LEAP India IPO opens this week: Company targets ₹2,480 crore issue at ₹151

LEAP India IPO opens this week with a price band of ₹151-159 per share. The company targets a ₹2,480 crore issue, including a ₹480 crore fresh share sale. Subscriptions start Friday, August 7, 2026. The firm plans to use ₹360 crore from the proceeds to repay part of its borrowings.

FCNR(B) deposits nearly double after RBI swap window; SBI leads mobilisation

FCNR(B) deposits rose from $32.56 billion on June 5, 2026, to $60.55 billion on July 30, 2026, after the RBI started a special swap window. State Bank of India led this growth. Minister Pankaj Chaudhary said, "The measure is intended to attract stable foreign currency inflows, strengthen India’s balance of payments."

The sandbox trap: Getting AI to work is easy, but scaling it changes everything

A 2026 EY-CII survey showed 47% of Indian enterprises now run multiple AI use cases. However, NASSCOM data found only 15% of organizations successfully scale AI cross-functionally. Rajesh Nambiar said, “Many organizations are flirting with AI. Only 15% are actually scaling it.” Most firms still struggle to move beyond pilots.