Business

The LG Electronics IPO began on a slow note on October 7 but gained momentum by the end of the day, reaching full subscription. With two bidding days remaining, investor interest remains strong. By the close of Day 1, the IPO was subscribed 1.04 times. In contrast, Tata Capital’s IPO, closing on October 8, was subscribed 75% by the end of its second day. Market experts have mixed views on both offerings. Tata Capital's IPO comprises a fresh issue of 21 crore shares and an offer for sale of 26.58 crore shares, with a price band of ₹310–₹326. Arun Kejriwal highlighted that this price is far below its earlier unlisted value of ₹1,100+, urging caution as this is the third major IPO priced significantly below its unlisted valuation. The LG Electronics IPO, an offer for sale of 10.18 crore s...

Two upcoming flagship smartphones — the OnePlus 15 5G and Realme GT 8 Pro 5G — are set to debut in China this month before launching globally. As the official unveilings approach, both companies have started teasing key specifications, while tipsters continue to leak exciting details. The most recent leaks highlight the camera specs, hinting at a close competition between the two devices. OnePlus 15 5G Camera DetailsPopular Chinese tipster Digital Chat Station (DCS) claims that the OnePlus 15 5G will feature a triple rear camera setup, headlined by a 1/1.5-inch main sensor — either the Sony Lytia LYT-700 or Sony IMX906. Additionally, it could sport a 1/2.76-inch Samsung JN5 sensor for its periscope telephoto lens, and a 50MP ultrawide camera using the same Samsung JN5 sensor. Interesti...

Medanta – The Medicity, recognized as India’s Best Private Hospital by Newsweek for six consecutive years, has launched its year-long “JaantaHaiMedanta” campaign, leveraging innovative healthcare solutions to enhance cancer awareness and early detection nationwide. The campaign kicks off with a focus on Breast Cancer, which accounts for one in four cancers among women globally, emphasizing the critical need for timely detection and education. Dr. Naresh Trehan, Chairman and Managing Director of Medanta, highlighted the hospital’s technology-driven approach: “Medanta integrates advanced diagnostics, research, and patient-centric care to ensure optimal outcomes at every stage of cancer.” The campaign features the “AaoDekhoSeekho” kiosks, a first-of-its-kind initiative designed to teach w...

Vi Business, the enterprise arm of telecom giant Vi, has launched the Vi Business IoT Innovation Lab in collaboration with Amazon Web Services (AWS) and the Centre for Development of Telematics (C-DOT), marking a major step in India’s IoT-led enterprise transformation. The Lab will serve as a hub for co-creating and testing IoT solutions across connected vehicles, smart manufacturing, and enterprise automation. The Mumbai-based facility offers live demonstrations of connected vehicles, smart grids, real-time manufacturing monitoring, and edge AI-driven IoT applications. Start-ups, device makers, and enterprises across BFSI, IT/ITES, logistics, utilities, retail, healthcare, and smart city domains will be able to design, test, and scale industry-grade IoT use cases. By combining Vi Busi...

The Mahindra Thar Roxx, a five-door version of the popular three-door Thar SUV, combines practicality and spaciousness with the rugged off-road appeal of the original. Following recent GST revisions, the Thar Roxx has seen a price reduction despite the GST rate increasing from 28% to 40%. This is because the compensation cess, which previously added an extra 20%, has been removed, lowering the overall tax burden from 48% to 40%. As a result, the Thar Roxx is now more affordable, with prices ranging from ₹12.25 lakh to ₹22.06 lakh (ex-showroom). Price cuts vary between ₹74,000 and ₹1.33 lakh, with the base MX1 RWD MT petrol variant receiving the smallest discount, while the fully loaded AX7L 4WD diesel-automatic variant enjoys the highest. Alongside attractive festive offers from Mahindra ...

Indian Institute of Management (IIM) Shillong has secured a coveted finalist spot at SBI Life Insurance’s IdeationX 2.0, a national-level innovation contest for India’s top B-schools. The semi-final, held at Kalinga Institute of Industrial Technology (KIIT), Bhubaneswar, saw IIM Shillong’s team—Namita Gupta, NitikaBansal, and SakshiAgarwal—emerge victorious against 40 teams selected from over 3,500 entries nationwide. The top eight teams, including participants from XLRI Jamshedpur, IIFT Kolkata, IIM Calcutta, XIMB Bhubaneswar, and KIIT Bhubaneswar, will now compete for the grand finale. SBI Life officials, including Ravindra Sharma, Chief of Brand, CSR and Corporate Communications, and SantoshChacko, Zonal Director – East, praised the students’ innovative ideas and highlighted the imp...

LG Electronics India Limited (LGEIL), the wholly owned subsidiary of LG Electronics Inc., will launch its Initial Public Offering (IPO) on October 7, 2025, with a price band set between ₹1,080 and ₹1,140 per equity share. The issue will close on October 9, 2025, while the anchor investor bidding will take place on October 6, 2025. The IPO is an offer for sale of up to 101.81 million equity shares of face value ₹10 each by its promoter LG Electronics Inc. Investors can bid for a minimum of 13 shares and in multiples thereafter, with eligible employees receiving a ₹108 per share discount. The equity shares will be listed on the NSE and BSE. Shillong has expressed keen interest in the offering, citing the growing consumer demand for premium electronics in the Northeast. Local traders n...

Bharat Sanchar Nigam Limited (BSNL), in collaboration with Tata Consultancy Services (TCS), C-DOT, and Tejas Networks, today launched India’s first fully indigenous 4G network, the Bharat Telecom Stack. The initiative, aligned with Prime Minister Narendra Modi’s vision of a digitally self-reliant India, aims to strengthen national security and bridge the digital divide by providing connectivity to 26,700 additional villages. The Bharat Telecom Stack, designed and developed entirely in India, integrates C-DOT’s EPC core applications, Tejas’ base stations, and TCS’ Cognitive Network Operations platform for real-time management. Deployed across 100,000 sites within two years, this network ensures seamless integration with BSNL’s existing 2G/3G infrastructure. CMD BSNL, A Robert J Ravi, de...

Accenture Plc is anticipating slower growth, even as artificial intelligence (AI) garners increasing interest from clients. CEO Julie Sweet acknowledged that while AI has quickly gained attention among CEOs and boards, its actual implementation and value delivery have been limited, particularly outside digital-native companies. As a result, Accenture is undertaking job cuts, citing a lack of viable reskilling options for some roles. The company remains largely unaffected by the H-1B visa changes under the Trump administration, as only 5% of its US workforce holds such visas. Accenture reported $69.7 billion in revenue for FY24, a 7% increase, outpacing the cumulative revenue growth of India’s top 10 IT firms. Despite this, it has forecast slower revenue growth of 2–5% in FY26. During J...

Artificial Intelligence (AI) contributes to less than 1% of the Bombay Stock Exchange’s (BSE) market capitalisation, according to Dr. Vikas Singh, adjunct professor at the Indian Institute of Public Administration. Notably, BSE and NSE do not classify AI as a standalone sector, and fewer than 15 listed companies have clear AI-related operations. Due to limited financial disclosure, it is difficult to gauge AI’s direct impact on revenues or profits. However, Dr. Singh noted AI’s influence may be more systemic in automation-heavy industries like finance, retail, logistics, and telecom. India’s AI investment is growing. The UNCTAD’s 2025 Technology and Innovation Report ranked India 36th out of 170 countries in AI readiness, with $1.4 billion in private investments. The country also impro...