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Glass Wall Systems IPO GMP vs Karamtara Engineering IPO GMP vs LCC Projects IPO GMP: Check subscription status
10
Sep
By The Press Editor
Business

Glass Wall Systems IPO GMP vs Karamtara Engineering IPO GMP vs LCC Projects IPO GMP: Check subscription status

Amid volatility in the secondary market, investors have opportunities to make money in the primary market as several companies open their initial public offerings for subscription. While speciality chemicals manufacturer Prasol Chemicals has received bids for 39.43 lakh shares against 54.43 lakh shares on offer, suggesting a 72 per cent subscription, the facade solutions provider Glass Wall Systems (India) Ltd was subscribed 22 times as it received bids for 13.53 crore shares against 1.64 crore shares on offer on the second day of the subscription. Let's look at the latest grey market premiums (GMPs) for all these public issues. Prasol…
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EPF advance withdrawals new rules 2026: Check new limits for housing, education, illness needs
10
Sep
By The Press Editor
Business

EPF advance withdrawals new rules 2026: Check new limits for housing, education, illness needs

In a big relief for provident fund (PF) account holders, the Employees' Provident Fund Organisation (EPFO) has changed the rules for EPF advance withdrawals. Sharing the information on its social media platform X, the provident fund body said that new rules and withdrawal limits for EPF advances have been made to meet essential needs such as education, medical treatment, and housing. The EPFO ​​has also shared information about the number of withdrawals allowed for different needs.  According to the new rules, an employee is eligible to withdraw an advance after completing 12 months of EPF membership.  How much EPF advance…
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Planning to buy home with a sibling? Here are 6 must-consider factors to decide before you sign
09
Sep
By The Press Editor
Business

Planning to buy home with a sibling? Here are 6 must-consider factors to decide before you sign

Buying a home with a brother or sister can make homeownership more achievable. Two incomes can potentially improve loan eligibility, while sharing the down payment and EMIs can make a larger property more affordable. But buying together also means making decisions about ownership, money and the property that can continue for years after the purchase. That is why experts say siblings should settle the key terms before they buy, rather than figuring them out along the way.  "There is no general legal prohibition on siblings owning property together. However, whether a brother and sister can jointly take a home loan…
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Cabinet approves four-laning of 7 high-density railway corridors to boost capacity
09
Sep
By The Press Editor
Business

Cabinet approves four-laning of 7 high-density railway corridors to boost capacity

The Cabinet Committee on Economic Affairs (CCEA) has approved several railway multitracking projects worth around Rs 11,000 crore across five states. These multi-tracking proposals are poised to streamline operations and alleviate congestion on some of the country's busiest rail routes. At a Cabinet briefing, Railway Minister Ashwini Vaishnaw said that the Cabinet has approved four-laning of seven high-density railway corridors and quadrupling the existing network. These include the Delhi-Howrah, Howrah-Mumbai, Delhi-Mumbai, Delhi-Guwahati, Delhi-Chennai, Howrah-Chennai, and Mumbai-Chennai routes. The projects are planned under the PM-Gati Shakti National Master Plan with a focus on enhancing multi-modal connectivity and logistics efficiency through integrated planning and…
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Shares of recently listed Waterways Leisure to be in focus as company unveils Cordelia Sky
09
Sep
By The Press Editor
Business

Shares of recently listed Waterways Leisure to be in focus as company unveils Cordelia Sky

Shares of recently listed Cordelia Cruises operator Waterways Leisure Tourism Ltd will be on investors' radar as the company has announced the details of its newest fleet addition - Cordelia Sky. The ship's maiden voyage from Mumbai is scheduled for October 23, 2026. Sharing the details with the exchanges, the company said the addition will expand its capacity by offering 1,002 staterooms with double occupancy.  Share price today Meanwhile, the company's share opened flat at Rs 106.75 on the BSE. Later, it touched the intraday high of Rs 108.90 and an intraday low of Rs 104.10. At the close, the…
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Gold, silver rise on MCX amid firm demand as dollar remains muted | Check city-wise rates
09
Sep
By The Press Editor
Business

Gold, silver rise on MCX amid firm demand as dollar remains muted | Check city-wise rates

Rates of precious metals in futures gained on Wednesday, September 09, 2026, as the dollar stayed muted, with renewed US-Iran tensions and upcoming inflation data keeping focus on rate expectations. The gold October 5 contract on the Multi Commodity Exchange (MCX) opened with a fall of Rs 459 or 0.30 per cent at Rs 1,52,120 per 10 grams against the previous close of Rs 1,52,579. However, it gained amid firm demand and touched an intraday high of Rs 1,53,599, up Rs 1,020 or 0.66 per cent. Last seen, it traded at Rs 1,53,407, up Rs 828. On the MCX, the…
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Healthcare stock trades in green as company incorporates subsidiary to set up 550-bed hospital
09
Sep
By The Press Editor
Business

Healthcare stock trades in green as company incorporates subsidiary to set up 550-bed hospital

Shares of Park Medi World Ltd are on investors' radar today after the company announced the incorporation of a wholly owned subsidiary to set up a 550-bed hospital. The stock opened in the green even as benchmark indices Sensex and Nifty tumbled as escalating tensions in West Asia pushed crude oil to near the USD 100-per-barrel mark. Selling in IT stocks and fresh foreign fund outflows also dented investors' sentiment. While the 30-share BSE Sensex tanked 500.25 points to 75,060.61, the 50-share NSE Nifty declined 129.40 points to 23,506.10. Share price today The stock started the trading session in the…
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6 mainboard IPOs open for subscription on a single day for the first time in 30 years, check GMPs
09
Sep
By The Press Editor
Business

6 mainboard IPOs open for subscription on a single day for the first time in 30 years, check GMPs

Indian stock markets set a unique record today, i.e., on September 9, 2026, as six mainboard initial public offerings (IPOs) opened for subscription on a single day. This follows a gap of around 30 years. According to Prime Database data, the last time exactly six IPOs opened on a single day was on October 14, 1996. Seven IPOs were also launched on October 28, 1996. The six companies launching IPOs today are poised to raise about Rs 4,509 crore. This amount is far higher than 30 years ago, when IPOs raised only Rs 22 crore in a single day. Rentomojo…
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Pune-based Force Motors trades ex-date for Rs 50 dividend today, check share price and other details
09
Sep
By The Press Editor
Business

Pune-based Force Motors trades ex-date for Rs 50 dividend today, check share price and other details

Shares of Pune-based automotive firm Force Motors are in focus as they trade ex-dividend for a Rs 50 dividend per equity share, with a face value of Rs 10 each. Force Motors is paying this dividend to shareholders for fiscal year 2025-26, which it announced in April 2026 along with the financial results for the previous fiscal year. Force Motors dividend history Force Motors has declared a dividend of Rs 50, or 500 per cent per share, with a face value of Rs 10. Earlier, the company had declared a dividend of Rs 40 per share to shareholders in fiscal…
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