BILKUL BAZAAR— The Daily News Wrap
- Bilkul Bazaar
- 9:00 PM | 15 Sept – 16 Sept 2026
National Business News Highlights
1. Tata Sons listing: RBI moves ahead with regulatory position
The RBI has filed a caveat in the Bombay High Court after rejecting Tata Sons’ request for exemption from mandatory listing, keeping the proposed public listing firmly in focus.
2. Glass Wall Systems makes stock-market debut
Glass Wall Systems (India) made its debut on the NSE at about a 7% premium to its IPO price, below the premium indicated by the grey market ahead of listing.
3. Hero Motors IPO opens for subscription
Hero Motors’ ₹1,000-crore IPO opened on September 16 and will remain open until September 18. The issue attracted strong initial bidding, with subscription reaching 1.38 times later in the day.
4. Jindal Supreme IPO subscribed 7.53 times
Jindal Supreme’s public issue received bids for 7.07 crore shares against 93.99 lakh shares on offer, taking overall subscription to 7.53 times.
5. SS Retail IPO crosses 1.4-times subscription
SS Retail’s IPO, which opened on September 16, received bids for 1.26 crore shares against 87.93 lakh shares on offer, taking subscription to 1.44 times.
6. A-One Steels plans ₹405-crore IPO
A-One Steels India is set to launch a ₹405-crore IPO on September 24. The company plans to use the proceeds for expansion and renewable-energy-related investments.
7. UPI MDR framework takes effect
The new merchant discount rate framework for specified UPI transactions above ₹2,000 has become a major business-policy development, with the government clarifying that the charge applies within the merchant ecosystem rather than directly to consumers.
8. Auto sales hit record August levels
India’s passenger vehicle, two-wheeler and three-wheeler sales reached record levels in August, supported by improved demand, although the high comparison base could moderate growth ahead.
9. Flipkart announces 2.5 lakh festive-season jobs
Flipkart said it plans to create more than 250,000 direct and indirect employment opportunities during the festive season, with a significant share concentrated in last-mile delivery.
10. ACME Solar commissions new Rajasthan capacity
ACME Solar announced commissioning of 66.68 MW of solar capacity along with 300 MWh of battery energy-storage capacity in Rajasthan, adding to India’s expanding renewable-energy infrastructure.
International Business News Highlights
1. Fed decision keeps global markets on alert
Global investors remained focused on the US Federal Reserve’s September policy decision, with bond yields, inflation and the outlook for interest rates driving market sentiment.
2. Global stocks recover as oil prices ease
Global equity markets moved higher on September 16 as oil prices eased and bond yields stabilised ahead of the Fed decision. European and Asia-Pacific markets also recorded gains.
3. Saudi Arabia offers more crude to Asian refiners
Saudi Arabia has offered additional crude-oil cargoes to Asian refiners through ship-to-ship transfers off Oman following disruptions to pipeline routes, potentially easing some supply concerns.
4. Germany considers incentives to boost gas storage
Germany’s economy minister is planning market incentives aimed at encouraging traders to maintain higher gas-storage levels, as Europe continues to focus on energy security.
5. Meta CEO backs stronger incentives for AI safety
Meta CEO Mark Zuckerberg said competition and potential liability already provide AI companies with incentives to build systems safely, while discussions over regulation and AI governance continue.
Quote of the Day
The secret of getting ahead is getting started.
— Mark Twain
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