'Regulations give a particular minimum amount of shares to be given in the OFS or IPO -- without which one cannot do the IPO.' 'We got that number on the day of filing of updated DRHP -- sufficient for us to go live with the IPO.'
Maruti Suzuki India is strategically investing in the premium hatchback segment, launching a refreshed Baleno with advanced driver assistance systems (ADAS) to capture a significant share of the evolving Indian passenger vehicle market, even as SUVs continue their dominance.
A special POCSO court in Thane has convicted a 20-year-old man for sexually assaulting a 16-year-old girl, sentencing him to three years of rigorous imprisonment. The court relied heavily on the victim's "clear and cogent" testimony and rejected the plea for probation, citing the fear and insecurity caused by the accused's actions.
Indian steeplechase champion Avinash Sable faced a career-threatening knee injury and subsequent psychological struggles, leading to 14 months on the sidelines. Despite a tough upbringing, the physical and mental toll of inactivity and a second injury pushed him to the brink of retirement. With renewed determination and support, Sable has overcome his fears and is now back in competitive shape, aiming to defend his Asian Games title.
The National Payments Corporation of India (NPCI) stated that the Merchant Discount Rate (MDR) "is distributed only amongst the UPI ecosystem, to further invest into infrastructure resilience, innovation, cybersecurity (protecting the UPI infrastructure with banks and non-banks) and customer service."
A newcomer to non-vegetarian cooking, Divya Nair shares a recipe of prawns ghee roast, spice perfected to her son's liking.
The government is introducing a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant payments above Rs 2,000, effective October 15. This move ends the zero-MDR regime, aiming to fund UPI infrastructure and sustainability, as the previous government subsidy was insufficient to cover operational costs. Payments between individuals and most everyday merchant transactions will remain free.
Players who participated in the 2026 World Cup generated over $3.3 billion in international transfer fees during the recent mid-year transfer window, contributing to a record $9.89 billion spent in men's football, FIFA announced.
Buyers should check their scope and triggers and whether they need such policies alongside their regular health insurance.
Nagaland Governor Nand Kishore Yadav has advocated for increased use of technology, especially drones and geospatial systems, to enhance governance and create employment opportunities for the state's youth. During his visit to the Nagaland GIS and Remote Sensing Centre and Drone Centre of Excellence, he highlighted the broad applications of drone technology and the importance of skill development. The centre is actively training youth in various drone-related courses, aiming to meet the demand for drone pilots in the Northeast.
The Tata Curvv EV Series X keeps its distinctive coupe-SUV design but becomes a more attractive package with a standard 55kWh battery, more features and a lower starting price of Rs 16.99 lakh.
Delhi is experiencing heavy rainfall and strong winds, prompting the India Meteorological Department (IMD) to issue a red alert, which is impacting ongoing preparations for the crucial BRICS Summit.
Tax experts clarify that merchants will pay 18% GST on Merchant Discount Rate (MDR) for UPI payments exceeding Rs 2,000, effective October 15. However, registered merchants can claim Input Tax Credit (ITC), mitigating the tax burden. This move is expected to generate significant GST revenue for the exchequer while funding payment infrastructure.
New Delhi is under a thick blanket of security as it hosts top world leaders for the BRICS Summit. Extensive security measures, including thousands of personnel and CCTV cameras, are in place. Commuters can expect temporary traffic restrictions and diversions due to VVIP movements, though officials aim to minimise public inconvenience.
Kolkata's passionate football fans have shown immense enthusiasm for the upcoming India-Brazil friendly, with lower-priced tickets selling out within an hour of going online. India is set to play five-time world champions Brazil on October 3, followed by a match against two-time world champions Uruguay, providing a significant test for the Indian squad ahead of crucial Asian Cup qualifiers.
Shubman Gill, India's Test and ODI captain, celebrated his 27th birthday, marking a remarkable journey from a young prodigy to a dependable leader and cornerstone of the Indian batting line-up, with impressive records across all formats.
A recent Central Vigilance Commission (CVC) report reveals that over 70,500 corruption complaints were lodged against various government bodies last year, with banks and the Railways accounting for the highest numbers. While a significant portion of these complaints has been disposed of, thousands remain under process, highlighting ongoing challenges in addressing corruption within public sector entities.
A Gwalior man was fined Rs 5,500 by police after his girlfriend covered his car with 3,400 lipstick marks as a social media stunt. The car, which had been driven around the city, was deemed modified, leading to the penalty under the Motor Vehicles Act. The man was also made to clean the car.
India is making a significant push to establish itself as a global semiconductor manufacturing hub, driven by strategic investments and policy support. The upcoming SEMICON India 2026 event will showcase the country's advancements and ambitions in this critical industry, which underpins virtually all modern electronic devices and has faced global supply chain vulnerabilities.
The LIC Golden Jubilee Scholarship Scheme is offered by the LIC Golden Jubilee Foundation aims to support meritorious students from economically weaker sections by providing financial assistance for higher education and improving their future employment opportunities.
The water levels in the Bhotekoshi River rose again on Sunday, days after a devastating flash flood struck Nepal, authorities warned, urging residents and rescue personnel in flood-hit districts to remain alert.
Arundhati Bhattacharya, Salesforce President and CEO for South Asia, stated that cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in technology. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs and urged Indian businesses to transform using technology, rather than merely digitising. She also highlighted the significant economic potential of AI adoption for India.
Arundhati Bhattacharyya, Salesforce President and CEO for South Asia, highlighted how cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in the technology revolution. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs by addressing unmet business demands and could significantly boost India's GDP, with NITI Aayog estimating a USD 500-600 billion addition by 2035. She urged Indian businesses to transform using technology, focus on data, redesign work, and invest in skills, stressing that AI is not just for large corporations.
The death toll from devastating flash floods in Nepal has surged to 1,252, with more bodies recovered and fresh flood risks emerging due to continuous rainfall in the Bhotekoshi River's upstream areas. The disaster, triggered by an ice-rock avalanche, has also left 4,875 people missing and prompted calls to address climate change's impact on the Himalayan region.
At least 12 people from Bihar's East Champaran district, including five members of one family, are missing following devastating flash floods in Nepal. The disaster, which struck four days ago, has left hundreds of Indians and persons of Indian origin unaccounted for, with a significant death toll reported in Nepal.
Suraj Meena, a non-Ladakhi runner, achieved a significant feat by finishing second in the 122km Silk Route Ultra Ladakh Marathon, clocking 12 hours and 35 minutes. He highlighted the extreme difficulty of high-altitude running for outsiders and shared his unique training and travel methods, including cycling to the event.
The inaugural World Athletics Ultimate Championship saw thrilling performances on its second day, with Audrey Werro defeating Olympic champion Keely Hodgkinson in the women's 800m and Melissa Jefferson-Wooden clocking the season's fastest time in the women's 100m. Other notable winners included Kenny Bednarek in the men's 100m, Collen Kebinatshipi and Marileidy Paulino in the 400m, Haruka Kitaguchi in javelin, Klaudia Kazimierska in 1500m, Miltiadis Tentoglou in long jump, and Sandi Morris in pole vault.
Suraj Meena, a non-Ladakhi marathoner from Rajasthan, achieved a remarkable feat by finishing second in the 122km Silk Route Ultra Ladakh Marathon. He completed the challenging high-altitude race in 12 hours and 35 minutes, setting a new record for non-Ladakhis and highlighting the extreme difficulty of running in such conditions. Meena also cycled 2,400km from Jaipur to Ladakh to participate.
Suraj Meena, a non-Ladakhi marathoner from Rajasthan, achieved a remarkable second-place finish in the 122km Silk Route Ultra Ladakh Marathon, clocking 12 hours and 35 minutes. This performance set a new record for non-Ladakhis in the event, significantly beating the previous best. Meena highlighted the extreme difficulty of high-altitude running for those not acclimatised and shared his unique training approach, which included cycling 2,400km from Jaipur to Ladakh.
India batter Mayank Agarwal has signed with Durham for the final four matches of the County Championship's Division Two, aiming to help the team secure promotion to Division One.
Indian squash player Velavan Senthilkumar secured his first PSA Copper-level title at the Budapest Open, defeating local favourite Balazs Farkas in a dominant final performance. This victory marks his 11th PSA Tour crown and follows impressive wins against Veer Chotrani and Eain Yow.
Union Communications Minister Jyotiraditya Scindia announced India's ambition to lead the world in 6G mobile technology and become a designer of global technology standards. Speaking at the Global Fintech Fest 2026, Scindia highlighted India's shift from being a technology market to a technology maker, emphasizing progress in 5G rollout, affordable data, and digital infrastructure driving fintech growth, while also stressing the importance of digital security.
Bollywood's divas glam up August with unusual glamour.
Rs 299,900 can buy you Apple's first foldable iPhone. Or it can buy you a passport full of memories, a suspiciously large holiday wardrobe and enough airport coffee to develop a personality.
JSW Group and China's SAIC Motor are in discussions for the next round of capital support for JSW MG Motor India, aiming to expand manufacturing capacity beyond 220,000 units annually to an ambitious one million vehicles and broaden its new-energy vehicle (NEV) portfolio.
Eleven days after devastating floods triggered by an ice-rock avalanche, Nepal continues to grapple with a rising death toll of 1,344 and nearly 5,000 missing. Authorities face significant challenges in identifying the deceased, with many bodies severely damaged. DNA samples are being collected from relatives to aid identification, while the government mobilises relief and rehabilitation efforts. A fresh flood incident in Gorkha district also caused damage.
"Everything was here before, but now there is nothing left," said Nayan Tiwari, one of many residents returning to flood-hit Galchhi in central Nepal to recover whatever belongings remain and to restore homes that once held their everyday lives.
A Pakistani national and Lashkar-e-Taiba terrorist, Yasir, involved in multiple terror incidents including the 2024 Poonch IAF convoy ambush, has been neutralised by the Indian Army in Yusmarg, central Kashmir. An extensive search operation is underway in the high-altitude Pir Panjal range for a second terrorist, Musa, amidst challenging weather conditions.
Indian stock markets, including the Sensex and Nifty, experienced a significant tumble in early trade, driven by escalating tensions in West Asia that pushed crude oil prices close to the USD 100-per-barrel mark, alongside selling in IT stocks and fresh foreign fund outflows.
The magnificent Kailasa temple stands as a testament to ancient Indian engineering and artistic brilliance, carved meticulously from a single mountain.
