SEBI is reversing its own expiry-pricing rule ten weeks after bringing it in

Punjab, Oct. 16 -- SEBI is reversing itself on how derivatives expiry prices are set, restoring the 30-minute volume-weighted average price and putting the closing-auction formula on hold for at least... Read More

A defence firm was 7 times subscribed and a unicorn could not fill a third of its book

Punjab, Oct. 16 -- Two Indian companies opened IPOs in the same week. A defence imaging firm was nearly seven times subscribed by day two. A manufacturing-services unicorn was at 27 per cent. The gap ... Read More

The Pentagon wants to hold the school bombing report until after the midterms

Punjab, Oct. 16 -- Pentagon officials reportedly want to withhold an internal report into the bombing of a school in southern Iran until after the US midterms at the earliest. The attack killed at lea... Read More

Trump told Zelensky off for hitting Russian refineries, and the EU told Trump off

Punjab, Oct. 16 -- Trump criticised Zelensky over Ukrainian strikes on Russian oil refineries, arguing the attacks were driving up global energy prices. The EU's foreign policy chief responded that pr... Read More

America signed a billion-dollar Apache deal, and settlers burned olive trees

Punjab, Oct. 16 -- The United States has signed a deal to supply Israel with 12 Apache gunships for about one billion dollars. The Rafah crossing stayed shut for a second week. And Israeli settlers at... Read More

Urban Company is raising Rs 2,500 crore a year after listing, as losses triple

Punjab, Oct. 16 -- Urban Company's board has approved a Rs 2,500 crore fundraise - roughly a year after it listed - while its quarterly loss more than tripled year on year to Rs 182.5 crore on revenue... Read More

Modi received the Asian Games contingent at the ground where the Games began

Punjab, Oct. 15 -- Narendra Modi met India's Asian Games contingent at the Major Dhyan Chand National Stadium in Delhi on Thursday afternoon - athletes, coaches, support staff, Indian Olympic Associat... Read More

Wipro's revenue grew 9 percent and its large deals fell 59 percent

Punjab, Oct. 15 -- Wipro's revenue grew 9.1 per cent last quarter. Its large-deal bookings fell 58.6 per cent. Both numbers are in the same results announcement, and the second one matters far more th... Read More

Sensex surged 1,534 points and the smallcaps fell anyway

Punjab, Oct. 15 -- The Sensex surged 1,533.72 points on Thursday - 2.11 per cent - to close at 74,315.61, its biggest single-day gain of the month. The Nifty added 374.65 to 22,997.35. And in the same... Read More

The Supreme Court has issued notice to the Chief Election Commissioner

Punjab, Oct. 15 -- The Supreme Court has issued notice to the Election Commission, Chief Election Commissioner Gyanesh Kumar and both Election Commissioners on a petition by Rahul Gandhi and other opp... Read More

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