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Corporate Intelligence Brief · Thursday, 27 August 2026

Tata Power's Singapore loss now costs more than a year's profit

Edition No. 7 · 21 min read

A Singapore court has dismissed Tata Power's challenge to a $490 million arbitration award, leaving a bill near Rs. 5,600 crore against Rs. 5,118 crore of FY26 profit. Oil exploration & allied services climbed fastest up the momentum rankings this month. And US core inflation at 3.3% has kept a September Fed rate hike on the table.

Snapshot · Commodities, Rates & Macro

ItemLevelMoveOne-line note
Gold (spot)$4,615/oz-0.9%Easing from Tuesday's three-month high of $4,696 before Jackson Hole.
Silver (spot)$68.2/oz-0.6%Holding above $68 through the week.
Brent crude$86.6/bbl-2.2%, fifth day downIran–Oman corridor talks unwind the war premium; near $94 a week ago.
US 10-year Treasury4.66%+2 bpsSticky core PCE keeps a September hike in the debate.
India 10-year G-sec6.85%Steady, near two-month highHawkish minutes; markets debate an iCRR before any repo hike.
US July core PCE+3.3% YoYIn line; headline above forecastThe Fed's preferred gauge, released overnight.
Bank of Korea rate3.00%+25 bps this morningSecond straight hike, with a growth upgrade.
Copper ($/t, LME)$14,684+1.3% 1wLME, US dollars a tonne
Aluminium ($/t, LME)$3,240+0.2% 1wLME, US dollars a tonne
US 30-yr yield (%)5.17%-3 bp 1d30-year government bond yield

Company News & Developments

Tata Power's $490 million defeat now exceeds a year's profit

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