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Strong demand for Sahajanand Medical Technologies Limited's IPO – subscribed 0.82 times on Day 2 of IPO

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Qualified Institutional Buyers portion subscribed 1.12 times on Day 2 Issue closes on Monday, October 19, 2026, for bidding 16 October, Mumbai: The Initial Public Offering of Sahajanand Medical Technologies Limited was subscribed xxx times on the second day of bidding, demonstrating strong demand from retail and Qualified Institutional Buyers (QIB) for this IPO. The issue received bids of 80,36,270 equity shares against the offered 97,50,482 equity shares, according to data available on the stock exchanges. Retail Portion and Non-institutional portion were subscribed, 0.83 times and 0.51 times, respectively. Qualified Institutional Buyers (QIB) was subscribed 1.12 times. The issue kicked off for subscription on Thursday, October 15, 2026, and will close for subscription on Monday, October 19, 2026. A day before the opening of the issue, Sahajanand Medical Technologies Limited had raised nearly Rs 140 crore from anchor investors. Brokerage houses recommend company Leading brokerage firm...
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India at the UN: Stability in the Middle East Is Essential, Safety of 10 Million Indian Expatriates a Key Priority

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*16th October, New York* – During an open debate at the United Nations Security Council (UNSC) on the sensitive situation in the Middle East, India delivered a firm and clear national statement. Expressing deep concern over the ongoing tensions in the region, Ambassador P. Harish, India's Permanent Representative to the United Nations, made it clear that India has significant and direct interests in maintaining the security and stability of the entire region. In a statement, India's Permanent Mission to the UN in New York reported that Ambassador Harish emphasised that approximately 10 million Indian nationals currently reside in the countries of the Gulf Cooperation Council (GCC). As a result, any unrest or conflict in the Middle East directly affects the lives and livelihoods of expatriates. Speaking at the international forum, India strongly called on all parties concerned to exercise utmost restraint, immediately de-escalate hostilities and tensions, and return to dialogue ...
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‘Khadi Mahotsav-2026’ organized in Mumbai with the aim of taking Prime Minister Shri Narendra Modi’s call of ‘Har Ghar Swadeshi, Ghar-Ghar Swadeshi’ to Gen-Z.

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Shri Manoj Goel, Chairman, KVIC inaugurated ‘Khadi Mahotsav-2026’; emphasised the importance of connecting the younger generation with the Swadeshi movement. 77 units from 12 states across the country are showcasing a diverse range of Khadi and village industry products.  An initiative to connect Gen-Z with Khadi and the Swadeshi movement through the ‘Baat Khadi Ki’ podcast. Chairman KVIC says, “youth entrepreneurship, contemporary fashion and digital markets can give Khadi a new identity in the journey from Local to Global”. Shri Manoj Goel, Chairman, Khadi and Village Industries Commission (KVIC) , Ministry of Micro, Small and Medium Enterprises, Government of India inaugurated the ‘Khadi Mahotsav-2026’ on Thursday at the KVIC Central Office in Vile Parle, Mumbai. Organised with the objective to take Prime Minister Shri Narendra Modi’s call of “Har Ghar Swadeshi, Ghar-Ghar Swadeshi” and “Vocal for Local” to the younger generation, particularly Gen Z, the festival provides an impo...
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Heritage India announces Gift of the Sahyadris: The Story and Glory of Maharashtra

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Kalyani Sardesai, Dr. Tejas Garge, Manjiri Khandekar & Unman Bankar   • A lavish 280-page coffee table book traces 2,000 years of Maharashtra's story, from the Satavahanas to the birth of the state • It explores how geography, faith, power and people made and moulded Maharashtra   Mumbai, October 14, 2026: Heritage India Communications Pvt Ltd has announced Gift of the Sahyadris: The Story and Glory of Maharashtra, a coffee table book that spans two millennia of the region's past, from the 1st century CE to the formation of Maharashtra on May 1, 1960.   Dr. Tejas Garge, Director of the Directorate of Archaeology and Museums, Government of Maharashtra, was Chief Guest at the announcement. Unman Bankar, one of the writers of the blockbuster film Chhaava, was Guest of Honour. Between them, they represented Maharashtra's scholarship and its storytelling.   The book comes at a time when the world has begun to take notice of Maharashtra's past. In 2025, twelve fo...
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HDFC Life H1FY27: Q2 individual weighted received premium (WRP) growth ahead of private industry; VNB grows 12%, ahead of APE; 24.7% New Business Margin

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Mumbai, October 15, 2026: The Board of Directors of HDFC Life approved and adopted the reviewed standalone and consolidated financial results for the half year ended September 30, 2026. Vibha Padalkar, MD & CEO, HDFC Life, said:   “On macroeconomic front, Reserve Bank of India raised its FY2027 growth projection to 7.1% from 6.7%, reflecting continued resilience in domestic economic activity, while the fiscal position remains well managed. At the same time, the RBI raised the policy repo rate by 25 basis points to 5.50% and moved to a stance of calibrated tightening, given elevated energy prices and a below-normal monsoon, which remain the key risks to inflation. Broadly, we expect macro conditions to remain stable, which in turn should support steady growth for the life insurance industry   In Q2, individual WRP grew 11%, ahead of the private industry at 10%. This took our H1 growth to 9%, with market s...
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