NIIF raises $2 billion for second infrastructure fund; sets target of $3.2 billion

India's National Investment and Infrastructure Fund raised $2 billion for its second infrastructure fund. This first close includes backing from global investors like Temasek and AustralianSuper. The fund now sets a target of $3.2 billion. Sanjiv Aggarwal said, "Infrastructure Fund II reflects the continued confidence of our partners in India."

Coal India to focus on realisations, productivity and cost control

Coal India will focus on realisations, productivity, and cost control to strengthen earnings after profits fell in FY26, Chairman B Sairam said on Monday. "Looking ahead, our focus will be on improving the quality and sustainability of earnings," he said. The company saw some improvement in the first quarter of 2026.

IOCL targets sales of more than 10.50 million tonnes (Mt) by the end 2030

Indian Oil Corporation targets sales of more than 10.50 million tonnes by the end of 2030. The company saw record natural gas sales of 7.09 Mt in the financial year ending March 2026. Chairman A S Sahney said, "We have set a target of increasing natural gas sales by 1.5 times."

Purple Style Labs opens IPO with store expansion, marketing in focus

Purple Style Labs opened its ₹680 crore IPO on August 31. CEO Abhishek Agarwal said, “We have always been a growth-focused company.” The firm plans to use the funds for store lease liabilities and marketing. This strategy aims to boost the luxury fashion platform after three years of reported losses.

Gopalpur Industrial Park set to drive Odisha's green push with Rs 65,000 crore investment pipeline

Gopalpur Industrial Park in Odisha has attracted an investment pipeline of over Rs 65,400 crore. Tata Steel Special Economic Zone Ltd said on Monday that these funds cover green hydrogen, chemicals, and solar projects. Managing director Manikanta Naik said, "Major infrastructure projects for the supply of power and water have aided this cause."

Skipper targets 20% revenue growth from FY28 as exports and margins improve

Skipper targets 20% revenue growth from FY28 as exports and margins improve. Director Sharan Bansal said the company maintains its 15% revenue growth guidance for FY27. Export orders should double to ₹1,500 crore, helping the firm reach a record order book. Bansal said, “Execution is very much back on track.”

Expert view: Range-bound market may impact domestic capital inflows, says Samco Mutual Fund's CIO

Samco Mutual Fund CIO Umeshkumar Mehta said a range-bound market may impact domestic capital inflows. He noted that the current nature of domestic participation is structurally different. Mehta added, "The resilience of the SIP book despite periods of volatility is encouraging." Investors now use systematic investing for long-term financial savings.

8th Pay Commission: Could a shorter '11-year' rule finally boost your pension by thousands?

Central government pensioners want the 15-year pension commutation period reduced to 11 years. Many employee organisations said the current rule is outdated because interest rates and life expectancy changed since 1986. They argued that an 11-year restoration period is fair, as it prevents excess recovery of funds from retired employees.

Nifty Prediction Today - August 31, 2026: Nifty futures: Slips below a support

Nifty 50 began today's session at 24,118, slipping below a key support level on August 31, 2026. The index is now trading at 24,000, down nearly 0.7 per cent. With all sectors in the red, the broad-based sell-off showed a bearish bias. Traders can consider intraday short positions for now.

NHAI seeks bids for pending Haridwar-Nagina highway work - What's the cost?

NHAI invited bids for the pending Haridwar-Nagina highway work on August 28, 2026. Contractors can submit bids until September 17, 2026, for this Rs 60.34 crore project. The selected firm will finish the four-laning work within one year and manage maintenance for 10 years to strengthen the national highway network.

India's built environment faces a talent crunch as Viksit Bharat ambitions grow

India’s built environment sector faces a major talent crunch as infrastructure ambitions grow. Ashwani Awasthi said, "The built environment is the physical platform on which that story will be delivered." While the industry needs skilled professionals to support Viksit Bharat 2047, a gap between education and workplace needs remains today.

Cochin Port unions seek disclosure of rationale behind Vallarpadam ICTT extension

Cochin Port Joint Trade Unions Forum demanded that the Cochin Port Authority make public the rationale behind a two-year extension granted to the ICTT operator. The unions said greater transparency was necessary before extending contractual benefits. They also sought details on cargo throughput, revenue sharing, and pending financial claims.