Day: August 21, 2026

Elon Musk supports Starlink’s satellite internet for India’s underserved rural communities. The service aims to bridge significant connectivity gaps where 4G access remains limited. Starlink’s network could reach remote areas, overcoming terrain and infrastructure challenges. The Indian government is developing regulatory frameworks for satellite spectrum allocation. Starlink remains in active discussions with the Centre regarding…

A boat capsized Thursday in a river in Nigeria’s northwestern Sokoto state, leaving more than 40 people dead, officials and residents said. The boat was carrying people who were heading to farms for work in Gorau town in the Goronyo local government area of the state. Samaila Garba, 55, said his 13-year-old granddaughter, Jamila Usman,…

8 on board killed as twin-engine charter plane crashes in remote Alaska

Manish Anandani will take over as managing director and chief executive officer of Colgate-Palmolive India from September 28

Tube Investments of India has acquired 20,64,713 shares of face value of ₹1 each of Shanthi Gears Ltd for about ₹77.49 crore. With this, Tube Investments’ stake in SGL has increased to 73.16 per cent

Samsung will host its Galaxy Event on August 27, where it is expected to unveil the Galaxy S26 FE with an Exynos 2500 chip, new AI features, upgraded cameras and Android 17-based One UI

Gaja Alternative IPO GMP: Gaja Alternative Asset Management IPO entered its final bidding day with the issue subscribed 2.44 times on Day 2 and the grey market premium at 11%. With the company reporting strong FY26 profit growth and Anand Rathi Research recommending a “Subscribe – Long Term” rating, investors are weighing the IPO’s growth…

The Tempsens Instruments IPO entered its second day after seeing strong demand on Day 2 with a 5.94x subscription and a grey market premium of 90%. Raising Rs 650 crore, the issue offers shares priced at Rs 285-300 each. Anand Rathi recommends ‘Subscribe: Long Term’ despite full valuations.

Sunshine Pictures’ Rs 282-crore IPO drew overwhelming demand, subscribing 105.81 times. Allotment is expected on August 21, with listing scheduled for August 25 on BSE and NSE. The latest grey-market premium of Rs 80 suggests potential 22% gains. Investors can check allotment via Bigshare, NSE or BSE using PAN or application details.

Shares of three SME IPOs—Technocrats Plasma Systems, ENS Enterprises, and Skytech Infinite Platform—are set to debut on August 21. Technocrats Plasma Systems stands out with a strong grey market premium (GMP) of around 53%, signalling expectations of a robust listing gain, while ENS Enterprises and Skytech Infinite Platform have relatively muted GMPs.