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2026-09-10 04:29:19| The Economic Times

Hero Motors has announced an initial public offering (IPO) price range between Rs 79 and Rs 84, set to open for subscription on Wednesday, September 16. Anchor investors have the opportunity to place their bids a day prior to the public offering. The funds generated through the IPO are earmarked for reducing debt and expanding facilities. The company's stock market debut is slated for September 23.

Category: News and Media

2026-09-10 03:13:31| The Economic Times

Karamtara Engineering plans a 875 crore IPO to repay debt and fund expansion. The company has shown healthy financial growth over recent years. However, it faces risks from renewable energy sector regulations and metal prices. Its integrated manufacturing capacity positions it well in the solar sector. The IPO appears suitable for investors with higher risk tolerance.

Category: News and Media

2026-09-10 03:03:25| The Economic Times

Equity-index futures for Japan, South Korea and Australia pointed lower after the S&P 500 Index fell 0.5%, led by industrial and consumer-discretionary shares. The Nasdaq 100 Index dropped 0.3% as Nvidia Corp., Amazon.com Inc. and Alphabet Inc. declined. Contracts for US stocks were little changed in early Asian trading.

Category: News and Media

2026-09-10 02:52:45| The Economic Times

The National Stock Exchange has updated its draft prospectus with Sebi, slashing its initial public offering size to about twenty-two thousand five hundred crore rupees. Existing shareholders will see their offer for sale drop to five point two five percent of the paid-up capital. Anticipating a launch in the third week of September, this adjustment may enable Hyundai Motor India to maintain its record for the largest IPO in India.

Category: News and Media

2026-09-10 02:40:45| The Economic Times

BSE CEO Sundararaman Ramamurthy says most market participants are yet to embrace the new closing auction system, with only a handful of institutions participating a month after its launch. The muted uptake suggests the mechanism is still grappling with initial teething issues.

Category: News and Media

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