SPIRIT OF MUMBAI

Non-institutional investors portion subscribed 6.46 times on Day 2 Issue closes on Wednesday, August 19, 2026, for bidding August 18, Mumbai: The Initial Public Offering of Lalithaa Jewellery Mart Limited was subscribed 3.07 times on the second day of bidding, demonstrating strong demand from retail, qualified institutional buyers (QIB) and non-institutional investors for this IPO. The issue received bids of 19,25,66,944 equity shares against the offered 6,27,61,403 equity shares, according to data available on the stock exchanges. Retail Portion and Non-institutional portion were subscribed 2.78 times and 6.46 times respectively. Qualified Institutional Buyers (QIB) was subscribed 1.02 times whereas employee reserved portion was subscribed 3.09 times. The issue kicked off for subscription on Monday, August 17, 2026, and will close for subscription on Wednesday, August 19, 2026. Brokerage houses recommend company Leading brokerage firms like Adroit Financial, BP Wealth, GEPL Capital, ...

₹36,441-crore Khelo India Scheme targets 10-fold expansion in athlete support; focus on scientific talent identification, sports infrastructure, coaching, sports science and technology Mumbai, 18 August 2026: The Sports Authority of India (SAI), Regional Centre Mumbai, today organised a press interaction on the Khelo India Revamped Scheme (2026–31), highlighting the Government of India’s expanded vision to strengthen India’s sporting ecosystem and create a seamless pathway for athletes from grassroots participation to national and international sporting excellence. With Maharashtra being one of India’s leading sporting ecosystems, the interaction focused on how the expanded Khelo India framework can further strengthen the State’s sporting pathway — from schools and grassroots talent identification to Khelo India Centres, Emerging Khelo India Athletes, high-performance training, competitions and ultimately the national and international stage. The revamped Khelo India Scheme represents ...

India’s premier professional human pyramid league returns with 16 franchises and over 3,000 athletes competing across three days The 16 team captains came together to create the ‘Pyramid of Unity’, celebrating the spirit of Independence Day through culture and sport Season 4 to be held from August 25–27, 2026, at SVP Dome, NSCI, Worli, Mumbai Suryakumar Yadav joins the league as Brand Ambassador; Season 4 to be streamed live on JioHotstar Mumbai, August 17, 2026: The Pro Govinda League (PGL), India’s premier professional human pyramid league, merged the high-octane energy of traditional sport with haute couture today in a spectacular fashion show to unveil its Season 4 team jerseys. Marking a historic first for the sport, the celebration also served as a tribute to India’s Independence Day. Sixteen team captains, alongside their franchise owners, built a breathtaking ‘Pyramid of Unity’, a powerful visual representation of strength, harmony, and the collective spirit of a nation coming ...

  The transformation introduces a new visual and sonic identity and tagline for Crompton. It also launches super-premium brand: Crompton Rhion, alongside strengthening Energion   Mumbai, 18 August 2026 : Crompton Greaves Consumer Electricals Ltd., one of India's leading consumer electrical companies, today unveiled its new Master Brand identity, marking the next chapter of Crompton 2.0; the company's strategic transformation into an innovation-led consumer-centric business. Over the last decade, Crompton has strategically expanded beyond its core categories through sustained investments in technology and product innovation. The new brand identity reflects this business evolution, creating a unified platform while supporting the company's next phase of innovation, premiumisation and long-term growth.   At the heart of Crompton's refreshed identity is “Cephyr” (pronounced SAF-FYR), the Crompton Greaves Consumer Electricals Ltd.’s new emblem and primary visual expression. ...

  NFO Opens: 18 August 2026; Closes:  1 September 2026 Mumbai, August 18, 2026: Invesco Mutual Fund today announced the launch of Invesco India Pharma and Healthcare Fund (An open ended equity scheme investing in Pharma, Healthcare and allied sectors).  The fund seeks to capitalize on India's evolving healthcare ecosystem, which is being shaped by favourable demographics, expanding healthcare access, rising insurance penetration, growing global pharmaceutical leadership, and emerging innovation-driven opportunities across healthcare and life sciences. The scheme will invest across pharmaceutical companies, hospitals, diagnostics, contract development and manufacturing organizations (CDMOs), contract research organizations (CROs), medical devices, healthcare services, insurance and other allied healthcare segments. India today occupies a unique position in the global healthcare ecosystem, supported by its scale, talent pool, manufacturing capabilities and growing innovatio...

'Visit Malaysia 2026' extended until 2027; Grand 'Sales Mission' in Mumbai to attract Indian tourists Mumbai, Aug 17, 2026: Recognizing the growing importance of the Indian market in the international tourism sector, 'Tourism Malaysia' has accelerated its expansion to attract Indian tourists. The duration of the 'Visit Malaysia 2026' campaign has now been extended to 2027. Under this initiative, a grand 'Sales Mission Series 2' has been organized across major Indian cities—Chennai, Mumbai, and New Delhi—between August 12 and August 20, 2026. Through this campaign, the goal is to encourage Indian tourists to explore Malaysia's scenic, historical, and cultural destinations beyond just the traditional Kuala Lumpur and Genting Highlands. Led by Mr. Mohd Amirul Rizal Abdul Rahim, Director General of Tourism Malaysia, and organized in collaboration with 'Batik Air', this trade initiative sees participation from 47 Malaysian tourism stakehol...