Short news for quality minds. Power your niche.

Stuck in an emergency? Why picking the wrong debt could be a 'costly mistake' for your wallet.

Stuck in an emergency? Why picking the wrong debt could be a 'costly mistake' for your wallet.

Economic Times

Choosing between a credit card and a personal loan during an emergency depends on your repayment timeline. Use a credit card if you can pay the full balance by the due date. If you need months to pay, a personal loan is better because it offers much lower interest rates.

Tap to Read More
Spotlight: Willie Walsh to pilot IndiGo's global ambitions

Spotlight: Willie Walsh to pilot IndiGo's global ambitions

Business Line

Willie Walsh took over as IndiGo’s Chief Executive Officer on Monday. He will lead the airline’s global growth and strategy as it nears its 20th anniversary. Shashank Nigam said, "Walsh is inheriting a strong platform." The airline now aims to expand its fleet and reach more international destinations by 2030.

Tap to Read More
GRSE bags Rs 1,032 crore contract from ONGC to build four offshore support vessels

GRSE bags Rs 1,032 crore contract from ONGC to build four offshore support vessels

Economic Times

Garden Reach Shipbuilders and Engineers Ltd secured a Rs 1,032 crore contract from ONGC to build four Platform Supply Vessels. The company said it got the award on July 30, 2026. These ships use hybrid propulsion and battery technology, helping GRSE grow its business in the commercial offshore vessel segment.

Tap to Read More
Remsons Industries appoints auto industry veteran Rahul Prabhakar Desai as CEO

Remsons Industries appoints auto industry veteran Rahul Prabhakar Desai as CEO

Business Line

Remsons Industries appointed Rahul Prabhakar Desai as its new Chief Executive Officer, effective August 3, 2026. Desai brings over three decades of experience in the automotive manufacturing industry to the firm. He succeeds Amit Srivastava, who leaves the company on September 4. The board expects Desai to drive further operational excellence.

Tap to Read More
He was fired from Deloitte, then escorted out by security. Years later, he became one of Marvel's biggest heroes

He was fired from Deloitte, then escorted out by security. Years later, he became one of Marvel's biggest heroes

The Economic Times

Simu Liu was fired from his accounting job at Deloitte and escorted out by security. He recently shared that this painful day changed his life. Liu said, "I owe my life to being let go from Deloitte." This experience pushed him to pursue acting, eventually leading to his Marvel success.

Tap to Read More
$100 bn in sight: India is rolling in dollars but what about the rupee?

$100 bn in sight: India is rolling in dollars but what about the rupee?

The Economic Times

Two months after the RBI launched special measures to attract foreign currency, banks have mobilised over $40 billion. Economists project inflows could reach $100 billion. The programme aims to strengthen India's external defences and ensure dollar liquidity during global volatility, rather than boosting the rupee, which has remained largely unchanged.

Tap to Read More
Urban Company shares jump 18% to 12-week high after Q1 earnings

Urban Company shares jump 18% to 12-week high after Q1 earnings

Livemint

Urban Company shares jumped 18% to a 12-week high of ₹152 on August 3 after strong Q1 earnings. Revenue rose 44% to ₹528 crore, though the firm reported a net loss of ₹92.1 crore. Many new users joined as the company completed 13.2 million orders during the June 2026 quarter.

Tap to Read More
Jindal Steel to spend less, focus on utilising capacity: MD VR Sharma

Jindal Steel to spend less, focus on utilising capacity: MD VR Sharma

Economic Times

Jindal Steel will spend 11% less on capital expenditure this fiscal year. Managing Director VR Sharma said, "We are not going to burden our balance sheet with borrowings." The company plans to focus on reaching 100% capacity utilisation and improving cost efficiencies instead of taking on new debt for expansion.

Tap to Read More
Reduce Thermax; target of Rs 3952: Prabhudas Lilladher

Reduce Thermax; target of Rs 3952: Prabhudas Lilladher

MoneyControl

Prabhudas Lilladher set a target price of Rs 3952 for Thermax and gave it a Reduce rating. The company reported a weak performance as revenue grew 9.4% but margins fell due to project losses and shipment delays. Management expects a recovery from Q3FY27 as they finish old government projects soon.

Tap to Read More
Keto Motors rolls out new commercial electric bus

Keto Motors rolls out new commercial electric bus

Business Line

Keto Motors unveiled its first commercial electric bus, the Urbanova KE9, in Hyderabad on Sunday. The 9-metre bus carries 31 passengers and offers a 150 km range. Director Venkatesh Challa said, "The launch marks the beginning of Keto Motors' next phase of growth as we work towards building a comprehensive ecosystem."

Tap to Read More
Shree Cement: Nomura maintains 'Buy' after Q1 EBITDA miss, retains target price at Rs 28,000

Shree Cement: Nomura maintains 'Buy' after Q1 EBITDA miss, retains target price at Rs 28,000

MoneyControl

Nomura maintained a 'Buy' rating on Shree Cement with a Rs 28,000 target price after Q1 FY27 results. The company reported 10.49 million tonnes in volume, but EBITDA fell to Rs 1,075 crore. Nomura said, "Volume growth was among the strongest reported in the cement sector during the quarter."

Tap to Read More
Della bets on 3,600-key hotel pipeline to drive township projects

Della bets on 3,600-key hotel pipeline to drive township projects

mint

Della Group plans to build 3,600 hotel keys across township projects to boost real estate value. Founder Jimmy Mistry said, "We are now doing theme-based, hospitality-driven developments which creates value for the traveller and the developer." The firm has signed 12 projects in cities like Pune, Ahmedabad, Nagpur and Raipur.

Tap to Read More