Business

03

Sep

By The Press Editor

Business

SBI customers using UPI to face outage on September 4, here’s what they need to know

State Bank of India (SBI), the country's largest public sector bank, has issued an alert that UPI services will be temporarily affected on September 4, 2026, due to scheduled maintenance. According to official information shared by State Bank of India (SBI) on the social media platform 'X', SBI UPI services will be temporarily unavailable for 45 minutes, from 00:15 to 01:00 AM (IST) on September 4, 2026. However, the bank said that UPI Lite Services will work uninterrupted during the maintenance.  Here's what SBI said on UPI During this 45-minute period, UPI payments made from an SBI account through Google…

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03

Sep

By The Press Editor

Business

Deepa Jewellers IPO GMP vs Rays of Belief IPO GMP: Check subscription status, listing date and other details

The subscription window of two initial public offerings (IPOs) - Deepa Jewellers Ltd and Rays of Belief Ltd - will close today, i.e. on September 3, 2026. According to the information available on the National Stock Exchange (NSE), the Rs 460-crore IPO of Deepa Jewellers has so far been subscribed 5.24 times. It received bids for 9,70,24,956 shares against 1,85,20,085 shares on offer. The non-institutional category received 9.07 times subscription, while the retail quota garnered 6.23 times subscription. The quota for qualified institutional buyers (QIBs) was subscribed 47 per cent. The issue was subscribed 3.61 times on the second day…

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03

Sep

By The Press Editor

Business

Lumino Industries listing: Stock makes strong debut, lists at 34% premium over IPO price

Shares of Lumino Industries Ltd made a strong debut on the bourses today. The stock opened at Rs 110 on the National Stock Exchange (NSE) against the issue price of Rs 82, a gain of 34.15 per cent. On the BSE, the stock began trading at Rs 109, up Rs 27, or 32.93 per cent. The stock gained further to touch the high of Rs 113.65. Last seen, it was trading at Rs 111.13 on the BSE, with a gain of 4.07 per cent from the listing price and 38.34 per cent from the IPO price. The market cap of the…

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03

Sep

By The Press Editor

Business

3 September, 2026 Stock Market Updates: Sensex jumps 154 points, Nifty near 24,000 as oil prices hold steady

Indian equity benchmark indices, the Sensex and Nifty, opened in the green on Wednesday amid strong global cues as relatively steady oil prices lift the market after a downbeat start to the week. While the 30-share BSE Sensex gained 154.6 points or 0.20 per cent to start the session at 76,724.95, the Nifty opened with a jump of 83.5 points to 23,997.95. In the last trading session, the Sensex closed at 76,570.35 and the Nifty 50 at 23,914.45. Similarly, the broader indices traded in the green in the early trading session. While the BSE Midcap Select Index was up by…

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02

Sep

By The Press Editor

Business

Healthcare sector stock under Rs 300 to be on investors’ radar amid this update, check details

Shares of North India-based hospital chain Park Medi World will be on investors' radar as Ventura Securities has revised its target for the stock. The stock started the trading session in the red amid a dip in the benchmark indices. The counter opened at Rs 280 against the previous close of Rs 280.90 on the BSE. During the day, it touched an intraday high of Rs 284.30 and an intraday low of Rs 275. Last seen, the stock was trading at Rs 276.65, with a drop of Rs 4.25 or 1.51 per cent from the last closing price. The market…

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02

Sep

By The Press Editor

Business

ESDS Software Solution IPO allotment: Check status on BSE, NSE and MUFG, GMP suggests strong listing

Cloud infrastructure and data centre services provider ESDS Software Solution Ltd is expected to finalise the basis of allotment today, i.e. on September 2, 2206. The 720-crore initial public offering (IPO) has received a strong response from investors and was subscribed 135.88 times on the final day of bidding on Tuesday. According to data available on the National Stock Exchange (NSE), it received bids for 1,67,85,63,340 shares against 1,23,52,942 shares on offer. The portion for qualified institutional buyers (QIBs) got subscribed 261.51 times, while the quota for non-institutional investors received 192.94 times subscription. The retail investor category was subscribed 39.64…

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02

Sep

By The Press Editor

Business

Delhi to Patna in just 4.5 hours: Ashwini Vaishnaw reveals complete route map of bullet train

New Delhi: As the major festivals like Diwali and Chhath approach, we often see crowds throng trains from across the country to Uttar Pradesh and Bihar. People face difficulty in getting confirmed tickets on long-distance trains, and they often travel in general class or go for other means of transport like buses, which take more time compared to trains. However, this issue is going to be resolved soon, as the Indian Railways has unveiled a major plan for high-speed rail connectivity. The rail travel from Delhi to Uttar Pradesh and Bihar could change dramatically in the coming years.  Delhi to…

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02

Sep

By The Press Editor

Business

Japan’s JCR upgrades India’s credit rating to A- with a stable outlook, cites high growth rate

Japanese credit rating agency JCR has upgraded India's sovereign credit rating to 'A-' with a stable outlook, citing a high growth rate of around 7 per cent. In a statement issued on September 2, 2026, JCR said it upgraded India's Foreign Currency Long-term Issuer Rating from BBB+ to A-. Similarly, the Local Currency Long-term Issuer Rating was also upgraded from BBB+ to A-, with a stable outlook. Furthermore, the agency raised India's country ceiling by one notch to A. The agency stated that this is an unsolicited rating, meaning it was issued without a request from the Indian government. Strong…

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02

Sep

By The Press Editor

Business

Sensex ends 373.93 points lower, Nifty near 23,900, IT and auto shares under pressure

Benchmark indices Sensex and Nifty ended the volatile session in the red. While auto and IT stocks dragged markets down, value buying in banking stocks helped the market recover from its intraday lows. The 30-share BSE Sensex closed 373.93 points or 0.49 per cent lower at 76,570.35. During the day, the benchmark hit a high of 76,570.35 and a low of 76,135.72, gyrating 434.63 points. The 50-share NSE Nifty ended with a fall of 141.35 points or 0.59 per cent and closed the session at 23,914.45. Similarly, the broader market ended the session mixed. While the BSE MidCap Select Index…

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02

Sep

By The Press Editor

Business

Gold falls for 6th consecutive day on MCX, silver drops1.26% today amid higher crude oil prices | Check city-wise rates

Rates of precious metals in futures continued to fall on Wednesday, September 02, 2026. The price of precious yellow metal continued to decline for the 6th consecutive session as escalating Middle East conflict lifted oil prices and stoked inflation and rate-hike fears. The gold October 5 contract on the Multi Commodity Exchange (MCX) opened gapped down by Rs 1,696, or 1.11 per cent, to Rs 1,50,033 per 10 grams, down from the previous close of Rs 1,51,729. It dropped further to touch the intraday low of Rs 1,49,665, down Rs 2,064 or 1.36 per cent.  On the MCX, the yellow…

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