Sebi has exempted six Muthoot promoter family trusts from making an open offer tied to the proposed indirect acquisition of shares in Muthoot Microfin, allowing an internal restructuring to proceed. After the transactions, the trusts are set to collectively hold a 63.35 per cent stake and control in Muthoot Fincorp, which owns 50.21 per cent of Muthoot Microfin. The relief is linked to Muthoot Fincorp’s IPO plan approved by its board on May 16 and the need to meet minimum promoters’ contribution norms, according to Sebi’s order.

A July 30 arXiv preprint describes a wallet-level phishing technique that abuses transaction simulation to display a small apparent gain while the executed transaction routes funds to an attacker. The authors link the method to 5,742 victim addresses and about $3.48 million in historical losses, with 91.5% attributed to Ethereum and about 83% of cross-chain losses tied to the largest inferred cluster. They report identifying 4,224 related contracts across Ethereum, BNB Smart Chain, Avalanche and Polygon using a detector called SimGuard.

Central Bank of India shareholders approved a plan to raise up to ₹7,000 crore in equity capital with 99.26% support, allowing the bank to use a QIP, FPO or rights issue. Investors also confirmed four interim dividends totaling ₹1.20 (12%) per equity share for FY2526, with 99.68% backing. The lender is a state-owned commercial bank, and the capital raise is aimed at strengthening its capital base and supporting business expansion.

Persistent Systems (SUS) shareholders have formally approved the company’s acquisition of Germany-based IT services firm Nagarro SE. The company also reported Q1FY27 results showing consolidated net profit of ₹4,830.4 million and revenue of ₹43,032.3 million (US$452.4 million). EBIT rose 32.7% year on year to ₹6,868.8 million, outpacing revenue growth of 29.1%, while basic EPS increased 13.7% to ₹30.88.

The Indian government said it will sell up to 6.50% of Life Insurance Corporation of India through an offer for sale, comprising a 2.50% base tranche and a 4.00% oversubscription option, alongside a 0.04% employee portion. The base offer covers about 3.16 billion shares and the oversubscription option about 5.06 billion shares. The sale is being carried out by the Department of Financial Services under the Ministry of Finance and will dilute the state’s promoter holding in LIC. The transaction increases secondary-market supply and changes the shareholder mix.

GHCL Limited said it has uploaded the audio recording of its investors’ conference call held on August 3, 2026, to its official website. The company discussed its Q1FY27 results, reporting net profit up 32% year-on-year to ₹191.18 crore, lifted by a ₹53.62 crore exceptional gain tied to a settlement involving illegally sold shares held by its ESOS Trust. Revenue from operations fell 2.7% to ₹774.26 crore amid global soda ash price volatility and shipping disruptions, while EBITDA rose 4% to ₹233 crore as operating efficiency improved. GHCL is advancing capital expenditure of about ₹330 crore, including its Bromine project, as it targets higher-margin business lines.

Florida voters will decide in November on Amendment 3, a “Save Our Homes” proposal that would raise the nonschool homestead tax exemption from $50,000 to $150,000, with a further increase to $250,000 in 2028. State economists estimate the change would cut local tax revenue by $5 billion next year and nearly $12 billion by 2031. The measure faces opposition from local governments and public-safety groups that warn it could lead to service cuts, while the state says the ballot language is fair and legally sufficient. The amendment must win at least 60% of the vote to pass.

The French multinational energy company will separately sell a 50% stake in a 1.2 GW renewables portfolio, valued at €1.8 billion ($2.07 billion), to investment firm KKR.