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Mumbai, 20 August 2026: Aza Fashions has opened its 13th store in Santacruz, Mumbai, expanding its presence in one of the city’s most vibrant fashion neighbourhoods. The new destination brings together an expansive edit of India’s leading designers, emerging talent and contemporary luxury, alongside an expansive Araiya by Aza shop-in-shop featuring exquisite lab-grown diamond jewellery. Designed as a destination for fashion discovery, the Santacruz store brings Aza’s distinctive multi-designer curation to a new generation of Mumbai’s luxury consumer, offering everything from couture and occasion wear to contemporary ready-to-wear and fine jewellery. The store was inaugurated in the presence of actor Dia Mirza, who joined Aza as the chief guest for the occasion. The evening commenced with a traditional diya-lighting ceremony led by Dr. Alka Nishar, Founder & Chairperson, Aza Fashions; Devangi Nishar Parekh, Managing Director, Aza Fashions and Founder, Araiya by Aza; and Dia Mirza, m...

Mumbai, August 19, 2026: Tempsens Instruments (India) Limited, which is a thermal engineering and specialised cable manufacturer, has garnered Rs 194.54 crore from anchor investors ahead of its initial public offering, which opens for public subscription on Thursday, August 20, 2026. The company informed the bourses that it allocated 64,84,999 equity shares at Rs 300 per share to anchor investors. Some of the marquee institutions that participated in the anchor include Aranda Investments Pte. Ltd., SBI Mutual Fund (Resurgent India Opportunities Scheme), HDFC Mutual Fund, Nippon Life India Trustee (Nippon India Small Cap Fund), Kotak Mahindra Trustee, Goldman Sachs Funds (India Equity Portfolio), Ashoka WhiteOak ICAV, Aditya Birla Sun Life Mutual Fund, Motilal Oswal, 360 ONE, ValueQuest India, Edelweiss, Axis Max Life Insurance, and Kotak Mahindra Life Insurance Company. Amongst equity-oriented schemes, the company has allocated shares to SBI Resurgent India Opportunities Scheme, HDFC B...

The fund has generated 18.92% CAGR since inception   HSBC Midcap Fund, which was launched in August 2004, has completed 22 years. The scheme has generated 18.92% CAGR since inception (August 9, 2004). If someone invested a lumpsum of Rs. 1,00,000 in the scheme when it was launched, the investment would have been worth Rs. 45,15,130 as on July 31, 2026. The investment objective of the scheme is to provide long term capital appreciation by predominantly investing in mid-cap stocks. The scheme follows a disciplined, bottom-up approach focused on identifying quality businesses with sustainable earnings and long-term growth potential. Over the past 1 year, the scheme has delivered 17.83% returns. Over the past 3 years, 5 years and 10 years, the scheme has delivered 23.17%, 17.71% and 16.44% CAGR returns, respectively, as on July 31, 2026. If a monthly SIP would have been made in the scheme of Rs. 10,000 since inception (Rs. 26.40 Lakhs invested), it would be worth Rs. 2,43,53,173 Crores...

The pro-bono arrangement covering part of the ocean freight costs from India to East Africa will support WFP humanitarian response operations in Burundi, the Democratic Republic of Congo, and Rwanda, where millions face acute food insecurity   Mumba, India- 19 August 2026: DP World and the United Nations World Food Programme (WFP) have delivered 5,000 metric tonnes of rice to support humanitarian response operations in Burundi, the Democratic Republic of Congo, and Rwanda, helping vulnerable communities facing acute food insecurity. The shipments demonstrate how the two organisations are working together to strengthen humanitarian supply chains and improve access to essential food supplies in high-need communities. The consignments were delivered through DP World’s Shipping Solutions business (formerly Unifeeder), transporting essential food supplies from DP World’s Mundra Terminal, India, to its Port of Dar es Salaam, Tanzania. The cargo will support WFP’s ongoing emergency food ...

ReFiber, powered by OterRi, brings together Tisser Artisan Trust, CMAI, UNIDO and Lions International for an Independence Day textile circularity initiative Mumbai, August 17, 2026: As India marks 80 years of Independence, ReFiber, powered by OterRi, launched its nationwide ‘Freedom from Unused Garments’ post-consumer textile collection drive at an online stakeholder meet, with Ms. Vrunda Desai, Textile Commissioner, Ministry of Textiles, Government of India, as the Chief Guest. The initiative calls for greater awareness around conscious consumption, textile waste and circularity. The initiative brings together ReFiber, powered by OterRi, Tisser Artisan Trust, CMAI, UNIDO and Lions International to create accessible pathways for the collection, recovery, reuse and upcycling of unused garments. Ms. Vrunda Desai, Textile Commissioner, Ministry of Textiles, Government of India, highlighted a different dimension of freedom, saying, “Freedom from wasteful consumption, resource inefficiency ...

New Delhi-based India Exposition Mart Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). The IPO, with a face value of Rs 5 per equity share, comprises a fresh issue of up to 7,500,000 equity shares and an offer-for-sale (OFS) of up to 23,000,000 equity shares. Individual selling shareholder includes Rakesh Kumar Sharma, Ravinder Kumar Passi and Meenakshi Passi, Vivek Vikas and Asha Ahlawat, Dinesh Kumar Aggarwal, Navratan Samdaria, Asha Goel, Esh Sharma, and Raj Kumar Malhotra. Corporate selling shareholder includes Vectra Investments Private Limited, and MIL Vehicles & Technologies Private Limited.  The proceeds from its fresh issuance worth Rs 63.8 crore will be utilized for funding capital expenditure requirements of the company for upgradation of air handling units, chillers, cooling towers, lifts and escalators, variable frequency drives and other ancillary works at India ...