Business

October 28, 2026 10:29 AM

Jio platforms lists at Rs 1,358, commands 21% premium over IPO price

Jio Platforms made a strong debut on the stock market on Wednesday, listing at Rs 1,358 per share, a premium of 21.35 per cent over its issue price of Rs 1,119, following an overwhelming response to its initial public offering (IPO). According to exchange data, the shares were trading at Rs 1,357.4...

October 28, 2026 9:27 AM

Mobile PLI scheme generates ₹25,000 crore in direct taxes: Ashwini Vaishnaw

The government's Production Linked Incentive (PLI) scheme for mobile phone manufacturing has generated ₹25,000 crore in direct tax collections against an incentive payout of ₹19,000 crore, Union Minister for Electronics and Information Technology Ashwini Vaishnaw said on Wednesday. In a post on...

October 28, 2026 8:59 AM

Jio to make trading debut after record $3.2 billion IPO

Reliance Industries Chairman Mukesh Ambani's telecom and digital services arm, Jio Platforms, is set to make its stock market debut in Mumbai on Wednesday after its $3.2 billion initial public offering (IPO) attracted bids worth $77 billion, making it India's most-subscribed offering, according to t...

October 28, 2026 8:27 AM

Global stocks get AI lift, dollar holds steady ahead of Fed decision

Asia stocks rallied on Wednesday after a resurgence in AI enthusiasm ahead of earnings from industry bellwethers later in the US day, while the dollar was perky ahead of a Federal Reserve policy decision. South Korean chipmaker SK Hynix reporting a more than seven-fold rise in quarterly operating p...

October 27, 2026 4:25 PM

Sensex, Nifty end flat as pharma, realty stocks shine

Indian benchmark equity indices ended Tuesday's trading session on a muted note, with the Sensex and Nifty closing largely flat amid mixed sectoral trends and a strong rally in broader markets. The Sensex settled at 73,598.87, down 8.08 points, or 0.01 per cent, while the Nifty ended at 22,749.75,...