Orkla India IPO opens tomorrow: GMP remains strong above Rs 100. Check price band, key dates and listing details
Orkla India’s Rs 1,667 crore IPO opens October 29, 2025, with a grey market premium of Rs 106 per share, indicating a potential 14.5% listing gain. The 100% Offer for Sale will see existing shareholders monetize holdings, with shares expected to list on November 6, 2025.
Emirates NBD launches Rs 11,636 crore open offer for 26% in RBL Bank
Emirates NBD, Dubai’s largest bank, launched an open offer to acquire 26% of RBL Bank at ₹280 per share, following its ₹26,853 crore strategic investment. The combined ₹38,000 crore deal marks India’s biggest FDI in financial services and a historic foreign acquisition of a private lender.
PSU banks to see up to $4 billion inflows if FII limit gets hiked: Report
India’s PSU banks may receive up to $4 billion in passive inflows if the government raises the foreign institutional investment limit to 49%, according to Nuvama Institutional Equities. The move could drive strong rallies in key lenders like SBI, PNB, and Indian Bank, with expectations already boosting valuations.
Inside the Trump family’s global crypto cash machine
Ethics experts said the U.S. president’s family crypto initiatives create an unprecedented conflict of interest
Signature Global raises Rs 875 crore from IFC to retire debt, buy land
Signature Global raised Rs 875 crore through NCDs from IFC, using over half to retire debt and the rest for Sohna land acquisition. The A+ rated NCDs mark its first listed debt issue, reflecting strong ESG focus and sustainable growth plans.
NIIT Q2 Results: Profit falls 88% to Rs 1.37 crore; revenue rises 15.6%
Skills and talent development firm NIIT Ltd on Tuesday posted 88.4 per cent decline in consolidated net profit at Rs 1.37 crore for September quarter FY26, although revenues rose by 15.6 per cent.
CarTrade Tech Q2 profit more than doubles, stock surges 18% to all-time high
CarTrade Tech shares jumped 13% to a 52-week high of ₹3,008.95 after the company’s Q2 net profit more than doubled to ₹64.1 crore, up 109% YoY and 36% QoQ, driven by strong revenue growth and improved margins.
Nifty consolidates between 25,700–26,100; Tata Steel, IIFL among top picks: Vinay Rajani
Indian markets experienced a volatile trading session. The Nifty index is currently consolidating between 25,700 and 26,104. Analysts suggest a cautious approach, focusing on outperforming sectors like metals and PSU banks. Specific stock recommendations include Tata Steel and IIFL. Investors are advised to monitor the rupee’s movement against the dollar closely.
Auto sector enters long-term growth cycle; M&M, Maruti, Bajaj Auto among top picks: Sandip Sabharwal
Market expert Sandip Sabharwal sees the current consumption slowdown as a temporary phase, calling it the “worst quarter of bad results” and an opportune time to buy. He anticipates a strong revival in consumption and believes the auto sector has entered a long-term growth cycle.
Inside Lenskart growth before IPO: Promising earnings at first glance or accounting gimmick?
Lenskart’s FY25 profit of Rs 297 crore marks a sharp turnaround from a loss a year earlier, but much of the jump stems from a one-time accounting gain linked to its Owndays acquisition. Adjusted profits are closer to Rs 130 crore, analysts say, warning that thin margins and premium IPO valuations leave little room for […]