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SP Group seeks sale of 2-3% stake in Tata Sons
Noel Tata presented a proposal from the SP Group to the Tata Sons board, offering to sell 2-3% of its stake for ₹25,000 crore.
Brookfield to invest up to $600 million in ACME Cleantech Ventures
Brookfield will invest up to $600 million in ACME Cleantech Ventures to develop green ammonia and methanol projects in India and Oman, marking its entry into low-carbon fuels.
Bank of England to keep rate at 3.75% despite inflation
The Bank of England is expected to hold its 3.75% benchmark rate despite UK inflation reaching 3.1% in August, driven by higher fuel costs linked to the Iran conflict.
Steamhouse India shifts to waste-based steam as shares climb 17%
Steamhouse India shifts focus to waste-based steam production, aiming to boost margins above 20% as it phases out its lower-margin coal trading business.
Next raises yearly profit forecast to £1.26bn after sales surge
Next has raised its profit forecasts for the fourth time this year, attributing the increase to unexpected sales boosts from warmer weather and effective marketing strategies.
Dr. Reddy's Laboratories and Gilead Sciences supply lenacapavir royalty free
Dr. Reddy’s Laboratories has signed a royalty-free licensing agreement with Gilead Sciences for investigational once-yearly lenacapavir as HIV PrEP.
Infineon to expand semiconductor role in India, Jochen Hanebeck says
Infineon CEO Jochen Hanebeck highlights India's expanding semiconductor ecosystem, focusing on opportunities in power infrastructure and AI data centres as key growth areas.
ASML teams with Tata Electronics for India's 1st 300mm fab
ASML is evaluating India's industrial capabilities to integrate them into the semiconductor supply chain as it supports Tata Electronics' new 300mm fab in Gujarat.
Infineon CEO Jochen Hanebeck says India becoming key semiconductor player
Infineon Technologies CEO Jochen Hanebeck emphasizes India's crucial role in the semiconductor market, with a 28% workforce expansion reflecting growing confidence in the region.
Narendra Modi kicks off Semicon India 2026 in New Delhi
Prime Minister Narendra Modi inaugurated Semicon India 2026, highlighting India's rapid semiconductor ecosystem expansion and celebrating a 7.8% GDP growth.
China and Hong Kong markets slip after Federal Reserve hike
China and Hong Kong stocks fell as the U.S. Federal Reserve raised interest rates by 25 basis points, signaling potential further hikes this year.
OpenAI asks US court to disclose X Corp's Apple agreement
OpenAI has requested a US court to disclose the settlement details between Elon Musk’s X Corp and Apple, arguing it could impact ongoing antitrust claims against the AI company.
Narendra Modi launches commercial chip production at Mohali and Gujarat
Prime Minister Narendra Modi announced the commencement of commercial chip production by CDIL and Suchi Semicon, marking India's entry into the global semiconductor market.
American financial firm fires 80 customer service staff in India
A US financial firm terminated its entire Indian customer support team of 80 employees during a brief five-minute Google Meet call, sparking outrage and debate online.
Applied Materials to invest $5B in India and develop products
Applied Materials plans to invest $5 billion in India by 2035, focusing on a semiconductor research park in Bengaluru and expanding its R&D workforce and supplier network.
Turtlemint stock rises 7% after Motilal Oswal buy rating
Turtlemint shares rose up to 7% after Motilal Oswal initiated coverage with a buy rating, setting a target price of Rs 180, indicating a potential upside of nearly 41%.
Micron plans Sanand chip production to reach hundreds of millions
Micron Technology plans to increase its Sanand facility's chip production from tens of millions in 2026 to hundreds of millions by 2027, according to CEO Sanjay Mehrotra.
India announces Semicon India 2.0 with $5 billion investment
Semicon India 2.0 aims to foster 200 chip design startups and train one lakh technicians, Union Minister Ashwini Vaishnaw announced at Semicon India 2026.
Novio by Credilio and Indian Overseas Bank launch RuPay card
novio and Indian Overseas Bank have introduced a co-branded RuPay credit card, aiming to expand formal credit access for UPI-active customers and first-time credit users.
Amazon previews discounts before Prime Big Deals Days October 6
Discover incredible savings at Amazon's outlet, with discounts up to 80% on fall essentials like floral tops, Mary Jane shoes, and more, starting as low as $6.
JGB 2-year yield 1.865% on Fed stance and BOJ bets
Short-term Japanese government bond yields surged to their highest in over 30 years as investors anticipate a Bank of Japan rate hike following the U.S. Fed's policy tightening.
NSE IPO opens as New India Assurance and IFCI gain
NIACL and IFCI shares rose up to 9% as the National Stock Exchange of India Ltd (NSE) IPO opened for public subscription, attracting significant investor interest.
Sensex falls 94.43 points and Nifty barely changes amid worries
Sensex fell 350 points from the day's high, while Nifty hovered near 23,200 due to factors like a Fed rate hike, profit booking, and a crowded IPO market.
Tamil Nadu Chief Minister Vijay secures ₹15,300cr investment in London
Tamil Nadu Chief Minister Vijay's UK visit resulted in Rs 15,300 crore in new investment commitments, enhancing the state's industrial growth and job creation prospects.
Icelandic treble raises $18 million, bringing total funding above $40 million
Iceland-based startup Treble has secured $18 million in Series A funding to enhance its voice simulation platform, positioning itself as a key player in the voice AI industry.
RBI stops Tata Sons from bypassing IPO listing rules
The Reserve Bank of India's decision to enforce listing rules aligns with Shapoorji Pallonji Group's long-standing push for a Tata Sons public offering to unlock stake value.
Semicon India Programme upgraded to Semicon 2.0 to boost semiconductors
India is expanding its semiconductor strategy from mobile manufacturing to a comprehensive ecosystem, supported by significant government investment and global supply chain shifts.
National Stock Exchange opens IPO subscription for ₹22,569cr $2.3bn today
The National Stock Exchange of India Ltd's ₹22,569 crore ($2.3 billion) initial public offering opened for subscription, marking one of India's largest-ever IPOs.
Gold climbs 0.8% to $4,295.26 after Fed rate rise
Gold prices increased by 0.8% as investors assessed the US Federal Reserve's interest rate hike, while oil prices lost momentum after an earlier rally.
NSE IPO opens as GMP plunges 43%: Apply or avoid?
The National Stock Exchange of India (NSE) has launched its long-awaited initial public offering (IPO) today.
Practo names Jagnoor Singh CEO starting September 1 2026
Practo has appointed Jagnoor Singh as CEO, effective September 1, while founder Shashank ND transitions to managing director and executive chairman.
Geojit Financial Services gives 'Subscribe' recommendation for SS Retail IPO
Geojit Financial Services recommends subscribing to SS Retail Ltd's IPO, highlighting its rapid growth and strong market position in India's mobile retail sector.
US House passes bill allowing 100% tariffs on India
The US House of Representatives has passed a bill allowing President Donald Trump to impose tariffs of up to 100% on countries buying Russian oil and gas.
Asian LNG prices hit $26 as demand poised to drop
Asian LNG prices have soared to $26/mmBtu, impacting demand across the region. Despite this, India continues to secure spot cargoes, driven by its city gas and fertilizer sectors.
Brent crude steadies near $105 as Saudi offers Asian loadings
Brent crude futures hovered near $105 a barrel following reports of Saudi Arabia offering crude cargoes through ship-to-ship transfers off Oman, easing supply concerns.
Manipal Payment & Identity Solutions opens below ₹805cr IPO price
Manipal Payment & Identity Solutions debuted on the stock market at a 2% discount to its IPO price, following an Rs 805-crore IPO subscribed 1.26 times overall.
Anand Rathi gives Jindal Supreme IPO a 'Subscribe' rating
Anand Rathi recommends subscribing to Jindal Supreme Ltd's IPO, highlighting its diverse steel product portfolio and growth potential in infrastructure and industrial applications.
QS and IBM link SkillsBuild Career Navigator with 1Mentor
QS Quacquarelli Symonds and IBM have partnered to help learners explore career pathways by aligning skills with employer needs through the 1Mentor platform.
US raises interest rate for first time in 3 years
The US Federal Reserve has raised its key interest rate by 25 basis points, the first hike in over three years.
Centre reduces windfall tax on petrol, diesel, ATF exports
The Indian government has reduced the windfall tax on petrol exports from ₹1.5 to ₹0.5 per liter for the next fortnight, starting September 16.
Kheria Autocomp and SpectraA IPOs open, gray market hints gains
Kheria Autocomp and SpectraA Technology Solutions SME IPOs open today, with grey market premiums indicating potential listing gains of 9.90% and 42.37%, respectively.
Oil falls as Saudi Arabia reroutes crude via Sohar port
Oil prices fell 1.2% as Saudi Arabia arranged additional crude shipments through Oman, easing supply concerns after attacks damaged its East-West pipeline.
Tamil Nadu CM C Joseph Vijay secures ₹12,300cr London deals
Tamil Nadu Chief Minister C Joseph Vijay returned to Chennai after a six-day London visit, securing Rs 12,300 crore in investment deals and promising over 10,000 job opportunities.
Bitcoin edges up above $76,305 after Fed interest rate hike
Bitcoin recovered to $76,305 after a sharp drop, as markets absorbed the Federal Reserve's 25 basis point rate hike decision.
Paisabazaar launches daily mutual fund SIP for irregular earners
Paisabazaar has launched a daily SIP option, targeting investors with irregular cash flows, allowing them to invest smaller amounts daily instead of larger monthly contributions.
NSE IPO GMP falls to ₹125, suggests ₹1,910 listing
The much-anticipated NSE IPO opens today, with its grey market premium crashing 43% from last week, raising questions about whether investors should subscribe.
Valor Equity Partners to distribute $8.5 billion of SpaceX stock
Valor Equity Partners, founded by Antonio Gracias, is distributing 8.5% of its SpaceX holdings to limited partners, avoiding market disruption and offering potential tax benefits.
India's Semicon 2.0 refocuses on chip design tools packaging
India should expand its semiconductor strategy to include design and advanced packaging, says expert Chris Miller, emphasizing integration into global value chains for success.
RBI removes ₹1000cr net owned funds rule for co-resolution applicants
The RBI has permitted smaller asset reconstruction companies to participate in insolvency proceedings without meeting the Rs 1,000-crore net owned fund requirement.
Karamtara Engineering set to list with estimated ₹294 opening price
Karamtara Engineering is set to debut on the BSE and NSE, with a grey market premium indicating a potential 16% upside over the issue price.
US Federal Reserve raises rates again, pressuring crypto markets
The Federal Reserve's rate hike increases capital costs, potentially pressuring liquidity-sensitive assets like Bitcoin, while a stronger dollar may reduce crypto risk appetite.
Gold rebounds to $4,283.45 on Thursday after Fed rate hike
Gold prices rose 0.5% after hitting a six-week low, as investors evaluated the Federal Reserve's interest rate hike and potential for further tightening.
China's Manus splits from Meta after government order, seeks $500 million
Chinese-founded AI startup Manus is set to double its valuation to $4 billion in a new fundraising round, following its split from Meta Platforms Inc. earlier this year.
ARCIL IPO debuts with ₹12 gray market premium today
ARCIL shares are set to debut on the stock market today, with a grey market premium indicating a 9% increase over the IPO's upper price band of ₹139.
Rentomojo to list September 17, ₹1,256cr IPO oversubscribed 72.88 times
Rentomojo's IPO was subscribed 72.88 times, with shares commanding an ₹86 premium in the grey market, suggesting a potential 21% gain over the issue price of ₹404.
Citi Research: Cognizant scales AI pilots into larger business deals
Cognizant Technology Solutions is expanding its AI-related bookings into larger commercial engagements, with Citi Research indicating potential growth opportunities in 2027-28.
Tata Sons board weighs RBI IPO push, N Chandrasekaran exit
Tata Sons board faces internal divisions over listing plans and leadership succession, with Noel Tata opposing a public listing and a third term for chairman N. Chandrasekaran.
Mindgrove Technologies aims to earn revenue before fiscal year end
Mindgrove Technologies, a semiconductor design startup from IIT Madras, anticipates generating its first revenues this fiscal year with support from approximately six clients.
Cadence readies India chip design ahead of Tata fab 2028
Cadence Design Systems anticipates increased demand for its EDA tools in India as Tata Electronics' semiconductor fab in Dholera nears production.
Zoho-backed Netrasemi urges government help deploying chips before Semicon India
Netrasemi, a Zoho-backed chip design startup, urges the Indian government to serve as an anchor customer to boost commercialization of its indigenous semiconductor products.
Memory chip shortage and price rises cut India smartphone sales
Smartphone sales in India are projected to drop 25% this festive season, marking the steepest decline in a decade due to soaring memory chip prices.
Shriram Finance plans $500 million bond buyback after MUFG 20% stake
Shriram Finance is set to announce a $500-million bond buyback next week, leveraging free cash flows and reduced borrowing costs after a rating upgrade.
Noel Tata seeks to keep Tata Sons private despite RBI
Noel Tata plans to urge the Tata Sons board to maintain its private status, challenging RBI's decision that could lead to a mandatory stock-market listing.
Oct 15 UPI payments over ₹2,000 attract 0.4% merchant fee
A National Traders' Welfare Board member has urged the Centre to revoke the 0.4% merchant discount rate on UPI payments over Rs 2,000, citing potential harm to business growth.
Fed raises rates after over 3 years, US stocks slip
US stocks closed lower as the Federal Reserve raised interest rates and signaled further tightening. The S&P 500 dropped 0.43%, with energy stocks hit by declining crude prices.
Dow Jones tumbles over 700 points after Fed raises rates
The Dow Jones Industrial Average plummeted over 700 points as investors reacted to the Federal Reserve's interest rate hike and signals of prolonged tight monetary policy.
SpaceX shares rise over 5% ahead of Starship orbital test
Shares of SpaceX increased by over 5% after announcing a new launch date for the Starship, a fully-reusable rocket crucial to the company's business strategy.
US Fed raises rate range to 3.75% to 4%
Federal Reserve Chair Kevin Warsh cited a strengthening US economy and persistent inflation above target as reasons for the recent 0.25% interest rate increase.
Gold falls 1.2% to $4,240.1 after Fed hikes to 3.75%-4%
Gold prices dropped over 1% as the U.S. Federal Reserve raised interest rates, boosting the dollar and diminishing gold's appeal.
October 15 2026 UPI MDR above ₹2,000 attracts 18% GST
Merchants accepting UPI payments above ₹2,000 will incur a 47.2 basis points cost due to an 18% GST on the merchant discount rate starting October 15.
Wayve hires ex-Waymo CFO Elisa de Martel to lead finances
Elisa de Martel, ex-CFO of Waymo, joins self-driving startup Wayve as CFO, succeeding Max Warburton, who transitions to a strategic advisory role.
Cab aggregators can't demand tips before booking rides in India
The Indian government has ordered cab aggregators to stop the practice of advance tipping before booking a ride.
Home prices in NCR up 193% in a decade
The National Capital Region (NCR) has witnessed a staggering 193% increase in home prices over the past decade, according to a new report by industry body ASSOCHAM and Knight Frank Research.
How EU plans to cut trade deficit with China
European Commission President Ursula von der Leyen has vowed to use all possible means to tackle the "unsustainable" trade deficit with China.
Nobel laureate Michael Kremer becomes World Bank's chief economist
The World Bank has appointed Nobel laureate Michael Kremer as its new chief economist.
How did restricted Pakistan-made 'Goree,' 'Chandni' creams enter Indian market
The Central Drugs Standard Control Organisation (CDSCO) has issued a public health warning against two Pakistani cosmetic products, Goree Beauty Cream and Chandni Whitening Cream.
RBI may raise repo rate by 50bps this year: JPMorgan
JPMorgan has predicted that the Reserve Bank of India (RBI) could raise interest rates by a total of 50 basis points (bps) by December.
Indians earning up to ₹25,000/month can now get PF benefits
The Union Cabinet has approved a significant hike in the wage ceiling for Employees' Provident Fund Organisation (EPFO) subscribers.
Flipkart's Big Billion Days sale starts October 9: Check deals
Flipkart has announced the dates for its highly-anticipated Big Billion Days sale 2026.
India-Canada trade deal negotiations might be done by 2026-end
India and Canada are in the final stages of negotiating a Comprehensive Economic Partnership Agreement (CEPA), with hopes to conclude it by the end of this year.
NSE IPO: Selling shareholders eye ₹16,500cr profit
The selling shareholders of the National Stock Exchange (NSE) are poised to make huge profits from its much-anticipated initial public offering (IPO).
Why Tata stocks fell up to 7% today
Tata Group stocks witnessed a major fall today, with losses of as much as 7%.
TikTok founder becomes Asia's richest, overtaking Gautam Adani
Zhang Yiming, the founder of ByteDance, has surpassed Indian billionaire Gautam Adani to become Asia's richest person.
Nithin Kamath says UPI MDR could raise costs for brokers
Zerodha co-founder Nithin Kamath has raised concerns over the proposed Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions.
OpenAI seeks fresh funding at $1.2T valuation
OpenAI, the artificial intelligence (AI) company behind ChatGPT, is in early-stage talks for a new funding round.
New Zealand ratifies landmark free trade deal with India
New Zealand's parliament has approved a landmark free trade agreement with India.
ATM-related shares up by 5% today: What's the reason?
Shares of cash management companies Radiant Cash Management and CMS Info Systems surged up to 5.4% and 5%, respectively, today.
Just 17% merchants willing to bear 0.4% UPI charges: Survey
A survey conducted by LocalCircles has revealed that only 17% of merchants are willing to bear a Merchant Discount Rate (MDR) of 0.4% on Unified Payments Interface (UPI) transactions over ₹2,000.
Jindal Supreme IPO fully subscribed in 30 minutes
The Initial Public Offering (IPO) of Jindal Supreme has been fully subscribed within just 30 minutes of its opening on the first day.
Paytm, MobiKwik rally as UPI fees open new revenue stream
Shares of One97 Communications (Paytm's parent company), CMS Info Systems, One Mobikwik, Yes Bank, and others have surged in trade today.
US advances bill that could hit India with 100% tariffs
The United States House of Representatives has advanced a Russia sanctions bill that could impose tariffs as high as 100% on Indian goods.
UPI MDR: Who gets what from new merchant fees?
The National Payments Corporation of India (NPCI) has released a circular detailing the distribution of the new merchant discount rate (MDR) for Unified Payments Interface (UPI) transactions.
India-New Zealand FTA might come into effect from October 19
The India-New Zealand Free Trade Agreement (FTA), signed on April 27, is expected to come into effect from October 19, as per PTI.
CBI probe against former NSE chief Chitra Ramakrishna to continue
The Supreme Court of India has refused to interfere with the Delhi High Court's decision, which held that the National Stock Exchange serves a public purpose and its officers perform public duties.
UPI payments above ₹2,000 to attract fees starting October 15
The National Payments Corporation of India (NPCI) has announced that a merchant discount rate (MDR) will be applicable on select person-to-merchant (P2M) unified payments interface (UPI) transactions from October 15.
Advance tax deadline is today: Key things to know
The deadline for advance tax filing is today. Taxpayers whose estimated tax liability after TDS/TCS exceeds ₹10,000 are required to pay this installment.
NSE IPO opens September 17, GMP hits 11%
The National Stock Exchange of India (NSE) will launch its initial public offering (IPO) on September 17.
India's unemployment rate eases to 5% in August
India's unemployment rate for adults (15 years and older) has marginally declined to 5% in August, from 5.1% in July, government data released on Tuesday showed.
Sensex tanks 1,300 points from day's high
The benchmark indices, Sensex and Nifty, witnessed a sharp decline on September 15 with the former plunging 1,300 points from intraday highs.
Flipkart creates 2.5L jobs in India ahead of festive season
E-commerce giant Flipkart has announced the creation of over 250,000 direct and indirect job opportunities across India.
Cleartrip's 'Elite' loyalty program is here: How it helps you
Cleartrip, the travel platform owned by Flipkart, has launched a new loyalty program called 'Elite.'
Accenture to pay $25M to settle DEI probe in US
Accenture, an IT consulting firm, has agreed to pay $25 million to the US government.
Musk's X settles antitrust lawsuit with Apple
Elon Musk's X Corp and SpaceXAI, a division of SpaceX, have resolved their antitrust lawsuit against Apple.
Samsung India's public affairs head Rajiv Aggarwal has quit
Rajiv Aggarwal, the head of public affairs and ESG at Samsung India, has resigned after nearly four years in the role.
OpenAI acquires smartphone camera tech firm for over $300M
OpenAI, the artificial intelligence (AI) giant behind ChatGPT, has acquired smartphone camera technology firm Glass Imaging for over $300 million.
Oracle workers face another wave of layoffs
Tech giant Oracle has reportedly started another round of job cuts.
Indian bonds see major decline today: What's the reason?
Indian bonds have taken a hit after the Reserve Bank of India (RBI) announced its plan to sell sovereign notes.
Rupee could hit 100 against US dollar soon, says UBS
The Indian rupee may weaken to triple digits against the US dollar within the next 12-18 months, Bhanu Baweja, Chief Strategist at UBS Investment Bank, has warned.
UPI charges explained: What changes for payments above ₹2,000?
The Indian government has said that no charges will be levied on Unified Payments Interface (UPI) transactions of up to ₹2,000.
Rice is becoming costlier in India. Reason? US-Iran war
Rice, a staple food in India, is becoming more expensive due to the ongoing US-Iran war.
India and Canada start 4th round of trade pact talks
India and Canada have entered the fourth round of negotiations for a Comprehensive Economic Partnership Agreement (CEPA).
Essar's retail arm to acquire UK forecourt operator for £400M
Essar Energy Transition's retail arm, EET Retail, has announced its plan to acquire independent UK forecourt operator SGN Retail.
Indian manufacturers race ahead of global firms in factory leasing
According to a recent report by Savills India, domestic manufacturers are leading the charge in India's industrial real estate sector.
AI stocks plunge as industry leaders urge slower model development
Global AI-related stocks witnessed a major dip on Monday, following Anthropic CEO Dario Amodei's call for a slowdown in the development of AI capabilities.
India's retail inflation rises to 4.82% in August
India's retail inflation surged to 4.82% in August, up from July's 4.45%, according to government data released today.
India extends 654MW power supply to Nepal through 2026
India has approved the export of 654 megawatts (MW) of electricity to Nepal Electricity Authority.
Indiabulls diversifies into fintech with ₹1,050cr deal
Indiabulls has announced its plan to acquire a 70% stake in Fintech Cloud Private Limited for ₹1,050 crore.
This auto component maker plans to raise $400M via IPO
Faridabad-based Victura Group, a leading manufacturer of auto components, has appointed Rothschild as an advisor for its upcoming public listing.
India's formal workforce grows, but women remain underrepresented
India's formal employment sector is witnessing rapid growth, with the Employees' Provident Fund Organization (EPFO) adding 69.03 lakh net members between April and July 2025.
InsuranceDekho co-founders consider stepping down ahead of IPO
InsuranceDekho's co-founders, Ankit Agrawal and Ish Babbar, are reportedly considering stepping down from their roles in the IPO-bound company.
Who will lead HDFC Bank next? Here are top contenders
HDFC Bank has nominated two candidates for its top job: Deputy Managing Director Kaizad Bharucha and an external candidate.
TRAI rethinks spam rules as legitimate AI calls increase
The Telecom Regulatory Authority of India (TRAI) is working on a new regulation to prevent legitimate AI business calls from being marked as spam.
Anthropic signs $13.7B AI compute deal with RUM Group
Anthropic has signed a six-year compute agreement worth $13.7 billion with RUM Group, as reported by The Information.
SoftBank raises $11.87B loan for OpenAI investment
SoftBank Group has secured an $11.87 billion loan to fund its investment in US-based artificial intelligence (AI) firm OpenAI. The amount is higher than the initial target of $10 billion.
India's wholesale price inflation rises to nearly 10% in August
India's wholesale price inflation has seen a marginal rise, hitting 9.92% in August 2026 as compared to 9.78% in July.
Anthropic picks Nasdaq for IPO
Anthropic, the AI company behind Claude chatbot, is gearing up for a major initial public offering (IPO) on Nasdaq.
Gold falls as US inflation data fuels Fed rate-hike bets
The price of gold has witnessed a slight dip, following the release of hotter-than-expected US inflation data.
SoftBank plunges 13% as AI chiefs urge slower development
SoftBank Group's shares plummeted over 13% in Tokyo on Monday, marking their biggest fall since late June.
Brent nears $110 as US-Iran conflict drives oil higher
Oil prices witnessed a sharp spike on Monday, with Brent crude breaching the $107 per barrel mark. The surge is mainly due to rising tensions in the Middle East and fears of potential disruptions to global energy supplies.
Tata Sons could be valued ₹9-12.5L crore in an IPO
Tata Sons, the holding company of the Tata Group, could be valued between ₹9 lakh crore and ₹12.5 lakh crore in a potential initial public offering (IPO), as per the Economic Times.