SPIRIT OF MUMBAI

Mumbai, 5 August, 2026: Shares of Bengaluru-based Manipal Health Enterprises Limited, which is the largest pan-India multispecialty hospital network by bed capacity as of March 31, 2026 (Source: CRISIL Report), listed at Rs 655 on the BSE with a premium of 11% to the IPO price. The scrip reached a high of Rs 675.80 on the NSE, and Rs 676.05 on the BSE. The scrip closed at Rs 663.15 on the NSE and Rs 666.70 on BSE. As per NSE, the total quantity traded stood at 470.08 lakh shares, on BSE the total Quantity stood at 43.91 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 3,365.86 crore. The Market Capitalisation of the Company at today’s closing price stood at Rs 87,696.20 crore as per BSE and Rs 87,229.24 crore as per NSE. The issue received bids of 44,30,73,025 equity shares against the offered 9,00,88,286 equity shares, according to data available on the stock exchanges. Qualified Institutional Buyers (QIB) and Retail Portion were subscribed 8.25 times and 0.93 times, respect...

Highlights of Q1FY27: 23% YoY growth in premium income, exceeding industry growth of 11% 25% YoY growth in motor, compared with industry growth of 14% 5% YoY increase in net profit  AUM up 8.9% YoY to ₹14,573 Cr from ₹13,377 Cr 8% growth in financial advisor hiring YoY National, Aug 5, 2026: Shriram General Insurance Company (SGI) delivered a strong start to FY27, outperforming the industry across its key business segments. The company reported a 23% year-on-year increase in Gross Direct Premium (GDP) to ₹1,180 Cr in Q1FY27, compared with ₹960 Cr in the corresponding quarter last year, significantly ahead of the industry's 11% growth. Motor insurance, which is the core of SGI’s business, led its growth in the first quarter, expanding by 25%, which comfortably surpassed the industry's 14% growth. The personal accident portfolio matched the industry's strong 47% growth. SGI’s focus on profitable growth continued delivering results, with net profit rising 5% year-on-year to ₹1...

An ambitious vision for gold’s role in India’s journey towards developed economy by 2047  • A multi-decade vision to elevate gold as a key strategic contributor for Viksit Bharat in 2047  • The ambitions include 10-15% domestic mining, 10-15% domestic gold mobilisation, India becoming the #1 global jewellery exporter, stronger policy and institutional coordination through a proposed National Gold Board and a Gold Innovation Centre to catalyse innovation and technology adoption across the gold value chain.    Mumbai, August 4, 2026: The World Gold Council today released a landmark vision document for Indian gold industry titled “Swarnim Udaan 2047: Unlocking the Full Potential of Gold Towards Viksit Bharat 2047,”. The report, developed with Monitor Deloitte as knowledge partner, sets out a long-term roadmap to reposition gold as a strategic economic lever for India’s economic growth and global competitiveness.  As India advances toward its US$30 trillion econ...

  Ministry of Communications Mumbai Investors’ Meet Attracts Fresh ₹2,000 Crore Commitments; Telecom Manufacturing Zone Set to Generate over 18,000 Employment Opportunities India Advancing Towards a Global Standard, Best-in-Class Manufacturing Ecosystem Led By PM Modi: Scindia Mumbai : 4 August 2026 Union Minister for Communications and Development of North Eastern Region Jyotiraditya M. Scindia, along with Madhya Pradesh Chief Minister Dr. Mohan Yadav, today co-chaired the second Investors’ Meet in Mumbai for India’s first and only Telecom Manufacturing Zone (TMZ) in Gwalior, securing fresh investment commitments worth ₹2,000 crore for the initiative. The meeting witnessed participation from nearly 18 leading industry players from across the telecom ecosystem, with the latest commitments expected to generate close to 4,000 employment opportunities. With the Mumbai commitments, the Telecom Manufacturing Zone has now attracted cumulative investment commitments worth ₹5,500 crore and...

  TMZ will strengthen India’s position on the global telecom manufacturing map: Union Minister of Communications, Shri Jyotiraditya M. Scindia ⁠India's first-of-its-kind Telecom Manufacturing Zone in Gwalior will advance Prime Minister Shri Narendra Modi's Vision of Aatmanirbhar Bharat DoT and COAI Organise Investor Roundtable and Strategic Roundtable on Capitalising India’s Telecom Decade and Promoting Telecom Manufacturing Zone The Department of Telecommunications (DoT), Ministry of Communications, Government of India in collaboration with the Cellular Operators Association of India (COAI), organised two important industry engagements in Mumbai today to advance the proposed Telecom Manufacturing Zone (TMZ) coming up in Gwalior, Madhya Pradesh. Both engagements were jointly chaired by Shri Jyotiraditya M. Scindia, Union Minister of Communications and Development of North Eastern Region and Dr. Mohan Yadav, Chief Minister of Madhya Pradesh along with Shri Amit Agrawal, Secretar...

Mumbai, 3 August, 2026: Mumbai-based Encube Ethicals Limited has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). The IPO, with a face value of Re 1, is a complete offer for sale of Rs 3000 crore by promoters – Mehul Madhusudan Shah, and Investor Selling Shareholder - Frontier Investment Holdings Pte. Ltd. The issue is being made through the book-building process, in line with SEBI ICDR Regulations, wherein not more than 50% reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for Retail Individual Investors (RIIs). About the Company Incorporated in 1995, the company is global specialty pharmaceutical formulations platform with deep domain expertise in technically complex topical and transdermal dosage forms, serving 50 countries including regulated markets such as the United States, UK and Euro...