BILKUL BAZAAR— The Daily News Wrap
- Bilkul Bazaar
- 9:00 PM | 25 Aug – 26 Aug 2026
National Business News Highlights
1. Air India Seeks $1.5 Billion Fresh Equity from Tata Sons and Singapore Airlines
Air India has approached its owners, Tata Sons and Singapore Airlines, for about $1.5 billion (around ₹14,000 crore) in fresh equity after reporting a record annual loss. The funding would support the airline’s ongoing fleet refurbishment and transformation programme.
2. Adani Energy Solutions Wins ₹4,700-Crore Maharashtra Transmission Project
Adani Energy Solutions has won a project to evacuate up to 4,500 MW of renewable and storage power from Karnataka to major load centres in Maharashtra. The project is expected to add 562 circuit km of transmission lines and 9,000 MVA of transformation capacity.
3. India’s IT Sector Revenue Growth Seen Stable at 6% in FY27
A new industry report expects India’s IT sector revenue growth to remain around 6% in FY27, supported by technology exports, AI adoption and policy support.
4. Japan’s ₹10-Trillion India Investment Push ‘Kickstarted Extremely Well’
Commerce Minister Piyush Goyal said Japan’s commitment to invest ¥10 trillion in India is progressing strongly, with several large investments already taking shape. India is seeking greater Japanese participation in semiconductors, clean energy, automobiles, steel, advanced manufacturing and technology.
5. India Targets 3,000 Japanese Companies Operating in the Country
The government wants to double the number of Japanese companies operating and manufacturing in India from about 1,500 to 3,000, according to Piyush Goyal. The push covers manufacturing, financial services, insurance and other sectors.
6. India-Japan Deep-Tech Cooperation Gets Major Push
India and Japan are exploring deeper cooperation in startups, deep technology, innovation and MSMEs. Goyal highlighted India’s nearly 250,000 recognised startups and proposed stronger investment and technology links between the two ecosystems.
7. AI Startup Runable Raises $21 Million
Bengaluru-based AI startup Runable has raised $21 million in Series A funding, co-led by Susquehanna Venture Capital and Nexus Venture Partners. The company is developing AI agents designed not only to build businesses but also to help operate and grow them.
8. boAt FY26 Profit Jumps 38% to ₹84.5 Crore
Consumer electronics brand boAt reported a 38% rise in FY26 profit to ₹84.5 crore, while revenue reached ₹2,931 crore. Its wearables business turned profitable during the year, after posting a loss in FY25.
9. Gaja Alternative Asset Management Makes Strong Market Debut
Gaja Alternative Asset Management made its stock-market debut at around a 16% premium to its ₹160 IPO price. The shares opened at ₹185.20 on the BSE, giving investors a strong first-day start.
10. Skyways Air Services IPO Crosses 5-Times Subscription
The IPO of Delhi-based air-freight forwarder Skyways Air Services was subscribed 5.08 times by 5 PM on August 26, with the ₹582.8-crore issue attracting stronger investor interest on its third and final day.
International Business News Highlights
1. Nvidia Earnings Become the Big Test for the Global AI Boom
Global investors are watching Nvidia’s quarterly results closely as the company’s performance could determine whether the massive AI investment cycle can continue at its current pace. Options markets were pricing in a potential $280-billion swing in Nvidia’s market value following the results.
2. Huawei and HP Sign Multi-Year Wi-Fi Patent Agreement
China’s Huawei and US computer maker HP have reached a multi-year cross-licensing agreement covering Wi-Fi-related patents, providing a notable example of commercial cooperation amid continuing US-China technology tensions.
3. Boston Scientific Hit by Cyberattack
Medical-device giant Boston Scientific said a cybersecurity incident disrupted some of its global operations and information systems. The company is assessing the impact while working to restore affected systems.
4. Canadian Banks Beat Profit Estimates Despite Tariff Concerns
Canada’s BMO and Scotiabank reported quarterly adjusted profits above analysts’ expectations, helped by stronger capital-markets performance, even as businesses continue to contend with uncertainty surrounding trade tariffs.
5. German Business Confidence Improves More Than Expected
Germany’s Ifo business climate index rose to 88.8 in August from 86.7 in July, exceeding economists’ expectations and adding to signs that Europe’s largest economy may be moving towards a gradual recovery.
💬 QUOTE OF THE DAY
“Price is what you pay. Value is what you get.”
— Warren Buffett
BILKUL BAZAAR BUSINESS TAKEAWAY
From Air India’s massive funding requirement and Adani’s new transmission order to India’s expanding Japan connection, a strong startup funding round and the global spotlight on Nvidia—the business day was marked by capital, infrastructure, technology and changing global trade dynamics.
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