Pandal work continues despite pending civic work in B’gavi

Manipal Health Enterprises’ Rs 9,275-crore IPO closed with strong demand, subscribed 4.92 times overall. Institutional investors led the subscription, while retail investors showed cautious interest in the healthcare issue. The company plans to use Rs 5,378 crore from the IPO proceeds to repay its existing debt. Additional funds will support acquisitions and general corporate purposes…

Embassy Office Parks REIT will be included in the Nifty 500 and Nifty Midcap 150 from September 30, 2026, as part of NSE Indices’ latest periodic review. The REIT will also enter several other broad-based indices, potentially increasing its visibility and participation from institutional and passive investors.

The Japanese yen is facing its steepest drop in three months, prompting traders to expect more government action to support its value. Key to this situation is the Bank of Japan’s position on interest rates, which directly impacts yen stability. Additionally, rising oil prices and geopolitical tensions in the Middle East are shaping the global…