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Bathla Group Collapses Into Administration, Leaving 3,500 Homes in Limbo on August 25
Bathla Group, a major Sydney developer, has entered voluntary administration with 3,500 homes under construction left in limbo. Teneo appointed as administrator. Buyers and contractors face uncertainty.
Bathla Group Collapses Into Administration, Leaving 3,500 Homes in Limbo
Sydney developer Bathla Group collapses into voluntary administration on August 25, leaving hundreds of buyers in limbo with 3,500 homes under construction halted. Rising costs and May budget changes blamed.
Enflame Plans $892 Million Shanghai IPO, Offering 43 Million Shares as China’s AI Chip Race Heats Up
China’s AI chip race is entering another busy phase as Enflame Technology targets a 6 billion yuan ($892 million) Shanghai IPO. The Tencent-backed chipmaker plans to issue 43.04 million new shares, with subscriptions set to open on September 2, 2026. Price consultations will start on August 28. The offering comes as Chinese AI chipmakers draw…
UK Shares Missile Blueprints With Ukraine; Russia Threatens Escalation
UK PM Burnham declassifies Storm Shadow missile blueprints for Ukraine on independence day. Russia threatens escalation, accusing Britain of fueling the conflict.
Tamil Nadu CM Vijay Drops Parandur Airport, Announces ₹4,000 Crore LPG Scheme on August 24
CM Vijay scraps Parandur airport, launches ₹4,000 crore free LPG cylinder scheme for 1.34 crore families starting Pongal 2027, and expands free bus travel for women and transgender persons from October 2.
TVS Supply Chain Solutions Rallies 9% to ₹131 on Strategic MoU and Equity Stake by Japan’s Sankyu
TVS Supply Chain Solutions witnessed strong buying momentum on August 24, 2026. Shares surged nearly 9% to trade around ₹131. Investors reacted positively to the strategic Memorandum of Understanding signed with Japan-based Sankyu Inc. Under this alliance, Sankyu plans to acquire a 0.5% equity stake in TVS Supply Chain Solutions. The deal combines global engineering…
Trump White House Legislative Director James Braid Exits in September
White House legislative affairs director James Braid is leaving his post in September. He led Trump’s legislative agenda through Congress, including major bills and Cabinet confirmations.
Fifth Third Backs Payload’s $500M Monthly Payments Platform on August 23
Fifth Third Bank invests in Payload, an embedded payments platform processing $500M monthly. The deal marks Payload’s first outside capital since 2019 and expands payment options across industries.
Take-Two Subpoenas Microsoft, Discord Over GTA 6 Leaks; TTWO Slides 0.2%
Take-Two subpoenas Microsoft and Discord to identify GTA 6 leakers. Nine gameplay videos released by CyberLeek group; game launches November 19. TTWO stock down 0.2%.