The Press Editor

The public issue of Lalithaa Jewellery Mart received a strong response from investors, with a 62.97 times subscription on the final day of bidding on Wednesday. According to the data available on the National Stock Exchange (NSE), the IPO got bids for 3,95,22,17,604 shares against 6,27,61,403 shares on offer. The Qualified Institutional Buyers (QIBs) bid for 145.38 times the shares reserved for them. The non-institutional category was subscribed 73.90 times, and the retail portion received 11.81 times subscription. Now, all eyes are on the allotment of shares, which is expected to be finalised today.  Lalithaa Jewellery IPO Allotment on NSE…

Mumbai: In good news for people planning to buy a home in the national capital, the Delhi Development Authority (DDA) has added 1,287 new flats for sale under the Nagrik Awas Yojana 2026. As before, a 25 per cent discount will be available on these flats, which will be available in the Narela area of the city. Interested buyers can book these flats starting at 12 noon on August 28, 2026, Raksha Bandhan. Includes 790 MIG and 497 HIG flats DDA's new offering includes 1,287 flats. These include 790 MIG (Middle Income Group) and 497 HIG (Higher Income Group) flats.…

New Delhi: Tax planning is no longer simply about making last-minute investments before the end of the financial year. For FY 2026–27, taxpayers should adopt a structured approach that considers their income, investments, deductions, capital gains, and the choice between the old and new tax regimes. According to CA Ruchika Bhagat, MD, Neeraj Bhagat & Co., with the new tax regime continuing as the default regime for eligible individual taxpayers, understanding the available options is essential for making informed financial decisions. Bhagat suggests 10 practical tax-planning strategies every taxpayer should consider for FY 2026–27. 1. Compare the Old and New…

Mumbai: Shares of information technology company Blue Cloud Softech Solutions Ltd are in focus as the company has informed exchanges that it has signed a Memorandum of Agreement (MoA) with the Global Council for Investment and Business for Africa (GCIB) and Cote d'Ivoire - based Afro Mobile SARL to develop telecommunications and digital infrastructure across Africa. Amid this update, the stock opened in the green at Rs 22.45 on the BSE, a gain of 0.26 per cent from the previous close of Rs 22.39 on the BSE. It gained further to touch the intraday high of Rs 23.15, a jump…

Mumbai: Rates of precious metals in futures surged on Thursday, August 20, 2026, amid a decline in US bond yields following the US Treasury's decision to double its buyback of long-term securities. The gold October 5 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 12 at Rs 1,58,008 per 10 grams against the previous close of Rs 1,57,996. It soon touched the intraday high of Rs 1,58,750, a gain of Rs 754 or 0.47 per cent. But it witnessed some profit booking and was last seen trading at Rs 1,57,866, down by Rs 130 or 0.08…

Noida: Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has recently set new strict rules under Regulation 47, updating the 12th amendment about how to collect, manage, invest, transfer, and use interest-free maintenance security (IFMS) funds from homebuyers. The amendment comes amid frequent complaints from buyers that builders charge substantial amounts in the name of maintenance security, with no transparent accounting. The move aims to ensure complete security for buyers' funds and curb fraudulent transfers to Residents Welfare Associations (RWAs) at the time of project handover. According to Venket Rao, founder of Intygrat and former legal advisor to UP RERA,…

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened almost flat on Wednesday amid weak global cues as renewed strength in crude oil prices and a sharp rise in global bond yields continue to weigh on investor sentiment. While the 30-share BSE Sensex jumped 558.77 points or 0.72 per cent to start the session at 77,468.45, the Nifty opened with a gain of 147.15 points at 24,225.45. In the last trading session, the Sensex closed at 76,909.68 and the Nifty 50 at 24,078.30. Similarly, the broader indices traded in the green in the early trading session. While the BSE…