Faster AIF schemes to corporate bonds tokenisation: What Sebi annual report tells about its next moves

Sebi will introduce fast-track Alternative Investment Fund launches and a single-window clearance system to ease compliance. Chairman Tuhin Kanta Pandey said, "To further accelerate capital mobilisation, we will introduce a fast-track mechanism for launch of AIF schemes." The regulator also plans corporate bond tokenisation pilots and new technology roadmaps.

Tata Sons faces continued listing uncertainty after RBI classification

The Reserve Bank of India on Thursday kept Tata Sons under enhanced regulatory supervision. This classification keeps uncertainty alive regarding a potential share listing. Tata Sons applied to surrender its non-banking finance licence about two years ago. The regulator said this pending application will not be affected by the oversight.

Robotics startup Solinas Integrity bags $5.5 million from Hero Enterprise, Mela Ventures

Robotics startup Solinas Integrity raised $5.5 million from Hero Enterprise and Mela Ventures. The company uses robotics to clean and inspect underground water infrastructure. Founders Divanshu Kumar and Moinak Banerjee said, "Solinas has come this far by proving that the technology and the model works, city after city, contract after contract."

ixigo destined to be the largest player in mid market hotel segments over 4-5 years: CEO Aloke Bajpai

Ixigo is destined to be the largest player in the mid-market hotel segment over the next four to five years, said CEO Aloke Bajpai. Hotels are now the fastest-growing segment for the company. Bajpai said, “Hotels have started to achieve critical mass for us,” as they scale their hotel business.

SpaceX advances $1 trillion revenue target to 2030, Musk says

SpaceX now expects to reach $1 trillion in annual revenue by 2030, a year earlier than projected before its initial public offering. CEO Elon Musk said, “We now expect that to be in 2030.” The company plans to grow using its satellite internet business and new artificial intelligence infrastructure projects.

Lumina Datamatics completes acquisition of TNQTech

Lumina Datamatics completed the acquisition of Chennai-based TNQTech on August 6, 2026. The firm now owns 100 per cent of the company. Sameer Kanodia said, “Together, we have created a leading global partner for scholarly publishing solutions.” This move helps the combined business support publishers across the entire content lifecycle globally.

India's crude steel output rises 1.2% in July; finished steel consumption jumps 6.5%

India's crude steel output rose 1.2 per cent to 14.3 million tonnes in July 2026, while finished steel consumption jumped 6.5 per cent. Data from the Ministry of Steel showed steady growth across the sector. Strong demand from infrastructure and construction helped, even as steel prices softened during the month.

Lok Sabha passes Bill proposing tax holidays, predictability

The Lok Sabha on Thursday passed the Taxation and Other Laws (Amendment) Bill, 2026, to attract foreign investment. It offers tax holidays for electronic goods manufacturers and eases rules for data centres. Sumit Singhania said, "Extended tax holiday period for electronic goods manufacturers ought to enable investors to commit long term capital."

India crosses 300-GW non-fossil capacity mark; adds 30.58 GW renewables in six months: Joshi

India crossed 300 GW of non-fossil fuel capacity, Union Minister Pralhad Joshi said on Thursday. The nation added 30.58 GW of renewable energy during January-June 2026. Joshi said, "This achievement belongs to developers taking investment decisions, manufacturers expanding factories, financial institutions providing capital, and thousands of engineers and workers executing these projects."

Syrma SGS sharpens ODM capabilities as revenue doubles in Q1

Syrma SGS Technology reported that its ODM revenue doubled to ₹269 crore in Q1FY27. Managing Director Jasbir Singh Gujral said, "ODM now accounts for 17 per cent of total revenues, up from 13.3 per cent in Q1 last year." The company now uses its strong design capabilities to drive future growth.

Startup founder who earned Rs 30,000 now invests Rs 52 lakh in SIPs every month

Startup founder Gajendra Kothari now invests Rs 52 lakh in mutual fund SIPs every month. He shared his journey from earning Rs 30,000 in 2004 to reaching a Rs 67 crore net worth. Kothari said, "People often do not realise how quickly their wealth grows over time" through long-term investing.

Tata Sons in RBI’s new Upper Layer list for NBFCs

Tata Sons Private Ltd remains on the Reserve Bank of India’s new list of 17 NBFCs classified as Upper Layer for FY27. The RBI said this inclusion is without prejudice to the firm’s pending de-registration application. These entities face higher oversight and enhanced regulatory requirements for at least five years.