Escorts to set up new manufacturing plant in Uttar Pradesh’s YEIDA industrial region with investment of over INR 2,000 crore The 154-acre complex will manufacture tractors, agricultural equipment, construction gear and engines for domestic and global markets.
Seven funding rounds closed on 19 August 2026, spanning data centres, paediatric healthtech, deep tech, speciality coffee, enterprise AI and construction procurement. Piper Serica, Inflexor Ventures and DG Daiwa Ventures were among the day's lead investors. The headline raise is CtrlS's INR 250 crore round, which
Gujarat has permitted 12-hour work shifts at Micron’s semiconductor plant in Sanand, but statutory limit of 48 hours work per week will continue to apply. The measure comes with a view to assist semiconductor manufacturing and attract strategic investments to Gujarat.
KKR signs definitive deal to buy minority share in BookMyShow, supporting Indian entertainment platform’s next stage of expansion. The investment would assist BookMyShow in expanding its live entertainment business and enhancing its full-stack solutions across India.
Funding marks Japanese VC firm DGDV’s maiden investment in India’s specialty coffee market First Coffee has expanded to 25 stores since its last funding back in 2024, and plans to expand beyond urban markets with the funding With this latest round, First Coffee has raised $2.5 million to date.
The Investment will support Digidukan’s technology, product expansion, and growth across Tier-2 and Tier-3 markets.
Swiggy shareholders have given their approval to the business’s plan to become an Indian owned and controlled company (IOCC), with foreign ownership capped at 49.5%. The resolution was passed with 99.99% backing at its AGM on 18 August, a major obstacle after an earlier proposal was rejected.
The company will use the capital to build a factory-manufactured platform for decentralised sewage and effluent treatment, combining proven process technologies with modular RCC infrastructure and lifecycle service
Gold and silver rates today in India, 19 August 2026. 24K gold trades at ₹154,400 per 10g and silver at ₹230,260 per kg, with silver sliding further as Comex weakens. Check city-wise rates and MCX data below.
Inox Clean Energy completes INR 6,000-crore acquisition of Vena Energy India, a renewable energy platform supported by GIP and BlackRock. Inox Clean’s portfolio will include 2.7 GW of solar and wind projects and 1.3 GWh of battery energy storage capacity with the deal.
OpenAI is pausing some training of frontier AI amid growing cybersecurity and safety worries over more strong models. The corporation has put certain reinforcement learning for its next Astra model on hold, while tightening standards for alignment, security and monitoring.
The company has added better safety controls for its chat experience for teens, automatically applying safety limits to users aged 13-17 or accounts that are detected as a minor. The “ChatGPT for Teens” approach controls content around self-harm, violence, eating disorders, and explicit sexuality.
Four funding rounds closed on 18 August 2026, spanning geospatial tech, child healthtech, AI lending and travel. Neev II Fund, Aavishkaar Capital, Colossa Ventures and Norwest were among the day's lead investors. The headline raise is NeoGeo's $20 million Series A round. Away from funding, Uber
Atravelq, a Chandigarh-based travel company focused on personalised international travel, has secured a fresh funding round at an equity valuation of ₹10 crore, backed by its seed investors and founding stakeholders. The capital will support the company's next phase of growth through investments in technology and enhanced customer
India’s MoRTH has proposed to extend the operational life of electric, hydrogen and CNG vehicles by five years by revisions to the Central Motor Vehicles Rules, 1989. The move might help save ownership costs, boost car residuals and encourage cleaner mobility.
Google intends to move production of its Pixel smartphone, smartwatch and wireless earbuds away from China to Vietnam and India by 2027. The move is part of Google’s drive to diversify its supply chain and lessen reliance on Chinese manufacturing amid US-China trade concerns.
AI-native LendTech Platform Rezolv raises $12.5 million in a Series A round led by Norwest, with participation from Vertex Ventures Southeast Asia and India and 3one4 Capital.
Lissun raises INR 48 Crore in Series A led by Colossa Ventures along with participation from Physis Capital and RPSG Capital Ventures, to scale child development ecosystem.
Razorpay has built an AI-powered payment foundation model trained on 4 billion transactions to increase payment success, fraud detection and checkout customisation. It examines more than 3,000 transaction signals and achieved payment success rates up to 8-10% higher during early testing.
Gold and silver rates today in India, 18 August 2026. 24K gold trades at ₹155,410 per 10g and silver at ₹235,970 per kg, both falling as Comex slips on profit booking. Check city-wise rates and MCX data below.
Colgate-Palmolive India has handed over Palmolive’s D2C and e-commerce business to Bombay Shaving Company in a bid to speed up the digital expansion of the personal care brand. The agreement leverages Colgate's strengths in product, supply chain and marketing, with BSC's digital-first know-how.
ByteDance has struck an AI copyright agreement with the MPA in Hollywood to boost intellectual property safeguards for its Seedance video and Seedream image-generation models. The agreement comes after a cease-and-desist letter in Feb & complaints from Disney and other studios.
India's quick commerce business is also growing fast, with consumer demand reaching about 9.5 million daily orders, says Datum Intelligence. Blinkit has 36.7%, Zepto 26.2% and Swiggy Instamart 14.4%. Order volumes are growing for Amazon Now, BigBasket and Flipkart Minutes.