Business – Page 51 – THE ECONOMIC INDIA

19 Aug

Altcoin Season Check: Chainlink Up 13.7%, Cardano Down 10%, and $BULLSKI on Stage Two

Shruti JoshiBusiness, Business News, Press Release

Key Takeaways Chainlink rose 13.7% and Monero 5.0% across seven days, the two clear winners among the majors. Cardano fell 10.0%, Uniswap 18.5% and Pepe 11.5% over the same week, so strength stayed narrow. Bitcoin held 56.14% of value and Ethereum 10.08%, leaving close to a third of $2.252 trillion elsewhere. Stage 1 of the $BULLSKI sale sold out at $0.00001, and stage 2 asks $0.000015 as of August 18, 2026. Altcoin season questions get louder whenever one coin runs and another sinks in the same seven days. Chainlink added 13.7% across the week while Cardano lost 10.0% and Uniswap…

19 Aug

Indiabulls Says Rs. 8,268 Crore Loans Fully Repaid; EOW Report Finds No Financial Loss in Key Borrower Groups

Shruti JoshiBusiness

New Delhi [India], August 19: Indiabulls Limited has disclosed an update on proceedings related to a Public Interest Litigation concerning its erstwhile promoter, highlighting that all 197 loan accounts involving five borrower groups have been fully repaid and closed, with collections exceeding the sanctioned amounts. The company made the disclosure on August 19, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. According to the Economic Offences Wing (EOW), Delhi, Status Report dated August 11, 2026, the total sanctioned amount across the five borrower groups stood at ₹8,267.86 crore, while gross collections reached ₹11,073.77 crore.…

19 Aug

PC Jeweller Clears Debt of One More Bank, Now 8 of 14 Lenders Fully Repaid — Debt-Free Target Still On Track for This Quarter

BusinessBusiness

New Delhi [India], August 19: PC Jeweller Limited (BSE: 534809, NSE: PCJEWELLER) has taken another step toward its long-stated goal of becoming a debt-free company, informing stock exchanges today that it has cleared and repaid the entire outstanding debt owed to one more bank under its Settlement Agreement dated September 30, 2024. With this latest repayment, the jewellery retailer has now fully settled dues with *8 of its 14 consortium banks, and notably, every one of these repayments has come in *ahead of the scheduled due dates — a detail the company has been keen to highlight as it works…

19 Aug

Ajay’s Café Celebrates Women Entrepreneurs Building a Path from Independence to Financial Independence

BusinessBusiness

Navsari (Gujarat) [India], August 18: During the 80th Independence Day, Ajay’s Café, one of India’s leading Quick Service Restaurant (QSR) brands and fastest-growing vegetarian café chains, recognised women entrepreneurs running businesses through its franchise network at its Ajay’s Udaan event held. The initiative highlights how entrepreneurship can create a pathway from independence to financial independence by enabling more women to own businesses. Around 40 women are currently running Ajay’s Café outlets as franchise partners across different cities. For many of them, their association with Ajay’s marks their first experience of owning a business. Through its franchise model, Ajay’s Café provides…

19 Aug

Abhishek Rungta: Agentic AI Is the Question Every Indian CEO Should Have Already Answered by Now

Shruti JoshiBusinessagentic ai, Artificial Intelligence, Digital Transformation, Enterprise Technology, Indian CEOs

Abhishek Rungta, Founder & CEO of INT. (Indus Net Technologies Ltd.) Kolkata (West Bengal) [India], August 19: Every major technology shift produces two kinds of enterprise leaders. The first kind watches, waits, and builds conviction from evidence before committing. The second kind mistakes observation for strategy and arrives at the decision too late to shape it. For most technology transitions over the last three decades, the first kind of leader was right. Cloud migration rewarded patience. Mobile commerce gave enterprises years to watch consumer behaviour before demanding a response. The observation window was real, and the enterprises that used it…

18 Aug

Bharatiya Vyapar Mahotsav 2026: Ajmera Fashion Brings Surat’s Textile Industry to the National Stage

BusinessBusiness

Surat (Gujarat) [India], August 17: The Bharatiya Vyapar Mahotsav 2026, held at Bharat Mandapam, New Delhi, from August 12 to 15, emerged as a historic opportunity for Surat’s textile industry, where Ajmera Fashion marked a strong presence. Under the leadership of the company’s Founder and CEO, Mr Ajay Ajmera, Ajmera Fashion brought together more than 60 traders from Surat on this national platform, where every trader got an opportunity to display their products, make new connections and take their businesses to the national and international levels. The Ajmera Fashion pavilion was the largest pavilion from the textile sector at the…

18 Aug

Aditya Kumar Halwasiya Acquires 6 Percent Stake In Baazar Style Retail Through Block Deal

BusinessBusiness

Kolkata (West Bengal) [India], August 18: Baazar Style Retail Limited (NSE – STYLEBAAZA, BSE – 544243), witnessed a significant change in its shareholder base, with Aditya Kumar Halwasiya acquiring ~45 lakh shares, representing around 6% stake, through a block deal valued at approximately ₹163 Cr. The transaction brings a sizeable individual holding into the shareholder base of the value-retail platform. The investment comes as Baazar Style Retail continues to expand its retail network across Eastern and other emerging Indian markets. The Company’s store network has grown to 277 stores across 10 states and 198 cities as of June 30, 2026,…

18 Aug

Campus Shoes Announces ‘The Kids’ Constitution’ This Independence Day, Reimagining Freedom Through the Right to Play

BusinessBusiness

Through a social-first film, 100+ creators and its Freedom Range, Campus Shoes invited parents to give children more room to run, jump, explore, get messy, and simply play. New Delhi [India], August 18: This Independence Day, Campus Shoes launched ‘The Kids’ Constitution’ under its children’s footwear line, Campus Kids, putting a child’s perspective on freedom at the centre of the conversation. Built around ‘The Freedom to Play,’ the initiative reimagines the language of the Constitution through the eyes of children – asking what they would declare as their fundamental freedoms if they could write the rules of childhood themselves. At…

18 Aug

SM Steels And Powver Limited Reinforces Its Commitment To Inclusive Growth Through Aparajita, Celebrating Women Who Inspire Change

BusinessBusiness

Kolkata (West Bengal) [India], August 18: Reinforcing its commitment to inclusive growth and social progress, SM Steels and Powver Limited, one of Eastern India’s leading industrial conglomerates with a strong presence in steel, power and infrastructure, has partnered with the 15th edition of Aparajita, a distinguished platform dedicated to recognising women who have broken barriers, challenged conventions and created a lasting impact across diverse fields. The grand felicitation ceremony held on August 14, 2026, at JW Marriott Kolkata, brought together distinguished leaders from industry, public life, social development and culture to honour women whose journeys continue to inspire meaningful change.…

18 Aug

VT Markets Reports Record-High Trading Volume of $8 Trillion

BusinessBusiness

New Delhi [India], August 18: The first half of 2026 was defined by volatility: currency swings, shifting rate expectations, and geopolitical uncertainty that reshaped how traders positioned across markets. Against that backdrop, VT Markets reported $8 trillion in trading volume for the first half of 2026, up 212% year-over-year. The momentum is reflected across various key business metrics. Active users grew 70% compared to the second half of 2025 and out of the traders active during the period, 350,000 opened their first trade with VT Markets. Together, the growth reflects a growing adoption of the platform as the go-to choice…