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Puravankara Shares Gain 5% After Bagging ₹175 Crore Chennai Project; Stock Down 9% in 2026
Puravankara shares jumped nearly 5% to ₹227.34 on Friday, August 21, 2026, against a previous close of ₹216.50. The rally followed news that the subsidiary Starworth Infrastructure secured a ₹175 crore order in Chennai. Despite this gain, Puravankara shares remain down 9% year-to-date and 23% year-on-year. Details of Puravankara’s New Chennai Order Ritz-Carlton Project Drives…
Alibaba Falls 8% After Pricing 710 Million New Shares at 8.4% Discount
Alibaba shares fell about 8% in early Hong Kong trading on August 24, 2026, after the company priced 710 million new shares at HK112.70each.ThedealwillraiseHK80 billion ($10.21 billion) to support its artificial intelligence plans. The 8.4% discount has raised concerns about shareholder dilution and the cost of Alibaba’s expanding AI spending. Investors are now weighing the…
Coles Shares Fall 3.1% After Alcohol Pricing Glitch Crashes Website
Coles website crashes after viral Reddit post reveals 80% alcohol discount. Shares fall 3.1% to A$22.76. FY26 earnings due August 25. Meyka rates COL.AX a B-.
Bitcoin Cash Surges 23% to $274.84 as Japan Licensing Fuels Institutional Demand
Bitcoin Cash jumped 23.3% to $274.84 on August 23, 2026, after Japan approved its first new crypto trading license in four years, enabling regulated access for professional investors.
Social Security Benefits Face 22% Cut by 2032 Without Congressional Action
Social Security trust fund projected to deplete by 2032, triggering a 22% automatic benefit cut unless Congress passes reform. Three main proposals being debated.
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.
Taylor Sheridan Sued by Writer Over Yellowstone Copyright Claim, August 24
Writer Lauren J. Salkin sues Taylor Sheridan, claiming he stole Yellowstone from her 2016 Sovereign Nation pitch. Lawsuit seeks injunction and damages including profits from the hit series.
Manchester Airport Security Breach Diverts 7 Flights, TUI Emergency Landing August 23
Seven flights diverted from Manchester Airport after a security breach on August 21. TUI Airways Boeing 737 MAX 8 declared emergency due to low fuel while held in holding pattern. Airport reopened after 15 minutes.
HMRC to Send Inspectors Into UK Homes for Mansion Tax Valuations From 2028
HMRC will send valuation inspectors to UK homes worth over £2m to assess mansion tax liability from 2028. Homeowners who refuse entry face fines up to £200 and criminal charges.