The Supreme Court has questioned the Center and FSSAI on their reluctance on front-of-pack warning labels on goods high on sugar, salt and saturated fat. A bench said that public health, particularly children’s health, had to take precedence above industry concerns.
IAN Angel Fund, the evergreen fund of IAN Group, has led a ₹4 crore funding round in Invisel, India's first nanotechnology-based home surface protection brand, along with BeyondSeed, with participation from FAAD Capital. The investment marks the company's first external funding after building a profitable business
Anicut Capital, an alternative asset management company managing multiple AIFs across both debt and equity strategies, has led a follow-on funding round of INR 55 crore in Unico Housing Finance, alongside existing investor UC Impower. The fresh capital will support Unico’s next phase of growth by strengthening its balance
Finvolve, a multi-stage venture capital fund along with India Accelerator (IA), has made an undisclosed investment in KshatraLabs, an Indian DefenceTech startup building autonomous aerial interceptor systems to address the growing threat posed by hostile drones and drone swarms. The investment will support KshatraLabs in advancing product development, strengthening its
The Center has asked Uber, Rapido and other ride-hailing platforms to eliminate the advance tipping choices and said tips should be voluntary and only after a journey. The Road Transport Ministry said pre-ride tip prompts may breach consumer protection standards and aggregator policies.
President Donald Trump has been sued over Truth Social’s controversial Truth API service, which gives paying customers early access to posts that could move markets. The Intercept and the Freedom of the Press Foundation filed the complaint in federal court in Manhattan.
SEBI has issued a show cause notice to Paytm CEO Vijay Shekhar Sharma and CFO Madhur Deora on the timing of the company’s disclosure in 2023 on reducing small personal loans in the wake of RBI’s consumer lending curbs. Executives have 14 days to respond.
Bank of America would spend up to INR 18,268 crore ($1.9 billion) to buy a share of up to 49.9% in NBFC Jio Credit, a wholly owned subsidiary of Jio Financial Services. The investment would initially provide Bank of America with a 26.5% ownership.
Maharashtra FDA suspends licences of four Domino’s Pizza locations, three in Mumbai, for food safety, hygiene issues The affected places are Vile Parle West, Borivali West, R-City Mall Ghatkopar and Malkapur in Karad district.
KFin Technologies has introduced Klarity, an agentic AI tool that identifies signature forgeries while minimising incorrect rejections of legitimate ones. The approach employs biometric analysis of stroke pressure, curvature, angles, and handwriting patterns to identify complex fraud.
Four funding rounds closed on 12 August 2026, spanning electric mobility, children's tech, driving education and deep tech, with GEF Capital Partners and 12 Flags among the day's lead investors. The headline raise is Yulu's $93 million (~₹772 crore) Series C round to scale
Gold and silver rates today in India, 12 August 2026. 24K gold trades at ₹154,960 per 10g and silver at ₹240,040 per kg, both surging as Comex rallies sharply higher. Check city wise rates and MCX data below.
Ola Electric has bagged a two-year extension under the government’s Advanced Chemistry Cell (ACC) PLI scheme, unlocking up to ₹7,240 crore incentives thru 2031 for its 20 GWh battery cell allocation. The new timeframe provides for quarterly incentive payments as Ola scales up manufacturing capacity.
Oracle is gearing up for another wave of layoffs, cutting costs related to employes while boosting investments in AI and cloud infrastructure. The corporation is seeking managers to identify staff affected by the latest round of job cuts due to be completed by September 1.
Anthropic is adding machine-readable watermarks to text and files written or processed by Claude to improve transparency of AI content. The invisible text watermark is robust to copying and some alteration and files may include signed provenance metadata based on the C2PA standard.
Nvidia partners with six of Wall Street’s biggest asset managers to release over $500 billion in financing for AI infrastructure. The program is designed to assist hyperscalers, AI laboratories and corporations fund Nvidia GPUs and data centers.
Larsen & Toubro (L&T) aims to manufacture rare earth magnets in India as the government looks to minimise dependence on China, the world’s largest producer. L&T is likely to seek a INR 72.8 billion incentive package and perhaps join hands with a technology specialist.
The Parliament has cleared the Taxation and Other Laws (Amendment) Bill, and Finance Minister Nirmala Sitharaman said the UPI transactions will continue to be free for consumers. The legislation does not levy any UPI transaction.
Five funding rounds closed on 11 August 2026, spanning deep tech, medtech, logistics and AI-for-BFSI, with Lightspeed India and Inflexor Ventures among the day's lead investors. The headline raise is Discovered Materials' $9 million (~₹75 crore) seed round for AI-driven semiconductor materials. Away from funding, managed workspace
Ayati Devices, a Bengaluru-based medical technology and device manufacturing company developing precision diagnostic solutions for diabetic foot complications and peripheral vascular disease, has raised INR 15 Crore in a Pre-Series A funding round led by Inflexor Ventures. This marks the company's first institutional investment and will accelerate the
Vecton AI has raised ₹6 crore in a pre-seed funding round led by Zeropearl VC. The investment will strengthen Vecton's transformation model, enabling financial institutions to accelerate enterprise AI adoption and unlock measurable business impact.
Gold and silver rates today in India, 11 August 2026. 24K gold trades at ₹153,590 per 10g and silver at ₹236,480 per kg, with silver easing on Comex weakness while gold holds firm. Check city-wise rates and MCX data below.
Three notable deals defined India's startup funding scene on 10 August 2026, spanning food-tech, deeptech venture capital, and enterprise AI. Bakingo's ₹100 crore Series B from Faering Capital headlines the day, coming alongside AUM Ventures' first close of its ₹750 crore deeptech Fund II at