29/09/2026
*Financial News*
Source: Leading newspapers
*Compiled by Rudra Shares*
Vande Mataram
Tuesday, 29 September 2026
*Commodities*
• Silver - Spot: Rs 223007
• Gold - Spot: Rs 147394
• Gold, silver slide as buyers wait for prices to stabilise
• Rupee slips towards 96/ USD as crude, yields, stocks weigh
*IPO & Capital Markets*
• Roopa Screen IPO closes with 350 times subscription, Peshwa Wheat issue booked 2.7 times
• Functional and Innovative Foods receives SEBI nod to go ahead with IPO plans
• AceVector IPO fully subscribed on Day 2
• Shah Investor's IPO subscribed 31% on Day 1
• Defence electronics maker Tonbo Imaging gets SEBI approval for IPO
• Runwal Enterprises IPO subscribed 70% on Day 2
• Orient Cables IPO subscribed over 8x on second day of bidding; GMP at 33%
• German Green Steel IPO: Issue booked over 5x on Day 2; GMP stands at 21%
• Moneyview IPO subscribed 98x on last day of bidding; GMP at 41%
• Nityas Gems and Jewellery to open mainboard IPO on September 30 with price band at Rs 70-75
• India’s IPO pipeline swells to Rs 3.86L cr, 3.5x funds raised in 2026: Report
*Banking & Financial Services*
• FIIs net sell Rs 5,353 crore, biggest September outflow; DIIs net buy Rs 5,189 crore
• Adani MPS case takes a twist: Group pays Rs 1.48 crore to settle, while SEBI finds the same violation not established
• SP Group repays Rs 3,500 crore to bondholders after securing fresh loans from existing lenders
• CCI clears MetLife’s acquisition of additional PNB MetLife stake
*Corporate*
• Coforge appoints Akhil Gupta as chairman after weeks of boardroom turmoil
• Ola Electric board approves Rs 1,000 crore rights issue
• Godrej Properties to develop ₹6,000 crore luxury housing project in Mumbai
• Flipkart Ventures invests in AI startups Alive, Keploy to drive growth
• Tata Trusts offers strategic recast plan for Tata Sons to skip listing
• Augmont shares hit 10% upper circuit as NSE empanels company as key partner for promotion of EGR
*Business*
• India's Essar Group to invest $18B in US steel plant, Trump calls it 'largest' in history
• India is building chip capacity ahead of demand: 360 ONE prefers EMS plays over pure fabs
• Air India's CEO-designate pitches for cost discipline, sustainable profits
• IEX subsidiary Indian Coal Exchange applies for coal exchange licence
• Gems, jewellery exporters rush to beat new US tariff deadline
*Automobiles & EV*
• Switch Mobility secures order for 840 e-buses for Delhi under PM E-Drive
• Samsung hikes Galaxy S26 series prices by up to 17% ahead of festive season
*Healthcare & Pharmaceuticals*
• Morepen Laboratories files its first US ANDA for sitagliptin tablets
• US exempts India and 19 nations from 100% tariff on certain speciality drugs: Report
*Oil & Energy*
• Despite geopolitical risks, Street remains bullish on Petronet LNG outlook
*Market & Economy*
• Market rout deepens as oil, US yields batter Indian equities
• Ten-year bond yield hits 7.19%, highest in two years
*Telecom & Technology*
• Trai mandates telcos to take action against spammers identified by their AI-based caller ID
• Jio leads India’s August mobile subscriber additions, Airtel close behind: TRAI
*Politics & Government*
• SC rejects plea to advance hearing on Bengal SIR ahead of byelections
• Ayodhya to Mathura: BJP's new poll hub
• SP's 27,000-per-seat push takes it to north's 'dalit capital' Agra
• J&K Assembly passes statehood resolution amid BJP protests, walkout
• ECI gets 3 months to decide TMC name and symbol dispute
*Jai Hind*
*Rudra Hai to Mudra Hai*
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