BUSINESS

Brightcom Group stock hits lower circuit after ‘strong’ Q1 results
IANS -
Brightcom Group shares were trading at Rs 24.14, down 5 per cent on the BSE.
Rural education can change entire poor areas of China: Jack Ma
IANS -
An at event by the Jack Ma Foundation in the city of Hangzhou on Sunday, Ma said he can see that rural education and rural teachers are a huge force that can truly change the entire poor areas of China, reports the South China Morning Post.
Madhav Sheth brings Honor brand to India with 100% local licensing, Rs 1,000 cr investment
IANS -
In an interaction with IANS, Sheth who has been a veteran in the Indian smartphone industry, said that with his new venture HonorTech that will bring the Honor brand ecosystem to India, he aims to capture 4-5 per cent market share in the country by end of next year.
Jio Financial hits lower circuit on listing day
IANS -
The stock is admitted to dealings in the 'T' group securities on BSE, which means intra-day trading in the stock is not allowed. The scrip will be in the Trade-for-Trade segment for 10 trading days.  
FPI selling in cash market so far in Aug likely to continue
IANS -
The major headwinds for the markets now come from the rising dollar and bond yields.
Unusual weather in Himachal led to rise in tomato prices, situation under control now: Consumer Affairs Secy
IANS -
IANS: Amid rising prices of tomatoes, government had to intervene by selling them at cheaper prices through its own outlets. How much has been the subsidy burden? Singh: Subsidy burden has not been much, as the idea was to push prices down. A signal had to be given to the market that unnecessary hike cannot be permitted.
BOB puts actor Sunny Deol’s property on auction for loan dues of Rs 56 cr
IANS -
In the newspaper advertisement – that has been widely circulated in the social media- BOB has said borrower Ajay Sing Deol, alias Sunny Deol, owes the bank about Rs 55.99 plus interest and cost from 26.12.2022 onwards less recovery upto date. Whether the bank misspelt the actor’s name as Ajay Sing Deol instead of Ajay Singh Deol is yet to be ascertained.
Murugappa group family members settle their dispute
IANS -
In a joint statement issued here, the Murugappas said its members have agreed to settle the disputes and differences between the family branch of late M.V. Murugappan (including Valli Arunachalam and Vellachi Murugappan), on one side, and the rest of the family members.
Govt raises onion buffer from 3 LMT to 5 LMT, to be sold at Rs 25 per kg from tomorrow
IANS -
Apart from releasing in major markets, onions from the buffer are also being made available to retail consumers at a subsidised rate of Rs 25 per kg through retail outlets and mobile vans of NCCF from Monday (August 21). Retail sale of onion will be suitably enhanced in coming days by involving other agencies and e-commerce platforms.
Urge India to reconsider PC import restrictions: Top industry groups ask US govt
IANS -
In the letter, the biggest players in technology and manufacturing said the move "could significantly disrupt trade, hamper efforts to more closely integrate India into global supply chains, and harm businesses and consumers in both countries".
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