BILKUL BAZAAR— The Daily News Wrap
- Bilkul Bazaar
- 9:00 PM | 04 Sept – 05 Sept 2026
National Business News Highlights
Bottom of Form
1. 📈 SEBI clears NSE’s ₹30,000 crore IPO
SEBI has approved the IPO papers of the National Stock Exchange (NSE). At around ₹30,000 crore, it is expected to become India’s biggest IPO, surpassing Hyundai Motor India’s record.
2. 💻 TCS announces massive AI data-centre investment
TCS’s HyperVault plans to build a 1 GW AI data-centre campus in Hyderabad, with investment potentially reaching ₹70,000 crore at full scale. The project highlights India’s rapidly growing AI infrastructure demand.
3. 🛡️ InsuranceDekho and RenewBuy announce merger
InsuranceDekho and RenewBuy are merging to create a larger insurance distribution platform. The combined entity plans to expand its reach and is also eyeing a future IPO.
4. 🏦 Company registrations rise 3% in Q1 FY27
India recorded 62,986 new company registrations in Q1 FY27, about 3% higher year-on-year. The increase comes despite some seasonal moderation in new business formation.
5. 📱 Flipkart Minutes gains ground in quick commerce
Flipkart’s quick-commerce platform Minutes is reportedly gaining ground against Blinkit, particularly in average order value. The development reflects intensifying competition in India’s rapid-delivery market.
6. 🛒 Quick-commerce companies rethink their business models
Swiggy Instamart is moving toward a more inventory-led model, signalling a broader shift in how India’s quick-commerce companies are managing products, supply chains and profitability.
7. 📊 Indian markets recover after four-day fall
The Sensex gained 362.57 points and the Nifty rose 24.25 points on September 4, ending a four-session losing streak. Easing concerns over US interest rates and stronger global equities supported sentiment.
8. 📋 Four IPOs to open on September 9
Rentomojo, Manipal Payment, Karamtara Engineering and LCC Projects are scheduled to open their IPOs on September 9, adding to an increasingly active Indian primary market.
9. 🏭 HUL plans higher capital expenditure
Hindustan Unilever plans to increase capital expenditure to around 3% of topline, compared with about 2% earlier, while focusing on premium products and volume growth.
10. 🤖 Indian companies increasingly acquire AI capabilities
Crisil says Indian companies are increasingly using mergers and acquisitions to acquire AI technology and talent, turning M&A into a strategic tool rather than merely a way to expand scale.
🌍 International Business News Highlights
1. 🍎 John Ternus becomes Apple CEO
Apple has appointed John Ternus as its new CEO, succeeding Tim Cook. Ternus, a 25-year Apple veteran, takes charge as the company faces intense competition in AI and consumer technology.
2. 🏭 Volkswagen announces huge restructuring
Volkswagen has approved a restructuring plan that could eliminate 100,000 jobs by 2030 and significantly reduce its vehicle lineup. The company is responding to Chinese competition, tariffs and pressure to improve competitiveness.
3. 🎨 Adobe names Anil Chakravarthy as new CEO
Adobe has appointed Anil Chakravarthy to succeed Shantanu Narayen as CEO from December 1. Narayen will become executive chairman after leading Adobe for 18 years.
4. 🤖 Nvidia reportedly moves deeper into AI development
Nvidia is reportedly acquiring AI startup Hugging Face for about $13 billion, strengthening its position beyond AI chips and deeper into AI models and developer ecosystems.
5. 🇺🇸 US jobs growth beats expectations
The US added 162,000 jobs in August, stronger than economists had expected. The robust labour market has complicated expectations about the Federal Reserve’s interest-rate path because stronger employment can add inflationary pressure.
💬 Quote of the Day
“India is now in the production phase of AI.”
Note: You can support us by sponsoring this column. Write at editorbilkul@gmail.com Thank You