The Reserve Bank of India (RBI) has released its latest list of Upper Layer Non-Banking Financial Companies (NBFC-UL), bringing four state-owned financial institutions under enhanced regulatory oversight. The updated list, announced on August 6, 2026, expands the number of NBFC-UL entities to 17, up from 15 in the previous list issued for FY25.
टैग: Business News
RBL Bank Fixes August 14 as Record Date for Final FY26 Dividend; AGM Scheduled for September 2
RBL Bank has announced August 14, 2026, as the record date to determine shareholders eligible to receive its final dividend of ₹1 per equity share for the financial year ended March 31, 2026. The dividend, announced earlier with the bank’s fourth-quarter FY26 results, will be paid on or before October 1, 2026, subject to shareholders’ approval at the upcoming Annual General Meeting (AGM).
Uber Forecast Disappoints Investors Despite Solid Q2 Results as Shares Slip
SAN FRANCISCO, United States — Uber Technologies reported solid second-quarter 2026 financial results on Wednesday, but its weaker-than-expected outlook for the third quarter weighed on investor sentiment, sending the company’s shares down about 3.5% in early trading.
Shopify Shares Surge 26% After Strong Q2 Earnings Beat and Optimistic AI-Driven Outlook
OTTAWA, Canada — Shopify delivered one of its strongest quarterly performances in recent years, reporting second-quarter 2026 results that comfortably exceeded Wall Street expectations while issuing an upbeat revenue forecast for the third quarter. The stronger-than-expected earnings, fueled by rapid merchant growth and expanding adoption of artificial intelligence-powered commerce tools, sent the company’s U.S.-listed shares soaring around 26% in premarket trading.
S&P 500 Futures Steady After Record Rally as AI Earnings and Lower Oil Prices Boost Market Sentiment
US stock futures remained largely stable after a powerful rally pushed the S&P 500 index to a fresh record high, with investors continuing to assess strong corporate earnings, artificial intelligence-driven growth and improving geopolitical sentiment. The broad market index closed above the 7,700 level for the first time after a sharp advance across major Wall Street benchmarks.
India’s First Telecom Manufacturing Zone in Gwalior Secures ₹5,500 Crore Investment Commitments
India’s first dedicated Telecom Manufacturing Zone (TMZ) in Gwalior has received cumulative investment commitments worth ₹5,500 crore, marking a significant step in the country’s efforts to strengthen domestic telecom manufacturing. The latest round of proposals, valued at ₹2,000 crore, was announced during the second Investors’ Meet held in Mumbai on Tuesday and is expected to create nearly 4,000 new jobs.