Varmora Granito raises ₹212.4 crore from anchor investors ahead of IPO

The Hindu Business Line - Sep 21, 2026

The Rajkot-based tiles and bathware maker has set its IPO price band at ₹140-148 per share for the September 22-24 issue

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TN government’s rooftop solar subsidy to catalyse adoption but awareness is key
Sep 21, 2026
TN government’s rooftop solar subsidy to catalyse adoption but awareness is key

In an official notification recently, the State government approved a proposal to support rooftop solar installation with subsidies of ₹5,000, ₹10,000 and ₹22,000 for 1 kW, 2kW and 3kW systems respectively

China gets closer to Jupiter mission by bringing Nasa’s StarNAV concept to life
Sep 21, 2026
China gets closer to Jupiter mission by bringing Nasa’s StarNAV concept to life

Chinese researchers have tested a new way for spacecraft to navigate in deep space, putting a concept funded by Nasa into practice and paving the way for the country’s planned mission to Jupiter in 2030. Known as stellar aberration navigation, the approach uses tiny shifts in the relative position of stars to work out how fast a probe is moving and in what direction, allowing autonomous real-time navigation without constantly relying on tracking and commands from Earth. In a low-Earth-orbit...

Survey finds US public opinion shifting in favour of engagement with China
Sep 21, 2026
Survey finds US public opinion shifting in favour of engagement with China

On the eve of this week’s summit between US President Donald Trump and Chinese President Xi Jinping, Americans feel better about China, according to a poll released on Monday. They see Beijing as less of a threat, are less supportive of Taiwan and are more likely to favour engagement over containment than last year or in 2024, when views hit an all-time low. As with almost everything in the US these days, the Chicago Council on Global Affairs survey revealed a partisan divide. And while the...

NSE’s options-heavy revenue mix in focus ahead of listing
Sep 21, 2026
NSE’s options-heavy revenue mix in focus ahead of listing

Weekly index options alone contribute 46% of operating revenue; lower volumes and BSE’s gains add to the pressure

HEG Advanced Materials surges 15% in 3 sessions on ₹218 crore order win
Sep 21, 2026
HEG Advanced Materials surges 15% in 3 sessions on ₹218 crore order win

Last week, the company announced that its subsidiary, Replus Engitech, received orders from Indus Towers to supply lithium-ion battery banks

NSE IPO subscribed 5.7 times as QIBs lead demand; shares to list on BSE on Sep 24
Sep 21, 2026
NSE IPO subscribed 5.7 times as QIBs lead demand; shares to list on BSE on Sep 24

NSE IPO receives bids for 50.40 crore shares against 8.86 crore shares offered

Vedanta Aluminium emerges as second-largest SEZ goods exporter
Sep 21, 2026
Vedanta Aluminium emerges as second-largest SEZ goods exporter

It contributed $3.5 billion in exports in 2025-26, that translates to 6% of India’s total SEZ goods exports, says the company

Nifty rises for fourth straight session as easing crude oil prices lift sentiment
Sep 21, 2026
Nifty rises for fourth straight session as easing crude oil prices lift sentiment

Nifty 50 ends at 23,414.30, up 0.29%, while Sensex gains 0.76% to close at 74,858.99

Former top PLA generals expelled from Communist Party for factionalism and disloyalty
Sep 21, 2026
Former top PLA generals expelled from Communist Party for factionalism and disloyalty

The Communist Party accused former military leaders Zhang Youxia and Liu Zhenli of factionalism and disloyalty, expelling them from the party and the armed forces following a Politburo meeting on Monday, state media reported. Zhang was once a vice-chairman of the Central Military Commission (CMC) and the highest-ranking uniformed member of the Chinese military, second only to Chinese leader Xi Jinping. The CMC is China’s top military decision-making body. Zhang was also a member of the party’s...

Success of Trump-Xi summit lies in what happens afterwards
Sep 21, 2026
Success of Trump-Xi summit lies in what happens afterwards

Chinese President Xi Jinping is expected to meet US President Donald Trump in Washington this week, after the May talks in Beijing and before the November Apec summit in Shenzhen. This sequence of diplomacy will test if the commitment to building a “constructive China-US relationship of strategic stability” translates into practical arrangements. The Washington meeting faces clear limits. Differences over trade, technology, industrial policy, Taiwan and regional security are deeply embedded in...

Moneyview sets IPO price band at ₹32-34, eyes ₹750 cr fresh capital
Sep 21, 2026
Moneyview sets IPO price band at ₹32-34, eyes ₹750 cr fresh capital

IPO to open on September 24

Nearly half of Taiwanese lack confidence in US defence commitments, survey finds
Sep 21, 2026
Nearly half of Taiwanese lack confidence in US defence commitments, survey finds

Nearly half of Taiwanese lack confidence that Washington will continue military aid and arms sales to the island, a new survey shows. The results of the poll were released on Monday, ahead of this week’s summit between US President Donald Trump and Chinese leader Xi Jinping. The poll by Taiwan-based United Daily News found 47 per cent were not confident the United States would continue providing military assistance and selling weapons to Taiwan, slightly exceeding the 44 per cent who remained...

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