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Street Signs: Nifty's cliffhanger, Mkt's heavy hitters step into IPO ring

With the Nifty in a sell-on-rise phase and key support levels under threat, markets brace for two mega IPOs even as NSDL's post-listing rally stuns the street

JSW Cement public offer booked 56%; Varmora Granito files DRHP with Sebi

Tiles and bathware maker Varmora Granito Ltd has filed draft papers with the Securities and Exchange Board of India (Sebi)

Airtel promoter offloads another 0.98% stake; mop up $1.3 bn via block deal

Names of the buyers weren't disclosed by the stock exchanges. However, banking sources said it included foreign and domestic funds

TVS SCS Q1 net profit soars eightfold to Rs 71 crore on InvIT, ops gains

Improved operational efficiency and gains from TVS ILP's InvIT listing drive a sharp jump in TVS Supply Chain's consolidated net profit in Q1 FY26

RBI's 100-bp repo cut in repo rate leads to 71 bps cut in fresh rupee loans

Banks have started passing on the 100-basis point repo rate cut by the Reserve Bank of India over the past three policy meetings

Coromandel International closes ₹820 cr deal to acquire 53% stake in NACL

Coromandel has acquired a 53% stake in NACL Industries for ₹820 crore and appointed a new MD as it awaits regulatory clearance for an open offer to public shareholders

Signature Global's net profit shoots 386% on increased revenue recognition

This rise was driven by increased revenue recognition and average sales realisation, the company said in a regulatory filing on the exchanges

Sebi proposes separate unit of RTAs for service to unlisted companies

Sebi suggests hiving off RTA activities for unlisted companies, placing them under MCA's oversight; also proposes new net worth norms and internal control mechanisms

Banks must release funds without legal docs for survivor accounts: RBI

RBI says banks must release funds without legal documents in cases with survivorship clause or nominees; sets Rs 15 lakh threshold for claims without legal heir proof

RBI leaves repo rate unchanged, FD rates unlikely to move higher for now

The central bank's decision to keep the policy rate at 5.5 per cent, and inflation projected to stay low, means that fixed deposit rates are not likely to be revised upwards

Xovian Aerospace raises $2.5 million to launch AI-native RF satellites

Funds will help the firm launch its maiden spacecraft on ISRO rocket, expand capacity, deploy nanosatellite and pilot its real-time RF sensing tech for customers by 2026

World is witnessing trade policy dislocation, says finance ministry

Presence of risks to world economy make medium term fiscal projections difficult, the ministry emphasised

Anand Mahindra urges India to turn tariff turmoil into "1991 moment"

Mahindra Group chairman calls for bold reforms, single-window clearance, and a tourism push to turn global tariff disruption into an opportunity for transformation

NSDL makes a strong debut on bourses, shares jump 17% on Wednesday

Before the IPO, IDBI Bank owned 26 per cent and NSE owned 24 per cent. Following the listing, the shareholding of IDBI and NSE has decreased to 14.9 per cent each

SECI sees record-low price of ₹55.75 per kg in first green ammonia auction

This holds significance as low-priced green ammonia is pivotal for India to reduce reliance on imported natural gas for fertiliser production, lower carbon emissions, and enhance energy security.

Historian and former BS columnist Rajat Kanta Ray passes away in Kolkata

He taught in Presidency College for more than 30 years and in 2005 then governor Gopalkrishna Gandhi went to the college to attend his class

Antfin exits Eternal with ₹5,370 crore stake sale at ₹285 floor price

Antfin Singapore Holding to exit Eternal (formerly Zomato) with Rs 5,370 crore block deal at Rs 285 per share, days after selling entire Paytm stake for Rs 3,800 crore

Shriram Life Q1 individual new business premium rises 21% on wider reach

Shriram Life Insurance reports Rs 257 crore individual new business premium in Q1FY26, up 21% Y-o-Y, driven by branch expansion, higher ticket size, and rural market focus

Essar names Amit Bajaj MD, global head of corporate affairs & public policy

Amit Bajaj rejoins Essar as global head of corporate affairs and public policy, bringing 25 years of experience to support stakeholder engagement and policy advocacy

JSW Cement sets price band of ₹139-147/share for ₹3,600 crore IPO

The proceeds from the fresh issue will be utilised for part-financing the cost of establishing a new integrated cement unit at Nagaur, Rajasthan and for repayment of loans