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Friday, September 19, 2025 News Archive

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positive

Figure Valued at $39B After Over $1B Funding Boosts Its AI Robotics Ambitions

Robotics startup Figure has raised over $1 billion in its latest fundraising round, bringing its valuation to $39 billion. The financing will help the company scale production of its home robots and AI-driven automation systems for both consumer and commercial use. Figure plans to deepen its R&D in mobility, manipulation, and AI perception modules. Investors see this as the strongest signal yet that robotics and AI hardware startups commanding high valuations remain in favor, particularly in sectors where software and hardware integration defines product differentiation.
Companies:
  • Figure
Tags:
  • Figure Startup
  • AI Robotics
Reuters• By
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negative

SoftBank Vision Fund Cuts Workforce as It Double-Downs on Foundational AI Bets

SoftBank’s Vision Fund is set to lay off roughly 20% of its over 300 global employees as it pivots away from broad startup investments to focus strongly on foundational AI and infrastructure. The fund has seen strong returns recently and is diverting more resources into data centers, chips, and large-scale AI model capabilities. This change marks a shift in strategy toward deeper, more capital-intensive AI projects instead of a broad portfolio spread. The move may tighten funding for smaller AI startups in niche application areas.
Companies:
  • SoftBank Vision Fund
Tags:
  • SoftBank
  • AI strategy
Reuters• By
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positive

UK-based Wayve Eyes $500M from Nvidia to Accelerate Autonomous Tech

Autonomous driving startup Wayve is in discussions with Nvidia for a potential $500 million investment in its upcoming funding round. The UK firm, which uses camera-based perception and machine learning rather than detailed maps, aims to scale its operations in Germany, Japan, and the US. Nvidia’s possible investment is part of its broader push to control more of the AI ecosystem, especially in robotics and autonomous systems. If completed, the deal could be a major boost for Wayve’s valuation and global footprint.
Companies:
  • Wayve
  • Nvidia
Tags:
  • Wayve
  • autonomous driving
Reuters• By
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positive

OpenAI Pushes into Consumer Hardware with Luxshare Partnership

OpenAI has tapped Luxshare, an Apple supplier, to build a pocket-sized consumer device built for AI-native experiences. The device is expected to be context-aware and integrate closely with OpenAI’s large models. Production planning includes hardware component sourcing from suppliers like Goertek. This marks OpenAI’s deeper move beyond software into the hardware arena, seeking to shape how end-users interact with AI services directly rather than through smartphones. Analysts see high risk but potentially high return if executed well.
Companies:
  • OpenAI
  • Luxshare
  • Goertek
Tags:
  • OpenAI
  • Luxshare
Reuters• By
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negative

SAIC to Trim Stake in Indian Car Venture Amid Regulatory Pressure

China’s SAIC Motor is planning to reduce its nearly 49% stake in its joint venture with Indian partner JSW in MG Motor, and will halt further investment, as investment curbs from Indian regulations tighten. SAIC will continue supplying technology and products but move towards a smaller ownership share. The shift reflects both geopolitical tensions and policy efforts in India to limit foreign control in certain sectors. JSW MG Motor may explore tie-ups with other Chinese EV firms as alternatives are sought.
Companies:
  • SAIC Motor
  • JSW MG Motor
Tags:
  • SAIC
  • JSW MG
Reuters• By
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negative

China Auto Industry Faces Crisis of Overcapacity as Demand Slows

China's automotive sector is in trouble as production has outpaced sales for months. Massive overcapacity, especially in EVs and lesser-known marques, has led to brand-new vehicles piling up in lots or being exported as ‘used.’ Many dealers are selling at losses just to clear inventory and meet manufacturer targets. The crisis is rooted in aggressive production subsidies, local incentives, and policy pressure. Analysts expect many smaller brands to exit or consolidate by 2030 as profitability remains elusive.
Tags:
  • China
  • auto industry
Reuters• By
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positive

India’s Sovereign Rating Upgraded to BBB+ by Japan's R&I Agency

Japan’s Rating & Investment Information (R&I) agency has upgraded India's long-term sovereign credit rating from 'BBB' to 'BBB+' with a stable outlook. The upgrade reflects improved investor confidence in India’s macroeconomic outlook, led by strong domestic demand, disciplined fiscal governance and recent reforms. Though this won’t immediately shift markets drastically, it may reduce borrowing costs for government instruments and increase appeal among global fixed-income investors. Some analysts see this as validation of India’s current policy path, especially given external risks.
Tags:
  • India
  • sovereign_rating
Timesofindia• By
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negative

Sensex, Nifty Slip as Profit Booking Sets In After Weekly Gains

After marking a strong week, Indian indices lost ground today with Sensex falling around 0.5% and Nifty nearing a 0.4% drop. Investors booked profits, especially in IT, FMCG and private banking sectors. Indicators show PSU banks and select realty stocks held up better. Market breadth was mixed, with mid-caps and small-caps showing modest gains despite headline indices dipping. The mood remains cautious as participants await clearer direction from upcoming trade discussions and global rate policy.
Tags:
  • Sensex
  • Nifty
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positive

Adani Shares Rebound Strongly Following SEBI Clean-Up

Shares of Adani Group companies jumped sharply following SEBI’s announcement which dismissed key claims of wrongdoing in transactions flagged by earlier allegations. Adani Total Gas and Adani Power led gains with double-digit jumps, followed by steady improvements across other group firms. The decision is seen by market participants as reducing regulatory overhang and restoring some investor confidence. While stocks remain off their peaks, the recovery is viewed as significant. The clean-up could shift how international and institutional investors view the group going forward.
Companies:
  • Adani Total Gas
  • Adani Power
  • Adani Enterprises
Tags:
  • Adani
  • clean_chit
Reuters• By
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positive

Indian Stock Benchmarks Post Longest Winning Streak in Months

India’s equity markets extended gains for a third week running, aided by a U.S. rate cut and renewed optimism over trade talks with the United States. While investors cheered easing global financial conditions, Friday saw profit booking in sectors like IT and financials. Mid- and small-caps also participated in the strength, though broader indices ended lower on profit taking. Despite the dip, the week-long uptick signals improving sentiment and possible contrast to earlier volatility this year.
Tags:
  • India
  • equities
Reuters• By
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neutral

Market Wrap Sept 19: SENSEX Falls 388 pts, NIFTY50 at 25,327.05; Adani Enterprises up 5%

Indian equity markets ended lower on September 19, snapping a three-day winning streak. The BSE SENSEX fell 388 points to close near 82,626, while the NSE NIFTY50 slipped by about 96.6 points, settling at **25,327.05**.Banking, IT, and financials weighed on the market as profit-booking set in following recent gains.Adani Enterprises surged around 5% after SEBI dismissed several allegations from the Hindenburg report, uplifting other Adani group stocks.
Companies:
  • Adani Enterprises
Tags:
  • Indian Markets
  • Sensex
MoneyControl• By
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neutral

GST 2.0: Explaining the 40% Special Rate, Covering Luxury Cars, Yachts, Sin Goods

India’s GST Council has introduced a new 40% GST slab under GST 2.0 for “sin and luxury goods”, replacing earlier 28% plus compensation cess on these items. Items now under the 40% rate include tobacco (cigarettes, pan masala, gutka), sugary and carbonated drinks, large motor vehicles (petrol cars above 1,200 cc, diesel above 1,500 cc), motorcycles over 350 cc, private yachts and aircraft, among others.The reform simplifies GST slabs to 5%, 18%, plus this new special 40% slab, aiming to discourage harmful consumption while keeping revenue stable.
Tags:
  • GST 2.0
  • 40% GST
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neutral

Jain Resource Recycling's ₹1,250 Cr IPO to Open on Sep 24

Jain Resource Recycling Ltd has announced its IPO will open on September 24, 2025, with a price band of ₹220-232 per share. The total issue size is ₹1,250 crore, including a fresh issue of ₹500 crore and an offer-for-sale (OFS) of ₹750 crore. The IPO closes on September 26. Most of the issue (75%) is reserved for Qualified Institutional Buyers (QIBs), with 15% for non-institutional investors and 10% for retail. Listing expected on October 1.
Companies:
  • Jain Resource Recycling Ltd.
Tags:
  • Jain Resource Recycling
  • IPO
Live Mint• By
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neutral

Online Real-Money Gaming Ban to Take Effect from Oct 1

India’s Promotion and Regulation of Online Gaming Act, 2025 will come into force on October 1, imposing a blanket ban on real-money online games. Platforms offering cash-based games, promotions, payments and financial transactions tied to such services will be prohibited. Violations may carry penalties including imprisonment (up to three years) and hefty fines. The government is holding final consultations with industry and banks, and rules under the Digital Personal Data Protection Act are to be notified by September 28.
Tags:
  • Online Gaming Ban
  • Real-Money Games
Outlookbusiness• By
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neutral

Jain Resource Recycling IPO Price Band Announced

Jain Resource Recycling Ltd. will open an IPO on September 24, 2025, with a price band of ₹220-₹232 per share. The issue size is large, totaling ₹1,250 crore, which includes a ₹500 crore fresh issue and a ₹750 crore Offer For Sale. Being a recycling and non-ferrous metal company, the IPO allows existing shareholders to exit in the OFS portion. GMP data for Jain Resource Recycling was not clearly published at the time of announcement. The IPO’s lead managers, business model, and financials are being closely watched by investors preparing for the large issue.
Companies:
  • Jain Resource Recycling Ltd.
Tags:
  • Jain Resource Recycling
  • IPO
M• By
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positive

Sampat Aluminium SME IPO Opens with Healthy GMP

Sampat Aluminium, a Gujarat-based manufacturer of aluminium wire rods and long products, launched its SME IPO (₹30.53 crore) on September 17 and it closes on September 19, 2025. It is a fresh issue; all shares are new issue. The IPO is seeing a GMP of ~15%, reflecting decent investor interest. The share issue is slated for listing on the BSE SME platform on September 24. Investors are evaluating subscription levels, pricing, and margin compression risks in the metals sector.
Companies:
  • Sampat Aluminium
Tags:
  • Sampat Aluminium
  • IPO
Economictimes• By
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positive

VMS TMT IPO Day 3: GMP and Subscription Status Update

VMS TMT Ltd.’s IPO (₹148.50 crore fresh issue) is open for subscription until September 19, 2025, with a price band of ₹94-₹99 per share. As of Day 3, the issue has been subscribed ~21.75 times, with strong participation especially in the non-institutional and retail categories. The GMP today is about ₹22, suggesting a listing gain of around 22% over the upper price band. Proceeds will go towards repayment of borrowings and general corporate purposes. Investors are showing strong appetite given favorable secondary market sentiment.
Companies:
  • VMS TMT Ltd.
Tags:
  • VMS TMT
  • IPO
Live Mint• By
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positive

GK Energy IPO Opens with Strong GMP Signals

GK Energy, an EPC provider for solar agricultural water pump systems under PM-KUSUM, has launched its IPO of ₹464.26 crore from September 19 to September 23, 2025. The issue is seeing strong grey market interest, with GMP approximately 26% above the issue price. The price band has been set, and anchor investors have committed ₹139 crore at the upper band of ₹153 per share. The strong GMP reflects investor enthusiasm for green energy infrastructure, though analysts caution risk due to sector regulatory and subsidy dependency.
Companies:
  • GK Energy
Tags:
  • GK Energy
  • IPO
Economictimes• By
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positive

Adani Group Stocks Surge After SEBI Clears Manipulation Charges

Shares of Adani Group companies experienced a significant rally on September 19, 2025, following the Securities and Exchange Board of India (SEBI) clearing the conglomerate of stock manipulation allegations linked to U.S. short-seller Hindenburg Research. The market responded positively, with Adani Power shares jumping nearly 9% and other group stocks rising up to 13%. This development has restored investor confidence and is expected to lead to a re-rating of Adani Group stocks. The SEBI's clean chit has alleviated regulatory concerns that had previously weighed on the group's market performance.
Companies:
  • Adani Group
Tags:
  • Adani Group
  • SEBI
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positive

Saatvik Green Energy IPO: GMP Today and Key Details

Saatvik Green Energy Ltd. (SGEL), a solar photovoltaic (PV) module manufacturer, has launched its ₹900 crore Initial Public Offering (IPO), which opened on September 19 and will close on September 23, 2025. The price band for the IPO is set between ₹442 and ₹465 per share. As of September 19, the Grey Market Premium (GMP) stands at ₹50, indicating a potential listing price of ₹515 and an expected gain of 10.75% over the upper price band. The allotment date is scheduled for September 24, with the listing expected on September 26. The funds raised will support SGEL's expansion plans, including setting up a 4.8 GW solar cell and 4 GW module manufacturing facility in Odisha. The company has shown significant growth, with revenues increasing from ₹285 crore in FY23 to ₹1,095 crore in FY25, reflecting a compound annual growth rate (CAGR) of 96%. Investors are advised to consider subscribing to the IPO, given the attractive valuation and strong growth prospects.
Companies:
  • Saatvik Green Energy Ltd.
Tags:
  • Saatvik Green Energy
  • IPO
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neutral

SoftBank Vision Fund Restructures Workforce, Focuses on AI Investments

SoftBank Group's Vision Fund plans to lay off nearly 20% of its over 300 global employees as it shifts away from broad startup investments in favor of bold artificial intelligence (AI) ventures led by founder Masayoshi Son. This restructuring supports Son’s aggressive AI strategy, including investments in foundational models and infrastructure, such as the $500 billion U.S.-based Stargate data center project in collaboration with OpenAI. In the past year, Vision Fund 2 has invested $9.7 billion into AI initiatives, including substantial stakes in chip-related companies like Arm, Graphcore, Ampere, Intel, and Nvidia. This high-risk, capital-intensive shift signals a departure from Vision Fund's former venture capital model and aims to create a vertically integrated AI ecosystem.
Companies:
  • SoftBank
  • Vision Fund
Tags:
  • SoftBank
  • Vision Fund
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positive

Vibranium Labs Secures $4.6M Seed Funding to Develop AI Agents for IT Incident Management

Vibranium Labs, a New York-based startup, has raised $4.6 million in seed funding to develop 'Vibe AI,' a platform that builds agents to detect, triage, and fix IT incidents, including those caused by 'vibe coding'—a practice where developers use text prompts instead of manual coding. The funding round was led by Calibrate Ventures and Mirae Asset, with participation from a16z and Franklin Templeton. The capital will support product development and team expansion. Vibranium Labs aims to address the challenges posed by the increasing adoption of vibe coding in industries like finance, healthcare, defense, media, and retail.
Companies:
  • Vibranium Labs
Tags:
  • Vibranium Labs
  • AI agents
Businessinsider• By
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positive

Nvidia Acquires Enfabrica's Technology and Leadership in $900M Deal

Nvidia has invested over $900 million to hire Enfabrica CEO Rochan Sankar and license the startup's technology. Enfabrica specializes in efficiently networking tens of thousands of AI chips to function as a unified computing unit. This strategic acquisition aims to enhance Nvidia's capabilities in large-scale AI deployments. The deal includes both cash and stock components, with the transaction finalized last week. Enfabrica, founded by former Broadcom and Alphabet employees, has secured $260 million in venture funding and launched a chip-and-software system designed to reduce memory chip costs in AI data centers.
Companies:
  • Nvidia
  • Enfabrica
Tags:
  • Nvidia
  • Enfabrica
Reuters• By
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negative

Apple Delays iPhone Air Release in China Over eSIM Approval

Apple has postponed the launch of its thinner iPhone Air model in China due to regulatory delays in approving its eSIM-only design (no physical SIM slot), according to recent reports. While Apple, to its credit, supports eSIM across its devices, regulatory clearance is still pending. Meanwhile, preorders for other iPhone 17 models (17, 17 Pro, 17 Pro Max) have begun in China. This delay may affect Apple’s strategy in a competitive market with local alternatives.
Companies:
  • Apple
Tags:
  • Apple
  • iPhoneAir
Wall Street Journal• By
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positive

China iPhone 17 Launch Sees Solid Turnout, Pro Max in Demand

At Apple’s Beijing flagship store, the launch of the iPhone 17 has drawn hundreds of customers, especially strong demand for the Pro Max variant approximately priced at 9,999 yuan. The model’s upgraded screen and improved front-camera are seen as appealing upgrades. Analysts forecast an approximate 11% uplift in China shipments for the second half of 2025, helping offset some of the decline Apple saw earlier in the region.
Companies:
  • Apple
Tags:
  • Apple
  • iPhone17
Reuters• By
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positive

iPhone 17 Launch Triggers Strong Demand in India, Long Queues, Offers

Apple’s iPhone 17 lineup (17, 17 Pro, 17 Pro Max, and iPhone Air) went on sale in India starting September 19. Retailers such as Croma are offering exchange bonuses, NeuCoins, and various promotions. There have been reports of queues and even scuffles outside flagship stores, particularly in Mumbai, where the base pricing for some models crosses ₹1 lakh. Distributors like Ingram Micro India will widen reach via IndiaIstore. Offers include cashback and no-cost EMIs.
Companies:
  • Apple
  • Ingram Micro India
  • Croma
Tags:
  • Apple
  • iPhone17
Timesofindia• By
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positive

Apple Eyes Pilot Foldable iPhone Production in Taiwan, Plans Mass in India

Apple is exploring test production of its foldable iPhones in Taiwan while preparing for full-scale manufacturing in India, according to Nikkei Asia. The initiative is part of its strategy to increase shipments by over ten percent in 2026, align with demand for new form factors, and reduce dependence on Chinese manufacturing amid geopolitical tensions. Suppliers are scouting sites in northern Taiwan for the pilot line, ahead of a bigger roll-out in India.
Companies:
  • Apple
  • Foxconn
  • Tata
  • suppliers in Taiwan
Tags:
  • Apple
  • foldable-iphone
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neutral

Private Capex in India Slows in FY26, Long-Term Prospects Still Strong

S&P Global estimates that private capital expenditure in India is unlikely to see large increases in fiscal year 2025-26. Many firms remain cautious due to tariff risks, uncertain trade environments, and tight financing. However, over the next five years, firms are expected to invest over US$800 billion, supported by reforms, infrastructure push, and favorable monsoon rains. Domestic policy levers such as GST rationalization and stable interest rates are seen as buffers.
Tags:
  • India
  • investment
Timesofindia• By
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positive

India-US Tariff Resolution May Be 8-10 Weeks Away, CEA Says

India’s Chief Economic Adviser expects that several penal tariffs imposed by the U.S. could be resolved within the next 8 to 10 weeks, potentially reducing them to around 15%. Trade talks are underway, and optimism is being stoked by forward-looking discussions between both governments. Markets have reacted positively to this possibility, especially in export-oriented sectors, which had been under pressure from earlier tariffs.
Tags:
  • India
  • trade
Timesofindia• By
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positive

Global Economy Weathering Policy Uncertainty, Resilient for Now

Despite aggressive trade policy shifts and tariff threats under new U.S. measures, the global economy appears to be maintaining momentum. Supportive financial conditions, solid corporate and household balance sheets, and easing energy costs are helping cushion shocks. Some countries benefit from artificial intelligence-led productivity gains. But economists warn the risk of worsening inflation, monetary tightening, or geopolitical disruptions that could undo recent gains.
Tags:
  • global
  • economy
Reuters• By
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neutral

India Inflation Edges Up as Food Costs Rise in August

India’s retail inflation rose to 2.07% in August, up from 1.61% in July, driven largely by increases in food items like vegetables, meat, fish, oil and fats, and eggs. Core inflation remains around 4.1%. Economists believe inflation will stay within RBI’s acceptable range for now, especially with tax cuts and GST rate reductions helping curb price pressures through the rest of 2025. Risks include weather-related supply shocks.
Tags:
  • India
  • inflation
Reuters• By
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positive

Infosys Stock Gains Amid Strong Market Momentum

Infosys shares rose ~1.13% recently, outperforming its key competitors in the IT space. The rise came alongside bullish sentiment in the broader market, with indices firming up. Although Infosys remains substantially below its 52-week high, the better-than-average trading volumes suggest investor interest is picking up. Analysts suggest this may reflect expectations from upcoming earnings, as well as hopes of contract wins and margin improvements.
Companies:
  • Infosys
Tags:
  • Infosys
  • IT_sector
MarketWatch• By
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positive

Sun Pharma Outperforms Pharma Peers in Recent Session

Sun Pharmaceutical Industries Ltd. rose ~1.77% in trading, outperforming rival companies in the pharma sector. While the broader sensex saw muted gains, Sun Pharma’s volume exceeded its 50-day average, indicating growing investor interest. Despite the uptick, the stock remains around 16% below its 52-week high. The strong showing reflects confidence in pharma, given easing regulatory concerns and potential tailwinds from global demand for drug supplies.
Companies:
  • Sun Pharmaceutical Industries
Tags:
  • Sun Pharma
  • pharma
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positive

Power Grid Corp Outperforms Sector Peers in Recent Session

Power Grid Corporation of India saw its shares gain approximately 0.68% in a recent trading day, outperforming several electricity-sector peers, despite modest overall market movements. While competitors such as Gujarat Industries Power and Tata Power slipped slightly, Power Grid’s outperforming run has highlighted investor interest in its stability of earnings and transmission business margins. The trading volume for its stock was also higher than average, signalling market attention.
Companies:
  • Power Grid Corporation of India
Tags:
  • Power Grid
  • utilities
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positive

SEBI Dismisses Hindenburg Allegations Against Adani Group

India's markets regulator SEBI has cleared several allegations by Hindenburg Research against the Adani Group, ruling that transactions flagged in the report did not breach disclosure laws or amount to market manipulation. Stocks like Adani Total Gas, Adani Power, and Adani Enterprises saw gains following the ruling, with Power up ~8.4%. Many analysts believe this decision could restore investor confidence in the group. Some shares though remain below their pre-report levels.
Companies:
  • Adani Group
  • Adani Total Gas
  • Adani Power
  • Adani Enterprises
Tags:
  • Adani
  • regulation
Reuters• By
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neutral_to_positive

VMS TMT IPO Live from Sep 17-19, Listing on Sep 24

The IPO of VMS TMT opened on September 17 and closed on September 19, with a listing scheduled for September 24. The price band was set between ₹94 and ₹99 per share. As a steel pipe and TMT bar manufacturer, the company intends to utilize the raised capital for capacity expansion, debt repayment, and working capital needs. Market watchers are keen on subscription levels to gauge listing day performance.
Companies:
  • VMS TMT
Tags:
  • IPO
  • India
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positive

Saatvik Green Energy IPO Opens Sep 19 and Closes Sep 23, Target ₹900 Crore

Saatvik Green Energy has launched its IPO on September 19, closing on September 23, aiming to raise about ₹900 crore. The price band has been fixed at ₹442–₹465 per share. Proceeds from the issue will fund capacity expansion in its renewable energy projects, strengthen balance sheet flexibility, and provide for general corporate expenses. The company is positioning itself as a major domestic solar solutions provider with strong growth ambitions.
Companies:
  • Saatvik Green Energy
Tags:
  • IPO
  • India
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positive

Pine Labs IPO Approved, Could Raise up to US$1 Billion

India’s markets regulator SEBI has approved the IPO of fintech firm Pine Labs. The IPO may raise up to US$1 billion and target a valuation of about US$6 billion. Pine Labs provides payment solutions including point-of-sale machines and will use raised funds to expand overseas operations, improve its technology, and reduce debt.
Tags:
  • IPO
  • India
Reuters• By
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positive

IPO | Ganesh Consumer Products IPO Opens Sep 22 to Raise ₹409 crore

Ganesh Consumer Products is launching its IPO on September 22, aiming to raise ₹409 crore. The IPO has a price band of ₹306 to ₹322 per equity share. It consists of a fresh issue of ₹130 crore and an Offer For Sale (OFS) of ₹279 crore. The fresh issue proceeds are planned for setting up a new gram flour and roasted gram flour production facility near Siliguri, repaying working capital loans, and for general corporate purposes.
Companies:
  • Ganesh Consumer Products
Tags:
  • IPO
  • India
Timesofindia• By
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neutral

Prices Slip for Bitcoin, Ethereum, Solana as Fed Decision Looms

Bitcoin, Ethereum, Solana and XRP saw declines of between 1-5% recently as investors grow cautious ahead of the upcoming U.S. Federal Reserve policy decision. With expectations of an interest-rate cut, market participants are weighing inflation data and central bank signals for signs of easing. Some profit taking has also weighed on the large caps.
Tags:
  • market_movement
  • price-action
Barron's• By
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positive

Tether to Launch USAT, a Fully Compliant U.S.‐based Stablecoin

Tether has announced plans to issue a new stablecoin called USAT by the end of 2025, which will be fully compliant with recent U.S. regulatory requirements. Unlike its existing USDT product, USAT will be backed only by high-quality assets (such as U.S. Treasuries), will not include Bitcoin or gold in its reserves, and will be issued through Anchorage Digital under management by Cantor Fitzgerald. The move comes in response to new regulations introduced by Congress in July demanding greater transparency and auditing of stablecoin reserves.
Companies:
  • Tether
  • Anchorage Digital
  • Cantor Fitzgerald
Tags:
  • stablecoin
  • regulation
Financial Times• By
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neutral

India Resists Introducing Full Crypto Legislative Framework Citing Systemic Risks

According to a government document, India has decided against introducing a comprehensive cryptocurrency legislation at this time. Authorities, including the Reserve Bank of India, are concerned that bringing digital assets fully into the formal financial system may pose systemic risks. While regulation and tax regimes are in place, the government feels current measures are sufficient for now.
Companies:
  • Reserve Bank of India
Tags:
  • regulation
  • india
Reuters• By
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positive

Ganesh Consumer Products IPO Opens Sep 22 to Raise ₹409 crore

Ganesh Consumer Products is set to open its IPO on September 22 with the goal of raising ₹409 crore. The offer has a price band of ₹306–₹322 per equity share, including a fresh issue worth ₹130 crore and an OFS of ₹279 crore. Proceeds will be used for a new production facility near Siliguri, repayment of loans, and general corporate purposes, strengthening its consumer staples footprint in eastern India.
Tags:
  • IPO
  • India
Timesofindia• By
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positive

SEC Approves New Listing Standards for Crypto Spot ETFs

On September 18, 2025, the U.S. Securities and Exchange Commission approved new generic listing standards for commodity‐based exchange‐traded products (ETPs) across major exchanges (Nasdaq, Cboe BZX, NYSE Arca). The change simplifies the process by removing the need for individual applications under Section 19(b) of the Securities Exchange Act. This paves the way for faster and cheaper listings for crypto‐related ETFs, beyond just Bitcoin and Ether.
Companies:
  • SEC
Tags:
  • regulation
  • crypto-ETF
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