*Financial News*
Source: Leading Newspapers
*Compiled by Rudra Shares*
Vande Mataram
Friday, 23 October 2026

*IPO & Capital Markets*
• Bombay Coated and Special Steels to launch Rs 183-crore IPO on October 29.
• Tonbo Imaging IPO GMP at 67% ahead of listing today.
• Paras Healthcare IPO subscribed 34% on Day 2; retail portion fully booked.
• Fusion CX shares list at 5.5% premium on NSE.
• Jio IPO draws Rs 3.73 lakh crore in total demand as overall subscription crosses 5.5x.
• IPO-bound companies defer launches to avoid Jio Platforms issue.
• Helios Capital has no IPO plans, says CEO Dinshaw Irani.

*Banking & Financial Services*
• FIIs net sell Rs 3,459 crore while DIIs buy Rs 2,891 crore-worth Indian equities on Oct 22.
• BSE hunts for next CEO as current chief Sundararaman R to retire next year.
• UBS Group AG acquires 4.8% stake in 360 ONE WAM.
• Nippon AMC gets SEBI nod for settlement in Yes Bank case.
• Financials, FMCG lead FPI sell-off; IT stocks buck the trend in first half of October.
• Liquidity surplus shrinks to Rs 541 crore as cash crunch rises.
• Sun Pharma raises Rs 7,816 crore, misses Rs 10,000-crore bond target.
• After IDBI, more PSU banks stand in stake-sale queue, with two more in the wings.
• Leading NBFCs flag early signs of repayment stress in the gold loan segment.
• RBI's new cyber mantra for banks: Trust nothing until it's cleared.

*Market & Economy*
• GST return forms likely to be tweaked to curb mismatches.
• MPC minutes: Two more interest rate hikes on cards, maybe even a third.
• India's infrastructure projects are stuck before they start, adding Rs 3 lakh crore to the bill.
• Urea imports surge 40% despite push to cut chemical fertilisers.
• SoftBank Group's market value halves from its peak as AI fears grow.

*Corporate*
• eMudhra to exit global website security certificate business after key-generation flaw.
• Eternal's dark.ai to offer encrypted chats, raising questions about AI-based data privacy.
• Sunil Kumar appointed ONGC chairman for three years from December 7, 2026.

*Business*
• India's a call-out market, but there's room to grow: Nestle.
• BCGCL begins construction work on Rs 25,000-crore coal gasification project.

*Automobiles & EV*
• Event data recorders may be made mandatory for vehicles.
• Italy's Pirelli and India's Balkrishna Industries float a joint venture to manufacture tyres.

*Commodities*
• Silver – Spot: Rs 2,00,853
• Gold – Spot: Rs 1,42,809
• Brent crude climbs 3% to $112 a barrel after latest attacks in Saudi Arabia.

*Politics & Government*
• No political family faced as much injustice as Azam Khan: Akhilesh Yadav after meeting jailed leader.
• Any impeachment motion against CEC will be examined under rules: Lok Sabha Speaker Om Birla.
• “We don't need permission to hoist the national flag”: AISA chief Neha Bora tells Delhi HC.
• Sonam Wangchuk accuses Centre of going back on May understanding, reiterates demand for a Ladakh legislature.
• PM Modi's visit to Baramati on November 3 deferred: Yugendra Pawar.
• Following Supreme Court directions, Andhra Pradesh urban polls paused.

*Jai Hind*
*Rudra Hai to Mudra Hai*
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