Government Introduces ECLGS 5.0 Support for Airlines India’s aviation sector is set to receive significant financial backing under the newly introduced Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, as airlines continue to face operational and financial stress linked to the ongoing West Asia conflict. According to reports, leading…
Invesco Mutual Fund Restarts Investments in Overseas Schemes Invesco Asset Management (India) Pvt. Ltd. has reopened subscriptions in select overseas fund of fund schemes, allowing investors to resume participation in international market-linked investment products from May 8, 2026. The move comes after a temporary suspension implemented earlier due…
Laurus Labs Announces Record Date for FY26 Interim Dividend Laurus Labs Limited has announced May 8, 2026, as the official record date for determining shareholder eligibility for its second interim dividend for the financial year 2025-26. Investors holding shares of the company as of the record date will…
The Reserve Bank of India has imposed monetary penalties on two banking institutions for failing to comply with regulatory norms related to deposits, KYC procedures, and account management practices. The action reflects the central bank’s continued emphasis on strengthening governance standards and ensuring that banks follow prescribed operational…
AirAsia Group Plans Fresh Airline Expansion AirAsia X is preparing to introduce a new airline within the next couple of months as the group continues to expand its aviation network despite ongoing volatility in global fuel markets. The development was confirmed by AirAsia Co-founder Tony Fernandes during a…
May 8, 2026
Market View 08th May, 2026
View on market: Volatility persists, eagerly searching for growth: Global markets turned cautious as rising tensions in the Middle East increased worries about energy supply and global trade routes. Asian markets opened weak, with most major indices slipping after fresh clashes between the US and Iran. Oil prices…
NEMBharat Enters India’s Ride-Hailing Market A new player has entered the ride-booking industry in Delhi NCR with a business model focused on driver earnings and transparent pricing. NEMBharat, launched on May 1, 2026, has introduced a zero-commission cab service that allows drivers to retain the full amount earned…
Sula Vineyards Announces Q4 FY26 Financial Results Sula Vineyards has released its consolidated earnings results for the quarter and financial year ending March 31, 2026. The company reported an increase in quarterly total income during the March quarter, although profitability weakened compared with the previous year. The financial…
Wipro Announces Fresh Equity Share Allotment Wipro Limited has issued fresh equity shares under its employee stock-based compensation programmes following the exercise of stock options and restricted stock units by eligible employees. According to a regulatory filing submitted to the stock exchanges, the allotment was completed on May…
Muthoot Microfin Reports Strong Recovery in Q4 FY26 Muthoot Microfin recorded a significant improvement in its quarterly financial performance for the period ended March 31, 2026. The microfinance institution reported a consolidated net profit of ₹71.1 crore during the fourth quarter of FY26, compared with a substantial loss…
