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Malaysia’s Ex-HR Minister Charged With RM1.1M Bribery Over Foreign Worker Quotas
Former Malaysian HR minister M Saravanan charged with RM1.097 million in bribes for approving 1,000 foreign worker quotas. He pleaded not guilty on August 28 and was granted RM450,000 bail.
Autodesk (ADSK) Stock Falls 4% Despite Q2 Earnings Beat as Fiscal 2027 Guidance Disappoints
Autodesk (ADSK) stock fell about 4% on August 28, 2026, even after the company beat Wall Street estimates in its fiscal second-quarter results. Autodesk posted $2.05 billion in revenue and $3.30 in adjusted EPS, both above expectations. Investors quickly turned their attention to the fiscal 2027 outlook. The strong Q2 numbers were not enough to…
Apollo Tyres Shares in Focus: Warburg Pincus Arm Offloads 4.25% Stake in ₹1,175 Crore Deal
Apollo Tyres shares stayed in focus Friday, August 28, 2026, after Warburg Pincus offloaded a 4.25% stake through block deals. NSE data confirmed the private equity major sold shares worth ₹1,174.93 crore on Thursday, August 27. The stock rose 1.7% to an intraday high of ₹450.80, up from Thursday’s close of ₹443.25. Institutional investors including…
Ather Energy Shares Surge Over 5% as Hero MotoCorp Increases Stake After ₹1,758 Crore Deal
Ather Energy shares surged more than 5% on August 28, 2026, after a ₹1,758 crore block deal drew fresh investor attention. The rally followed Hero MotoCorp’s decision to increase its stake in the electric scooter maker from 29.88% to about 32.8%. The move signals stronger confidence in Ather’s growth as competition in India’s electric two-wheeler…
Bikaji Foods (BIKAJI) Shares Jump 4% to ₹635.95 After Strategic Bakery Partnership With Thayekunni Khaleel
Bikaji Foods shares jumped as much as 4% to an intraday high of ₹635.95 on August 27, 2026, before settling up 2.28% at ₹624.65. The rally followed a strategic bakery partnership with Thayekunni Khaleel, founder of the Bakemart brand, through subsidiary Bikaji Bakes Private Limited. Bikaji transferred a 30% equity stake in BBPL to Khaleel…
Meta Agrees to $18 Billion Settlement Over Child Safety Claims on August 26
Meta agrees to pay $18 billion and restrict teen usage on Facebook and Instagram to two hours daily with midnight-6am blocks to settle child safety lawsuit from 47 states.
Sensex Drops Nearly 300 Points, Nifty 50 Slips Below 24,200 as HDFC Bank Shares Lead Decline
The Sensex fell nearly 300 points from its intraday high on August 27, 2026, while the Nifty 50 slipped below the 24,200 mark after touching 24,297. HDFC Bank shares led the decline, putting pressure on both benchmarks despite lower crude oil prices and gains in Asian technology stocks. With heavyweight stocks under selling pressure, investors…
Darline Graham Wins South Carolina GOP Senate Runoff on Trump Backing, August 26
Darline Graham wins South Carolina GOP Senate runoff with Trump endorsement and $827,000 in super PAC spending. Political newcomer will face Democrat Annie Andrews in November.
Canada hits US with C$27.6B tariff counterpunch on August 26
Canada imposes C$27.6B in retaliatory tariffs on US goods starting September 8, targeting paper, dairy, steel, and appliances in response to Trump’s 50% tariffs. Kimberly-Clark and Cascades face margin pressure.