Tata Trusts’ decision not to extend Mehli Mistry’s trusteeship has been contested before the Maharashtra Charity Commissioner, according to sources cited by NDTV Profit. The dispute comes amid a power struggle within the nonprofit organization, which collectively holds about 66% of Tata Sons. Last week, the tension escalated when Chairman Noel Tata, along with trustees…
Lenskart Solutions Ltd, an eyewear retailer, received a positive response on the first day of its IPO, driven by strong interest from institutional and retail investors, with a Day 1 subscription of 1.13 times. The IPO, open from October 31 to November 4, is priced between ₹382 and ₹402 per share, valuing the company at…
India’s food delivery battle is intensifying, with the latest quarterly results highlighting the growing gap between Swiggy and Zomato. Swiggy reported a consolidated net loss of Rs 1,092 crore for Q2 FY26, up from Rs 626 crore a year ago, though slightly lower than Rs 1,197 crore in Q1. Its revenue rose 54% YoY to…
Infosys shares fell nearly 2% on Monday, even as broader markets remained firm, after the stock went ex-dividend for ₹23 per share. The IT giant had earlier announced the interim dividend along with its Q2 FY26 earnings, with the payout scheduled for November 7 for eligible investors. To qualify for the dividend, investors needed to…
Canara Robeco Asset Management Company Ltd.’s equity shares are set to debut on the Indian stock market today, October 16, 2025, following strong demand for its initial public offering (IPO). The IPO was open for subscription from October 9 to October 13, with allotment finalized on October 14. The shares will be listed on both…
India’s merchandise trade deficit widened to $32.15 billion in September, up from $26.49 billion in August, according to provisional data released by the commerce ministry on Wednesday. This marks the highest deficit since November 2024. During the month, exports rose slightly to $36.38 billion from $35.10 billion in August, while imports increased more sharply to…
After the bidding concludes and share allocations are announced, investors in the Tata Capital and LG Electronics IPOs are eagerly awaiting their listing dates. Applicants can check their allotment status online via the common BSE portal at bseindia.com/investors/appli_check.aspx. According to the BSE website, Tata Capital IPO is set to list today, October 13, 2025, while…
Gold prices on the MCX surged to new all-time highs on Wednesday, fueled by strong spot demand, positive global trends, concerns over the US government shutdown, and expectations of further rate cuts by the US Federal Reserve. MCX Gold crossed the ₹1,22,000 per 10-gram mark for the first time, reaching a peak of ₹1,22,829. MCX…
TVS Motor Company has introduced a new variant of the Raider in India, featuring several new additions without major mechanical or design changes. This updated model brings four unique features that set it apart from other 125 cc motorcycles in its segment. One key upgrade is the inclusion of dual disc brakes along with a…
The Education Ministry has directed its officials to use the Zoho Office Suite for all official documentation, marking a major step toward digital self-reliance. This move comes after Education Minister Dharmendra Pradhan endorsed Zoho’s messaging app, Arattari, aligning with the government’s Atmanirbhar Bharat initiative. A circular from the Department of Higher Education highlighted that adopting…
