Bharath Rajeswaran

Indian investors poured a record amount into mutual funds through monthly savings plans in August, continuing to invest even as the market came under ​pressure, data from the Association of Mutual Funds in India showed on ‌Thursday.

Indian shares fell on Wednesday as a fresh escalation in the Middle East conflict had Brent ​crude hurtling toward $100 per barrel, a pain point for the world's ‌third-largest crude oil importer.

India's TVS Motor ‌Company on Friday named international business head Peyman Kargar as its next chief executive officer, replacing K N Radhakrishnan, who has held the role since 2008.

Shares of HDFC Bank , ‌India's top private lender, fell for a third straight session on Thursday, dragging the country's benchmark stock index amid concerns over legal, regulatory and leadership challenges.

Indian shares fell on Wednesday, with high crude oil prices and rising global bond yields weighing on ​appetite for risk assets globally.

Global index provider MSCI said on Thursday it will add four Indian companies to its widely tracked Global Standard index and remove ​three as part of its August review, underscoring the continuing churn ‌in India's representation within global passive portfolios.

Indian shares fell in early trade on Tuesday, with heavyweight financials leading declines as elevated ​crude prices hurt risk appetite, offsetting support from IT gains, strong ‌quarterly earnings and renewed foreign buying.

India's index-options activity will continue ​to be hit by a new closing auction system that has led to ‌sharp equity price moves in the final minutes of trading, creating challenges for brokers, exchanges and fund managers, Bernstein said on Tuesday.

Equity mutual fund inflows in India fell 14.8% month-on-month to 246.97 billion rupees ($2.59 ​billion) in July as large-cap funds saw outflows for the first time since ‌December 2023, while investors poured record amounts into small-caps.

Beaten-down Indian stocks, led ​by software exporters, have rallied as global investors exit crowded AI-linked positions and target markets with limited exposure to the sector.