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

*Commodities*
• Silver – Spot: Rs 2,33,261
• Gold – Spot: Rs 1,51,879
• Oil prices will soon come plummeting down: Trump says US can ‘annihilate Iran quickly’ at UNGA
• Rupee strengthens to 95.59 amid drop in oil prices

*IPO & Capital Markets*
• Sept sees biggest IPO rush in 30 years as 30 mainboard issues raise Rs 38,785 cr
• German Green Steel fixes Rs 132–139 price band for IPO opening September 25; offer size cut
• Snapdeal parent AceVector sets price band at Rs 30–32, to raise Rs 420 crore via IPO
• Orient Cables fixes price band at Rs 258–272, Rs 552-crore IPO to open on September 25
• Varmora Granito IPO subscribed 11% on opening day
• Sunil Singhania-led Abakkus AMC files IPO papers with SEBI, issue to be fully OFS
• Elevate Campuses raises Rs 945 crore from anchor investors ahead of Rs 2,100 crore IPO
• ArMee Infotech raises Rs 39.93 crore from anchor investors ahead of Rs 300 crore IPO
• Swastika Infra raises Rs 48.26 crore from anchor investors ahead of Rs 161 crore IPO
• Adroit Industries raises Rs 45.21 crore from anchor investors ahead of Rs 151 crore IPO
• SEBI settles Hindenburg-linked case against Adani firms for Rs 1.5 crore
• FII comeback unlikely in large numbers even after AI trade peaks: Bernstein
• FIIs net sell Rs 3,810 crore while DIIs net buy Rs 4,120 crore-worth Indian equities on September 22

*Banking & Financial Services*
• Credit card issuers push EMI loans to counter revolver model misfire
• Oriental Insurance bets on health, MSME products to drive growth
• RBI warns banks against a loan price war

*Automobiles & EV*
• GST 2.0 demand boost prompts Maruti Suzuki to accelerate capex plans
• JSW eyes 100,000-unit electric CV capacity by 2030 with AMPSTAR push
• Mahindra expects Thar, Thar Roxx volumes to rise at least 10% in 12 months
• Tata, JSW MG may take the Dragon for a spin as India opens the road
• Adani’s airline plan has govt weighing the runway

*Corporate & Industry*
• Parag Milk Foods to invest ₹100 cr to expand paneer production capacity
• Borosil Renewables targets ₹2,500 crore revenue as capacity rises 60%
• Pace Digitek shares jump on winning Rs 488 crore order
• Tata Sons board lacked quorum to take up Chandrasekaran's reappointment, says Singhvi

*Oil & Energy*
• Oil minister Hardeep Puri calls for deeper India-OPEC energy ties
• Saudi Aramco plans reorganisation to create gas division, sources say

*Healthcare & Pharmaceuticals*
• ‘Inflated medicine prices are daylight robbery’: SC pulls up pharma companies over huge MRP-PTR gap

*Market & Economy*
• States' revenue growth to accelerate 9–11% as GST collections rise 16% in first five months: Crisil
• Goldman Sachs sees earnings upgrade cycle in India’s AI trade as Nifty estimates get cut

*Politics & Government*
• Rajya Sabha polls for 12 seats announced; BJP likely to retain 8 in Uttar Pradesh, SP eyes gain, BSP faces exit
• National Herald case: Delhi HC sets October 12 hearing on ED plea against Gandhis
• Supreme Court flags ‘mechanical’ notices in Delhi SIR, suggests allowing voters to respond through WhatsApp, email
• ‘20 rebel TMC MPs seek more time from Speaker to respond
• Suvendu targeting Opposition like Mamata did, says Adhir Ranjan Chowdhury

 *Jai Hind* 
*Rudra Hai to Mudra Hai*
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