IBTimes

Jio Platforms IPO investors who receive an allotment can sell their shares after listing to book potential gains or hold them for the long term. Those who miss out will have their blocked funds released and can buy shares from the secondary market once trading begins.

The public issue was subscribed more than 22 times, with institutional investors leading the demand, according to data from the BSE. The qualified institutional portion was subscribed 70.55 times, while retail investors subscribed 2.72 times.

Gold prices in India remain in focus ahead of Dhanteras and Diwali, with forecasts suggesting the precious metal could touch 2 lakh per 10 grams by the end of 2027.

Anthropic, the AI company behind Claude, has moved closer to a public market debut, attracting investor interest while warning about potential existential risks posed by advanced AI systems. Investors considering the IPO should assess the company's financial performance, valuation, profitability, infrastructure spending.

Sensex started at 73,484.38, down 122.37 points or 0.17 per cent. Similarly, Nifty began the trading session at 22,708.80, down 44.40 points or 0.20 per cent.

Anup Bagchi assumed charge as HDFC Bank's Managing Director and Chief Executive Officer on Tuesday, succeeding Sashidhar Jagdishan. The leadership transition follows Jagdishan's completed tenure and comes amid mixed quarterly results

Eligible disclosures can be regularised by paying 30% tax on fair market value and an equal penalty, with immunity under the scheme. Around 1,100 applications have been filed.

Retailers are offering price-protection schemes to attract customers, while the upcoming wedding season is boosting demand for bridal jewellery. Lightweight gold jewellery, old-gold exchange offers and traditional designs are also drawing buyers as elevated bullion prices influence purchasing decisions.

Gold and silver prices rebounded on October 26 after falling last week. In Mumbai, 24-carat gold was priced at 1,42,250 per 10 grams, while Delhi recorded 1,42,010 and Bengaluru 1,42,370. Silver was priced at 1,96,240 per kg in Mumbai, 1,95,900 in Delhi and 1,96,400 in Bengaluru.

GSTAT allows airlines to claim GST refunds on cancelled tickets if fares and taxes are returned to passengers, directing Rs 45.92 lakh refund to Singapore Airlines with interest.

MCA has extended the deadlines for companies to file FY 2025-26 financial statements until December 31, 2026, and annual returns until January 31, 2027. The decision follows requests from stakeholders citing technical glitches, portal downtime, login issues and filing difficulties on the MCA-21 Version 3 portal.

Gold prices declined marginally on October 24, 2026, offering some relief to jewellery buyers. Tanishq's 22K gold rate stood at 13,110 per gram, while Malabar Gold & Diamonds and Joyalukkas listed the rate at 13,070 per gram.

Gold and silver prices fell for the third consecutive session on October 23, 2026. Gold of 99.9% purity declined by Rs 1,900 to Rs 1,46,100 per 10 grams, while silver dropped Rs 5,500 to Rs 2,02,000 per kg.

SBI has informed customers whose personal information was identified in a suspected data leak through email and WhatsApp. The bank said affected customers' account balances and funds remain safe. Of approximately 3.75 lakh records examined on the dark web, 3,897 contained personally identifiable information

Ladakh has taken a major step towards promoting commercial floriculture as Lieutenant Governor Vinai Kumar Saxena flagged off the first air consignment of 15,000 A-grade Lilium stems from Leh to national markets. Cultivated at an altitude of 10,600 feet, the flowers will be marketed in Delhi, Mumbai and Chandigarh, with the initiative aimed at creating sustainable livelihoods and new economic opportunities in the region.