*Financial News*
Source: Leading newspapers
*Compiled by Rudra Shares*
Vande Mataram
Friday, 04 September 2026

*Commodities*
• Silver (Spot): Rs 2,32,269
• Gold (Spot): Rs 1,53,167

*Market & Economy*
• India services activity expands in August, but growth remains near four-year low
• Former chief statistician Pronab Sen seeks two GDP series with old, new bases for five years
• Centre sees no cost pain for RBI on dollar deluge
• India targets $1 trillion exports this year, urges auto sector to go global: Piyush Goyal
• After Nepal floods, Centre reviews Himalayan states’ GLOF readiness

*Banking & Financial Services*
• Canara Bank eyes $2 billion overseas bond raise
• FPIs pump Rs 13,010 cr into equities in second half of Aug
• FIIs net sell shares worth Rs 2,346 crore, DIIs net buy Rs 4,977 crore on September 3
• SEBI moves to ease mutual funds’ liquidity crunch with net settlement proposal
• SEBI to review settlement price methodology for derivative contracts after CAS rollout

*Automobile*
• EVs may account for 7-8% of FY28 sales: Hyundai Motor India MD & CEO
• Bharat NCAP 2.0 from October 2027 to assess entire vehicle safety chain, says Nitin Gadkari
• SML Mahindra shares rise as company targets 10-12% CV market share by FY31
• Tata Motors' Iveco takeover offer gets Consob approval; acceptance period to begin September 7

*Infrastructure & Cement*
• Cost pressures likely to impact near-term margins of cement companies
• Prestige Estates stock jumps on Rs 5,600-crore Gurgaon project; Nifty Realty gains
• Aditya Birla Group enters wires, cables biz with Rs 1,800-cr investment amid data centre boom

*Power & Renewable Energy*
• Goenka Group’s Purvah Green Power to acquire Welspun New Energy for ₹2,500 cr
• Solar Industries likely to acquire big global firm in South Africa, reports CNBC-Awaaz; shares rise

*Technology & Software*
• ESDS Software shares eye up to 50% listing gains today
• INOX India: Temporary blips mask strong order momentum, new opportunities

*Telecom & Consumer*
• Jio sets eyes on Navratri-Diwali period to launch IPO
• SpiceJet to add 20 leased aircraft
• Ola Electric shares fall ahead of fundraise meet on September 5
• PC Jeweller shares rise as firm clears debt of 9 banks
• Kenya's president Ruto orders Tata Chemicals to end operations in the country

*IPOs & Primary Market*
• Motilal Oswal-backed Glass Wall Systems sets IPO price band at Rs 172-182; Rs 428-crore issue to open on September 8
• Rays of Belief IPO booked nearly 108x on Day 3; GMP at 20%
• Arcil fixes IPO price band at Rs 132-139 per share; Rs 733-crore issue to open for subscription on September 9
• Deepa Jewellers IPO: Issue subscribed over 42x on last day of bidding
• Priority Jewels shares expected to list at about 16% premium
• Manipal Payment and Identity Solutions IPO to open on September 9, issue size reduced

*Politics & National Affairs*
• BJP urges ECI to defer SIR in Tripura over September 28 Village Committee polls
• Amid 'purification' row, BJP chief Nitin Nabin to visit Haldwani on Sept 9 for 2 days, hold meetings
• Jarange refuses to call off hunger strike, urges Marathas to apply for Kunbi certificates
• Kharge to Nadda: keep promise, ensure FIR in 'purification' case

Jai Hind
Rudra Hai to Mudra Hai
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