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The IPO, which was open for subscription from August 28 to September 1, received an overwhelming response across investor categories. Overall, the issue was subscribed 135.88 times. Retail investors subscribed 39.64 times their allotted portion, while Non-Institutional Investors (NIIs) bid for 192.94 times the shares reserved for them. Demand was strongest among Qualified Institutional Buyers…
Hugging Face, the artificial intelligence platform US chip giant Nvidia is buying for $12.9 billion, is a French success story — founded by three Frenchmen and incubated in Paris — even if its headquarters and many of its investors are American. Decentralizing artificial intelligence “is much more interesting for society and for humanity in general,”in…
The IPO opened for subscription on August 28 and closed on September 1. The retail portion was subscribed 106.76 times, while non-institutional investors (NIIs) subscribed 166.49 times and qualified institutional buyers (QIBs) subscribed 39.87 times.
The concerns center on agentic AI, which is designed to perform tasks with little to no human intervention. The promise of agents running around the clock is central to investors’ confidence in the appeal of AI as a transformative technology.
Brokerages have recently begun coverage on Adani Ports, Welspun Corp, and Wakefit Innovations, all receiving buy ratings. Analysts project price targets indicating potential gains ranging from nineteen to thirty-four percent. Adani Power is anticipated to excel due to India’s forthcoming thermal capacity expansions, while Welspun Corp stands to gain from increased investments in oil and…
On September 3, four Nifty500 stocks that gained over 5% were highlighted in the RSI Trending Up scan, based on data from StockEdge.com. An uptrend signal is generated when the RSI value crosses above 50 from below, indicating strengthening price momentum and potential upward movement in the stocks.
Karnataka government approved a new department for global investment and overseas affairs. This department will facilitate overseas employment and support foreign investors in the state. It will also address welfare issues concerning Non-Resident Kannadigas abroad. A state facilitation council chaired by the Chief Minister will oversee its functions. Additionally, a panel of ministers was formed…
Two women YouTubers allege police personnel beat them at Saket police station. Police deny these allegations, stating the women obstructed a security route. The women reportedly argued and manhandled a pregnant officer during the incident. They were taken to the station but allowed to leave shortly after. Police maintain the women were not restrained and…
KEA UGNEET 2026 update: The Karnataka Examinations Authority (KEA) has extended the deadlines for UGNEET 2026 first-round medical and dental seat allotment. Candidates can select their choices until 2 PM on September 4, 2026, while Choice-1 candidates must pay fees by 4 PM the same day. Seat confirmation slips can be downloaded after payment, and…
Romanchakam opened with 1.50 crore India net earnings on its first day. The film recorded an overall occupancy of 29.0% across its theatrical screenings. Andhra Pradesh and Telangana contributed 1.65 crore to the film’s opening gross. Meanwhile, Irumudi collected 3.60 crore India net on its fourteenth day. Irumudi’s worldwide gross has now reached 195.80 crore.