12/10/2026
*Financial News*
Source: Leading Newspapers
*Compiled by Rudra Shares*
Vande Mataram
Monday, 12 October 2026
*Commodities*
• Silver – Spot (as on Saturday): Rs 221191
• Gold – Spot (as on Saturday): Rs 148909
*IPO & Capital Markets*
• IPO Rush: Eight issues to raise over Rs 11,000 crore this week.
• Samara Capital and Morgan Stanley-backed Sahajanand Medical Technologies to launch a 1.38-crore-share IPO on October 15.
• Defence electronics equipment maker Tonbo Imaging's IPO set to hit Dalal Street this week with a pure OFS of 1.2 crore shares.
• Power transmission components maker Bonfiglioli Transmissions to open IPO on October 15, entirely an OFS by the promoter.
• Peak XV Partners, Lightspeed and Accel-backed Zetwerk to launch IPO on October 15.
• FII selling tops Rs 45,000 crore over six sessions in October; Rs 3.6 lakh crore sold off this year.
• Jio heads into IPO with stronger cash generation and lower leverage.
• Dalal Street Week Ahead: Q2 earnings, US and India inflation, and the rupee among key factors to watch.
*Banking & Financial Services*
• Banks may explore easier forex hedging amid RBI curbs.
• RBI moves may boost bond demand amid rupee pressure.
• India's services demand outlook positive for Q3FY27, but margin concerns persist: RBI.
• Rural consumer confidence dips as inflation concerns rise: RBI survey.
*Market & Economy*
• Need to look at the cost of doing business to boost manufacturing; cut statutory liquidity ratio: Amitabh Kant.
• GST e-invoicing may cover services imports from unregistered companies.
• New draft steel policy targets 604 million tonnes of capacity by 2047.
• Tea Board pushes for more transparent and efficient tea auctions.
*Corporate*
• B2B e-commerce platform Udaan targets IPO by early 2028 as turnaround takes hold.
• FMCG majors race for a bigger stake in snacks brand Farmley.
• JSW, Gemstar and Actis vie for Polaris smart metering.
• Guardrails key to unlocking AI gains for enterprises: Airtel Business CEO.
• BMW Industries starts colour-coated steel production to cater to demand.
*Business*
• Coal India denies a supply crunch at NTPC, saying it has exceeded its commitments.
• Brigade Enterprises aims for a 21% rise in FY27 pre-sales to Rs 9,000 crore: MD.
• NTPC invites expressions of interest (EoIs) from firms to invest 26% equity in cogeneration projects.
*Automobiles & EV*
• Audi India mulls local EV production, aims to double market share in 3–5 years.
• Mercedes-Benz India sees scope for plug-in hybrids in the luxury segment.
*Politics & Government*
• BJP to contest all 209 wards in Kolkata civic polls; open to fielding eminent citizens and youths.
• “BJP is scared of Indian citizens”: Aaditya Thackeray and Amit Thackeray protest against the detention of protesters in Mumbai.
• CEC Gyanesh Kumar row and DMK's stand complicate the Centre's delimitation plan.
• CJI Surya Kant rejects INDIA bloc's meeting request on halting SIR and Gyanesh Kumar's resignation.
• Maharashtra FDA Commissioner Tukaram Mundhe named secretary of the panel to overhaul MPSC.
Jai Hind
Rudra Hai To Mudra Hai
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