Indian Army to procure 100 Javelin missiles worth $93 mn from the US
Business Lineby Dalip Singh·28 Aug 2026
The Indian Army has signed a US Foreign Military Sales Letter of Offer and Acceptance (LoA) to procure nearly 100 FGM-148 Javelin anti-tank guided missile systems worth $93 million.
India’s area under pulses acreage tops last year’s level
Business Lineby Vishwanath Kulkarni·28 Aug 2026
Kharif pulses area has surpassed last year’s levels. As on August 28, the acreage registered an increase of 1.68 per cent at 111.46 lakh hectares (lh) over corresponding 109.62 lh last year.
Fitch upgrades Reliance Industries Ltd’s (RIL) Long-Term Local-Currency Issuer Default Rating (IDR) to ‘A-’
Business Lineby BL Mumbai Bureau·28 Aug 2026
Fitch Ratings has upgraded Reliance Industries Ltd’s (RIL) Long-Term Local-Currency Issuer Default Rating (IDR) to ‘A-’ from ‘BBB+’. The Outlook is Stable.
SEBI issues observations on NSE’s IPO draft papers
Business Lineby Akshata Gorde·28 Aug 2026
The Securities and Exchange Board of India (SEBI) has issued observations on the draft papers filed by the National Stock Exchange (NSE) for its long-awaited initial public offering (IPO).
Letters to Editor
Business Line·28 Aug 2026
This refers to the editorial ‘Plane truth’ (August 28). An airport is essentially an integral part of industrial development and plays a vital role in attracting foreign investment.
Rakhi gifting gets premium, personal as smaller towns drive festive commerce
Business Lineby BL Bengaluru Bureau·28 Aug 2026
Raksha Bandhan is emerging as a key test case for how India’s gifting economy is changing, with consumers moving beyond traditional sweets and rakhis towards premium, personalised and occasion-led...
Vertex, Alt DRX partner to offer retail investors access to Mangaluru commercial real estate
Business Lineby BL Mangaluru Bureau·28 Aug 2026
Vertex Workspace, the managed workspace arm of Mukund Realty, and Alt DRX, a digital real-estate investment platform, have announced a partnership for participation in Mangaluru’s commercial real...
TVS Motor Company picks French automotive veteran Peyman Kargar as next CEO
Business Lineby Sindhu Hariharan·28 Aug 2026
French automotive executive Peyman Kargar is set to be the new CEO of India’s third-largest two-wheeler maker, TVS Motor Company in just about 17 months of joining the company as the President of...
SF Holding Reports Solid First Half 2026 Results, Accelerating International Growth and Enhancing Shareholder Returns
Business Lineby Cuelive·28 Aug 2026
HONG KONG , Aug. 28, 2026 /PRNewswire/ -- S.F. Holding Co., Ltd. ("SF Holding" or "SF" or "the Company", 002352.SZ; 06936.HK), the largest integrated logistics service provider in Asia, announced...
Green Finance Institution to drive climate investments: CII-IIMA taskforce proposes
Business Lineby Our Bureau·28 Aug 2026
India should set up a dedicated Green Finance Institution (GFI) to mobilise capital at scale for green infrastructure and industrial transition, alongside measures to make the country’s carbon...
Govt mops up more than 3/4th of BE under Miscellaneous Capital Receipts
Business Lineby Shishir Sinha·28 Aug 2026
With successful completion of LIC and other OFS, government managed to collect over 3/4th of the budget estimates under Miscellaneous Capital Receipts (MCR) in first five months of the fiscal year.
Devanathan quits Meta, joins OpenAI to lead Southeast Asia, Australia
Business Lineby BL New Delhi Bureau·28 Aug 2026
In a significant leadership move, Meta’s India and Southeast Asia head Sandhya Devanathan is leaving the social media giant to join OpenAI as Vice-President for Southeast Asia and Australia.
Why Raksha Bandhan has gone off script: Cakes, flowers and pet rakhis rewrite the sibling ritual
Business Lineby Amit Vijay Mohile·28 Aug 2026
Ten-year-old Reyansh Sachdev doesn’t have a sibling. So his parents, television scriptwriter Surbhi Sachdev and media research expert Rahul Sachdev, found another way for him to celebrate Raksha...
FCNR (B) inflows: India’s forex reserves soar to an all-time high of $729.328 billion
Business Lineby BL Mumbai Bureau·28 Aug 2026
India’s foreign exchange reserves soared to an all-time high of $729.328 billion in the week ended August 21, 20026, with the reserves being boosted by robust inflows into foreign currency...
Companies turn to ‘polymath’ engineers as AI automates routine work
Business Lineby Sanjana B·28 Aug 2026
AI is reshaping what companies want from engineers, with deep technical expertise alone increasingly giving way to “polymath” talent that can bridge technology, business, and multiple disciplines...
Cakes, flowers and pets rewrite the Rakshabandhan sibling ritual
Business Lineby Amit Vijay Mohile·28 Aug 2026
Ten-year-old Reyansh Sachdev doesn’t have a sibling. So his parents, television scriptwriter Surbhi Sachdev and media research expert Rahul Sachdev, found another way for him to celebrate Raksha...
Ambuja Neotia Group plans to add 1,800 beds across 8 upcoming healthcare facilities in 5 years, to invest ₹2,200 crore
Business Lineby BL Kolkata Bureau·28 Aug 2026
Ambuja Neotia Group is planning to add around 1,800 beds across eight upcoming healthcare facilities in the next four to five years at an investment of around ₹2,200 crore.
Tamil Nadu begins discussions with stakeholders on upgradation and expansion of Chennai airport
Business Lineby T E Raja Simhan·28 Aug 2026
Tamil Nadu government on Friday held a meeting with various stakeholders to improve the performance and capacity of Chennai airport and set the ball rolling for the proposed Terminal 5.
Govt eases defence export rules, simplifies SOP and OGEL framework to boost global reach
Business Lineby BL New Delhi Bureau·28 Aug 2026
Unlocking policy barriers hindering the global reach of indigenous weapon systems, the Ministry of Defence (MoD) has simplified its defence export standard operating procedure (SOP) and open...
Lenders to turn cautious on personal guarantee after NCLT verdict in Chandra’s case
Business Lineby Suresh P Iyengar·28 Aug 2026
The controversy surrounding Zee Group promoter Subhash Chandra’s personal guarantee case will make lenders more cautious while pursuing similar cases involving Anil Ambani, Venugopal Dhoot and the...
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