Jio IPO: Company awaits clarity on new SEBI norms; launch likely in first half of 2026

Jio Platforms is waiting for the government to issue final guidelines on SEBI’s proposed changes to IPO rules before finalising its listing plans, a senior company official said. The company’s IPO timeline will depend on when these regulatory details are clarified.SEBI in September approved proposals to relax initial public offering requirements for very large companies…

Read More

KONE sets up central region office in Hyderabad

HYDERABAD: In line with its strategy sharpen its focus on fast growing markets of central India, KONE India has set up its central region office in Hyderabad, which is its fifth regional office in the country. The new office will cater to states such as Madhya Pradesh, Chhattisgarh and parts of Maharashtra, in addition to…

Read More

Diesel locomotives being phased out? Indian Railways pushes for engines run on alternative fuels like hydrogen; check details

India is stepping up the adoption of battery and alternative fuel-powered train engines as it moves to phase out diesel locomotives on short and medium-distance routes, following the near-complete electrification of its rail network.With just 405 route kilometres (rkm) left to be electrified out of a total 70,117 rkm, officials said the focus of the…

Read More

Rupee’s decline continues: Currency closes at record low of 90.97 against US dollar; depreciates by 7 paise

Representative image (AI-generated) The Indian rupee weakened by 7 paise on Tuesday, closing at a record low of 90.97 against the US dollar. This comes as strong dollar demand from metal importers and continued foreign fund outflows weighed on investor sentiment.Forex traders said that the rising geopolitical uncertainties, including fresh US expansionary signals, have increased…

Read More

Gold price today: How much 22K, 24K gold cost in Delhi, Mumbai & other cities – Check rates

Gold prices surged to fresh record highs on Tuesday as renewed fears of a potential US–EU trade war pushed investors towards safe-haven assets amid rising global uncertainty.The rally followed tariff threats by US President Donald Trump against European nations opposing his Greenland move, triggering risk aversion across global markets. Precious metal extended gains from the…

Read More