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Business News

US stocks: Retail investors sold SpaceX shares for first time on Friday

FinSiddhiAugust 10, 2026

For the first time since its launch, retail investors sold off SpaceX shares, coinciding with a rebound towards its IPO price. This change reflects a reevaluation of risk versus reward, prompting some to take profits. Since mid-July, the company’s stock has struggled below the IPO threshold, following a series of declines and an overall downturn…

Business News

Bharat Forge posts ₹89.7 cr Q1 loss, retains 20-25% India growth outlook

FinSiddhiAugust 10, 2026

Bharat Forge reported an Rs 89.7 crore consolidated net loss after restructuring charges at its German subsidiary, while revenue from operations rose 18.7 per cent

Business News

RPSG Group subsidiary to buy ReNew’s 1.4 GW solar capacity for ₹4,859 cr

FinSiddhiAugust 10, 2026

The acquisition will raise Purvah Green Power’s contracted capacity to 4.8 GWp and support RPSG Group’s ambition to build a 10 GW renewable energy platform

Business News

NHPC targets ₹15K cr capex in FY27 amid expansion of hydro project pipeline

FinSiddhiAugust 10, 2026

The state-owned hydropower major has over 10 GW of capacity under clearance and 17.9 GW of pumped storage projects at various stages of implementation

Business News

Wockhardt Q1 results: Revenue rises 26% to ₹929 cr, profit at ₹107 cr

FinSiddhiAugust 10, 2026

Pharmaceuticals firm Wockhardt Ltd on Monday reported a consolidated profit after tax of Rs 107 crore for the first quarter ended June 30, mainly due to strong revenue growth.

Business News

Vi loss narrows to ₹3,754 cr in Q1 FY27, revenue rises 6% to ₹11,689 cr

FinSiddhiAugust 10, 2026

Vi loss narrows to ₹3,754 cr in Q1 FY27, revenue rises 6% to ₹11,689 cr

Business News

BEA, Airbus to join AAIB probe into Air India Phuket-Delhi flight incident

FinSiddhiAugust 10, 2026

The August 4 incident involving an Airbus A320 saw a sudden altitude loss of around 300 feet while cruising, leaving 13 passengers and four crew members injured

Business News

REIT, InvIT dividend tax relief may boost investor returns; know who benefits and what remains taxable

FinSiddhiAugust 10, 2026

The proposed tax change could make REIT and InvIT dividends tax-free for investors regardless of the tax regime chosen by the underlying SPV. However, interest and other components of distributions will remain taxable, so investors must check the payout breakup before calculating post-tax returns.

Business News

Intel plans $15 billion share sale as turnaround rally lifts stock

FinSiddhiAugust 10, 2026

Intel is gearing up for a monumental fifteen billion dollar share sale aimed at boosting its chip manufacturing capabilities. This strategic decision aligns with the company’s commitment to enhancing its production facilities and advanced packaging technologies. By amplifying its operations, Intel is setting its sights on competing with industry giants like TSMC, as soaring demand…

Business News

Hyundai eyes 1 mn connected-car sales by 2027 amid rising tech adoption

FinSiddhiAugust 10, 2026

Connected-vehicle penetration across Hyundai’s portfolio has risen five-fold since 2019, with the automaker targeting cumulative sales of over 2 million by 2030

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BOM 7.99 +0.00 +0.00%
TYO 14.70 +0.17 +1.17%
AAPL 308.26 -4.80 -1.53%
GOOGL 357.52 +3.22 +0.91%
MSFT 506.06 +6.07 +1.21%

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Business News

Why US is backing Australia’s $400 million scandium project to challenge China’s mineral grip

FinSiddhi August 11, 2026

The US Department of War is providing a $400 million loan to Sunrise Energy Metals. This funding supports the Syerston Scandium Project in Australia, aiming to reduce reliance on China. The project will establish a primary scandium source and create a new supply chain. This initiative will facilitate scandium’s use in critical defense and commercial…

Business News

‘Always under pressure’ from LoP Kharge: Rajya Sabha Chairman Radhakrishan

FinSiddhi August 11, 2026
Business News

Dear Gen Z, those butterflies may just be anxiety, not chemistry. Tread slow

FinSiddhi August 11, 2026
Business News

A Finnish man built an 11-metre yacht from scratch using solar panels and batteries and sailed more than 3,000 nautical miles without conventional fuel

FinSiddhi August 11, 2026

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