Royal Enfield Hypershift India Sale Set for October 28
India registrations opened October 16 for the limited-edition Classic 650. The app-only sale requires a ₹20,000 non-refundable booking payment; registering alone does not secure a motorcycle.
India Capital Markets News
Capital-markets reporting focused on India.
Fusion CX IPO: NSE’s Post-Close Display Shows 4.45 Times Demand
NSE’s consolidated display at October 16, 7 PM shows 6,24,64,392 shares bid against 1,40,40,000 offered. Demand is not an allotment result or a listing-return forecast.
Zetwerk IPO Proposes ₹2,160 Crore for Debt Repayment
Zetwerk proposes ₹2,160 crore for debt repayment from fresh proceeds. Its October 15–19 offer includes existing-share sales; one 99-share retail lot costs ₹14,949 at the cap.
RBL Bank to Take Over Emirates NBD’s India Branches From December 1
RBI has sanctioned the Indian-branch amalgamation effective December 1, 2026. This is separate from the 60% share acquisition completed in June; detailed customer migration instructions remain unverified.
REC–PFC Merger Gets Conditional RBI NOC
REC received RBI’s conditional no-objection certificate on October 15. The proposal remains subject to other approvals; the 88-for-100 PFC share ratio is not a completed allotment or an assured gain.
LTM ₹25 Dividend: Tax Documents Due October 22
LTM lists a ₹25 interim dividend declared October 16. Its tax-document cutoff is October 22, one day before the October 23 record date.
Jio Platforms IPO Opens October 21: A 12-Share Lot Costs ₹13,428 at Cap
Jio’s all-fresh IPO is scheduled for October 21–23 at ₹1,065–₹1,119. Check the 12-share minimum, employee discount and RIL shareholder cutoff.
VRL Logistics Moves Buyback Record Date to October 22
VRL has shifted its buyback record date from October 16 to October 22. The ₹320 tender offer is not automatic acceptance of every eligible share.
Tech Mahindra Q2 Profit Rises 32.7%; Board Proposes 1:1 Bonus
Tech Mahindra reported ₹1,586 crore of owners’ profit and ₹16,180 crore revenue. A 1:1 bonus proposal remains conditional; the ₹15 interim dividend is separate.
Wipro Q2 FY27: Revenue Rises 9.1%, Net Income Falls 1.9%
Wipro reports ₹247.5 billion in quarterly gross revenue and ₹32.0 billion in net income. Revenue rose 9.1% year on year, while net income fell 1.9%.
Gold 999 at ₹1,45,942 per 10g in IBJA PM Rate; Purity and Tax Matter
IBJA’s October 15 PM rate for Gold 999 was ₹1,45,942 per 10 grams, ₹122 below the previous PM rate. The published amounts exclude 3% GST and making charges; they are not a city jewellery bill.
Silver 999 Drops 2.59% to ₹2,08,275 per kg in IBJA PM Rate
IBJA’s October 15 PM rate for Silver 999 was ₹2,08,275 per kilogram, down ₹5,547 from the previous PM. The rate excludes 3% GST and making charges, and is not a futures settlement.