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Dhoot Transmission and Molbio Diagnostics enjoy robust debut after record investor demand

Dhoot Transmission and Molbio Diagnostics saw their stocks surge on debut, driven by hefty investor interest and strong subscription levels, marking a bullish start for both companies amid positive sector momentum. Shares of Dhoot Transmission and Molbio Diagnostics surged on…

  • apxadmin
  • August 17, 2026
  • Markets & Investing

Tempsens Instruments gears up for ₹650 crore IPO amid strong financials and market share gains

Tempsens Instruments (India) Ltd is set to launch its initial public offering on August 20, aiming to raise ₹650 crore and bolster its presence in the temperature sensing and electrical heating sectors, backed by recent revenue growth and strong market…

  • apxadmin
  • August 17, 2026
  • Markets & Investing

Milky Mist Dairy Food's IPO set for debut amid strong investor interest and softening grey market premium

Milky Mist Dairy Food prepares for listing on NSE and BSE with a modestly positive grey market, after attracting overwhelming investor demand and scaling financials suggest ongoing growth in India’s dairy industry. Milky Mist Dairy Food is set to make…

  • apxadmin
  • August 17, 2026
  • Markets & Investing

Nifty 50 faces early week decline amid support levels and market uncertainty

Indian benchmark Nifty 50 opened the week under pressure, slipping from recent highs amid weakening market breadth and cautious investor sentiment. Analysts watch key support levels as the index navigates potential deeper declines or rebounds. Nifty 50 started the week…

  • apxadmin
  • August 17, 2026
  • Markets & Investing

Ashok Leyland’s diversified business model boosts outlook amid demand recovery

Nirmal Bang raises target price and praises the company’s expanding non-truck businesses, suggesting a more resilient earnings profile amid a successful Q1 performance. Nirmal Bang has kept a buy rating on Ashok Leyland after the commercial vehicle maker’s latest quarterly…

  • apxadmin
  • August 17, 2026
  • Markets & Investing

Voltas reaps broker optimism on strong summer surge and market share gains

ICICI Securities maintains an ‘Add’ rating and unchanged Rs 1,400 target as Voltas reports a robust June quarter driven by increased demand and better profitability, sparking renewed broker interest amid cautious market sentiments. Voltas drew renewed broker interest after ICICI…

  • apxadmin
  • August 17, 2026
  • Economy, Policy and Business

Lalithaa Jewellery Mart’s IPO signals shift towards formal retail networks in India’s jewellery sector

Chennai-based Lalithaa Jewellery Mart’s planned ₹1,700 crore listing highlights evolving industry dynamics as regional chains seek capital for expansion amid increasing scrutiny and changing consumer preferences in India’s jewellery market. Lalithaa Jewellery Mart’s planned ₹1,700 crore listing is drawing attention…

  • apxadmin
  • August 17, 2026
  • Economy, Policy and Business

Global sugar prices reach one-year high amid weather risks and supply concerns

Sugar prices have surged to a one-year high on global and Indian markets due to tightening supplies, weak rainfall, and weather uncertainties linked to El Niño, prompting government intervention and market vigilance. Sugar prices have moved higher in both global…

  • apxadmin
  • August 17, 2026
  • Fintech & Digital Money

Preventing friendly fraud: strategies to tackle a hidden revenue drain

As friendly fraud becomes an increasing challenge for merchants, experts emphasise proactive measures such as clear communication, organised record-keeping, and disciplined dispute workflows to minimise financial losses from genuine customer disputes arising from confusion or unawareness. Friendly fraud is a…

  • apxadmin
  • August 17, 2026
  • Tax, Laws & Money Explained

Tax department warns of defective returns over TDS mismatches and correction deadlines

Taxpayers face possible return rejection over mismatched TDS credits; experts advise early correction within a 15-day window following defect notices issued under Section 139(9). A mismatch in tax deducted at source, or TDS, can be enough for the Income Tax…

  • apxadmin
  • August 17, 2026
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