'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.'
The BRICS summit in New Delhi brings together leaders from major emerging economies to address global challenges like trade disputes, geopolitical upheavals, and the economic impact of conflicts in Ukraine and West Asia. India, as chair, aims to position BRICS as an economic growth engine, focusing on the Global South's food, energy, and supply chain security. The summit also highlights the grouping's expansion and its growing influence in global governance.
Goan Grandmaster Leon Luke Mendonca won his second straight Global Chess League title as Ganges Grandmasters defeated defending champions Alpine SG Pipers.
Any military response to a cross-border terror attack from Pakistan will have to take into account the new alignments beginning to take shape in the region, points out former foreign secretary Shyam Saran.
India's markets regulator Sebi has launched 'Demat 2.0', a pilot project for tokenisation of corporate bonds, enabling atomic settlement through integration with RBI's wholesale CBDC. This new market infrastructure uses Distributed Ledger Technology (DLT) to make bond issuance, trading, and settlement faster and more efficient. India is the first country to issue corporate bonds natively on a distributed ledger with central bank digital currency settlement. Additionally, RBI Governor announced new UPI innovations: 'Tap & Pay' for faster POS transactions and MyUPI, an AI-powered customer support solution.
Former Delhi chief secretary Rakesh Mehta, who served under ex-chief minister Sheila Dixit, has allegedly died by suicide at his Noida residence. Police recovered a suicide note citing 'mental and health issues' as reasons. Mehta, a 1975 batch IAS officer, was 74 and had been credited with significant infrastructure projects in Delhi during his tenure from 2007 to 2010.
'...Aditya's intensity.' 'The film is very gritty and character-driven, and I wanted Aditya to feel like a real person rather than just a heroic cop.'
Indian-American golfer Sahith Theegala successfully made the halfway cut at the 154th Open Championship, finishing at even-par. While Theegala secured his spot, Australia's Lucas Herbert and America's Sam Burns delivered record-equalling second-round performances. Other Indian-origin players, Akshay Bhatia and Aaron Rai, faced an anxious wait regarding their cut prospects amidst challenging conditions at Royal Birkdale.
Despite a debilitating knee injury derailing his own campaign, Tejaswin Shankar selflessly coached compatriot Sarvesh Kushare, providing crucial technical advice that helped Kushare secure a silver medal in the men's high jump at the Commonwealth Games.
Young left-arm spinner Shree Charani discusses the Indian women's cricket team's strategy, particularly among slow bowlers, after their dominant seven-wicket victory over Pakistan in the Women's T20 Asia Cup. India bowled out Pakistan for their lowest-ever T20I total of 55, securing a semifinal spot and topping their group.
The Indian junior men's hockey team secured a 3-3 draw against Japan in their second Pool A match of the Junior Asia Cup. India initially led 2-0, but Japan fought back to take a 3-2 lead in the final minute before India equalised with a penalty corner in the dying seconds.
Tamil Nadu Chief Minister C Joseph Vijay issued a stern warning against personal attacks, double-meaning insults, and derogatory language targeting women, particularly in political discourse. Speaking in the Assembly, he recalled past humiliations faced by late CM J Jayalalithaa and condemned recent incidents involving women personalities, stressing that such behaviour would face immediate legal consequences. He also outlined his administration's vision for public security and zero-tolerance against crime.
India's semiconductor sector has garnered USD 1.4 billion in total equity funding across 281 companies, with a substantial USD 701 million raised since 2025 alone, according to Tracxn data.
India will play defending champions Sri Lanka in the Women's Asia Cup final on Sunday. Sri Lanka secured their spot by defeating Pakistan in a thrilling semifinal, chasing down 131 with a strong recovery after early wickets. India, having a dominant run, aims for a record eighth title, while Sri Lanka seeks to defend their maiden title won against India in the previous edition.
Chhattisgarh is rapidly emerging as a significant sports destination in India, driven by state government initiatives to host major events and develop infrastructure. Chief Minister Vishnu Deo Sai highlighted the state's commitment to sports, exemplified by the DP World PGTI Nava Raipur Open 2026 golf championship, inaugurated with cricket legend Kapil Dev. These efforts aim to foster talent, promote sports tourism, and transform the state's image, including positive changes in regions like Bastar.
The Indian hockey teams will return to their traditional blue jerseys for the upcoming Asian Games, reversing a controversial decision to switch to a saffron-coloured kit. The previous change had led to widespread criticism, internal discord within Hockey India, and even political debate, despite claims of visibility issues on blue turf.
Connor Esterhuizen's maiden ODI century and a disciplined bowling display powered South Africa to a 157-run win over Namibia, sealing the three-match series 2-0 with one game remaining.
Chinese President Xi Jinping is in New Delhi for the 18th BRICS Summit, where he is scheduled to hold bilateral talks with Prime Minister Narendra Modi. This visit, his first to India in nearly seven years, comes amidst efforts to normalise India-China relations following the 2020 Eastern Ladakh standoff and is expected to have significant implications for bilateral ties and BRICS cooperation.
Newly promoted Hull City secured a 2-2 draw against Chelsea at Stamford Bridge, extending their unbeaten start to the Premier League season to four matches, much to the delight of manager Sergej Jakirovic.
Solicitor General Tushar Mehta informed the Supreme Court that an appeal would be filed against an Allahabad High Court decision that quashed the detention of Delhi University student Akriti Chaudhary under the National Security Act. The High Court had also awarded Rs 5 lakh compensation to Chaudhary and criticised the "despotic" conduct of the Gautam Buddha Nagar DM. The Supreme Court also expressed displeasure over a Greater Noida executive magistrate's notice to another student for protest participation.
A gym trainer, Vijay Kumar, was shot dead by two bike-borne assailants in south Delhi's Aya Nagar. Police suspect personal enmity and are investigating a possible link to a long-running village rivalry, including other recent violent incidents in the area.
Finance Minister Nirmala Sitharaman announced that the Goods and Services Tax (GST) Council's October 7 meeting will focus on 'GST 2.0' process reforms, including e-invoicing and input tax credit rules, while also addressing complex issues surrounding the taxation of the digital economy and cryptocurrency.
A question has been raised whether the Mecca Pact will have a negative impact on our doctrine that the Operation Sindoor has only been suspended and that it would be resumed if Pakistan engages in terrorism in the future. But the Mecca Pact only speaks of aggression, not defence against terrorism, points out Ambassador T P Sreenivasan.
Top seeds Katerina Siniakova and Taylor Townsend defeated American wildcards Ashlyn Krueger and Robin Montgomery to win the U.S. Open women's doubles final, completing their team career Grand Slam. This victory marks Siniakova's 12th Grand Slam doubles title and makes her the first player to achieve a career Grand Slam with two different partners.
The Global Chess League commenced with defending champions Alpine APL Pipers securing a 10-8 victory over Mumba Masters, spearheaded by Magnus Carlsen.
Chinese President Xi Jinping addressed the BRICS summit, urging the bloc to play a significant role in achieving peace and tranquillity in West Asia and the Gulf region. He highlighted BRICS' growth over two decades, its efforts in tackling global challenges, and its steadfastness in safeguarding the interests of the Global South. Xi called for opposing the Cold War mentality, strengthening multilateralism, and promoting cooperation in emerging domains like AI, as China prepares to chair the next summit.
Shivanjay Rajput, a key accused in the Sagar hooch tragedy that killed 16, was arrested after a police encounter in Madhya Pradesh. Rajput, carrying a Rs 30,000 bounty, sustained a gunshot wound to his leg during the face-off. This arrest brings the total number of accused apprehended to 19, with FIRs against 30 individuals.
Indian hockey teams will return to their traditional blue jerseys for the Asian Games after a controversial shift to saffron kits sparked widespread criticism and internal discord within Hockey India. The decision to revert to blue was confirmed by HI president Dilip Tirkey, who had previously questioned the saffron kit's adoption without proper approval.
Legendary striker Cristiano Ronaldo scored his 979th professional goal, leading Al Nassr to a 2-1 victory over Abha in the Saudi Pro League. Ronaldo opened the scoring, with Abdullah Al-Hamdan adding another, securing Al Nassr's second-place position in the league table.
South Korean male professional tennis players face a unique challenge: mandatory military service, which interrupts their careers for 18 months. This article explores how players like Seong-chan Hong, Hyeon Chung, and Soonwoo Kwon adapt to this obligation, with some earning exemptions through sporting achievements while others navigate a return to the professional circuit after their service.
Local tennis sensation Shreeniti Chowdhury secured both the girls' singles and doubles titles at the KSLTA World Tennis Junior J30 Bengaluru. The 15-year-old defeated Aahida Singh in the singles final and partnered Riddhi Shinde for the doubles win. In the boys' category, Fazal Ali Meer won the singles, while Chukka Lakshya Vardhan and Parthiv Nallagundla took the doubles title.
The Enforcement Directorate (ED) Director, Rahul Navin, has issued directives to intensify action against Insolvency and Bankruptcy Code (IBC) frauds involving "large haircuts" and to address delays in police registering FIRs based on ED's requests. The agency also aims to fast-track high-profile trials under the Prevention of Money Laundering Act (PMLA) and enhance internal coordination and efficiency.
Security personnel reportedly justified the action due to child theft concerns and identity verification.
Gaganyaan astronaut Prasanth Balakrishnan Nair stressed the critical importance of AI sovereignty for national cybersecurity, citing the increasing difficulty in distinguishing between real and fake content due to AI. Speaking at the Kerala Cyber Suraksha Summit, Nair highlighted that future conflicts and industries would involve a 'whole-of-nation approach,' blurring physical and digital boundaries. He urged greater awareness of digital threats and emphasised India's need to build on its technological capabilities in AI and cybersecurity, drawing parallels with the success of Chandrayaan-3. Other speakers also underscored the rising threat of cyberattacks and the potential for Kerala to contribute to national technology requirements.
Elena Rybakina defeated top-seed Aryna Sabalenka 6-4, 5-7, 6-2 in the US Open women's singles final, securing her third career major title and setting her to become the new WTA World No. 1. Rybakina displayed dominant form, especially in the final set, overcoming the two-time defending champion.
Additional District and Sessions Judge Ravi Kumar Diwakar of Muzaffarnagar has declared he would prefer death over being a "coward judge," delivering his 23rd capital punishment in four months, this time in a dowry death case. He asserted he would not succumb to pressure from mafias and criminals, despite receiving threats and having numerous cases transferred from his court.
Prime Minister Narendra Modi and Russian President Vladimir Putin held extensive discussions to strengthen bilateral trade, defence, and energy cooperation, while also addressing the ongoing Ukraine conflict and exploring avenues for peace and resolution, with Modi reiterating India's call for dialogue and diplomacy.
India's men's and women's table tennis teams have both advanced to the finals of the 22nd Commonwealth Table Tennis Championships after defeating England in their respective semifinals. The men's team secured a dominant 3-0 victory, while the women's team overcame a tougher challenge with a 3-1 win. Both teams are set to face Malaysia in the championship matches.
Experts at AI Manthan 2.0 in Kanpur stressed the need for Artificial Intelligence to be customised for India's specific requirements in education, healthcare, agriculture, and governance. Discussions highlighted the development of local language models, AI solutions for farmers like crop loss assessment and a single-window platform, and AI's role in healthcare for diagnosis and reducing doctors' workload, all while ensuring data privacy through federated learning.
Xi brought in asymmetrical power play by stating that India should have 'strategic cognition' and 'strategic judgement made on the basis of the stage of development the two countries are at'. This is a very nuanced way of asserting China's coercive diplomatic posture and reflects Beijing's penchant to unleash border instability at will, restrict rare earth metal exports, exert pressure on India at global and regional orders, asserts China expert Srikanth Kondapalli.
