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The Glass Wall Systems IPO is a book build issue consisting of fresh issue of ₹60 crores and an offer for sale (OFS) of up to 367.89 crore equity shares.
Indian stock market indices are expected to open higher, following positive global cues. However, previous sessions saw declines in the Sensex and Nifty 50. Global uncertainties related to the US-Iran conflict continue to weigh on market sentiment.
Asset Reconstruction Company (Arcil) has set its IPO price band at ₹132– ₹139 per share. The subscription period is from 9 to 11 September, with an anchor investor allocation on 8 September. Shares will be listed on BSE and NSE on 17 September.
Delhi’s roads show monsoon damage with potholes and broken surfaces. Poor drainage exacerbates water accumulation, weakening the bituminous pavement structure. Experts cite inadequate stormwater drains designed decades ago as a primary cause. Road quality continues to deteriorate without significant system upgrades. PWD officials state repairs are underway on damaged city stretches.
Union Road Transport Minister Nitin Gadkari has urged state governments to permit bike taxis for private two-wheeler owners, saying the move could create livelihood opportunities. He also announced a proposed negative point system for traffic violations that could lead to suspension or cancellation of driving licences.
Crowdstrike CEO George Kurtz sells over $4.4m in company stock
US President Donald Trump said Venezuela needs more time before holding elections after the capture of Nicolas Maduro, while praising acting President Delcy Rodríguez for doing a “very good job”
Crowdstrike director Sameer Gandhi sells over $4.3 million in stock
Aura Minerals director Bruno Sousa Mauad sells $10.35 million in shares
National energy services CEO Sherif Foda sells $3.5m in shares