The initial public offering (IPO) of e-commerce enablement platform Shiprocket Ltd was subscribed an impressive 99.38 times on its final day of bidding, attracting bids for over 9.38 billion shares against 94.43 million on offer.
E-commerce enablement platform Shiprocket Ltd saw its shares list with a 35 per cent premium on its market debut, trading at Rs 129.50 on the BSE and Rs 131 on the NSE against an issue price of Rs 97, achieving a market valuation of Rs 9,901.60 crore.
Chief Justice of India Surya Kant urged national law universities to proactively lead the integration of technology into the legal system, rather than merely reacting to changes. Speaking at a conclave, he stressed the importance of incorporating academic integrity and responsible AI use into the curriculum, rejecting outright bans on generative AI. The CJI highlighted that law schools must prepare graduates to critically engage with technological tools, ensuring justice, fairness, and human judgment remain central to the evolving legal landscape.
The Maharashtra Association of Resident Doctors (MARD) has launched an indefinite statewide strike, protesting the government's decision to allow homoeopaths to register under the Maharashtra Medical Council (MMC) and prescribe allopathic medicines after a six-month course.
High memory costs have driven average mobile phone prices up by 15 per cent.
A massive fire at a bed-and-breakfast hotel in Delhi's Malviya Nagar killed 21 people, with residents alleging a delayed response from fire tenders, which the Delhi Fire Service denies. Police personnel were also injured during rescue efforts.
Aditya Birla Capital has entered the gold loan business, aiming to establish 1,000 branches within three years, capitalising on the strong structural growth and surge in demand for gold-backed credit in India.
A study by Amazon Ads reveals that nearly 87% of Indian small and medium businesses (SMBs) believe AI has opened up new advertising opportunities, including streaming TV. The research indicates that 75% of surveyed SMBs attribute business growth to AI-enabled advertising, with 68% noting increased creativity. AI is also facilitating international trade for 59% of businesses, though human oversight remains crucial in decision-making.
The Income Tax Department in Mumbai has inducted 97 accomplished sportspersons under its sports quota, including cricketer Tejal Hasabnis and para shooter Akash, to strengthen its commitment to recognising sporting excellence and nurturing talent in public service.
Pakistan is set to bestow its highest civilian honour, Nishan-e-Imtiaz, upon two Mumbai-based Parsi doctors. The award recognises their crucial role in maintaining the secrecy surrounding Muhammad Ali Jinnah's terminal illness, a secret that a federal minister suggests was pivotal in the creation of Pakistan.
Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.
Indian all-rounder Mahipal Lomror has signed with Surrey for the remainder of the County Championship season. He becomes the second player from Rajasthan to join the English side this season, filling a gap left by injuries and international call-ups.
A viral video showing a woman tourist complaining to security personnel at a Ladakh checkpoint has ignited widespread criticism from military veterans. The woman's tirade, allegedly over vehicular movement restrictions, has been condemned as disrespectful to soldiers and ignorant of the region's security sensitivities.
Former Pakistan fast bowler Sohail Khan has criticised the current generation of pacers for their lack of skill development, attributing it to Pakistan's decline in Test cricket. He emphasised the importance of artful bowling over mere speed and highlighted how T20 cricket and internal politics are hindering player development.
'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'
Indian listed companies experienced their fastest revenue growth in 15 quarters during Q1FY27, with combined net sales rising 18.4% year-on-year, while net profit grew 16%, primarily driven by mining, metals, and banking sectors, despite a contraction in operating margins due to higher input costs.
Meghalaya is experiencing escalating tensions marked by arson and petrol bomb attacks on government properties, following violence during a Khasi Students' Union rally. The incidents are linked to an inter-state taxi standoff with Assam, leading to deployment of central forces and calls for peace from chief ministers.
A constable in Uttarakhand's Pithoragarh district, Sher Singh, has been dismissed from service for participating in a political demonstration in New Delhi and violating service rules. A departmental inquiry found him guilty of gross misconduct. Singh had previously gone viral for alleging corruption in state recruitment exams and was already suspended for unauthorised absence, besides being named in a land-grabbing FIR.
Google Cloud services in major Indian cities, including Delhi, Mumbai, and Chennai, are experiencing network disruptions and elevated latency following a fire at a third-party data centre facility in the national capital, which necessitated an emergency power shutdown.
A US appeals court has upheld a $562.5 million arbitral award, which has grown to over $2 billion with interest, in favour of Devas Multimedia against Antrix Corporation, the commercial arm of ISRO, ruling that US courts have jurisdiction despite Antrix being government-owned.
Indian benchmark indices, Sensex and Nifty, saw declines in early trade, influenced by rising crude oil prices and ongoing geopolitical tensions in West Asia. Experts suggest that crude oil remains a primary concern, with Brent holding near USD 88 a barrel due to renewed US warnings against Iran, embedding a geopolitical risk premium in energy markets. Track Sensex, Nifty
Congress leader Rahul Gandhi urged girl students to "smash patriarchy" and criticised the "Manusmriti mindset" during an interaction in Pune, highlighting issues of sexual harassment, safety, and economic independence for women.
India's Treesa Jolly and Gayatri Gopichand staged a remarkable comeback victory in the women's doubles quarter-finals at the BWF World Championships 2026, defeating China's Jia Yifan and Zhang Shuxian to secure a semi-final spot and guarantee India a medal.
'Having analysed the break up of the hospital billing structure the committee believes that rationalising of room charges needs to be done on an emergent basis.'
Tata Sons Chairman N Chandrasekaran has announced he will not seek reappointment when his current term concludes on February 20, 2027. This decision follows a lack of unanimous board support for his extension, despite recommendations from the majority shareholders, the Sir Dorabji Tata Trust and Sir Ratan Tata Trust. Chandrasekaran cited the need for leadership clarity amidst strategic projects and has requested the board to initiate a succession plan.
Tata Sons approached the RBI in 2024 seeking de-registration after becoming debt-free, a move that would allow it to remain a privately held, unlisted company. The application has remained pending.
Ladakh has approved a four per cent reservation for outstanding sportspersons in Group 'C' government jobs, becoming the first Union Territory in India to implement such a fixed quota. This initiative aims to provide financial security and career opportunities for talented athletes, fostering an ecosystem where sporting excellence is recognised and rewarded.
'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'
The Lok Sabha has passed a Bill to amend the Payment and Settlement Systems Act, 2007, authorising the government to permit banks and service providers to levy charges on UPI and other electronic payment modes. This move aims to create a sustainable revenue model for the digital payments ecosystem, shifting from the current exemption of UPI transactions from such charges.
Repeated increases in new luxury-car prices, driven partly by the rupee's depreciation against the euro, are expanding the market for certified pre-owned vehicles.
A devastating fire at a Kolkata hotel claimed nine lives, including a child and two women, in the early hours of Wednesday. Survivors recounted a terrifying experience, highlighting the absence of fire alarms and safety equipment, and the difficulty of escape due to dense smoke and a single exit. This incident follows another fatal hotel fire in Birbhum.
Maharashtra Transport Minister Pratap Sarnaik announced that autorickshaw and taxi drivers will be given an opportunity to learn Marathi before any action is taken against them for non-compliance with the language requirement. This move softens the state's earlier stance, which had evoked mixed reactions and concerns about livelihoods.
Jharkhand Loktantrik Krantikari Morcha (JLKM) leader Devendra Nath Mahto was allegedly prevented by police from joining a Tiranga Yatra while on his 14th day of an indefinite hunger strike against alleged irregularities in state recruitment examinations. Meanwhile, Chief Minister Hemant Soren assured the public that his government is committed to ensuring transparency in examinations conducted by the JPSC and JSSC.
Savita Punia's journey from a shy youngster dependent on her mother to a confident veteran goalkeeper and mentor reflects hockey's profound impact on her life.
A devastating fire in a five-storey building housing multiple hotels in central Kolkata resulted in the deaths of at least nine people, including a child, and injured six others. Firefighters rescued 80 individuals, but dense smoke hampered operations. Authorities suspect a short circuit and allege significant safety and construction norm violations by the building management. The owner is currently absconding, and police have initiated legal proceedings and raids.
N Chandrasekaran, the current Chairman of Tata Sons, has announced he will not seek reappointment when his term concludes on February 20, 2027, following a lack of unanimous board support for his extension.
Microsoft has announced the activation of its latest data centre in Hyderabad, significantly expanding its Cloud infrastructure in India and enabling organisations to leverage AI-era services with enhanced local choice and security.
Police have granted permission for Congress leader Rahul Gandhi's 'Chhatron Ki Goonj' event in Pune, but with 30 stringent conditions, including prohibitions on 'objectionable' banners and directives to avoid hurting religious sentiments.
Indian benchmark indices, Sensex and Nifty, experienced significant declines, with the Sensex falling 493 points and the Nifty dropping for the sixth consecutive day, primarily due to elevated crude oil prices reaching USD 91 per barrel and diminishing hopes for a diplomatic resolution in West Asia.
Clashes erupted between police and students in Jharkhand protesting alleged irregularities in recruitment exams, even as the high court provided interim relief by staying notifications cancelling appointments for Child Development Project Officers and those recruited through JSSC-CGL tests.
