*Financial News*
Source: Leading Newspapers
*Compiled by Rudra Shares*
Vande Mataram
Wednesday, 21 October 2026

*Commodities*
• Silver – Spot: Rs 208380
• Gold – Spot: Rs 145353

*IPO & Capital Markets*
• OYO parent PRISM plans to cut IPO fresh issue by nearly half to Rs 3,350 crore: Sources.
• SFC Environmental Technologies IPO to open on October 27, plans to raise Rs 150 crore in fresh capital.
• EAAA India Alternatives to open Rs 1,200-crore IPO on October 26.
• NSE exit triggers a sharp slowdown in unlisted share trading.
• CBDT mandates new disclosures for tax-free gains on government securities.

*Banking & Financial Services*
• YES Bank sees no immediate need to raise capital after the Supreme Court's AT1 verdict.
• Open to acquisitions to build capabilities: Piramal Finance MD & CEO.
• India back on investors’ radar as a non-AI diversification play; financials offer the best risk-reward, says HSBC.
• $800 million asset manager to shift two funds out of GIFT City over tax issues.

*Market & Economy*
• India’s online retail market to cross $90 billion in 2026, with grocery set to overtake mobiles: Redseer.
• Tax relief and a global AI correction alone may not revive Indian stocks.
• JPMorgan Asset sees Bitcoin outperforming stocks, but with a catch.
• On a high-way: India revamps highway EPC rules with rating-based deposits and crash penalties.

*Corporate*
• Hindusthan National Glass & Industries to invest Rs 300–500 crore to boost manufacturing capacity and expansion.
• Shapoorji Pallonji Group wants Tata Sons to consider a Rs 25,000-crore share buyback.
• Jio entering public markets to build a sustainable business and create immense value: Akash Ambani.
• Jio does not see network monetisation as charging more for every gigabyte, says Akash Ambani.
• Schaeffler India CEO Harsha Kadam taken into custody over the June factory accident.
• SBI data breach claim: Hacker group alleges access to 3.75 lakh records and 2,722 documents.
• Harish Bhat resigns as non-executive and non-independent director of Trent.
• Prestige Estates to launch homes worth Rs 40,000 crore for sale in H2 FY27.
• Sun Pharma prepares a Rs 10,000-crore pill to digest the Organon deal.
• 'Reliance has extraordinary capacity': Marco Rubio eyes Venezuelan oil cooperation ahead of Jamnagar visit.

*Politics & Government*
• Abhijeet Dipke dismisses comparisons between CJP protests and unrest in France, Nepal and Bangladesh.
• Amit Shah sets December 31, 2029, as the deadline to make Punjab 'Nasha Mukt'.
• PM Modi reaches out to political parties, asking all to stand together for national interests.
• 'Always make it a point to meet when in the same city': Rubio on his 'solid relationship' with Jaishankar.
• Mirwaiz flags the six-day eviction notice to Race Course mosque.
• Modi invokes Ram Rajya, calls for equality and justice for all.
• 'We are here for regime change,' says Uddhav.
• BJP announces national office-bearers for Yuva Morcha.

*Jai Hind*
*Rudra Hai to Mudra Hai*
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