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JPMorgan (NYSE: JPM) CEO Jamie Dimon Warns UK Against Bank Tax Hikes Ahead of October Budget
JPMorgan (NYSE: JPM) CEO Jamie Dimon has warned the UK against raising taxes on banks ahead of the government’s October 28, 2026 Budget. In a recent call with Chancellor John Healey, Dimon argued that higher bank taxes could push financial jobs and capital overseas. His warning comes as UK banks face growing pressure for higher…
Hindustan Copper (NSE: HINDCOPPER) Shares Surge 7.36% to ₹568 as Global Copper Prices Rebound
Hindustan Copper shares surged 7.36% to ₹568 on Monday, August 17, 2026, tracking a global copper rally. The stock climbed from Friday’s close of ₹528.85, touching an intraday high of ₹574.90. COMEX copper futures rose 1.72% to $6.72 per pound, while LME spot prices pushed toward record levels. Supply tightness across major exchanges is now…
Lalithaa Jewellery Mart IPO Opens at ₹190 to ₹201 Price Band; GMP at 15% as ₹1,700 Crore Issue Hits Market
Lalithaa Jewellery Mart IPO opened for subscription on August 17, 2026, with a ₹190 to ₹201 price band for its ₹1,700 crore issue. Investor interest is already picking up, with the latest grey market premium (GMP) at around ₹30. This points to a potential 15% listing gain at the upper price band. The IPO comes…
Dhoot Transmission (NSE: DHOT) Shares Jump 38% on India Debut, Valuation Hits $2.5 Billion
Dhoot Transmission shares made a strong stock market debut on August 17, 2026, rising nearly 38% above the IPO issue price. The auto components maker listed at ₹1,200 on the NSE, compared with its ₹871 issue price. The ₹3,067-crore IPO also drew heavy demand, with subscriptions reaching 74.21 times. The sharp debut lifted the company’s…
Alibaba (NYSE: BABA) to Sell Lingxi Games to Trustar Capital in Deal Worth Over $2 Billion
Alibaba Group Holding Limited agreed on August 17, 2026, to sell its gaming arm, Lingxi Games, to Trustar Capital. The deal values the gaming unit at above $2 billion. Alibaba shares rose 1.25% to trade near $84.50 following the announcement. This transaction aligns with the tech giant’s strategy to shed non-core assets and focus on…
Boeing 787 Tailstrike at Munich Raises Safety Questions for Dreamliner Fleet
Vietnam Airlines Boeing 787-9 suffered a tailstrike and runway overrun at Munich Airport on August 15. The aircraft dumped fuel and returned safely with 287 aboard. Investigation underway.
Vedanta Ltd Rises 0.71%: Promoter Pledges, Open-Market Buys and Asset Strategy in Focus
Vedanta Ltd shares rose 0.71% on August 17, 2026, as investors tracked fresh developments around promoter funding and the group’s asset strategy. Promoters are reportedly looking to raise ₹2,000-3,000 crore to increase stakes in select recently listed businesses through open-market purchases. The plan has also put Vedanta’s share pledges and financing arrangements under closer watch….
Gold Price Today: MCX Gold Rises 0.34% to ₹1,55,030, Silver Gains 0.5% as Brent Hits $88.67
The gold price on MCX rose 0.34% to ₹1,55,030 per 10 grams on Monday, August 17, 2026. Silver futures gained 0.5%, tracking a broader rally in global bullion markets. Brent crude touched $88.67 per barrel, adding fresh safe-haven demand for precious metals. MCX gold had earlier touched an intraday high of ₹1,56,155 before correcting lower….
SpaceX Stock Falls Below IPO Price as Valuation Concerns Mount
SpaceX stock trades below IPO price with a 41x price-to-sales ratio. Revenue hit $7.8B, up 92%, but capital spending soared to $18.7B. Meyka grades SPCX a B with a $38.82 yearly forecast.