In a spectacular stock market debut, shares of LG Electronics India Ltd., a maker of consumer electronics and home appliances, were listed at a 50% premium to the IPO issue price. In comparison to the upper band of the IPO’s price range of Rs 1,140 per share, the stock started at Rs 1,715 per share…
Post Office Savings Bank (POSB) and Employees’ Provident Fund Organization (EPFO), two state-owned organizations vital to India’s social safety net, may fall under the purview of the Reserve Bank of India. The government has written separately to the nation’s top banking regulator, requesting a supervisory intervention in both. Regarding the Department of Posts, the letter…
Canara Robeco Asset Management Company (AMC) Limited’s IPO opened on 9 October 2025 and will close on 13 October 2025, giving investors just one day left to apply. The price band is set between ₹253 and ₹266 per share, with the company aiming to raise ₹1,326.13 crore entirely through an offer for sale (OFS). The…
After two Air India Boeing 787-8 planes encountered technical issues in under a week, the Federation of Indian Pilots (FIP) called on the Ministry of Civil Aviation (MoCA) to ground all Air India Boeing 787 aircraft for comprehensive electrical system inspections and to initiate a special audit of Air India aircraft maintenance. In a letter…
Nissan Motor India has unveiled the All-New Tekton, its upcoming C-SUV designed to appeal directly to consumer preferences for style, comfort, and advanced technology. Drawing inspiration from the legendary Nissan Patrol, the Tekton combines bold design, premium craftsmanship, and modern features tailored to meet the expectations of Indian buyers. The name “Tekton,” meaning “craftsman” or…
JM Financial, a domestic brokerage firm, has reaffirmed its ‘Buy’ recommendation for Eternal (formerly Zomato) and has set a revised target price of Rs 400 per share. This indicates a possible increase of more than 15 percent from the present market price of Rs 345.50. The brokerage increased its target, referring to robust and enhancing…
Tata Capital Limited’s initial public offering (IPO) opened in the Indian primary market on October 6, 2025, and will be available for bidding until October 8, 2025. This gives interested investors just one more day to participate. The Tata Group’s NBFC arm has set the IPO price band between ₹310 and ₹326 per share. The…
The Tata Nexon, India’s leading sub-compact SUV, has received a significant price reduction following the recent GST cut, just before the festive season. This move is expected to increase its popularity among buyers. The price cuts range from ₹68,000 to ₹1.55 lakh depending on the variant, with new prices effective from September 22. Now, the…
The Reserve Bank of India (RBI) stated in an article on Wednesday that the Goods and Services Tax (GST) reforms will lower retail prices and enhance consumption in the country.Beginning on September 22, the government implemented a two-slab tax structure of 5 percent and 18 percent, eliminating the previous four-rate system.According to the RBI’s ‘State…
Bharat Sanchar Nigam Limited (BSNL), in partnership with Tata Consultancy Services (TCS), C-DOT, and Tejas Networks, today launched the Bharat Telecom Stack, India’s first fully indigenous 4G network. The rollout expands connectivity to 26,700 additional villages, offering consumers faster, more reliable internet for online education, telemedicine, digital payments, e-commerce, and e-governance services. Executed as a…
