Business
Grab Q2 2026 slides: profit surges 54% amid fuel crisis, guidance raised
Business
Why is Sumitomo Pharmaceutial stock falling today?

Why is Sumitomo Pharmaceutial stock falling today?
Business
Juniper Green Energy IPO allotment likely today; GMP signals 4% listing premium. Here’s how to check your status
Ahead of its stock market debut on August 6, the company’s shares are commanding a Grey Market Premium (GMP) of around Rs 10 per share. Based on the upper end of the IPO price band at Rs 225, the GMP indicates a potential listing gain of nearly 4%.
However, investors should note that the grey market is unofficial, and GMP is only a sentiment indicator. It can change significantly before the stock lists on the exchanges.
Strong institutional demand drives IPO subscription
The IPO, which remained open for subscription from July 30 to August 3, received healthy investor interest, largely driven by institutional buyers.Overall, the issue was subscribed 7.97 times. The Qualified Institutional Buyers (QIB) category saw an overwhelming subscription of 24.94 times, while the Non-Institutional Investors (NII) portion was subscribed 1.82 times. The Retail Individual Investors (RII) segment was subscribed 93%.
The Rs 1,800 crore IPO comprised an entirely fresh issue of 8 crore equity shares, with a price band of Rs 214-225 per share.
ICICI Securities is the book-running lead manager to the issue, while KFin Technologies is the registrar.
How to check Manipal Health Enterprises IPO allotment status
Investors can check their allotment status through any of the following platforms:
1. KFin Technologies (Registrar)
- Visit the KFin Technologies IPO allotment page (https://ipostatus.kfintech.com/)
- Select Juniper Green Energy from the drop-down menu.
- Enter your PAN, application number, or DP/Client ID.
- Click Submit to view your allotment status.
2. NSE
3. BSE
- Visit BSE IPO allotment link: https://www.bseindia.com/investors/appli_check
- Now tick Equity under issue type.
- Choose Juniper Green Energy from the dropdown menu.
- Enter your application number or PAN.
- Complete the captcha verification and click Search to view your allotment details.
How Will the IPO Proceeds Be Used?
Juniper Green Energy plans to utilise a substantial portion of the IPO proceeds to strengthen its balance sheet by reducing debt. Of the total funds raised, Rs 683.24 crore will be used to repay or prepay certain borrowings of the company, while Rs 728.69 crore will be invested in its material subsidiaries to help them repay or prepay their outstanding loans.
The remaining proceeds will be allocated towards general corporate purposes. Overall, the company aims to deploy around Rs 1,411.92 crore towards debt reduction, a move that is expected to lower financing costs, improve its leverage profile, and enhance its overall financial health.
About Juniper Green Energy
Founded in 2011, Juniper Green Energy is one of India’s leading renewable energy independent power producers (IPPs). The company develops, builds, owns, operates and maintains utility-scale renewable energy projects across solar, wind, hybrid, and Firm & Dispatchable Renewable Energy (FDRE) segments, supported by Battery Energy Storage Systems (BESS).
Its revenues are backed by long-term power purchase agreements (PPAs) with central and state government-backed entities, providing stable and predictable cash flows.
As of June 30, 2026, the company had a diversified renewable energy portfolio of 7,910.20 MW (10,247.06 MWp) across operational, under-construction, contracted and awarded projects, placing it among the top 10 renewable energy IPPs in India by installed and pipeline capacity.
With allotment expected today and listing scheduled for August 6, investors will now closely watch whether the current GMP translates into gains on the stock’s market debut.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Business
Politics And The Markets 08/04/26
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Business
SK Hynix and South Korean union hold talks over bonus pay

SK Hynix and South Korean union hold talks over bonus pay
Business
Guggenheim Names Top Biotechnology Stock Pick

Guggenheim Names Top Biotechnology Stock Pick
Business
NHTSA upgrades Ford timing belt probe over ‘unreasonable’ safety risk
Check out what’s clicking on FoxBusiness.com.
Some older Ford cars and SUVs pose “unreasonable” safety risks, according to federal regulators, warning that the timing belt may fail, causing them to lose power or engines to seize.
The National Highway Traffic Safety Administration announced on Monday that it has upgraded a defect investigation into 135,551 Ford vehicles from model years between 2014 and 2021 that are powered by the small 1.0L turbocharged three-cylinder engine due to an “unreasonable risk to motor vehicle safety.”
The three affected models, the Fiesta, Focus and EcoSport, have all been discontinued by Ford.
The NHTSA said it was aware of 355 incidents alleging a low engine oil pressure warning light appeared just before a complete loss or reduction of motive power while driving.
FORD RECALLS NEARLY 388,000 VEHICLES OVER SECOND-ROW SEAT INJURY HAZARD

Some older Ford cars and SUVs pose “unreasonable” safety risks. (Photo by National Motor Museum/Heritage Images via Getty Images / Getty Images)
NHTSA said its initial investigation revealed timing belt material may degrade and create debris that clogs the mesh oil pump pick-up screen, causing reduced engine oil pressure.
The probe suggests failures can happen without sufficient warning and loss of power or engine seizure is imminent. Failures have been reported despite proper and routine oil maintenance, the NHTSA said.
“Based on NHTSA’s analysis of the data, failure rates, information provided by Ford, preliminary engine teardown analysis, and precedent recalls regarding loss of engine oil pressure with the presence of driver facing warnings, (the agency) believes there is an unreasonable risk to motor vehicle safety,” the NHTSA said.
FORD RECALLS MORE THAN 110,000 MUSTANG VEHICLES OVER WINDSHIELD WIPER, DRIVETRAIN DEFECTS

The National Highway Traffic Safety Administration said it has upgraded a defect investigation into 135,551 Ford vehicles. (Getty Images / Getty Images)
NHTSA’s decision to upgrade the probe to an engineering analysis is a required step before it could force the automaker to issue a recall.
Some drivers reported engine failures that cost thousands of dollars to fix.
One 2017 Ford Focus driver reported being on a highway in Wilmington, Delaware, when the oil pressure light illuminated and within an eighth of a mile, the vehicle “lost all power and the engine began to sound like a tank.”
Data showed an average failure mileage of roughly 70,000 miles, and 98% of the failures happened before the 150,000-mile suggested timing belt replacement, the NHTSA said.

The three affected models, the Fiesta, Focus and EcoSport, have all been discontinued by Ford. (Jeff Kowalsky/Bloomberg via Getty Images / Getty Images)
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In June, Ford told the safety regulator it was adopting a non-safety customer satisfaction program for global vehicles with a 1.0L Fox Classic Timing Belt, cutting the maintenance interval to 100,000 miles or six years.
Ford is offering reimbursement to eligible customers who previously purchased engine repairs or replacements due to a timing belt-related issue, the NHTSA said, although it was not immediately clear which vehicles are covered by the customer satisfaction program.
Reuters contributed to this report.
Business
Ameresco, Inc. 2026 Q2 – Results – Earnings Call Presentation
Ameresco, Inc. 2026 Q2 – Results – Earnings Call Presentation
Business
Infinity Metals hit with regulatory hurdle
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Business
Trump blasts Big Oil: ‘Give some of that back’
Retired Gen. Jack Keane analyzes the sharp drop in crude oil prices after President Donald Trump paused military strikes against Iran. Keane explains how market volatility reacted to the administration’s push for diplomatic talks.
President Donald Trump lashed out at the U.S. oil industry on Monday, arguing that the country’s largest companies should give some of their sharply higher profits to the American public.
“I don’t like it,” Trump told reporters in the Oval Office when asked about the huge earnings reported by ExxonMobil and Chevron last week during the war with Iran.
“They’re making too much money, okay, based on a shortage,” he continued.
“I don’t like it, and I should be the last one to say it because I’m a big free enterprise guy,” he said before adding: “Nobody bigger.”
ExxonMobil had reported earning $14.5 billion in the second quarter of 2026 — double what it made during the same period last year.
FORGET GASOLINE: THIS OVERLOOKED FUEL COULD RAISE THE PRICE OF NEARLY EVERYTHING YOU BUY

Oil tanker at a port in the Strait of Hormuz. (Giuseppe Cacace/AFP via Getty Images / Getty Images)
Chevron pulled in $12 billion, posting its highest quarterly earnings in at least six years, according to Reuters.
“Chevron, too much money. ExxonMobil, too much. Too much money,” Trump continued.
“When you look at one company where they made 12 times what they made the year before, they ought to give some of that back to the public, and they better cut the retail price, the consumer price,” Trump added.
“I’ll say it loud and clear. I’m not happy about it,” Trump said before stating that gasoline prices would “drop through the floor” when the war with Iran ended.
AAA NATIONAL GAS PRICE TOPS $4 AMID RENEWED US STRIKES ON IRAN

Chevron pulled in $12 billion, posting its highest quarterly earnings in at least six years, according to Reuters. (Brandon Bell/Getty Images / Getty Images)
The two sets of earnings came as the Iran war pushed oil prices above $100 a barrel at times.
Oil prices fell again Monday as signs emerged that U.S.-Iran tensions were easing, Reuters reported.
“The sharp drop in oil prices, due to Trump’s cancellation of severe attacks against Iran and hopes of a diplomatic resolution, set the ball rolling this morning,” Peter Cardillo, chief market economist at Spartan Capital Securities in New York, told Reuters.
Earlier Monday, Trump also criticized Chevron CEO Mike Wirth for not crediting Washington’s efforts to help the oil industry.

ExxonMobil had reported earning $14.5 billion in the second quarter of 2026 — double what it made during the same period last year. (Sheldon Cooper/SOPA Images/LightRocket via Getty Images / Getty Images)
The comments came after Wirth’s appearance on “Sunday Morning Futures with Maria Bartiromo.”
“The only thing he conveniently forgot to mention is that, without the genius, foresight, strength, and stability of the TRUMP Administration, the Oil Industry, and our Country itself, would be DEAD!” Trump said in a post on Truth Social.
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“As an example, they threw Mike and Chevron out of Venezuela, but now they’re back, far bigger and stronger than ever before, expecting to make a fortune!” he added.
Business
HOA financial strain fuels increase in homeowner foreclosures: report
Compass International chairman and CEO Robert Reffkin discusses home inventory and affordability as mortgage rates creep higher on ‘The Claman Countdown.’
Homeowners associations (HOAs) across the nation are reportedly taking a tougher stance on unpaid dues, pursuing foreclosure against more homeowners as communities grapple with mounting financial pressures.
Real estate experts say the aggressive collection efforts are being driven by rising operating costs, shrinking reserve funds and concerns that unpaid assessments could leave associations unable to cover essential expenses.
According to real estate analytics firm ATTOM, HOA-related foreclosures jumped nearly 40% compared with two years earlier, The Wall Street Journal reported. The report also found HOA foreclosures are rising faster than overall mortgage foreclosure rates.
“HOAs are being forced into more aggressive collections to avoid their own financial collapse,” Brian Fox, co-founder of real estate technology firm Benutech, which tracks HOA delinquency trends and foreclosures, told WSJ.
AVERAGE MONTHLY MORTGAGE PAYMENT HITS NEW HIGH, TOPPING $2K FOR FIRST TIME EVER

An aerial view of large Victorian houses in Friendship, a neighborhood in the East End of Pittsburgh, Pennsylvania, on a sunny morning in the fall. (Getty Images / Getty Images)
HOAs typically rely on monthly or annual dues from residents to fund maintenance, repairs, insurance, landscaping and other community services. But as some homeowners struggle with higher living costs and mounting expenses, more associations are facing a rise in delinquent accounts.
Rather than offering extended grace periods, some associations are moving delinquent accounts to attorneys more quickly or filing liens against homeowners who fall behind on assessments.
The crackdown is affecting communities ranging from suburban condominium complexes to luxury neighborhoods, according to the report.
CALIFORNIA BUILT MORE HOMES THAN PEOPLE OVER SIX YEARS – SO WHY IS HOUSING STILL SO TIGHT?

Some Georgia residents are speaking out after facing the wrath of their local homeowner associations (HOA), with some people having their homes foreclosed on them. (Getty Images / Getty Images)
Benutech Data Insights found that homeowner associations have filed a sharp increase in liens, which are legal claims placed on a property when a homeowner falls behind on assessments, fees or fines. In many states, unpaid liens can eventually lead to foreclosure.
In 2025, HOAs reportedly filed 284,933 liens against homeowners, roughly one every 90 seconds. That figure represents an 8.6% increase from 2024, according to property records compiled by Benutech Data Insights.
Financial strain has also intensified within homeowner associations themselves.
A late-2025 report by Reserve Study found that nearly three-quarters of association-governed communities are underfunded. Specifically, 74% of associations were less than 70% funded, meaning they may not have sufficient reserve savings to pay for expected repairs and capital projects.
At the same time, HOAs have been hit with rising costs for staffing, landscaping, maintenance and building materials.

Residential homes in suburban sprawl development in North Port, Florida. Low-density private houses in rural suburbs. Housing market in the USA. (Bilanol / Getty Images)
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Insurance has become one of the biggest cost drivers.
According to the Foundation for Community Association Research, 93% of surveyed associations reported increases in property and casualty insurance premiums.
More than half those premiums rose between 11% and 25%, while about 10% reported increases exceeding 100%, adding further pressure on HOA budgets and increasing the need to collect assessments from homeowners on time.
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