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Olectra Greentech kicks off fiscal year with 66% revenue surge on electric vehicle growth

Hyderabad-based Olectra Greentech reports a 66% increase in revenue and doubles EV deliveries in Q1, signalling strong demand for its buses and electric commercial vehicles amid expansion plans. Olectra Greentech has started the new financial year with a sharp rise…

  • apxadmin
  • August 14, 2026
  • Markets & Investing

Timefolio's US dividend ETF to be delisted over correlation issues amid AI holdings spike

Timefolio Asset Management’s TIME US Dividend Dow Jones Active ETF will be delisted on August 19 after failing Korea Exchange’s correlation rules, highlighting challenges in balancing active management and compliance amid AI-driven portfolio shifts. Timefolio Asset Management said its TIME…

  • apxadmin
  • August 14, 2026
  • Markets & Investing

Page Industries reports mixed results but announces large interim dividend amid brokerage downgrades

Page Industries has posted a mixed set of June-quarter results, declared a hefty interim dividend of Rs 200 per share, and faced varied brokerage outlooks amid concerns over volume momentum and logistics challenges, keeping investor sentiment cautious despite positive demand…

  • apxadmin
  • August 14, 2026
  • Markets & Investing

Galaxy Surfactants surges after exceeding profit expectations and raising guidance

Shares of Galaxy Surfactants soared 20% on Friday following a strong quarter, upgraded profit guidance, and positive investor sentiment driven by a rebound in Indian volumes and resilient global demand. Galaxy Surfactants shares surged to their 20% upper circuit on…

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

Households adapt to inflation with strategic budgeting and product choices

As inflation rises, more households are adopting varied tactics, ranging from spending cuts to mobile price searches, to stretch their budgets, with some finding greater effectiveness in combined approaches. Inflation is pushing more households to treat budgeting as a series…

  • apxadmin
  • August 14, 2026
  • Fintech & Digital Money

Indian authorities crack down on fake loan apps amid rising cybercrime scams

With the proliferation of fake loan apps in India, authorities are intensifying efforts to combat data theft, extortion, and fraud, warning borrowers to exercise caution in digital lending practices. When money is tight, an app promising instant approval can look…

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

India’s textile sector could save billions by switching to renewable energy, mitigating fossil fuel shocks

Disruptions to fossil fuel supplies amidst global energy crises expose the vulnerability of India’s textile industry. A new report suggests that transitioning to renewable electricity and electrified heat systems could profoundly cut costs, enhance sustainability, and bolster international competitiveness ahead…

  • apxadmin
  • August 14, 2026
  • Markets & Investing

Ashok Leyland hits record profit amid rising material costs and resilient market demand

Ashok Leyland reports its highest-ever first-quarter profit driven by strong sales and volume growth, despite margin pressure from increased material costs. The company also approves investments to bolster subsidiaries and support expansion. Ashok Leyland delivered a record quarterly performance in…

  • apxadmin
  • August 14, 2026
  • Markets & Investing

India’s IPO market defies volatility with strong early-year gains amid robust pipeline

India’s IPO market continues to outperform expectations in FY2026-27, with average first-day gains of 12 per cent and a broad pipeline of companies awaiting regulatory approval, despite pockets of volatility and mixed post-listing performances. India’s initial public offering market has…

  • apxadmin
  • August 14, 2026
  • Markets & Investing

NHRC orders supply chain audits at Eureka Forbes amid child labour probe, complicating growth plans

The National Human Rights Commission has mandated supply chain audits at Eureka Forbes following a raid exposing child labour, raising questions over the company’s compliance and its ambitious expansion targets. The National Human Rights Commission has ordered supply chain audits…

  • apxadmin
  • August 14, 2026
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