Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has received board approval to file draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares. The draft red herring prospectus (DRHP) is expected to be filed with SEBI today, marking a significant value-creation event for Reliance shareholders.
IT services giant Wipro's board has given the green light to a massive Rs 15,000 crore share repurchase programme, aiming to buy back over 5 per cent of its equity, or up to 60 crore shares, from shareholders at Rs 250 per share, reflecting an 18 per cent premium.
Trent reported a 20 per cent revenue rebound in Q4FY26, driven by a recovery in like-for-like growth and significant store additions. The company's board has approved raising up to 2,500 crore in equity to fund investments in store network upgrades, new brands, supply chain automation, and Star Bazaar expansion, alongside a 1:2 bonus issue and a 6 dividend.
The International Olympic Committee (IOC) Executive Board has officially approved the qualification system for cricket at the LA Olympic 2028, marking the sport's return after 128 years. The event will feature men's and women's T20 competitions with six teams each.
The ICC has approved trialling the use of pink balls in Test matches to maximise play in bad light, along with allowing coaches on the field during drinks breaks. Cricket Canada has been suspended due to breaches of membership obligations.
Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.
Infosys' board has approved annual performance-based stock grants worth Rs 51.75 crore for Chief Executive Officer and Managing Director Salil Parekh, aligning with his tenure ending in March 2027.
India's market regulator, Sebi, has approved the re-introduction of open-market share buybacks through stock exchanges, effective August 1, 2026, alongside easing debt listing norms for RBI-regulated entities and simplifying rules for mutual funds and alternative investment funds.
Indian benchmark equity indices, Sensex and Nifty, ended lower after a five-day rally, with the Sensex dropping 607 points and the Nifty falling to 24,013.10. The decline was primarily driven by heavy selling in IT firms following Accenture's trimmed revenue guidance and renewed geopolitical uncertainty, specifically the postponement of US-Iran negotiations.
A CPI(M) worker in Kerala has been booked for allegedly installing a flex board expressing support for Congress leader KC Venugopal in the Kerala Chief Minister race, sparking a political row.
The National Stock Exchange (NSE) is expected to file its preliminary IPO papers with Sebi next week, marking a significant step forward for the long-awaited public offering which has been delayed for nearly a decade due to regulatory issues.
The Reserve Bank of India has approved a three-month extension for Keki Mistry as the interim chairman of HDFC Bank, continuing his tenure until September 18, 2026, or until a regular chairman is appointed.
The Securities and Exchange Board of India (Sebi) has proposed allowing celebrity endorsements for its regulated entities like AMCs and stock brokers, but only at the brand level, not for specific products or services, as part of a major overhaul of advertisement codes.
NSE's draft prospectus discloses a legal dispute over 5,000 shares allegedly transferred by mistake into an individual investor's demat account.
Reigning world champions India, Britain, South Africa and hosts United States are set to feature in the men's Twenty20 competition when cricket returns to the Olympics at the 2028 Games in Los Angeles following a qualification pathway approved by the International Olympic Committee (IOC).
The Reserve Bank of India (RBI) is set to revise its directives for bank boards, aiming to alleviate operational burdens and enable them to concentrate on crucial policy and strategic decision-making, thereby enhancing corporate governance in the Indian banking sector.
The board of Reliance Industries Ltd on Thursday approved issuing 1:1 bonus shares -- the first bonus issue in seven years. Reliance, the nation's most valuable company, had last issued bonus shares in September 2017.
The Reserve Bank of India (RBI) has granted approval for UAE-based Emirates NBD (ENBD) PJSC to acquire up to a 74 per cent stake in RBL Bank for $3 billion, marking the largest foreign investment ever in a domestic Indian bank.
The Securities and Exchange Board of India (Sebi) has implemented a fast-track mechanism for Alternative Investment Funds (AIFs), allowing scheme launches after 30 days of filing, aiming to reduce timelines and accelerate capital deployment.
Vijay Deverakonda, Tilak Varma, Mohammed Siraj among others receive TCA legal notice over alleged TG20 association
A light sport aircraft crashed into Beijing's Citic Tower, the city's tallest skyscraper, prompting immediate evacuations. The incident occurred despite stringent airspace regulations in the Chinese capital, with details on casualties and the aircraft's origin still unclear.
Prime Minister Narendra Modi is set to meet secretaries of key Union ministries and departments to review their performance, focusing on ease of living, ease of doing business, and 'Atmanirbhar Bharat' initiatives, amidst strong speculation of an impending Cabinet reshuffle.
The International Olympic Committee (IOC) has introduced a new "Strategic Dialogue" phase in its host selection process for the 2036 Olympic Games, aiming for greater transparency and cost control. This new phase will impact India's bid, with the final host decision expected in mid-2029.
A light sport aircraft crashed into Beijing's Citic Tower, the city's tallest skyscraper, causing an immediate evacuation and scattering debris. The incident, which occurred in the prominent business district, has raised concerns, with authorities yet to comment and the origin and circumstances of the crash remaining unknown. The aircraft was identified as a Sunward SA60L Aurora, and the crash highlights recent stringent regulations on recreational flying in Beijing's airspace.
Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has approved filing draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares, aiming to unlock value for shareholders and fuel its ambitious expansion into 5G, AI, and global markets.
The Bombay High Court has approved the removal of mangroves for the Vadhvan Port Project in Palghar, Maharashtra, citing its public importance and economic significance. This clearance paves the way for accelerated execution of the Rs 76,220 crore project, which aims to position India among the top 10 container port nations globally.
'...A new challenge has emerged in the form of Mythos.'
While opening new accounts, banks can check if the name appears in any mule data. In case it does, the bank can conduct enhanced due diligence.
The Indian government has ratified an 8.25 per cent interest rate on Employees' Provident Fund (EPF) deposits for the financial year 2025-26, with over seven crore contributing members expected to see this credited to their accounts this month.
Pakistan's cricket selectors have opted for a significantly revamped pace attack for the upcoming two-Test series against the West Indies. Key players like Shaheen Shah Afridi, Hasan Ali, Naseem Shah, and veteran spinner Nauman Ali have been dropped, making way for a mix of experienced and uncapped bowlers. This decision aims to build a squad better suited for Test cricket and future tours.
Many students who do well in the NEET exams miss out on a medical seat because they didn't get their documentation in order. You don't want to be that student, says Ashok Hegde.
Hydrogen fuel cell technology generates electricity through a chemical reaction using hydrogen, with water vapour as the only emission, making it a cleaner alternative to conventional fossil fuel-based traction systems.
A swipe of liner, a wash of shimmer or a smudged kohl can completely change your face. If you're looking to switch up your beauty routine, these celebrity-approved eye looks deserve a spot on your mood board.
As Shastri Bhawan nears demolition, one of Delhi's most iconic government buildings leaves behind six decades of stories, power, journalism and public life.
A senior official of the Maharashtra education board was arrested by the Anti-Corruption Bureau (ACB) for accepting a bribe from a contractor in Navi Mumbai.
The International Cricket Council has suspended Canada over breaches of the national board's membership obligations, weeks after the global governing body's anti-corruption unit launched an investigation into Cricket Canada.
Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.
Fintech unicorn Razorpay has confidentially filed draft documents with SEBI for an Initial Public Offering, with market sources estimating the issue size between Rs 5,000-6,000 crore. This move comes as a rival firm, PhonePe, has paused its IPO plans.
The Reserve Bank of India (RBI) has announced a record surplus transfer of Rs 2.87 trillion to the central government for FY26, driven by increased income and an expanded balance sheet, despite a reduction in the contingent risk buffer (CRB) to 6.5 per cent.
The 2027 ICC Men's ODI World Cup is provisionally scheduled to be held from October 4 to November 21 across South Africa, Zimbabwe and Namibia, according to a report by ESPNcricinfo.
