Jindal Supreme IPO Day 2: Issue subscribed 31.50 times

The Hindu Business Line - Sep 17, 2026

Jindal Supreme’s ₹125-crore IPO receives bids for 29,60,44,868 shares against 93,99,600 shares on offer

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KDEM to host Mangaluru Technovanza on Sept 22-23

The two-day event will explore innovation, investment, skills, global partnerships and sustainable urban development in Mangaluru’s technology ecosystem

Godrej Wealth plans mutual fund business, targets ₹1 lakh crore AUM by 2031
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Godrej Wealth plans mutual fund business, targets ₹1 lakh crore AUM by 2031

The wealth management arm of Godrej Industries Group is expanding its offerings, targeting affluent and HNI clients through a broader investment platform.

6 mainboard IPOs make market debut: Rentomojo, Karamtara Engineering, LCC Projects list at strong premiums
Sep 17, 2026
6 mainboard IPOs make market debut: Rentomojo, Karamtara Engineering, LCC Projects list at strong premiums

Investors welcomed the new listings with enthusiasm, as LCC Projects led the pack with a notable 31.4% premium, while Rentomojo and Karamtara Engineering also showcased strong performances, signalling a robust appetite for IPOs despite mixed results from other debuts.

NSE enables India’s first tokenised corporate bond issuances
Sep 17, 2026
NSE enables India’s first tokenised corporate bond issuances

The issuances use Distributed Ledger Technology to represent and manage securities digitally, while using India’s existing digital settlement infrastructure

India’s municipal bond market gets SEBI push as urban funding needs rise
Sep 17, 2026
India’s municipal bond market gets SEBI push as urban funding needs rise

India is seeking to expand its municipal debt market as cities face substantial funding requirements for infrastructure development through fiscal year 2031

Rupee ends flat as RBI intervention, portfolio flows blunt Fed hike impact
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Rupee ends flat as RBI intervention, portfolio flows blunt Fed hike impact

The rupee closed at 95.93 against the dollar, barely changed from Wednesday’s close at 95.9550

Tata group shares rise after reports of fresh term for Chair Chandrasekaran
Sep 17, 2026
Tata group shares rise after reports of fresh term for Chair Chandrasekaran

Major Tata group stocks rose between ‌0.15% and 5%, led ‌by Tata ⁠Investment Corp. Tata Motors Passenger ⁠Vehicles rose 5%, while Tata Motors climbed 3%

Gold jewellery sector seeks MDR exemption on high-value UPI transactions
Sep 17, 2026
Gold jewellery sector seeks MDR exemption on high-value UPI transactions

S Abdul Nazar, State General Secretary of the Kerala Gold and Silver Merchants Association, said it would particularly impact small and medium enterprises

Coal ministry launches 16th round of commercial coal mine auctions
Sep 17, 2026
Coal ministry launches 16th round of commercial coal mine auctions

The latest auction round covers fully and partially explored mines across eight States, as the government seeks wider participation in coal mining.

Asian Games women’s cricket: Bangladesh advance without playing, Pakistan edge Thailand to reach semis
Sep 17, 2026
Asian Games women’s cricket: Bangladesh advance without playing, Pakistan edge Thailand to reach semis

Bangladesh advanced to the semifinals without playing their match. Pakistan secured their semifinal spot after a close match against Thailand. Their quarterfinal match was abandoned due to wet outfield conditions. Thailand posted ninety-one runs, and Pakistan chased it down with difficulty. Both teams now await their next opponents in the semifinals.

Psychology says people who love their afternoon nap may be responding to more than tiredness
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One person may be highly productive in the morning, take an afternoon nap and return to work feeling recharged. Another may avoid naps altogether because sleeping during the day makes them feel sluggish or disoriented. These different preferences reflect individual sleep patterns and responses rather than revealing a particular personality type.

‘Provocation’ could accelerate Taiwan reunification, retired PLA major general says
Sep 17, 2026
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34-year-old woman told Rs 9 crore sent to her from abroad was stuck at customs; she paid for its release, lost Rs 1.2 crore to fraud
Sep 17, 2026
34-year-old woman told Rs 9 crore sent to her from abroad was stuck at customs; she paid for its release, lost Rs 1.2 crore to fraud

A 34-year-old West Delhi woman allegedly lost around Rs 1.2 crore after fraudsters told her a diplomatic parcel containing £7 lakh was stuck at customs. The alleged scam continued for nearly a year, with fake bank, high commission and international officials demanding customs, tax and transaction payments while promising a parcel, cheque and bank transfer.

Up to 152X return! Rentomojo IPO delivers eye-popping gains to Nitish Mittersain, other early backers
Sep 17, 2026
Up to 152X return! Rentomojo IPO delivers eye-popping gains to Nitish Mittersain, other early backers

Rentomojo’s stock market debut has turned into a major windfall for early investors, with Nazara Technologies founder Nitish Mittersain set to clock a 152X return on his investment based on the IPO’s upper price band. Several other early backers, including Accel India, Madison India and Rajeev Chitrabhanu, are also poised to unlock multi-fold gains following the company’s listing on Thursday.

Govt should roll-back population control rules, incentives: EAC-PM Working Paper
Sep 17, 2026
Govt should roll-back population control rules, incentives: EAC-PM Working Paper

The paper, titled ‘the Ghost of Population Past’and co-authored by Sanjeev Sanyal, member of the Economic Advisory Council to the PM, Aakanksha Arora, director, EAC-PM and Virat Singh, consultant, EAC-PM, said there is no need for India to suppress the total fertility rate (TFR) any further else we risk falling into a low-fertility trap sooner, citing historical experience of other countries.

Govt should roll-back population control rules, incentives: EAC-PM Working Paper
Sep 17, 2026
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The paper, titled ‘the Ghost of Population Past’and co-authored by Sanjeev Sanyal, member of the Economic Advisory Council to the PM, Aakanksha Arora, director, EAC-PM and Virat Singh, consultant, EAC-PM, said there is no need for India to suppress the total fertility rate (TFR) any further else we risk falling into a low-fertility trap sooner, citing historical experience of other countries.

India secures 1.9 mt annual steel export quota from EU
Sep 17, 2026
India secures 1.9 mt annual steel export quota from EU

Indian steel exporters have begun shipping to the 27-nation bloc, with quota access already available following the EU regulation’s July 1 implementation

Road ministry lays out SOPs for removal of stray cattle from NHs and Expressways
Sep 17, 2026
Road ministry lays out SOPs for removal of stray cattle from NHs and Expressways

The standard operating procedures laid out by the ministry comes after the Supreme Court directive to the National Highways Authority of India (NHAI) in 2025 to devise a structured mechanism for the safe removal and coordination of stray animals on NHs and Expressways. As per the SOPs, the national highway agencies will be responsible for removal of stray cattle and other animals from NHs, and their transportation to a shelter or pound or gaushala, designated by the state government for the purpose as applicable while the state, district or local administration will be responsible for identification, establishment and maintenance of shelter or pound.

Road ministry lays out SOPs for removal of stray cattle from NHs and Expressways
Sep 17, 2026
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The standard operating procedures laid out by the ministry comes after the Supreme Court directive to the National Highways Authority of India (NHAI) in 2025 to devise a structured mechanism for the safe removal and coordination of stray animals on NHs and Expressways. As per the SOPs, the national highway agencies will be responsible for removal of stray cattle and other animals from NHs, and their transportation to a shelter or pound or gaushala, designated by the state government for the purpose as applicable while the state, district or local administration will be responsible for identification, establishment and maintenance of shelter or pound.

Gen Z asks one-day WFH, HR denies citing policy; what he did when company’s biggest client called at 10 PM left HR stunned
Sep 17, 2026
Gen Z asks one-day WFH, HR denies citing policy; what he did when company’s biggest client called at 10 PM left HR stunned

Gen Z employee was reportedly denied permission to work from home for one day but later questioned by HR after missing an urgent client call at 10 pm. He pointed out the contrast between the company’s refusal to offer remote-work flexibility and its expectation that he remain available beyond office hours, asking HR to clarify the after-hours requirements for his role.

TCS, Tata Chemicals, other group stocks zoom up to 14% on Tata Sons IPO nod, N Chandra’s term extension
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TCS, Tata Chemicals, other group stocks zoom up to 14% on Tata Sons IPO nod, N Chandra’s term extension

Tata Sons has granted Chairman N Chandrasekaran a five-year extension, setting the stage for the long-awaited initial public offering of the group. This announcement spurred a surge in several Tata group stocks, particularly Tata Chemicals and Tata Investment Corporation, which experienced significant price increases. This development follows the Reserve Bank of India's decision to deny the company's request to remain privately held.

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China’s growing number of people living alone is driving a $1 trillion singles economy, with businesses offering products and services tailored to solo consumers, from one-person meals and travel to pets, gaming and AI companions. The economy is likely to grow to $4 trillion by 2030. The trend is also reshaping spending habits, ageing concerns and China’s wider consumer market.

India-US tariff saga under Trump: A look at key turning points
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New U.S. tariffs and sanctions legislation create a new flashpoint for India-U.S. relations. Washington imposed tariffs on Indian goods, citing continued Russian oil purchases by New Delhi. The U.S. also proposed tariffs on countries reducing dependence on Russian energy sources. India warned that these actions could negatively impact bilateral trade and engagement. Both nations are working towards a limited trade deal and aim to double bilateral trade.

Modinomics at 76: The birthday cake, the candles and the numbers
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Prime Minister Narendra Modi turns 76 as he completes nearly 12 years in office, a period that has reshaped India’s economic landscape through infrastructure expansion, digitalisation, financial inclusion and policy reforms. While India has emerged as a major global economy, private investment, manufacturing depth and quality employment remain key unfinished parts of the economic story.

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Prime Minister Narendra Modi turns 76 as he completes nearly 12 years in office, a period that has reshaped India’s economic landscape through infrastructure expansion, digitalisation, financial inclusion and policy reforms. While India has emerged as a major global economy, private investment, manufacturing depth and quality employment remain key unfinished parts of the economic story.

Brookfield to invest up to $600 million in ACME Cleantech Ventures
Sep 17, 2026
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The investment will enable the development of green molecule projects as a scalable solution to help industries decarbonize their operations across Asia and Europe

From mountain fighters to Red Sea power: How the Houthis rose to control Bab el-Mandeb
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Yemen's Houthi group now controls the vital Bab el-Mandeb Strait. This group evolved into a formidable fighting force with Iranian support. They have disrupted vital shipping and struck critical oil facilities. Houthi missiles and drones have reached over 1,000 miles away. Their military tactics focus on infiltration and drone attacks.

84% of Indian small and medium enterprises plan to increase cybersecurity spending, but readiness gaps persist: Study
Sep 17, 2026
84% of Indian small and medium enterprises plan to increase cybersecurity spending, but readiness gaps persist: Study

A large majority of Indian small and medium enterprises (SMEs) are planning to increase their cybersecurity investments over the next 12-24 months, but gaps in preparedness, monitoring and skilled expertise continue to remain a challenge, according to a study by Tata Tele Business Services (TTBS) and CyberMedia Research (CMR).

India secures 1.9 MT steel export quota to EU, expects total access to reach 2.8 MT
Sep 17, 2026
India secures 1.9 MT steel export quota to EU, expects total access to reach 2.8 MT

India secured a 1.9 million tonne annual steel export quota to the European Union. Exporters anticipate an additional 0.9 million tonne from residual quotas. This agreement protects the EU's steel industry against global overcapacity issues. Indian steel exports will face the EU's Carbon Border Adjustment Mechanism. The pact is expected to be implemented next year after signing.

RBI withdraws $5.2 billion via first net open market debt sale in 9 years
Sep 17, 2026
RBI withdraws $5.2 billion via first net open market debt sale in 9 years

The Reserve Bank of India has taken steps to absorb liquidity from the banking sector by selling bonds worth 500 billion rupees. This strategic move included the sale of securities with maturation dates slated between fiscal 2029 and fiscal 2032, marking the first net sale since November 2017. Consequently, an amount equivalent to nearly 0.2% of total deposits has been withdrawn from circulation.

Finance Ministry rejects US pressure claims over new UPI MDR, says RuPay has no special edge
Sep 17, 2026
Finance Ministry rejects US pressure claims over new UPI MDR, says RuPay has no special edge

India's Finance Ministry rejects claims of US influence on UPI payment charges. The new framework prioritizes RuPay credit cards for UPI transactions. This move aims to foster domestic competition and create a sustainable revenue model. Small merchants and certain transactions will remain exempt from the new charges. The government emphasizes protecting India's electronic payment ecosystem sovereignty.

Lebanon security talks in Paris focus on replacing UN mission
Sep 17, 2026
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Leaders from France, Lebanon, and Jordan met in Paris to discuss future support. They are planning a new force to replace the UN peacekeeping mission. This comes as the UNIFIL mandate concludes after nearly fifty years of operations. Lebanon seeks a European or other force to prevent a security vacuum.

How Fed rate hike can impact Bitcoin and other crypto investors
Sep 17, 2026
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The Fed’s rate hike could keep pressure on Bitcoin and other cryptocurrencies by raising the appeal of safer assets and limiting cheap funding. ETF outflows, tighter liquidity, inflation risks and potential further hikes may shape investor demand. For Indian investors, currency movements add another layer to Bitcoin’s dollar-price volatility.

Tata Sons approves five-year extension for N Chandrasekaran to prepare for IPO
Sep 17, 2026
Tata Sons approves five-year extension for N Chandrasekaran to prepare for IPO

Tata Sons' board approved N. Chandrasekaran's reappointment as executive chairman for five years. The company also initiated plans for a potential public listing following regulatory directives. This decision reverses Chandrasekaran's earlier announcement about not seeking another term. The listing follows the RBI's rejection of Tata Sons' request to exit shadow banking regulations. This move prepares Tata Sons for significant structural changes and a new operational phase.

Homebuyers remain bullish on real estate despite rising prices; premium homes, new launches gain traction: Anarock survey
Sep 17, 2026
Homebuyers remain bullish on real estate despite rising prices; premium homes, new launches gain traction: Anarock survey

Anarock’s H1 2026 survey shows homebuyers remain committed to residential property despite rising prices, with growing preference for larger homes, premium housing, new launches and established developers, while resale and rental potential are gaining importance.

SEBI F&O settlement tweak may cut reliance on closing auction, says Kotak
Sep 17, 2026
SEBI F&O settlement tweak may cut reliance on closing auction, says Kotak

Brokerage says blended 40-minute trade pool could help, but cash-market depth still needed to make CAS robust

AITUC calls for periodic revision of wage ceiling under EPFO
Sep 17, 2026
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A day after the government announced a revision in wage ceiling under the Employees’ Provident Fund Organisation (EPFO) to Rs 25,000 per month from Rs 15,000, the All India Trade Union Congress (AITUC) AITUC demanding the wage ceiling to be fixed at Rs 30,000 per month to keep pace with increase in workers’ earnings.

Pakistan to seek bigger China swap line as $30 billion facility nears renewal
Sep 17, 2026
Pakistan to seek bigger China swap line as $30 billion facility nears renewal

Pakistan plans to request an increased swap line with China upon its 2027 expiration. The nation anticipates a U.S. response regarding a proposed $10 billion stabilization facility soon. Discussions are ongoing with U.S. entities for potential aircraft and refinery financing. Pakistan navigates elevated crude oil prices due to Middle East conflict concerns. The government currently sees its financial situation as manageable without additional IMF support.

Kiran Bedi moves Delhi HC in Satya Niketan building collapse case, Centre opposes
Sep 17, 2026
Kiran Bedi moves Delhi HC in Satya Niketan building collapse case, Centre opposes

Retired IPS officer Kiran Bedi approached the Delhi High Court seeking intervention. She wishes to be a party in the Satya Niketan building collapse case. This incident tragically resulted in seven fatalities and several injuries. Authorities opposed her application and requested time to file objections. The court granted them three days to respond to Bedi's plea.

Kiran Bedi moves Delhi HC in Satya Niketan building collapse case, Centre opposes
Sep 17, 2026
Kiran Bedi moves Delhi HC in Satya Niketan building collapse case, Centre opposes

Retired IPS officer Kiran Bedi approached the Delhi High Court seeking intervention. She wishes to be a party in the Satya Niketan building collapse case. This incident tragically resulted in seven fatalities and several injuries. Authorities opposed her application and requested time to file objections. The court granted them three days to respond to Bedi's plea.

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