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Axiscades reports record revenue but swings to net loss amid restructuring costs

Bengaluru-based aerospace and defence tech firm AXISCADES achieves a 42.2% revenue increase in Q1, yet posts a net loss due to restructuring costs linked to its planned sale of engineering services business, signalling a significant transformation phase. AXISCADES Technologies shares…

  • apxadmin
  • August 14, 2026
  • Markets & Investing

Sanrhea Technical Textiles reports significant Q1 revenue growth amid margin pressures

Sanrhea Technical Textiles Ltd experienced a 59.6% year-on-year boost in first-quarter revenue, driven by increased demand in its industrial fabrics segment, although profitability showed signs of pressure as margins compressed slightly from previous quarters. Sanrhea Technical Textiles Ltd posted a…

  • apxadmin
  • August 14, 2026
  • Economy, Policy and Business

India's states ramp up policies to attract global capability centres, aiming for 1.18 million jobs by 2031

Indian states are competing with tailored policies, fiscal incentives, and infrastructure investment to position GCCs as a key driver of employment and office space demand, with projections of nearly 1.18 million jobs and over 1,300 new centres by 2031. Indian…

  • apxadmin
  • August 14, 2026
  • Economy, Policy and Business

Gaja Alternative Asset Management prepares for India IPO to fund growth and expand footprint

Gaja Capital, a private equity and alternatives firm focusing on Indian mid-market businesses, is set to launch an IPO aiming to raise up to ₹656.2 crore to support fund commitments and growth plans amid steady revenue growth and expanding assets.…

  • apxadmin
  • August 14, 2026
  • Personal Finance & Wealth

SIP investment gains momentum among defence families as long-term wealth tool

Systematic Investment Plans are becoming a mainstream strategy for defence families to build wealth steadily, leveraging market dips and compound growth over long durations, despite inherent risks. For many defence families, the challenge is not earning money but making it…

  • apxadmin
  • August 14, 2026
  • Personal Finance & Wealth

Reaching 1 crore marks a financial milestone, but its real power lies ahead

While accumulating the first ₹1 crore is the toughest phase in wealth creation, it sets the stage for accelerated growth through the power of compounding , highlighting the importance of patience and disciplined investing. The first ₹1 crore is often…

  • apxadmin
  • August 14, 2026
  • Personal Finance & Wealth

Surge in consumer complaints highlights growing challenges for Indian e-commerce platforms

Nearly 20 lakh complaints against online retail and quick commerce platforms highlight rising grievances and regulatory efforts in India over the past five years, with non-delivery and wrong products cited as top issues. Nearly 20 lakh consumer complaints have been…

  • apxadmin
  • August 14, 2026
  • Personal Finance & Wealth

Mumbai professionals increasingly turn to gold loans for quick short-term cash solutions

In Mumbai, salaried professionals are using gold loans as a fast and practical way to manage urgent cash needs, balancing convenience with repayment risks amid the city’s financial pressures. In Mumbai, where pay cycles, deadlines and household costs can all…

  • apxadmin
  • August 14, 2026
  • Tax, Laws & Money Explained

Missing e-way bill stalls refunds and risks penalties for Indian e-commerce firms

India’s requirement for e-way bills on returns and non-traditional shipments is causing delays and compliance risks for direct-to-consumer sellers, highlighting the need for stringent documentation in reverse logistics to avoid costly penalties. A rejected cash-on-delivery parcel can become a compliance…

  • apxadmin
  • August 14, 2026
  • Tax, Laws & Money Explained

India’s banking sector poised to attract nearly $50 billion amid regulatory overhaul and liquidity support

The Reserve Bank of India’s recent measures, including liquidity support and a regulatory shift, could unlock up to $50 billion in foreign inflows, marking a significant transformation in the country’s financial landscape. India’s banking sector may be on course to…

  • apxadmin
  • August 14, 2026
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