The National Stock Exchange (NSE) has set its initial public offering (IPO) price band at Rs 1,700-1,785 per equity share, with the subscription period running from September 17 to September 21, aiming to raise up to Rs 22,569 crore.
The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) was subscribed 43 per cent on its first day of bidding, making it India's second-largest public issue after Hyundai Motor India's Rs 27,870-crore IPO in 2024.
The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) opened for subscription, receiving 9 per cent bids on its first day, with strong participation from anchor investors.
SEBI Chairman Tuhin Kanta Pandey stated that the National Stock Exchange (NSE) has not submitted any proposal seeking approval to trade on its own platform after getting listed, and such trading is currently not permitted. He also confirmed that SEBI would examine concerns raised by brokers and asset management companies regarding the new UPI Merchant Discount Rate (MDR) framework.
Shares will be allocated across different institutional investors, including domestic mutual funds, other domestic institutions and FPIs.
The National Stock Exchange of India's initial public offering (IPO) was subscribed 5.69 times, with qualified institutional buyers (QIBs) showing the strongest demand, as the Rs 22,561-crore issue moves towards allotment and a planned listing on the BSE.
State-run Punjab National Bank (PNB) is strategically planning to enter the wealth management segment by early 2027 and significantly expand its credit card portfolio, aiming to tap into lucrative markets largely dominated by private-sector banks.
The National Stock Exchange's (NSE) initial public offering (IPO) is expected to shrink in size to Rs 25,000-27,000 crore, down from an earlier estimate of Rs 30,000 crore, as some shareholders are reducing their offer for sale (OFS) stake.
The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) was fully subscribed on the second day of bidding, driven by strong interest from qualified institutional buyers and non-institutional investors.
'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.'
Six companies, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart, are poised to collectively raise nearly Rs 5,600 crore through initial public offerings (IPOs) in the upcoming week, adding to the bustling primary market activity.
The Ministry of External Affairs (MEA) has facilitated the safe passage of over 1,700 Indian nationals from Iran through Armenia and Azerbaijan since the beginning of the West Asia conflict.
The absolute amount of money raised is more than three times the 2 trillion seen before the pandemic (June 2019).
Lingam Ravindra Rao, 72, and his 17-year-old grandson, Anuraag Pokuri, have successfully scaled Mount Elbrus, Europe's highest peak. Rao is now the oldest Indian to achieve this feat, while Anuraag is the youngest Indian-origin person to climb both the West and East peaks back-to-back. This remarkable expedition highlights their shared passion for mountaineering and their ambition to complete the Seven Summits.
Back when India moved slowly, every window seat came with a view, and every rail journey came with excess baggage - food, fears, family drama, points out Ajanta Krishnamurthy.
Tamil Nadu Chief Minister C Joseph Vijay is set to visit Karur for a crucial public interaction, where he will address victims of last year's stampede, distribute welfare, and lay the foundation stone for a major Rs 1,700 crore footwear manufacturing factory.
The Odisha Police have arrested 1,771 people and seized a large quantity of drugs, illegal weapons, and other items during a five-day special drive across the state.
Sourabh Chandrakar, the absconding founder of the Mahadev betting app, has been detained in Oman based on an Interpol Red Notice. Indian agencies are now working to extradite or deport him. The ED's investigation into the syndicate has revealed alleged proceeds of crime worth Rs 6,000 crore and links to high-ranking politicians and bureaucrats.
Former poll strategist Prashant Kishor made a stunning electoral debut by winning Bihar's Bankipur assembly seat, a long-held BJP bastion. Concurrently, the Congress retained the Datia assembly seat in Madhya Pradesh, while the BJP successfully held onto the Manjalpur seat in Gujarat, showcasing mixed results for the ruling and opposition parties in these crucial by-elections.
Reliance Industries (RIL) delivered a better-than-expected operational performance in Q1FY27, driven by a recovery in its oil-to-chemicals (O2C) business and robust gains in the telecom (Jio) segment, though its retail arm missed estimates. Analysts highlight the upcoming Jio Platforms IPO and execution in new energy and consumer businesses as key triggers for the stock's future growth.
Indian junior shooters made a strong start at the ISSF Junior World Championship in Suhl, Germany, securing two gold medals and one bronze on the opening day. Sejal Kamble won individual gold in the junior women's 10m air pistol, while the team of Kamble, Vanshika Choudhary, and Navya Bishnoi also claimed gold.
'...Or will we take a positive approach and learn from those mistakes so that it is not repeated in future?'
Adani Properties has emerged as the largest value creator in the 2026 Grohe-Hurun India Real Estate 150, adding Rs 38,000 crore in valuation to become India's fourth-most valuable real estate company, with its valuation rising 72.5 per cent year-on-year to Rs 90,400 crore.
The scheme, called 'Suhana Safar', targeted customers who aspire to own a car but were hesitant because of concerns around arranging the down payment or managing future EMI obligations.
As a ruler he was a pragmatist and adaptable, and trying all the time to strengthen and perpetuate the empire that he and his forefathers had built.He seldom, if ever, allowed his policies to be determined by his religious beliefs, notes Rudrangshu Mukherjee.
Delhi is set to establish its first dedicated Anti-Narcotics Task Force (ANTF) police station as part of a broader initiative to make the city drug-free by 2027, according to LG Taranjit Singh Sandhu.
West Bengal minister Agnimitra Paul defended the detailed application form for the 'Annapurna Yojana', stating the government aims to ensure benefits reach only Indian citizens, amidst criticism over excessive documentation.
Rameswaram temple elephant enjoys refreshing pool bath amid intense summer heat.
Global brokerage firm Jefferies has reiterated its 'Buy' rating on Paytm, stating that the company's growth engine and profitability will remain intact despite regulatory action on its associate entity Paytm Payments Bank Ltd (PPBL). The company has maintained its price target of Rs 1,350, implying an 18 per cent upside.
The Indian stock market mythos of 36 years is wrapped in a diaphanous negligee, lashed together by a delicate, etheric sash of 1.6 bull markets. To make money from here on will require a ground invasion, trench by trench, rather than carpet bombing. Way more difficult, points out Shankar Sharma.
The NTA has also confirmed that the upcoming re-examination, scheduled for June 21, 2026, will be conducted entirely free of cost for all previously registered candidates, funded fully through the agency's internal reserves.
The Odisha Police have arrested 1,771 people and seized over 3,000 kg of ganja, 20 unlicensed guns and other illegal items during a special five-day drive across the state.
A pension fraud has been uncovered in Himachal Pradesh, where over 40 individuals were falsely declared as 'elderly' in official records to receive old-age pensions.
Women voters in West Bengal appear to be shifting their priorities beyond financial assistance, placing greater emphasis on governance and accountability, according to post-election analysis. This shift may have contributed to the Trinamool Congress's (TMC) losses in the recent assembly election, as the BJP's promises and other factors influenced voter sentiment.
'All this diversity that our country provides brings in a lot of learnings.' 'That is what I really end up sharing with the whole community.' 'But it all comes through making my shoes dirty.'
'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'
The Jammu and Kashmir government reports that over 3,000 schools have experienced low or zero enrolment since 2022, prompting school closures and mergers. The report details the financial implications and district-wise breakdown of the affected schools.
A Delhi court has ordered the framing of charges against directors of Three C Shelters Pvt Ltd in connection with the stalled Greenopolis housing project in Gurugram, citing a prima facie case of cheating, forgery, and criminal conspiracy for allegedly misleading homebuyers.
Reliance Industries Limited (RIL) faced a challenging fourth quarter, with its energy business experiencing significant headwinds, leading to overall muted results and prompting analysts to adjust their outlook, even as consumer segments like Jio and retail demonstrated robust growth.
Civil Aviation Minister K Ram Mohan Naidu highlights challenges in aircraft procurement due to global supply chain disruptions, impacting India's aviation sector growth and expansion plans.
