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Month: August 2026

Business News

ICICI Bank closes market cap gap with HDFC Bank, reaches 95% of rival

FinSiddhiAugust 31, 2026

ICICI Bank’s market capitalisation has risen fourfold over six years, while HDFC Bank’s has doubled, narrowing the valuation gap between the two lenders

Business News

Zomato to cut nearly 250-300 jobs as it shuts Hyderabad support centre

FinSiddhiAugust 31, 2026

The affected employees work through third-party service providers as Zomato increasingly adopts AI and automation for customer support through its in-house Nugget platform

Business News

NCLAT to hear lenders’ challenge to Subhash Chandra repayment plan Tuesday

FinSiddhiAugust 31, 2026

Lenders are challenging the NCLT’s approval of Essel Group founder Subhash Chandra’s repayment plan, questioning the recovery quantum and creditors’ voting process

Business News

SpiceJet seeks more time from Delhi HC to meet ₹144.5 cr payment dues

FinSiddhiAugust 31, 2026

SpiceJet cited delays in receiving government-backed financial support as it sought more time to meet its payment obligations to KAL Airways and Kalanithi Maran

Business News

Nifty, Sensex snap two-month winning streak in August as crude weighs

FinSiddhiAugust 31, 2026

Broader markets extended their winning run to a fifth month, while IPO activity gathered pace, with 21 mainboard issues raising about Rs 21,000 crore in August

Business News

Investment demand drives Q1FY27 growth as consumption loses momentum

FinSiddhiAugust 31, 2026

Gross fixed capital formation growth accelerated to 11.9 per cent in Q1FY27, while private consumption growth slowed to 7.1 per cent from 7.5 per cent in Q4FY26

Business News

Chhattisgarh eyes ₹4 trillion revenue from 65 auctioned mineral blocks

FinSiddhiAugust 31, 2026

Five Chhattisgarh blocks are part of the Centre’s latest critical mineral auction as the state seeks a key role in India’s strategic mineral supply chains

Business News

ITC unit to acquire 22.1% stake in Happiest Minds for $140 million

FinSiddhiAugust 31, 2026

ITC said on Monday its IT arm would acquire a 22.1% stake in IT services provider Happiest Minds Technologies for about ₹1,330 crore ($139.76 million)

Business News

Govt meets 37% of FY27 capex target as April-July spending jumps 30%

FinSiddhiAugust 31, 2026

Capital spending rose 30 per cent year-on-year to Rs 4.51 trillion in April-July, while the fiscal deficit fell nearly 3 per cent to Rs 4.55 trillion

Business News

Delek US Energy stock hits all-time high at 73.99 USD

FinSiddhiAugust 31, 2026

Delek US Energy stock hits all-time high at 73.99 USD

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MSFT 501.61 +7.83 +1.59%

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Business News

Evercore ISI reiterates Outperform on Allegion stock, $180 target

FinSiddhi September 22, 2026

Evercore ISI reiterates Outperform on Allegion stock, $180 target

Business News

Sterling today: Pound slips as hawkish Fed talk lifts dollar broadly

FinSiddhi September 22, 2026
Business News

Sterling today: Pound slips as hawkish Fed talk lifts dollar broadly

FinSiddhi September 22, 2026
Business News

Up 38% MTD: This AI-picked chip stock just surged +17% on “off-the-charts” demand

FinSiddhi September 22, 2026

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