Business

09

Jan

By The Press Editor

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Business

Bharat Coking Coal IPO: Issue fully subscribed withing minutes, check latest GMP and other details

Earlier, Bharat Coking Coal Ltd (BCCL), a subsidiary of Coal India, mobilised over Rs 273 crore from anchor investors. Mumbai: The initial public offering (IPO) of Bharat Coking Coal Ltd, a subsidiary of state-owned Coal India, got fully subscribed within minutes of opening for bidding today, i.e. on December 9, 2025. As per National Exchange Data (NSE) till 2 pm, the issue received bids for 1,95,02,77,800 shares against 34,69,46,500 shares on offer, translating into 5.62 times subscription. The category for non-institutional investors fetched 10.56 times subscription, while the quota for retail individual investors (RIIs) attracted 6.89 times subscription. The qualified…

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09

Jan

By The Press Editor

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Business

Market Opening Bell: Sensex falls 158.87 points, Nifty opens at 26,100, defence stocks in focus

Sensex, Nifty Today On January 9, 2026: In early trade, 887 stocks in the Nifty pack were trading in the green, while 1,563 were trading in the red. Eighty-seven stocks remained unchanged. Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in the red on Friday, January 9, 2026, amid mixed global cues and persistent selling by Foreign Institutional Investors (FIIs). While the 30-share BSE Sensex shed  158.87 points to start the session at 84,022.09, the Nifty fell by 36.45 points to open at 25,840.40. In the last trading session, the Sensex closed at 84,180.96 and the Nifty 50…

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09

Jan

By The Press Editor

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Business

IEX share price: Stock in focus as APTEL hears arguments in market coupling case – Check details

IEX share price: Stock in focus as APTEL hears arguments in market coupling case - Check details Mumbai: Shares of Energy Exchange Ltd (IEX) are in focus amid a hearing by the Electricity Appellate Tribunal (APTEL) on the Central Electricity Regulatory Commission's (CERC) market coupling directions. Amid this, the stock remained highly volatile today. The stock opened at Rs 150 against the previous close of Rs 150.10 on the BSE. It dipped further to touch an intraday low of Rs 141.4, representing a fall of 5.8 per cent. However, the stock recovered as the CERC lawyer sought more time to…

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09

Jan

By The Press Editor

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Business

BHEL share price: PSU stock gains over 4% post securing order from BCGCL, check details

BHEL share price: Bharat Coal Gasification and Chemicals Limited (BCGCL) is a joint venture company of Bharat Heavy Electricals Limited (BHEL) and Coal India Ltd (CIL). Mumbai: A day after tumbling over 10 per cent, shares of state-owned company Bharat Heavy Electricals Limited (BHEL) gained nearly 4 per cent on Friday as the company secured an order from Bharat Coal Gasification and Chemicals Limited (BCGCL) for coal gasification and raw syngas cleaning facilities for the coal-to-ammonium nitrate project at Jharsuguda, Odisha. The stock opened gap up with a gain of 2.5 per cent at Rs 279.10 against the previous…

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09

Jan

By The Press Editor

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Business

Vodafone Idea share price: Stock gains 9% post communication from DoT on AGR dues, check details

Vodafone Idea share price: The government recently approved a major relief package for the company, freezing its outstanding dues and approving a five-year moratorium on payments. Mumbai: The government recently approved a major relief package for the company, freezing its outstanding dues and approving a five-year moratorium on payments.  

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09

Jan

By The Press Editor

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Business

Stocks to watch today: Vodafone Idea, IEX, BHEL and Alkem Laboratories among shares in focus today

Stocks to watch today: Shares of telecom operator Vodafone Idea (VIL) will be in focus on Friday as the company said that it has received a communication from the Department of Telecommunications, providing it relief in the AGR matter. Mumbai: Indian equity markets witnessed a sharp negative session on January 8, 2026 and ended on a cautious note amid sustained selling pressure and cautious sentiment at higher levels. At the close, Nifty ended 263.90 points or 1.01 per cent lower, while the Sensex was down by 780.18 points or 0.92 per cent. During the day, Sensex plummeted 851.04 points, or…

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08

Jan

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Business

Who was Agnivesh Agarwal? Vedanta Group director and son of Anil Agarwal dies at 49; PM Modi condoles

Born in Patna on June 3, 1977, Agnivesh was the son of Anil Agarwal, chairman of oil-to-metals conglomerate Vedanta Ltd. New Delhi: Agnivesh Agarwal, son of metals and mining magnate Anil Agarwal, passed away on Wednesday as he suffered a cardiac arrest in the United States. Agnivesh suffered cardiac arrest following a skiing accident and was being treated at Mount Sinai Hospital in New York. As per reports, he showed signs of recovery before his sudden demise a day earlier.  Who Was Agnivesh Agarwal Born in Patna on June 3, 1977, Agnivesh was the son of Anil Agarwal, chairman of…

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08

Jan

By The Press Editor

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Business

FMCG company plans for major merger, appoints strategic advisor, share trades in green

Meanwhile, the BSE has placed the stock under the Short Term Additional Surveillance Measure Stage 4 (ST ASM-4) framework. Mumbai: Shares of multibagger small-cap stock Elitecon International are in focus as the company has shared an update on a major merger. The cigarette and tobacco product manufacturer, in an exchange filing, said it has taken a major step towards expansion. The company has appointed the global professional services firm Deloitte Touche Tohmatsu India LLP as its advisor for tax, regulatory, and transaction management related to the merger. Amid this, the stock started the trading session in green at Rs 96…

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08

Jan

By The Press Editor

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Business

Fake FASTag Annual Passes: NHAI issues alert over rising online fraud, all you need to know

The NHAI has cautioned users that anyone trying to sell a FASTag annual pass through any website or link should be cautious, as it is a scam and falling for it could cost thousands of rupees. New Delhi: For those who own a vehicle and plan to buy a FASTag annual pass, it is important to be cautious, as cybercriminals have devised a new fraud method and are targeting FASTag annual pass buyers. A simple mistake on the part of vehicle owners can cost them Rs 3,000. The National Highways Authority of India, in a warning related to this matter,…

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08

Jan

By The Press Editor

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Business

Startups, AI entrepreneurs are co-architects of India’s future: PM Narendra Modi

PM Modi said that India should present a unique AI model to the world that reflects the spirit of 'Made in India, Made for the World'. New Delhi: Prime Minister Narendra Modi on Thursday chaired a roundtable with Indian AI startups at his residence. The meeting was attended by 12 Indian AI start-ups who have qualified for the AI for ALL: Global Impact Challenge in the Summit. These startups, which are  working in a diverse set of areas including Indian language foundation models, multilingual LLMs, speech-to-text, text-to-audio and text-to-video; 3D content using generative AI for e-commerce, presented their ideas and…

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