Day: August 28, 2026

Motilal Oswal picks 4 auto stocks riding 34% sales growth, and also a risk warning

‘Name dates back 400 years’: Carney rejects Trump’s ‘Lake Ontario’ name change

You can claim full tax exemption on VRS if the scheme was launched under special framework; Know how it works for employees claiming VRS.

Celebrating a paid-off home loan is essential, but ensure to collect original documents, including sale deeds and No Dues Certificates. Per RBI guidelines, lenders must return these within 30 days; failure results in compensation. 

The Ministry of External Affairs has said 290 Indian nationals remain uncontactable, while the Centre is making “urgent efforts” to ascertain their whereabouts and coordinate their rescue

Paluck Technologies and Complete Sports and Management India’s SME IPOs opened for subscription on August 28, 2026, and will close on September 1. While Paluck Technologies’ Rs 33 crore issue commands a GMP of around 52%, Complete Sports and Management’s Rs 74.93 crore IPO has no reported GMP.

Skyways Air IPO allotment is expected to be finalised today after the Rs 582.8 crore issue received an overwhelming 71.25 times subscription. With the grey market premium at around 32%, investors are eyeing potential listing gains ahead of the company’s September 1 debut on the NSE and BSE.

Tempsens Instruments ended a 609-day drought in India’s mainboard IPO market, delivering a 111.3% listing gain on debut. The Rs 650 crore issue listed at Rs 634 against an issue price of Rs 300. While listing gains have improved in 2026, retail investors have become increasingly selective.

The New York Stock Exchange has opened a new regional headquarters in Dallas as Texas strengthens its position as an emerging financial hub. The move comes amid growing competition among exchanges, with Nasdaq expanding its Texas presence and the newly launched Texas Stock Exchange seeking to attract listings and challenge New York’s dominance.

IREN shares fell over 8% after a weaker-than-expected Q4, with revenue and adjusted earnings missing estimates. However, AI Cloud revenue surged, while contracted ARR targets signal strong growth. The company’s transition from Bitcoin mining to AI infrastructure brings significant expansion potential, but heavy capital spending remains a key investor concern.