Day: August 27, 2026

Asian chip stocks mixed after Nvidia results as outlook diverges

The Rs 175.06 crore Annu Projects IPO entered its third day of bidding on August 27, with the issue subscribed 47% on Day 2. The IPO has attracted stronger retail participation, while its grey market premium (GMP) stands at around Rs 4, indicating a potential listing gain of about 4%. With the issue closing on…

Symbiotec Pharmalab IPO enters its final bidding day with 5.31 times overall subscription and a Rs 285 GMP. The Rs 1,757 crore issue is priced at Rs 938–988 per share, with listing expected on September 1. Proceeds will partly repay debt, while investors weigh strong demand against premium valuation and risks.

Retirees can now benefit from a retroactive increase in leave encashment tax exemption from ₹3 lakh to ₹25 lakh, as ruled by the ITAT Chennai. Details here.

Central government pensioners and employee associations want the 8th Pay Commission to reduce the 15-year commuted pension restoration period to 10–12 years. They argue that changing interest rates, longer life expectancy and lower mortality have made the existing 15-year rule outdated.

EPFO’s Employees’ Enrolment Campaign (EEC) 2026 gives employers a one-time opportunity to enrol eligible workers who were missed from EPF coverage between April 1, 2009 and March 31, 2026. Employers can use the special window to regularise eligible employees until October 31, 2026.

+13% post-market, this AI-picked software giant crushed results and is now up +42%

Bonanza, recommends Hindustan Zinc, Bank of Maharashtra and Anthem based on strong technical setups and bullish momentum.

IPOs raised about ₹18,349 crore in July and ₹26,302 crore in August through August 26, together accounting for nearly 96 per cent of the FY27 fundraising so far.

Lemon Tree Hotels announced the opening of its 13th operational property in Gujarat, Lemon Tree Premier, Vadodara, strengthening its presence in one of the state’s key commercial and cultural centres.