BIz & Economy

Svatantra Microfin Files Papers for ₹3,000-Crore IPO

Bold News Digital Aug 15, 2026

NEW DELHI, Aug 15: Svatantra Microfin has filed draft papers with market regulator Sebi to raise around ₹3,000 crore through an initial public offering, marking a major step towards its proposed listing. The company, which is among India's largest microfinance institutions by gross portfolio, is seeking regulatory approval for the public issue.…

India Inc Revenue Growth Accelerates to 22% in June Quarter: ICRA

Bold News Digital Aug 15, 2026

NEW DELHI, Aug 14: Corporate India's revenue growth accelerated sharply in the first quarter of the 2026-27 financial year, with income of 838 listed companies rising 22 per cent year on year, according to a report by rating agency ICRA.…

BIz & Economy

RBI to End FCNR(B) Swap Facility Early After $50 Billion Inflows

Bold News Digital Aug 15, 2026

NEW DELHI, Aug 15: The Reserve Bank of India has decided to close its discounted foreign-exchange swap facility for banks against Foreign Currency Non-Resident (FCNR-B) deposits earlier than scheduled, following a strong response from…

BIz & Economy

L&T Secures ₹10,000 Crore–₹15,000 Crore Order to Build AI Factory

Bold News Digital Aug 14, 2026

NEW DELHI, Aug 14: Larsen & Toubro has secured a major order estimated at ₹10,000 crore to ₹15,000 crore to build an artificial intelligence factory equipped with 10,000 NVIDIA B300 GPUs, marking a significant expansion of the…

BIz & Economy

Jio Financial, Bank of America Forge $1.9 Billion Credit Venture

Bold News Digital Aug 14, 2026

MUMBAI, Aug 14: Jio Financial Services and Bank of America are joining hands to expand digital lending in India through a major investment in Jio Credit, marking a significant entry by the US banking giant into the country's growing…

BIz & Economy

Tata Group Faces Leadership Transition as Chandrasekaran Set to Step Down

Bold News Digital Aug 14, 2026

NEW DELHI, Aug 14: The Tata Group is heading towards a major leadership transition after N Chandrasekaran decided not to seek another term as chairman of Tata Sons, the holding company of the $280-billion conglomerate. His current tenure is…

BIz & Economy

Vegetable Oil Imports Fall 7% in July as Crude Oil Share Climbs to 96%: SEA

Bold News Digital Aug 14, 2026

New Delhi: India’s vegetable oil imports declined 7% year on year to 15.25 lakh tonnes in July 2026, compared with 16.48 lakh tonnes recorded in the same month last year, according to industry body the Solvent Extractors’ Association of…

BIz & Economy

Bank of America to Invest Up to Rs 18,000 Crore in Jio Credit

Bold News Digital Aug 13, 2026

NEW DELHI, Aug 13: Bank of America will invest up to Rs 18,000 crore in Jio Credit, the non-banking financial company arm of Jio Financial Services, under a strategic partnership aimed at expanding financial services in India. Under the…

BIz & Economy

Rupee Gains 10 Paise to 95.33 as RBI Dollar Sales Ease Pressure

Bold News Digital Aug 13, 2026

MUMBAI, Aug 13: The Indian rupee ended Wednesday 10 paise higher at 95.33 against the US dollar, supported by dollar sales believed to have been carried out by the Reserve Bank of India, even as higher crude oil prices weighed on the…

BIz & Economy

India Targets $1 Trillion Exports as Overseas Shipments Rise 15%

Bold News Digital Aug 13, 2026

NEW DELHI, Aug 13: India is targeting $1 trillion in exports this year after recording around 15 per cent growth in overseas shipments during the first four months of the current financial year, Union Commerce and Industry Minister Piyush…

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