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NCLT Approves Subhash Chandra Settlement: ₹22,006 Crore Debt Cut to ₹6.5 Crore
NCLT approves Subhash Chandra’s settlement plan: ₹22,006 crore debt reduced to ₹6.5 crore with 99.97% haircut. HDFC Bank considers appeal as Congress criticizes ruling.
Mizuho Sues Radiant World in Singapore Court as Police Probe Widens
Singapore police raid Radiant World’s office investigating falsified documents. Mizuho Bank files court injunction against the iron ore trader on August 28 as five banks discover fake invoices.
Sonal Dinusha Scores Twin Centuries vs India, Joins Elite Test Club on August 27
Sonal Dinusha scores 103 and 133* in Colombo Test, becoming third batter ever to score centuries in both innings after follow-on. Sri Lanka draws 2nd Test vs India.
Nvidia Guides 70% Growth for Fiscal 2028 After Q2 Revenue Doubles to $96.2B
Nvidia beats Q2 earnings with $96.2B revenue, up 106% YoY. CEO Jensen Huang forecasts 70% fiscal 2028 growth, far exceeding analyst consensus. Data center revenue surges 117% as AI demand accelerates.
US and China Race for Pacific Deep-Sea Mining as Australia Faces Pressure to Act
US and China compete for Pacific deep-sea mining of critical minerals worth USD 30 trillion. Australia faces pressure to shape international governance before operations start in 2027.
Shein Sets Hong Kong IPO Price at HK$48.56, Valuing Fast-Fashion Giant at $26.5 Billion
Shein will price its Hong Kong IPO at HK$48.56 per share, people familiar with the matter said Thursday. The price sits near the midpoint of its HK$47.60 to HK$49.50 marketed range. The deal values Shein at roughly $26.5 billion, confirming weeks of investor pushback on valuation. Final Pricing Details Shein’s pricing will raise approximately HK$13.6…
Nvidia Beats Q2 Targets With $96.2B Revenue, Stock Falls 1.6% on August 27
Nvidia beat Q2 earnings with $96.2B revenue and $2.22 adjusted EPS, but stock fell 1.6%. Q3 guidance of $108B signals strong AI chip demand ahead.
IPO Subscription Today: Hy Tech Engineers Booked 114x, Skyways 14.4x and Symbiotec 13.86x
IPO subscription today has put Hy Tech Engineers in focus, with the issue reportedly booked 114 times on August 27, 2026. Skyways Air and Symbiotec Pharmalab also saw strong investor demand, with subscriptions of 14.4 times and 13.86 times, respectively. The wide gap between the three issues shows where investors are placing the strongest bets….
Meta (META) $18 Billion Settlement Escalates Global Fight Over Social Media Harm to Teens
Meta agreed on August 26, 2026, to pay up to $18 billion to settle claims that Facebook and Instagram were designed in ways that harmed young users. The deal also brings strict new limits for teenagers, including daily usage caps and overnight restrictions. But the settlement reaches beyond Meta. It could increase pressure on TikTok,…