
IDBI Bank shares down 16.5% after govt stake sale plan is reportedly scrapped
IDBI Bank's share price fell as much as 16.48% to an intraday low of ₹77.00 apiece on the BSE even as the benchmark S&P BSE Sensex remained largely flat.
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IDBI Bank's share price fell as much as 16.48% to an intraday low of ₹77.00 apiece on the BSE even as the benchmark S&P BSE Sensex remained largely flat.

Tata Consultancy Services has reduced quarterly variable pay for mid and senior-level employees to 60-70%, while junior employees continue to receive 100% payouts amid margin pressure and rising AI investments.

Trade tensions between the United States and Canada are escalating after talks collapsed, with new 50% US tariffs on about $20 billion of Canadian goods and retaliatory duties from Ottawa expected to put pressure on businesses and consumers.

The BCCI has asked all 10 IPL franchises for fresh feedback on the Impact Player rule, with responses due by August 31. The review could influence whether the rule continues unchanged in IPL 2027.

Donald Trump has threatened military action against Oman if it obstructs US efforts to reopen the Strait of Hormuz, as the 60-day US-Iran negotiation window ends without a peace deal.

Jail authorities have recovered smartphones, SIM cards, Wi-Fi routers, electronic devices and ₹31,000 in cash from the cell of Aftab Ansari, the convicted mastermind of the 2002 American Centre attack, at Kolkata’s Presidency Correctional Home.

Devdutt Padikkal’s back-to-back Test centuries have intensified the debate over India’s No. 3 position, with former captain K Srikkanth questioning Gautam Gambhir’s plans after the batter’s impressive run against Sri Lanka.

European gas prices have climbed to their highest level since early 2023 as renewed US-Iran fighting adds fresh pressure to LNG supplies and raises concerns over Europe’s energy security ahead of winter.

US President Donald Trump has signed an executive order seeking to rename Lake Ontario as “Lake America,” escalating tensions with Canada amid a worsening trade dispute and new US tariffs.

Apple has confirmed job cuts across teams working on Siri, Vision Pro and related software, with more than 200 positions reportedly affected. The changes come as Apple rebuilds Siri around a new AI architecture while shifting its focus toward future smart glasses.

The Trump administration has launched an “economic D-Day” campaign aimed at isolating Iran from the global economy, putting pressure on major trading partners including China, the UAE, Turkey, Iraq and India.

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