Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.
Biocon Electric has filed draft red herring prospectus papers with the Securities and Exchange Board of India for an initial public offering comprising a fresh issue and an offer for sale. The company plans to deploy most of the new capital toward working capital needs, with the proposed listing slated for the BSE and NSE.
Electrical products maker Biocon Electric has filed draft papers with the Securities and Exchange Board of India for an initial public offering comprising a fresh issue and an offer for sale. The company plans to use the proceeds from the fresh issue primarily to strengthen working capital, signalling a capital-intensive growth phase ahead of a proposed listing on the BSE and NSE.
Runwal Enterprises is scheduled to list on the BSE and NSE today after its Rs 500-crore initial public offering drew moderate overall demand and a zero grey market premium. The IPO, which was entirely a fresh issue, was subscribed 2.64 times, with strong institutional interest helping offset a relatively subdued retail response.
The Hindu has released a new documentary, Gandhi for GenZ, aimed at reintroducing Mahatma Gandhi to younger Indians through the lens of contemporary anxieties, aspirations and civic questions. The film seeks to argue that Gandhi’s ideas on non-violence, self-discipline and social responsibility remain relevant to a generation navigating inequality, digital overload and uncertainty.
Former U.S. President Donald Trump has praised the pilot of a flydubai aircraft as a “hero” after the crew and a plumber on board helped prevent a catastrophic crash, according to the breaking account. The pilot has been identified as Indian national Smit Machchhar, whose actions have drawn public acclaim from Israeli Prime Minister Benjamin Netanyahu and others amid a fast-moving wave of tributes.
Nifty valuations have corrected sharply from 2024 peaks and are now close to post-Covid lows, according to Alchemy Capital's Alok Agarwal, signalling a more selective phase for Indian equities. He expects the next leg of market growth to broaden beyond large caps, with mid- and small-caps, AI infrastructure, healthcare, manufacturing and select defence names emerging as preferred themes.
Indian equity and commodity markets will remain closed on October 2 for Mahatma Gandhi Jayanti, with trading suspended on both the BSE and NSE. MCX and NCDEX will also be shut, while investors are already looking ahead to the remaining market holidays in 2026 to plan positions and liquidity.
Ram Sukumar has spent more than two decades remaking Indium, the Chennai-founded technology services company he rebuilt after losing the financial cushion that once supported the family business. Now, as artificial intelligence reshapes the global outsourcing market, he is wagering that the same discipline that powered Indium’s rise can help it capture new demand rather than be displaced by automation. The challenge is stark: AI could compress margins in services, but it could also create a larger, faster-growing market for firms able to adapt quickly.
Corporations, startups, regulatory bodies, central banks, ministries and judicial courts. All news mentioning this entity is automatically verified and aggregated into this live intelligence dossier.
Entities frequently referenced alongside NSE: