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The initial share-sale will close on October 5, according to the company's advertisement published on Saturday. The IPO comprises a fresh issue of up to 69.71 lakh equity shares, aggregating to Rs 145 crore at the upper end of the price band, and an offer for sale (OFS) of 15 lak

AI - Google's TPUs to catch some rays in orbit next weekPart of Project Suncatcher, the proof of concept aims to see how well lightly modified compute fares in orbit - Meta

IPO GMP Today: Four IPOs — Adroit Industries, ArMee Infotech, Swastika Infra and Elevate Campuses — have concluded their three-day subscription windows, shifting the focus to the allotment process and their expected stock market debut. The allotment status for all four public iss

The proposed issue comprises a fresh issue of equity shares aggregating up to Rs 540 crore and an offer for sale (OFS) of shares worth up to Rs 180 crore, taking the total issue size to up to Rs 720 crore. The OFS comprises shares offered by promoter selling shareholders Navratan

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The exchange also recorded an all-time high open interest of 452,433 contracts, with a turnover of $20.93 billion. Trading turnover on NSE IX has grown since the commencement of full-scale operations of GIFT Nifty on July 3, 2023. Since then, GIFT Nifty has recorded cumulative vo

In the RBI's September Bulletin, she said that the relative strength of the bond market is due to the fiscal commitment of the government, and the projected sustained high economic growth rates that would make the fiscal outcomes even better going forward. Credibility of monetary

The Ahmedabad-based company's proposed IPO comprises a fresh issue of up to 72 lakh equity shares and an offer for sale (OFS) of up to 20 lakh shares by promoters, according to the Draft Red Herring Prospectus (DRHP) filed on Friday. Deon Energy plans to use Rs 95.80 crore from t

The report said the rupee's movement has increasingly been shaped by a combination of fundamentals, RBI intervention and market sentiment, making it difficult to attribute currency movements to any single factor. "In the current situation a range of Rs 94.5-96 looks likely in the

Listen to this article in summarized format Puneet Pal, Head of Fixed Income at PGIM India Mutual Fund, believes the rate-cut cycle is over and the Reserve Bank of India could be at the cusp of a rate-hiking cycle. He expects policy rates to rise by 50-75 basis points by the end

If there was one thing that was obvious this from Meta Connect this year, it’s that the social media giant is all-in on its burgeoning line of smart glasses. Indeed, the glasses were pretty much everywhere at the annual event, where Meta shows off its newest hardware and AI produ

In April last year, Prestige Estates Projects Ltd's subsidiary Prestige Hospitality Ventures Ltd (PHVL) filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) to launch an IPO. The company planned to raise up to Rs 2,700 crore through a

Listen to this article in summarized format Vikas Khemani, Chairman of the Association of Portfolio Managers in India, believes these changes could potentially double the size of the PMS industry over time. He says the ability to combine direct mutual fund plans, ETFs, index fund

Stocks to buy for the long term: After the listing of four demerged Vedanta Group stocks on 15 June 2026 — Vedanta Iron and Steel, Vedanta Oil and Gas, Vedanta Power, and Vedanta Aluminium Metal — Indian market observers are busy speculating about the outlook for these Anil Agarw

After announcing a host of new features for Meta’s Muse AI app at its Connect 2026 developer conference this week, the company is opening up requests for early access. Meta shared on Friday that you can now ask Muse to put you on the list to try out its latest capabilities before

Macquarie has issued a bullish call on India’s capital market industry and sees a powerful multiyear growth backdrop for market infrastructure firms as capital shifts into financial assets. The international brokerage in its report said Indians save $500 billion annually in finan

Listen to this article in summarized format Bernstein said it expects foreign institutional investor (FII) flows to remain flat to modestly positive over the next 12 months, but cautioned that this would largely reflect easing of recent headwinds rather than a meaningful improvem

Jefferies' Christopher Wood retained a constructive view on India's structural growth prospects, arguing that the country's investment story extends beyond the current global focus on artificial intelligence. In his latest GREED & fear report dated September 24, Wood highlighted

This week, 17 Indian startups raised $188.49 million across two growth-stage deals, 12 early-stage deals, and three undisclosed rounds. The week also saw 2 key appointments, one fund launch and one merger and acquisition. In contrast, 17 startups had collectively secured about $6

Over the five trading sessions ended September 25, the benchmark Sensex declined 0.54%, or 400 points, to close at 73,895, posting losses in two of the five sessions. Despite the overall decline in the market, around 20 stocks from the BSE 500 Index advanced in each of the five c

Listen to this article in summarized format The proposed IPO comprises a fresh issue of equity shares worth up to Rs 1,300 crore and an Offer for Sale (OFS) of shares worth up to Rs 1,754.01 crore, according to the draft red herring prospectus (DRHP) filed late Thursday night. Th

Listen to this article in summarized format The Nifty fell about 0.88% for the week, despite a late rebound as oil prices eased and value buying emerged. Foreign investors remained the key drag, pulling out roughly Rs 18,531 crore so far this month through September 25, even as d

New Jersey hits Microsoft-linked AI data center with record fine for 62 unpermitted power generators, issues 45-day shutdown deadline — site tied to $33 billion deal also built illegal 1.5M-gallon fuel tank $1.07 million might seem like a huge sum, but it's a drop in the bucket f

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Last month, we shared word of a Stanford University study that found entry-level employment in so-called “AI-impacted” occupations lagging well behind that in other fields. Now, a new working paper from economics researchers at Munich’s CESifo finds the opposite, arguing point bl

Asian markets are set for a holiday-shortened trading week from September 28 to October 2, with several major exchanges scheduled to remain shut on different days. The closures will be driven by national and regional holidays, potentially resulting in thinner trading activity acr

Midcap stocks are drawing investor attention as companies expand into new markets, add capacity and build larger order books, setting the stage for potentially stronger earnings in the years ahead. Kalpataru Projects International is benefiting from a record order book, ITC Hotel

So a few times each year, Nedelea, a 46-year-old project manager, waits patiently in line for hours at a run-down facility in downtown Bucharest for a nurse to prick his arm. Later, he logs onto his brokerage account and uploads a blood-donor’s certificate to retrieve his financi

Major equity indexes hovered near record levels on Friday, with the S&P 500 less than 1% below its mid-August peak, supported by technology and AI-linked stocks. The monthly employment report, due on October 2, will be the main event for Wall Street. A key inflation gauge will al

AI was a major focus as U.S. President Donald Trump and Chinese President Xi Jinping met this week. The most advanced U.S. models lead most benchmarks, but Chinese companies like DeepSeek, Z.ai and Alibaba have released new models with major performance gains in tasks such as cod

BEIJING — China is embracing the idea of competition without confrontation, by invoking an academic concept. "The Thucydides Trap can be overcome," Chinese President Xi Jinping said on arriving at the White House to meet U.S. President Donald Trump on Thursday, according to the C

Sumeet Bagadia's stock recommendations for Monday: The key benchmark indices of the Indian stock market remained volatile during the week, with the Nifty 50 index extending its weekly losing streak to seven consecutive weeks, marking its longest such losing run in six years. The

Solidigm held pitch meetings this week with investment banks competing for roles on the IPO, in a process known as a "bake-off," one of the people and a fourth person said, marking a concrete step toward what could become the largest-ever US semiconductor listing. The company cou

The Baijnath Choudhary & Family Trust, Anmol's top investor with a roughly 84% stake, is the sole selling shareholder in the IPO. Anmol is not selling any new shares and will not receive proceeds. Founded in 1994, Kolkata-based Anmol has a portfolio of biscuits, cookies and cakes

Credit: AFP China's two leading memory suppliers are moving to raise capital and expand output as demand for chips grows, a shift that could reshape the country's domestic supply chain... Keep me signed in Some subscribers prefer to save their log-in information so they do not ha

Listen to this article in summarized format Forex reserves decreased by $4.9 billion to $780.7 billion, after reaching a peak of $785 billion in the previous week. The fall in reserves comes as valuation of gold reserves decreased by $2.6 billion to $111.2 billion, and foreign cu

Listen to this article in summarized format Market participants said large public sector banks were seen selling dollars at the behest of the Reserve Bank of India (RBI) in a market with thin volume, helping the local currency recover from the near the 96 level despite global cru

National Stock Exchange (NSE) shares witnessed some profit booking on Friday, September 25, falling 1.4% to ₹1792 per share on BSE, after gaining nearly 2% in the previous session. The stock had made its debut on the BSE on Thursday at ₹1,800 per share, a modest 0.84% premium to

Stocks, meanwhile, were buoyed by continued enthusiasm for the AI trade. Oil prices fell about 3% on mounting hopes for a truce between the US and Iran, even as traders worried that increasing attacks against Saudi Arabia by Houthi fighters could disrupt supply from the Middle Ea

Anthropic will spend $11.6 billion over seven years on Akamai’s cloud infrastructure, Akamai said Thursday. That’s more than six times the size of a $1.8 billion deal between the two companies that Bloomberg reported in May. The commitment isn’t ironclad; according to Akamai’s se

Akamai Technologies shares jumped more than 20% in after-hours trading on Thursday after the company announced an $11.6 billion, seven-year cloud computing agreement with AI company Anthropic. (Sources: Akamai, Reuters, TradingView) Under the agreement, Anthropic will use Akamai

Techmeme permalink: https://www.techmeme.com/260924/p48#a260924p48 <a href="https://www.reuters.com/technology/akamai-anthropic-sign-116-billion-cloud-services-deal-2026-09-24/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260924/i48.jpg" vspace="4" /></

Brent futures fell $2.28, or 2.1%, to settle at $104.32 a barrel. West Texas Intermediate (WTI) crude fell $2.20, or 2.3%, to settle at $92.41. That put Brent up less than 1% for the week and WTI down about 8%. US and Iranian negotiators in New York are exploring a phased path ou

The dollar was on track to snap a four-day streak of gains as crude prices slumped more than 2%. Global oil prices have eased as the potential for a truce between the US and Iran outweighed supply concerns from increasing attacks by Houthi fighters against Saudi Arabia. Still the

Spot gold was up 0.1% at $4,282.98 per ounce by 2:05 p.m. ET (1805 GMT). Prices were headed for a weekly loss, down about 2.1% so far. US gold futures settled 0.5% higher at $4,321.20. "The unrelenting surge in Treasury yields has set gold on course for its 4th weekly decline ove