Business Standard

Mumbai (Maharashtra) [India], September 1: SIMCA Advertising Limited (NSE Emerge: SIMCA | ISIN: INE1K4J01018), one of India's established mediatech and Digital Out-of-Home (DOOH) advertising companies with a legacy spanning over five decades, has been honoured with the Excellence in Out-of-Home Advertising recognition at the ET NOW Business Conclave & Awards 2026 - West Edition.

Design and technology services firm Tata Elxsi on Tuesday said it has signed an initial pact with startup Sarla Aviation to collaborate on the development of the Bengaluru-based firm's air taxi platform Shunya. Under the collaboration, Tata Elxsi will provide engineering support across avionics, including flight control systems, software integration, testing, verification and validation, and certification. On the other hand, Sarla Aviation will lead the design, development and type certification

Amazon's quick commerce business unit, Amazon Now, plans to expand its footprint to 300 cities nationwide soon, a top company official said on Tuesday. We are expanding very rapidly. We have a path to expand to about 300 cities very, very soon, Nishant Sardana, Director - Amazon Now, told PTI here. Amazon Now, launched in January, 2025, is currently operates in about 30 cities. Without specifying a timeframe for realising the plan to enter 300 cities, Sardana said the company is quadrupling its

Combined entity will bring together digital engineering, cybersecurity and AI capabilities with strengths in SAP, enterprise applications and Industry 4.0 offerings

Kolkata (West Bengal) [India], September 1: StarManch, an Indian homegrown karaoke and social music platform, has entered the connected-mobility space through its integration with the newly launched MG Hector Tomahawk. The development takes StarManch beyond smartphones and introduces a first-of-its-kind interactive karaoke experience within the vehicle's entertainment ecosystem.

State-run aluminium producer pushes ahead with new smelter, captive power plant and mining projects as its Damanjodi refinery expansion enters commissioning phase

Partnership will study the use of mining byproduct containing silica, iron oxides and other nutrients in crops such as paddy, wheat and vegetables

Design-led contracts accounted for 13.93% of manufacturing GMV in FY26, up from 7.65% three years earlier, as Zetwerk moves into engineering and co-creation

No 3 carrier changes logo, launches brand campaign with SRK teaser

Total sales include domestic sales of 1,01,594 units (up 40% YoY) and exports of 6,054 units (up 71% YoY).

Domestic tractor sales rose 5% to 27,595 units while exports remained flat at 1912 units.

Sudarshan Chemical Industries announced the sale of its step-down subsidiary VP4 Frankfurt GmbH (VP4 Frankfurt) to Celanese Corporation, USA, further sharpening the company's focus on its core pigments business.

IZMO announced that its semiconductor subsidiary, izmo Microsystems, has developed an innovative high frequency RF Quad Flat No-Lead (QFN) package for semiconductor devices operating at frequencies of up to 40 GHz.

The offer received bids for 32.16 crore shares as against 32.02 lakh shares on offer.

The Indian rupee gained 28 paise to close at nearly two-month high of 94.94 (provisional) against the US dollar on Tuesday on robust domestic growth. Moreover, the MSCI index rebalancing refers to the August quarterly review adjustments, which triggered over $1.5 billion in passive foreign inflows into Indian equities on August 31, 2026, providing a significant boost to the Indian rupee (INR). However, Indias BSE Sensex closed virtually unchanged at 76,944 on Tuesday, as traders weighed ongoing

Reserve Bank of India (RBI) stated India's current account deficit stood at US$ 4.2 billion (0.5 per cent of GDP) in Q1:2026-27 as compared to US$ 3.4 billion (0.4 per cent of GDP) in Q1:2025-26. Merchandise trade deficit at US$ 86.1 billion in Q1:2026-27 was higher than US$ 68.9 billion in Q1:2025-26. Net services receipts increased to US$ 51.6 billion in Q1:2026-27 from US$ 47.9 billion a year ago.

Domestic sales jump 23.6% to 54,396 units

Through its membrane technology division, ADIMEM Technologies

To launch a digital lending platform for small ticket biz loans segment

With capacity of 40,000 cans per hour

For development of Shunya, India's First Indigenous eVTOL Aircraft

The offer received bids for 36.99 lakh shares as against 31.37 lakh shares on offer.

The offer received bids for 1.59 crore shares as against 1.85 crore shares on offer.

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The Government of India (GoI) has announced the sale (issue/ re-issue) of (i) New GS 2031 for a notified amount of Rs 21,000 crore and (ii) 7.71% GS 2066 for a notified amount of Rs 11,000 crore. he auction will be conducted using multiple price method. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (e-Kuber system) on September 04, 2026 (Friday). GoI will have the option to retain additional s

EV sales jump 94% to 16,549 units

Brigade Group has announced the opening of PVR INOX Cinemas at Arcadia, Brigade Cornerstone Utopia. PVR INOX Cinemas at Arcadia features six auditoriums with a seating capacity of 949 seats across approximately 42,000 sq. ft. across two floors. Located within the retail zone of Brigade Cornerstone Utopia, the multiplex brings a contemporary cinema experience while creating another avenue for people to socialise and spend leisure time within the neighbourhood.

Wipro has renewed its long-standing Digital Workplace Services contract with ABB, a global technology leader in electrification and automation.

The key equity indices ended marginally lower on Tuesday, extending their decline for the second consecutive session. Renewed Middle East tensions pushed crude oil and global bond yields higher, keeping investors cautious. The Nifty ended below the 24,100 mark as banking, financial services, auto and pharma stocks came under pressure. However, gains in IT and FMCG stocks helped limit the broader market's losses.

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Manapakkam is emerging as a prominent residential and IT hub in Chennai. With its expanding residential and corporate ecosystem, Manapakkam has emerged as an important catchment for a diverse and growing base of travellers.

Truck segment grew 53% YoY by value, led by sustained commercial vehicle offtake.

TVS Motor Company recorded monthly sales growth of 21% with sales of 616,540 units in August 2026 as against 509,536 units in August 2025.

Mumbai (Maharashtra) [India], September 1: Senco Gold & Diamonds, one of India's most trusted jewellery houses, has partnered with Olocker, India's first dedicated jewellery insurance platform, to offer free jewellery insurance to its customers, protecting purchases against risks such as snatching, robbery, and housebreaking.

Rajiv Kumar urged HDFC Bank CEO Sashidhar Jagdishan to accelerate loan growth, step up technology investments and address legacy issues, sources said

At 14:30 IST, the barometer index, the S&P BSE Sensex, declined 296.22 points or 0.38% to 76,661.05. The Nifty 50 index lost 124.35 points or 0.52% to 23,956.05.

The seed round will fund deployment of the company's first six swarming ISR satellites and support expansion of its mission operations and avionics-as-a-service businesses

Religare Enterprises rose 3.36% to Rs 250.95 on Tuesday after investor Ashish Dhawan further increased his stake in the company through open-market purchases.

Pune (Maharashtra) [India], September 1: The Abhay Bhutada Foundation, led by CA Abhay Bhutada, marked National Sports Day by donating essential sports kits and equipment to talented students from the North East of India residing at Ishwarpuram Hostel in Pune.

Kovoor joins the Parle-G maker after spending three decades at PepsiCo across consumer businesses and markets

The key equity benchmarks pared all recovery gains and traded in the negative territory in afternoon trade. The Nifty traded below the 24,050 level. Bank, financials and auto stocks led the decline while FMCG, IT and metal shares bucked the trend.

Carol Furtado has been appointed acting MD and CEO with immediate effect, subject to RBI approval, while the bank begins the process of identifying a successor

NIIF Infrastructure Fund II has achieved a first close of 19,000 crore, more than 60 per cent of its 30,000 crore target, and will invest across key infrastructure sectors

Power investments, steady government infrastructure spending and overseas opportunities are expected to strengthen order books, though commodity inflation may pressure margins

Sun Pharmaceutical Industries on Tuesday announced it has entered into an agreement with the US government to prioritise access to affordable medicines for American patients. As part of the agreement, signed during a ceremony at the White House, Mumbai-based Sun Pharma, India's largest drugmaker, will extend 'Most Favoured Nation' (MFN) pricing to state Medicaid programmes, the company said in a regulatory filing on Tuesday. The commitment to MFN pricing will also apply to Sun Pharma's future in

Tata Motors Ltd on Tuesday reported a 49 per cent growth in total commercial vehicle sales in August at 44,411 units as compared to 29,863 units in the same month last year. Domestic commercial vehicle sales were up 33 per cent at 36,619 units last month as compared to 27,481 units in August last year, Tata Motors Ltd said in a statement. International business volumes were at 7,792 units in August as against 2,382 units in the year-ago month, registering a 227 per cent growth year-on-year.

A five-member special NCLT bench constituted to hear the personal insolvency case of Subhash Chandra on Tuesday issued notices to all the parties and directed the Essel Group Chairman not to alienate his properties, either directly or indirectly. Last week, NCLT approved a repayment plan under which creditors are set to recover about Rs 6.25 crore from Chandra's personal estate against claims of roughly Rs 22,006 crore. Chandra said the Rs 22,006 crore figure had been widely misunderstood becaus