35 C 
Adani Ports executives settle Sebi proceedings in PMC Projects matter
APSEZ Managing Director Karan Adani and CFO B Ravi have paid Rs 13.65 lakh each under the settlement mechanism; Sebi has disposed of the adjudication proceedings
Godrej Properties sees 70 cr impact from Gurugram project settlement
Realty firm says disputes with Orris Infrastructure over Godrej Air have been amicably settled; actions under the settlement agreement are currently being implemented
Canara Bank to raise up to 4,500 crore via AT1 bonds next Wednesday
The Basel III-compliant perpetual bonds will have a call option after five years, while the coupon rate is expected to be in the range of 7.85-7.90 per cent
Hero Motors revives M&A plans, eyes tech acquisitions after IPO
This move not only supports the companys organic growth but also positions it for competitive advantage in the global market.
Sebi launches Demat 2.0 pilot for tokenised corporate bonds using DLT
Three companies have issued tokenised bonds worth Rs 1,025 crore so far; the pilot will test issuance, holding, trading and settlement using distributed ledger technology
Rupeeflo launches nuvanta to streamline cross-border investor onboarding
nuvanta supports over 14,000 document types and has verified 30,000+ documents to date
JSW Group and Volkswagen Group are reportedly negotiating a potential partnership in India focused on reducing costs and export access. JSW aims to cut production expenses by 50%, while Volkswagen assesses its decision-making authority in the joint venture.
EV start-up BGauss crosses 1 lakh sales, targets 50,000 units by FY27-end
Ram Ratna Group-backed electric two-wheeler maker BGauss has crossed 1 lakh cumulative retail sales and is targeting close to 50,000 units by the end of FY27 as it The company is set to launch the C12 MaxR and pushes for a place among Indias top five EV two-wheeler makers
Cement firms to invest 13,000 crore in green energy capacity by FY28
Major cement companies are expected to raise clean energy capacity to 6 GW by March 2028 from around 4 GW in March 2026, generating significant annual savings
Sebi launches Demat 2.0 pilot for tokenised corporate bonds
Sebi has launched Demat 2.0, a pilot for tokenised corporate bonds using distributed ledger technology and wholesale e-rupee settlement. REC, L&T and IIFL have raised Rs 1,025 crore, while future phases will enable trading and retail investor access in India.
Rally in oil prices continues to batter the INR
The Indian rupee slumped sharply on Thursday as Brent oil hit 104 and soaring nearly 15% since the start of September amid escalatory strikes between Iran and the US. INR depreciated 38 paise to close at 95.46 (provisional) against the US dollar. Brent crude breaching crucial levels are mounting concerns over the country's import cost trajectory. The domestic currency is currently facing opposing forces, with downside pressure driven by a resumption of foreign portfolio outflows, following positive flows in July and August and crude oil trading at elevated levels. At the interbank foreign exchange market, the rupee opened at 95.15 against the US dollar, then lost ground to close at 95.46 (provisional) against the American currency, registering a loss of 38 paise from its previous close. Local shares however fluctuated before ending slightly higher on Thursday. Benchmark indexes snapped a three-day losing streak even as Brent crude prices rose to reach their highest level since May, ..
Greaves overtakes Ola Electric, enters top five E2W makers in September
Greaves Electric Mobility recorded 2,645 registrations and a 4.6 per cent market share in the first nine days of September, moving ahead of Ola Electric
Welspun Corp among 6 smallcap stocks that hit 52-week highs & rallied up to 51% in a month
Six stocks in the BSE 250 Small-cap Index hit fresh 52-week highs as the Sensex gained 138 points to close at 74,902. Welspun Corp led with a 51% monthly gain, followed by Finolex Cables, Chennai Petroleum and Maharashtra Seamless.
Hero Motors IPO: 79-84 price band targets 3,815-crore valuation as EV business grows
The company will use 190 crore of the fresh proceeds to repay or prepay borrowings and 200 crore to buy equipment for expanding capacity at its UP facilityHero Motors has priced its 1,000-crore IPO at 79-84 a share, targeting a valuation of about 3,815 crore as the Tier-1 automotive component maker, which counts BMW and Ducati among its global customers, raises capital to cut debt and expand powertrain capacity while electric mobility becomes a bigger growth engine
Delhi gears up to raise State Disaster Response Force; battalion of 1,100 personnel proposed
Delhi government is forming a State Disaster Response Force for quick calamity response. This initiative follows a recent building collapse which claimed several lives. The National Disaster Response Force will provide essential training and equipment. Delhi's fire department and Civil Defence volunteers will also receive specialised training. The government aims to establish a capable and rapid response mechanism for disasters.
PepsiCo India opens fifth food plant in Assam with 778 crore investment
The 44.2-acre Nalbari facility will make Lay's and Uncle Chipps, support over 5,000 farmers and create around 700 direct and indirect employment opportunities
Psychology says you may want something more the moment someone else wants it, heres why
Psychology suggests that this surprisingly common reaction may be influenced by social comparison, envy, perceived value, scarcity and psychological reactance. However, it does not necessarily mean that you are jealous or competitive. Sometimes, seeing another person show interest in something simply changes the way your brain perceives and evaluates its value.
School holiday tomorrow: In anticipation of the BRICS Summit, Delhi schools will be closed on September 11, 2026. Weather-related closures may also affect schools in Uttarakhand and Bihar. Meanwhile, Odisha and Himachal Pradesh are keeping a vigilant eye on weather conditions. Schools in Uttar Pradesh and West Bengal are generally expected to remain open; therefore, parents should verify their local school's status before sending kids to classes.
Manipur CM Yumnam Khemchand Singh visits home of slain musician Chongtham Vikram
Chongtham Vikram, a respected musician and music teacher from Manipur, died following a brutal assault at his residence in Kilokri, New Delhi. He is survived by his wife and son.
ECB raises interest rates as Iran war fuels inflation fears
The European Central Bank increased interest rates again this year. This action aims to control inflation fueled by energy prices and conflict. The bank now forecasts inflation remaining above its target for some time. Economic growth projections were also adjusted upwards by the central bank. Markets anticipate further rate hikes while the ECB awaits more data.
Goa [India], September 10: Borecha, the functional beverages arm of Latambarcem Brewers, has expanded its Bun-Taa! range with the launch of Bun-Taa! Orange Pop, a modern take on one of India's most nostalgic soft drink flavours. Inspired by the orange sodas that defined generations of Indian childhoods, the new beverage combines a familiar flavour with a contemporary functional formulation featuring zero sugar, probiotics and botanicals traditionally associated with digestive wellness.
Mobile chain SS Retail to raise 500 crore via IPO
Issue priced in a band of 403 to 424 per equity share
Rentomojo IPO subscribed 4.70 times
The offer received bids for 10.24 crore shares as against 54.43 lakh shares on offer.
Manipal Payment and Identity Solutions IPO subscribed 31%
The offer received bids for 39.87 lakh shares as against 54.43 lakh shares on offer.
Steamhouse India IPO subscribed 2.21 times
The offer received bids for 8.30 crore shares as against 3.76 crore shares on offer.
Asset Reconstruction Company (India) IPO subscribed 87%
The offer received bids for 3.20 crore shares as against 3.69 crore shares on offer.
Karamtara Engineering IPO subscribed 3.61 times
The offer received bids for 9.16 crore shares as against 54.43 lakh shares on offer.
Birla Estates eyes 10,000-15,000 crore business development in FY27
The developer plans Rs 9,600 crore worth of launches in H2FY27 and aims to record annual bookings of Rs 15,000 crore over the next three fiscal years
SC: Won't agree to any changes in reconstitution of high-powered committee in NEET protests case
The Supreme Court rejected requests to change its five-member committee. This committee will examine police actions against student protesters in Delhi. The court stated it would not presume bias in its appointed panel. It will allow public input and consider all submitted evidence. The committee's findings will assist the Supreme Court's deliberations.
Sebi completes first phase of Demat 2.0 bond pilot; secondary trading next: Tuhin Kanta Pandey
The Securities and Exchange Board of India (SEBI) has completed the first phase of its Demat 2.0 pilot for corporate bonds and will next bring secondary-market trading into the new technology framework, SEBI Chairman said on Thursday.
Karan Adani settles PMC Projects case with Sebi by paying Rs 13.65 lakh
The settlement relates to an investigation into banking transactions and inter-corporate security deposits involving PMC Projects (India) Private Limited, Adani Ports and Special Economic Zone Ltd (APSEZ), and the port operator's subsidiaries.
Sonaselection India IPO opens on September 17 at Rs 94-99 per share
Sonaselection India will launch its IPO on September 17 at Rs 94-99 per share, targeting around Rs 141.6 crore. The Rajasthan-based fabric maker will use proceeds to repay borrowings, buy machinery and fund corporate purposes before NSE-BSE listing.
Mumbai Global Fintech Fest 2026: Small Finance Banks seen taking big steps
Utkarsh Small Finance Bank Limited announced the introduction of modernised Retail Internet Banking and Mobile Banking platform at the GFF 2026
Veefin Solutions plans to migrate to mainboard
The company has submitted its Information Memorandum to BSE on Tuesday for migration and will apply for direct listing on NSE after receiving BSE approval
JioFinance launches membership programme and financial health tool
JioFinance360 functions as a consolidated financial health dashboard, aggregating data across bank accounts, investments, loans, insurance policies and recurring expenses into a single report
Sebi Chairman Tuhin Kanta Pandey stated the Closing Auction Session is here to stay. Traders express concerns about sharp expiry-day swings linked to this new mechanism. Global index provider MSCI acknowledged its recent rebalancing went well under the new framework. Sebi is reviewing derivative settlement price calculation methods after CAS implementation. The regulator will issue a consultation paper on potential changes to reduce shocks.
Sensex, Nifty stage late recovery to end higher after three-day slide
The domestic equity benchmarks staged a late recovery on Thursday, snapping a three-session losing streak. Buying during the closing auction helped the Nifty and Sensex overcome losses seen during regular trading.
Quick Wrap: Nifty Metal Index falls 0.65%
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HDFC Bank, Vodafone Idea and Reliance Industries were top traded contracts.
In the cash market, the Nifty 50 index rose 46.30 points or 0.20% to 23,477.80.
Benchmarks snap three-day losses; media shares climb
Media, PSU bank and private bank shares advanced while metal, pharma and auto shares declined.
Noida (Uttar Pradesh) [India], September 10: In a significant achievement in the field of medical care, a highly skilled team of doctors at Yatharth Hospital, Noida Extension successfully performed a Simultaneous Liver-Kidney Transplant (SLKT) on a 50-year-old patient.
Organised apparel retail sector likely to clock 12-13% growth this fiscal: CRISIL Ratings
A CRISIL Ratings report indicates that strong traction in value fashion, expansion of organised retail beyond large cities, and sustained demand for branded apparel will drive growth
India plans AI registry as it looks to roll out agentic payments, sources say
The landscape of digital finance is evolving as India's payments authority creates a registry specifically for AI agents. This registry aims to verify and oversee AI transactions, initially targeting UPI payments, with potential future expansions. By facilitating agentic payments, AI will be enabled to engage in frequent, minor digital transactions, resonating with global initiatives aimed at the identification and validation of AI-driven financial agents.
Life insurers ask Irdai to rework expense cap rules
Life insurers are seeking greater flexibility in expense caps, arguing that product-specific limits can constrain growing insurers as they invest in distribution, technology and expansion.
BharatPe unveils BharatPe Flex at Global Fintech Fest 2026, brings credit into everyday UPI payments
BharatPe unveiled BharatPe Flex, a new consumer credit offering built on UPI. This innovative product allows users to access credit limits up to sixty thousand rupees. Eligible users can utilise this credit for everyday UPI merchant payments seamlessly. Spends can be settled in full within forty-five days or via flexible monthly installments. The company also launched a new brand campaign featuring Rohit Sharma to promote this service.
PNB to enter wealth management services, beef up credit card portfolio
The state-run lender plans to launch wealth management services in early 2027 and is adding 50,000-60,000 credit cards every month as it seeks new growth avenues
Chinese stocks fall as oil prices and inflation concerns rise
Oil prices remained high as tensions between the US and Iran escalated. Iran indicated that the conflict could intensify, while US President Donald Trump said the war was unlikely to end before the November midterm elections. This raised concerns about possible supply disruptions through the Strait of Hormuz.
EIA expects modest growth in India's liquid fuels consumption next year
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Beyond the Landmarks: Discover Hong Kong Like a Local in Old Town Central
Hong Kong, September 10: Beyond Hong Kong's mega events and world-famous attractions, the Hong Kong Tourism Board (HKTB) invites Indian visitors to discover the city like a local through its diverse neighbourhoods. Old Town Central, one of HKTB's signature neighbourhood experiences, brings Hong Kong's identity to life through an eclectic mix of East and West, past and present, where historic temples and traditional local businesses sit alongside vibrant street art, contemporary cultural landmarks and award-winning restaurants.
Nifty trades below 23,450; auto share decline
At 14:30 IST, the barometer index, the S&P BSE Sensex declined 40.17 points or 0.06% to 74,728.45. The Nifty 50 index declined 16.15 points or 0.07% to 23,416.50.
Bondada Engineering JV receives LoI worth Rs 41 cr for smart meter project
From Northern Power Distribution Company of Telangana
India-listed US ETFs are trading at steep premiums to their indicative NAVs, with some reaching 65%. The divergence appears driven by limited supply due to overseas investment caps, strong demand for US equities and changes in ETF circuit-limit calculations. Investors buying at elevated premiums risk losses if the gap narrows.
Jash Engineering secures orders worth Rs 66 cr in Aug'26
As on 01 September 2026, the total consolidated order book position of the company stood at Rs 937 crore, comprising of Rs 296 crore domestic orders and Rs 641 crore export orders.
Indoco Remedies' Goa plant clears UKMHRA cGMP inspection
Indoco Remedies announced today that the UK Medicines and Healthcare Products Regulatory Agency (UKMHRA) inspected its solid dosages manufacturing facility in Goa (Plant I) from 07 September to 09 September 2026. The UK-MHRA current Good Manufacturing Practices (cGMP) inspection concluded with no critical or major observations.
Fortune to set up 60,000 cr hyperscale AI data centre park in Telangana
The proposed 170-acre campus in Ranga Reddy district will support 1,200-1,600 MW of IT load, with cumulative investment potentially rising to 1 trillion
Indoco Remedies soars after Goa plant clears UK MHRA cGMP inspection
Indoco Remedies surged 14.08% to Rs 263.75 after the company's manufacturing facility at Plant I in Goa successfully completed an inspection by the UK Medicines and Healthcare products Regulatory Agency (MHRA).
Indian Bank eases for fifth straight session
Indian Bank is quoting at Rs 854.35, down 0.27% on the day as on 13:19 IST on the NSE. The stock jumped 22.78% in last one year as compared to a 6.28% slide in NIFTY and a 18.58% spurt in the Nifty PSU Bank index.
Bharat Petroleum Corporation Ltd eases for fifth straight session
Bharat Petroleum Corporation Ltd is quoting at Rs 303.1, down 0.15% on the day as on 13:19 IST on the NSE. The stock tumbled 5.28% in last one year as compared to a 6.28% slide in NIFTY and a 9.82% spurt in the Nifty Energy index.
Ramco Systems celebrates three decades in Malaysia
Ramco Systems celebrated three decades of powering enterprise transformation in Malaysia. To mark this milestone, Ramco hosted Ramco Now & Next, an event that traced its regional journey, showcased its vision for the future of enterprise software, and brought customers and industry leaders together for forward-looking discussions.
BSE suffers outage, Zerodha users complain of F&O price not reflecting
On September 10, the BSE faced a brief disruption that impacted various cash segment partitions and specific scrips. Once the exchange addressed the technical glitch, regular operations were restored. However, traders using Zerodha reported issues with outdated prices and order placements on certain contracts. Although Zerodha confirmed the resolution, some users experienced lingering technical difficulties.
Delhi High Court restrains startup Beco from running ads against HUL products
The advertising campaign allegedly linked Hindustan Unilever's Vim and Surf Excel to skin irritation and allergies.
Nandan Nilekani unveils three tokenisation pilots at Global Fintech Fest 2026
Regulators and central banks expressed concerns regarding cryptocurrencies and stablecoins. Nandan Nilekani highlighted tokenization's potential within a regulated framework. He discussed three live pilots implementing tokenization across different sectors. These pilots involve tokenizing dairy assets, warehouse receipts, and securitized assets. The underlying technology enables a unified architecture for various asset types and situations.
Mumbai-Goa highway delay: Nitin Gadkari says he feels 'ashamed', vows action against contractors
Union minister Nitin Gadkari says he feels ashamed over delays in the Mumbai-Goa highway widening project and will inspect the entire route in October. He also says he would blacklist contractors and suspend officials responsible for delays or poor execution.
Global Market: Blackstone acquires majority stake in South Korea logistics park
Blackstone has secured a dominant share in Sanha Logistics Park II, located in South Korea. This strategic acquisition reinforces Blackstone's foothold in the East Asian market, with the logistics park slated for completion by 2028. Management of the development and assets will remain under ESR. This initiative enhances Blackstone's logistics real estate portfolio throughout the region.
11 stocks that recorded profit margins above 10% for 4 straight quarters; surge up to 120%
SBI: FCNR liquidity deployment to take 4 months
HDFC Bank says all seven Bahrain claims over Credit Suisse AT1 bonds rejected
HDFC Bank has won all seven Bahrain cases filed by Credit Suisse AT1 bond investors, who accused the lender of mis-selling the risky securities. The Bahrain court rejected all allegations, saying investors failed to provide sufficient evidence linking HDFC Bank to their losses.
Sigma Advanced Systems begins aerospace production at Sri City facility
Around 75,000 sq ft of the 500,000 sq ft campus is operational, providing 100,000 annual machining hours, with capacity targeted to rise to nearly 300,000 hours
VinFast to develop two India-specific EVs after halting plans for global models
The Vietnamese automaker is developing India-specific EVs, internally codenamed VF X and VF Y, as it seeks to cut costs and target the countrys growing affordable electric-car market.
Musk's tunnel startup The Boring Company raises $3 billion at $23 billionvaluation
The funding round was led by the United Arab Emirates and affiliated investment entities
Indices trade in positive terrain; media shares rally
Media shares advanced after declining in the past trading session.
Currency in circulation up 12.3% on year
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HFCL shares hit lower circuit after 240% rally in 2026. What technical charts now indicate
HFCL shares hit the 5% lower circuit on Thursday, extending their two-day decline to 7% despite a 240% rally so far in 2026. The stock is currently consolidating in the Rs 257218 range, with technical indicators pointing to a sideways bias, according to SBI Securities Sudeep Shah.
Losing money in Nifty? 8 beaten-down largecap stocks see promoters increase stake in 2026
Promoters raised stakes in eight Nifty largecaps despite stock declines in 2026, with Jio Financial, Bharti Airtel and Reliance among the companies seeing higher holdings. The moves suggest continued promoter confidence amid a challenging phase for largecap equities.
Ultraviolette Automotive to set up BIGGA Factory in Hosur, with phased investment of 779 crore
The electric vehicle manufacturer anticipates the product mix would be 50-50 between scooters and motorcycles in next 3-4 years with its Tesseract scooter
Qualcomm takes aim at Indias payments device market
Qualcomm has introduced a new affordable integrated payments device that combines a point-of-sale (POS) terminal, a dynamic QR code, and a soundbox.
Systematic Industries gains on Rs 82.42 crore POWERGRID order
Systematic Industries rose 3.13% to Rs 285 after the company secured an Rs 82.42 crore order from Power Grid Corporation of India (POWERGRID).
Crisil Ratings upgrades ratings of Ratnamani Metals to 'AA+' with 'stable' outlook
Ratnamani Metals and Tubes said that Crisil Ratings has upgraded its rating on the long-term bank facilities of the company to 'Crisil AA+/Stable' from 'Crisil AA/Positive'.
Molbio Diagnostics shares rally 30% in 2 days, jump 80% since debut. What lies ahead?
Molbio Diagnostics shares have surged nearly 30% in two sessions, extending their post-listing gains to around 80% from the IPO price. The sharp rally comes as the newly listed company reported a strong Q1 FY27 performance, swinging to a profit of Rs 58.75 crore from a loss in the year-ago quarter.
Ultraviolette plans 779 crore Tamil Nadu plant as EV demand surges
The Hosur facility will initially produce 250,000 electric two-wheelers annually and can scale to 500,000 units as the company targets India's growing mass-market EV segment
Kolte Patil Developers advances on strong demand for Pune residential project
Kolte Patil Developers rose 2.78% to Rs 455.10 after the real estate developer announced that its latest residential project in Pune generated sales of over Rs 600 crore within 60 hours of launch.
CARE Ratings upgrades ratings of Apar Industries to 'AA' with 'stable' outlook
Apar Industries said that CARE Ratings has upgraded the company's long-term rating to 'CARE AA' from 'CARE AA-' with 'stable' outlook.
Parag Milk Foods Ltd leads gainers in 'A' group
Acutaas Chemicals Ltd, Shakti Pumps (India) Ltd, Ola Electric Mobility Ltd and Dilip Buildcon Ltd are among the other gainers in the BSE's 'A' group today, 10 September 2026.
GFF 2026: After KYC, SBI chief flags Know Your Agent as AI enters banking
Agentic AI's growing use in finance necessitates new checks beyond customer identification. Banks may develop a 'Know Your Agent' framework for autonomous systems. This framework will address AI identity, authentication, and transaction limits. Such systems require accuracy, accountability, and unbiased access for trust. India aims for intelligent inclusion by scaling AI financial services.
Ratnaveer Precision Engineering's Rights Issue Fully Subscribed - Strong Shareholder Confidence
Vadodara (Gujarat) [India], September 10: Ratnaveer Precision Engineering Limited today announced that its INR 329.99 crore Rights Issue has closed with an overall subscription of 1.11x, reflecting [strong/steady] participation from eligible shareholders and Rights Entitlement (RE) holders.
Dilip Buildcon shares rally 12% on bagging Rs 1,800 crore LPG pipeline project
Dilip Buildcon shares rallied after the company received an LOI from PNGRB to develop an LPG pipeline from Paradip to Raipur. The project gives the company an exclusive licence to develop, finance, construct and operate the pipeline, as well as levy and collect transportation tariffs up to the designated delivery point.
Jefferies says Adani Enterprises is the platform behind platforms with 4 major growth levers
Jefferies retained a Buy rating on Adani Enterprises with a Rs 3,830 target, citing its infrastructure incubation model and strong growth potential. The brokerage expects a 23% EBITDA CAGR through FY31, led by airports, data centres and ANIL.
Nifty above 23,400 level; metal shares under pressure
At 11:30 IST, the barometer index, the S&P BSE Sensex, jumped 9.12 points or 0.02% to 74,762.18. The Nifty 50 index rose 4.60 points or 0.02% to 23,437.45.
Why Jefferies is bullish on Manipal Hospitals after its 9,000 crore acquisition spree
Manipal Hospitals acquisition-led expansion is entering a key phase, with Jefferies initiating coverage with a Buy rating and Rs 870 target. The brokerage expects strong earnings growth, driven by the turnaround of Sahyadri Hospitals, new bed additions, higher utilisation and operating leverage. However, execution risks at Sahyadri and intensifying competition in Bengaluru remain key concerns for the investment case.
CDSLs IPO jackpot comes with a valuation catch. Jefferies sets Rs 1,315 target
Jefferies retained a Hold on CDSL with a Rs 1,315 target, implying 7% downside from Rs 1,414.90. While the IPO revival could add 34% to earnings, CDSLs EPS is expected to grow 19% CAGR over two years, driven by new demat accounts, IPO income and margin expansion.
