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Money Crux
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EPL Ltd. and Indovida merger creates a billion-dollar consumer packaging powerhouse

EPL Ltd. is set to significantly expand its footprint in consumer packaging through a merger with Indovida India, valuing the combined company at around $1 billion and unlocking new growth opportunities across emerging markets. EPL Ltd. is poised to become…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

Rupee slides on rising crude oil prices and geopolitical tensions, with limited support from foreign inflows

The Indian rupee weakened against the dollar amid a surge in global crude prices and renewed geopolitical uncertainty, despite some foreign capital support and potential Reserve Bank intervention. The rupee weakened on Tuesday as a jump in global crude prices…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

Adiabatic Technologies secures seed funding to scale domestic battery manufacturing

Pune-based Adiabatic Technologies raises INR 8.3 crore in seed round led by Malpani Ventures and Avinya Ventures, aiming to expand its manufacturing capacity and accelerate innovation in India’s industrial battery market. Adiabatic Technologies has raised INR 8.3 crore in seed…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Gold's rapid August rally faces technical warning signs of potential pullback

Gold prices continue a swift ascent in August, but technical analysts warn the market may be overheated, signalling a possible short-term correction after reaching overbought levels for the first time since March. Gold has continued its sharp rally into August,…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Adjustable-rate mortgages make a cautious comeback amid rising borrowing costs in 2026

With fixed-rate loans remaining out of reach for many buyers due to high mortgage rates, adjustable-rate mortgages are resurging as a more affordable alternative, prompting lenders and borrowers to weigh the risks and benefits carefully amid ongoing market uncertainties. Adjustable-rate…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

India’s early-career job market shows digital skills driving fresh hiring in 2026

A new survey indicates that India’s entry-level job market remains robust in the second half of 2026, with employers prioritising digital skills and practical experience over traditional qualifications, particularly in e-commerce, technology, and manufacturing sectors. India’s entry-level job market is…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

South Korea’s ETF market expansion sparks fierce liquidity provider race amid rising risks

South Korea’s rapidly growing ETF market is intensifying competition among brokerages to become primary liquidity providers, with firms expanding product offerings and staff recruitment, as they navigate increasing risks and regulatory challenges in a booming landscape. South Korea’s exchange-traded fund…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Sham Foam's ₹40.48 crore IPO aims to fund expansion amid rising demand for polyurethane foam products

Haryana-based Sham Foam Ltd launches its IPO on the BSE SME platform, seeking ₹40.48 crore to finance growth in its foam and home comfort products business, as revenues and profits surge in FY26. Sham Foam Ltd has opened its ₹40.48…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Bhudevi Infra Projects gains momentum on strong quarterly turnaround amid broader infrastructure push

Bhudevi Infra Projects Ltd’s latest quarterly figures reveal a significant profit recovery and share price surge, signalling renewed investor confidence amid India’s growing infrastructure investment in Telangana. Bhudevi Infra Projects Ltd has drawn fresh market interest after a sharp recovery…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Skytech Infinite’s IPO aims to fuel next growth phase with ₹22.68 crore fundraising

Skytech Infinite Platform Limited, a Bengaluru-based industrial automation firm, launches its IPO on August 14, seeking up to ₹22.68 crore to expand operations and strengthen its order book, amid steady recent financial growth. Skytech Infinite Platform Limited, a Bengaluru-based industrial…

  • apxadmin
  • August 12, 2026
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