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Shoppers Stop turns a corner with renewed profit spree driven by premium demand and beauty sales

Shoppers Stop has reported a significant turnaround in its financials for Q1 FY27, buoyed by increased premium product sales, strategic stock management, and a boom in beauty sector revenues, setting a positive tone for the festive season. Shoppers Stop has…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Biocon accelerates biosimilar momentum with 17% revenue growth in Q1 FY27

Biocon Limited reports a 10% rise in operating revenue, driven by a 17% increase in biopharma sales, amid strategic shifts towards biosimilars and a stronger US market outlook for FY27. Biocon Limited said its consolidated operating revenue rose 10% year…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Genesys International sets terms for ₹125 crore rights issue, with shares available from August 14

Genesys International Corporation Ltd. has announced its rights issue, offering over 250 million shares at ₹50 each to raise approximately ₹125 crore, with trading in rights entitlements beginning this month. Genesys International Corporation Ltd. has set the terms of its…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Taal Tech boosts shareholder appeal with 1-for-5 stock split amid strong June quarter growth

TAAL Tech reported a 41.6% year-on-year rise in revenue for the June quarter, with profits and turnover surging, as the company plans a stock split to enhance liquidity and retail participation amidst a buoyant engineering sector. TAAL Tech is set…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Vardhman Holdings soars on Q1 profit surge driven by market valuation gains

Shares of Vardhman Holdings climbed after the company reported a significant first-quarter profit increase, driven by strong mark-to-market gains and higher investment income, reflecting investor interest in valuation-linked earnings amid rising mutual fund assets in India. Vardhman Holdings shares drew…

  • apxadmin
  • August 6, 2026
  • Tax, Laws & Money Explained

India’s Atal Pension Yojana adapts to new enrolment restrictions and contribution structure

India’s primary retirement scheme for informal workers, the Atal Pension Yojana, introduces new eligibility and contribution rules, shifting the landscape for millions seeking a basic pension post-60. India’s Atal Pension Yojana remains one of the country’s main retirement schemes for…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

RBI maintains Tata Sons on upper-layer NBFC list amid ongoing de-registration review

The Reserve Bank of India has retained Tata Sons on its upper-layer non-banking finance company list for 2026-27, while clarifying that its de-registration application remains under review, as the central bank shifts to an asset size threshold for classification. The…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

Mumbai edges closer to top 10 global data centre markets as India’s digital infrastructure accelerates

Mumbai ranks 15th globally for operational capacity and 11th for development pipeline, highlighting India’s rapid expansion into major Asia-Pacific data centre hubs amid increasing AI-driven demand and infrastructure needs. Mumbai has emerged as one of the world’s most active data…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

Uttar Pradesh amplifies 2026-27 budget with ₹59,000 crore supplementary to boost industrial and digital growth

Uttar Pradesh has announced a significant supplementary budget of ₹59,019.54 crore, marking a strategic move to accelerate infrastructure, industry, and digital initiatives aligned with its growth ambitions for 2026-27. Uttar Pradesh has widened its 2026-27 spending plan with a first…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

India leads the way in AI adoption among top economies as consumer and business integration accelerates

A Deloitte study reveals India is rapidly advancing in AI adoption across consumer-facing industries and business operations, positioning itself as a global leader in the AI revolution with potential to reach a $1.9 trillion consumer economy by 2030. India has…

  • apxadmin
  • August 6, 2026
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