18/09/2026
*Financial News*
Source: Leading Newspapers
*Compiled by Rudra Shares*
Vande Mataram
Friday, 18 September 2026
*Commodities*
• Silver – Spot: Rs 2,29,230
• Gold – Spot: Rs 1,51,165
• Digital gold may come under RBI, Sebi oversight; physical backing proposed
• Crude shock to hit oil companies' margins, but refining gains could save Q2 show
• Oil prices extend fall, Brent crude below $102 per barrel
*IPO & Capital Markets*
• Varmora Granito IPO to hit Dalal Street on September 22, price band set at Rs 140-148 per share
• Karamtara Engineering shares debut at 26% premium
• Rentomojo shares list at Rs 482.45, a 19% premium to IPO price after 73x subscription
• Strong market debut: LCC Projects shares list at over 31% premium
• Steamhouse India shares list at 17% premium over IPO price on NSE
• Manipal Payment IPO listing: Shares debut at Rs 330, a 2.7% discount to issue price
• NSE IPO subscribed 42% on opening day; NIIs lead demand
• Hero Motors IPO: Issue subscribed over 3x on Day 2; GMP at 16%
• SS Retail IPO subscribed nearly 6x on second day of bidding; GMP at 28%
• Jindal Supreme IPO booked over 31x on Day 2; GMP soars to 30%
• ArMee Infotech to launch Rs 300 crore IPO on September 23
• Hillhouse Capital-backed Elevate Campuses to open Rs 2,100-crore IPO on September 23
• SEBI finds Rs 541-crore revenue misstatement at Kore Digital, bars top management from market access
• FIIs net sell Rs 3,209 crore-worth Indian equities; DIIs net buy Rs 3,618 crore
• Sebi to examine discount brokers’ concerns over UPI MDR
*Corporate*
• Zee focuses on content, digital profitability, monetisation: Punit Goenka
• Brookfield to invest up to $600 mn in ACME's green molecule business
• Biggest opportunity lies in operationalising AI across firms: Coforge CEO
• Puravankara shares rise as company secures Rs 2,600-crore redevelopment project in Mumbai's Goregaon West
• Tata Sons board approves 5-year extension for N Chandrasekaran
• Noel Tata tables SP Group’s ₹25,000-crore Tata Sons stake buyout proposal
• Tata Trusts rejects Tata Sons listing; Noel Tata vows to 'preserve century-old structure'
• IndiGo raises fees for excess baggage, infants, unaccompanied minors and Fast Forward
• Oil India to spend ₹15,000 crore over 3 years for drilling deepwater wells
*Industry & Manufacturing*
• India's construction equipment exports to surpass 20,000 units in FY27, driven by global demand
• India preparing to become alternative chip supplier: PM Narendra Modi
*Banking & Financial Services*
• Rupee settles 2 paise up at 95.89 against dollar after breaching 96 level
• HDFC Life, other life insurance companies' stocks rise on hope of lower commission payment
• Wealth managers cut minimum ticket size for Shapoorji Pallonji debt to Rs 1 crore for HNIs
• India’s banks are hidden winners from new $2.8 billion digital payment fee pool
*Politics & Government*
• Congress rejects claim its MPs backed fee on high-value UPI payments
• US sanctions Bill: India says energy security for 1.4 bn people a priority
• Congress criticises Modi government's policy after US passes Russia sanctions bill
• Uttar Pradesh nets ₹7,600 crore in fresh FDI proposals across sectors
• Karnataka: Nikhil Kumaraswamy to contest from Ramanagara again in 2028
• Election Commission bars TMC factions from using party name, symbol
• New vulnerable areas, deployment discussed at Manipur security review
*Jai Hind*
*Rudra Hai to Mudra Hai*
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