Jio Platforms' initial public offering has garnered an overwhelming institutional demand of approximately Rs 2.5 lakh crore, significantly exceeding its Rs 8,110-crore anchor book, with global and domestic investors vying for a stake in the Reliance Industries subsidiary.
Jio Platforms Ltd's Rs 30,213-crore initial public offering was subscribed 3.01 times, attracting approximately Rs 66,500 crore in public bids, with qualified institutional buyers oversubscribing their portion by 9.02 times, while retail investor demand remained under-subscribed at 0.68 times.
Luxury hotels in Delhi are experiencing a significant room crunch and a sharp increase in tariffs ahead of the BRICS Summit. Many marquee properties show no availability or are quoting rates exceeding six figures per night around the September 12-13 event, highlighting a gap in India's hospitality infrastructure.
Jindal Supreme (India) Ltd's initial public offering, a manufacturer of plastic piping solutions, was subscribed an astounding 181.07 times on its final day, reflecting robust investor demand across all categories.
Volkswagen, a long-standing but minor player in India's fiercely competitive automotive sector, is now exploring a strategic partnership with the JSW group, aiming to revitalise its market presence, enhance profitability, and potentially establish India as a key export hub for electric vehicles.
Jio Platforms, the digital arm of Reliance Industries Ltd (RIL), is launching its initial public offering (IPO) with a price band of 1,065-1,119 a share, aiming to make RIL a net-debt-free company and create long-term shareholder value.
Pat Cummins has played down concerns Usman Khawaja's autobiography could reopen Sandpapergate, saying the 2018 scandal was dealt with.
Corporate leaders' half-life has shrunk over the past few decades. That is the Tata experience as well. Over 144 years till 2012, Tata Sons had just five chairmen. However, in the 15 years till 2027, the same group will see three, points out R Gopalakrishnan.
Jio Platforms Ltd's Rs 30,213-crore initial public offering (IPO) achieved full subscription within 100 minutes of opening, making it the fastest among India's mega issues, surpassing previous records set by companies like Reliance Power.
Ramlila Maidan, recently designated as one of Delhi's new protest sites, is proving to be a costly and difficult option for demonstrators. With no free dates for the next two and a half months and booking fees exceeding Rs 1 lakh, it contrasts sharply with the previously free Jantar Mantar. The ground, rich in political history, also poses logistical challenges due to its busy commercial location and impact on traffic.
Akash Ambani is leading Jio Platforms' initial public offering (IPO), set to be India's largest, with a strategy that includes appealing to regional investors and drawing parallels to his grandfather Dhirubhai Ambani's historic public listing of Reliance Industries.
Marchers would walk four or five abreast through one side of the main Mahatma Gandhi Road, holding red or white banners that stretched from one end to the other, shouting slogans, calling upon passers by, including employees watching from the offices that line the road, to join (Dekhta kya/Shaamil ho), recalls Jyoti Punwani.
'... but runs with the rigour and discipline of a large enterprise.'
England delivered a stunning 7-0 victory over Croatia, with Harry Kane and Bukayo Saka each scoring twice, while Spain maintained their perfect record in the Nations League with a 3-1 win against the Czech Republic. Both teams showcased dominant performances in their respective matches.
The Cockroach Janta Party (CJP) and various student organisations have called for a united protest on October 10 against Chief Election Commissioner Gyanesh Kumar. They demand his resignation and an overhaul of the electoral system, describing the confrontation as a fight for democracy against the BJP. The groups are seeking to sustain street pressure, following a previous agitation that led to a minister's resignation.
Cody Gakpo scored a stoppage-time equaliser for the Netherlands, securing a 1-1 draw against Germany in their Nations League opener, spoiling Juergen Klopp's debut as Germany's coach. Other Nations League matches saw Erling Haaland lead Norway to victory over Denmark, Portugal defeat Wales, and Greece snatch a late win against Serbia.
In a shocking incident from Gujarat's Surendranagar, a woman was forced by her husband and others to undergo a 'punishment-cum-purification ritual' involving sexual assault by her live-in partner. Police revealed the husband had previously chained her to prevent her from fleeing. Ten people, including the husband and the woman's stepson who uploaded a video of the incident, have been arrested. The accused claimed this was a 'common practice' in their community for eloping women.
MPSC aspirants in Maharashtra have ended their 10-day protest after the state government formed a committee, led by ex-judge Dilip Bhosale and senior IAS officer Tukaram Mundhe, to investigate alleged irregularities, including paper leaks, within the recruitment body. Following this, MPSC Chairman Vivek Bhimanwar announced he has proceeded on leave until the inquiry is completed.
Easing Gyanesh Kumar out would create a hazardous political precedent because forcing out a top official, due to public pressure, projects an image of reactive, defensive governing. Furthermore, making a high-level official like the CEC to hand in his papers would validate Opposition claims that Constitutional referees have been compromised, observes Nilanjan Mukhopadhyay.
Nikhil Chaudhary, who once dreamt of an IPL contract and playing for Punjab, made his international debut for Australia in a T20I against Bangladesh in June, a turn of events he describes as his "life's biggest moment" after being stranded in Australia during the 2020 Covid-19 lockdown.
India's Quimcy Joaquim Dsouza has reached the women's singles semifinals in Teqball at the Asian Games, putting her one win away from securing the country's first-ever medal in the sport. She topped her group after defeating Japan's Yuina Sakamoto and Cambodia's Koemyean DY. The Indian mixed doubles pair of Quimcy and Mohammed Anas Imran Beg also remain in contention for a medal through the repechage round despite an earlier quarterfinal loss. Teqball is making its debut at the Asian Games.
'...because of the character, how it was to be portrayed, the speech, the scenes.' 'There was a physicality involved because he was a TB patient who eventually had cancer and passed away.'
From Azhar and Sanju to Thackeray and Swatantrya Veer Savarkar, Bollywood has often struggled to tell controversial true stories without turning their subjects into heroes.
For five Mumbaikars who were teenagers or in their 20s during the 1980s, the decade was not a sepia-toned Instagram filter. It was their everyday life, they tell Rediff's Rishika Shah. And while they remember its limitations, what they seem to miss most is something technology can't recreate -- the unhurried warmth of human connection.
The refreshed Brezza will target first-time, replacement and additional-car buyers as Maruti responds to changing preferences and intensifying competition in compact SUVs.
As international investigations intensify into the mid-air security scare aboard the Flydubai flight, Israel's i24 News reported that an Emirati source has revealed that among the belongings of the Omani co-pilot were leaflets and publications from "Free Palestine" groups, alongside pro-Palestinian material.
Archery emerged as one of India's biggest success stories at the 2026 Asian Games, bringing in as many as five gold medals led by 17-year-old sensation Kumkum Mohod leading the way.
HarperCollins India has announced the publication of Congress leader Sonia Gandhi's memoir, "Belonging: A Journey of Love," in India on November 10. The highly anticipated book will offer insights into her personal life and India's political journey, covering her childhood, marriage into the Nehru-Gandhi family, and entry into politics.
India's Shafali Verma has become the fastest and youngest player to reach 3,000 runs in Women's T20 International cricket during a match against Pakistan in Dubai.
Apple has increased the starting prices of MacBook and iPad models by 20-42 per cent compared to their launch prices across the globe, including India, mainly due to higher memory chip costs. The new price list on Apple India's website shows that the company has increased the price of the MacBook Pro built on the M5 series chip by about 20 per cent.
Jay Meena has won India's first-ever soft tennis medal at the Asian Games, securing a bronze after a hard-fought semifinal loss to Japan's Takuya Kurosaka. This achievement marks a significant milestone for Indian soft tennis.
Indian athletes Baranica Elangovan, Gulveer Singh, and Manpreet Kaur secured historic medals at the Asian Games. Elangovan clinched India's first-ever pole vault medal with a bronze, while Singh became the first Indian to win two 10,000m medals, earning a silver. Kaur redeemed herself with a shot put bronze, contributing to India's growing athletics medal tally.
'Separate needs from wants and minimise discretionary spending.'
Accel's early investment in RentoMojo, a furniture and appliance rental platform, has paid off handsomely with the company's strong debut on the stock exchanges, listing nearly 19 per cent above its issue price after a significantly oversubscribed IPO.
'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'
The ruling does not mean developers must always pay stamp duty. The liability depends on the applicable law and contractual terms.
Students and political parties in Odisha are protesting widespread errors in school textbooks, demanding the resignation of School and Mass Education Minister Nityananda Gond. The CJP has extended support to the Navnirman Yuva Chhatra Sangathan's 'satyagraha', while the state government has begun distributing corrected textbooks.
Did love make Bhagat Singh a weaker revolutionary? In a heated argument once, Sukhdev accused him of allowing his fascination with a woman to come in the way of revolutionary duty. Bhagat Singh's answer, in a letter days later, was a defence of love as a revolutionary's strength, not a weakness. On Bhagat Singh's 119th birth anniversary, Utkarsh Mishra looks at the friendship, arguments and ideas that bound him and Sukhdev together.
'China wants to control and divert rivers.'
Foreign institutional investors have withdrawn nearly $40 billion from Indian equities in the last two years and, according to Bernstein analysts, have 'little reason' to invest for the long-term, though they may 'return to trade'. The brokerage highlights challenges such as struggling large-caps, disruption from new technologies, and difficulties accessing small- and mid-caps (SMIDs) at an institutional scale.
