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Aurobindo Pharma shares decline as FDA issues warning letter to key subsidiary despite strong quarterly results

Shares of Aurobindo Pharma fell following the US FDA’s warning to its subsidiary Eugia Pharma Specialities, though the company reports robust quarterly profits and maintains current US shipments remain unaffected. Aurobindo Pharma shares fell after the company disclosed that the…

  • apxadmin
  • August 14, 2026
  • Markets & Investing

Welspun Living surges on strong Q1 profit amid optimism for international expansion

Welspun Living shares rose over 10% after posting a significant 85% increase in net profit for the June quarter, driven by robust revenue growth, improved margins, and positive brokerages forecasts for future international expansion. Welspun Living shares jumped 10.56% to…

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

BNI wondrX 2026 to showcase innovative products and offers at ICE BSD City

BNI is set to host its wondrX 2026 showcase from 21 to 23 August at ICE BSD City, uniting consumer banking, business services, and partners to present new products, digital features, and exclusive promotions for customers and potential clients. BNI…

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

PayPal invoice scams exploit legitimate tools to deceive users

Scammers are increasingly using authentic PayPal invoicing features to dupe victims into false debts and steer them toward dangerous phone calls, prompting security experts to advise vigilance and cautious verification. A PayPal message asking for payment on behalf of Kathleen…

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

Investor behaviour can cause significant differences in mutual fund returns, study finds

A new analysis reveals that individual investors often underperform fund averages due to timing and behavioural biases, highlighting the importance of disciplined investing and long-term strategies. Two investors can own units in the same mutual fund and still end up…

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

India’s global capability centres evolve into innovation hubs with AI-driven transformation

India’s global capability centres are transitioning from mere cost-efficient support units to strategic hubs focusing on product development, governance, and enterprise innovation, driven by AI and disruptive technology shifts in 2026. India’s global capability centres are moving well beyond their…

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

Indian banks intensify fixed deposit rate competition with new increases for short- and medium-term deposits

Union Bank of India, DCB Bank, and Indian Bank have revised their fixed deposit rates from August 4, 2026, offering higher returns for both regular and senior citizen customers amid heightened competition for savings. Union Bank of India, DCB Bank…

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

Rise in gift card laundering prompts new warnings for consumers

Criminals are increasingly exploiting gift cards and vouchers to conceal stolen funds, prompting calls for heightened vigilance among consumers and tighter regulation of prepaid retail products. Criminals are increasingly using gift cards and vouchers to move stolen money, turning what…

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

Regular mutual fund investors exhibit longer-term commitment than direct plan investors, highlighting distributor influence

New data suggests that investors in regular mutual fund plans, supported by distributors, tend to stay invested for longer periods than those who opt for direct plans, underscoring the behavioural anchor role of intermediaries amidst India’s rapid industry growth. The…

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

Early summer slowdown in UK housing market driven by increased stock and cautious buyers

The UK housing market faces an earlier and sharper summer slowdown, with rising property listings and subdued buyer interest amid economic uncertainties and higher mortgage costs, despite signs of improving consumer confidence. The latest signals from the housing market suggest…

  • apxadmin
  • August 14, 2026
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