Shringar House of Mangalsutra launches its Rs 401-crore IPO, priced at Rs 155-165 per share, aiming for NSE and BSE listing on September 17. The IPO comprises a fresh issue of 2.43 crore equity shares.

Jay Ambe Supermarkets is launching its Rs 18.45-crore IPO, aiming to raise funds for expansion and working capital. The IPO, priced at Rs 74–78 per share, will open on September 9 and close on September 12, with a listing on the BSE SME platform scheduled for September 17.

Apple unveiled its iPhone 17 lineup at the “Awe-dropping event,” introducing the slimmer iPhone Air with an A19 Pro chip and in-house modems. Despite a $1 billion tariff hit, Apple kept prices unchanged, raising concerns over margins as shares fell 1.5%.

Vedanta has won the bid for Jaiprakash Associates. The deal worth Rupees 12,505 crore may face hurdles. Legal battles over asset ownership are a concern. Disputes with Yamuna Expressway Authority are ongoing. There are issues with pledged shares in Bhilai Jaypee Cement. Promoter Manoj Gaur s guarantees add complexity. The resolution process could face court challenges.

Asian stocks showed mixed performance as investors await key inflation data that could influence the Federal Reserve s rate cut decisions. Hopes for rate cuts were fueled by signs of a cooling US labor market, even as geopolitical tensions in the Middle East pushed oil prices higher. Traders are also monitoring potential trade actions and economic data from China.

Indian life insurers experienced a 6.01% increase in new business premiums in August 2025, reaching Rs 1,63,461.52 crore, fueled by growth in both single and non-single premium policies. This expansion is attributed to insurers efforts to reach new customers and enhance distribution networks.

Despite policy rate cuts, banks are hesitant to significantly lower lending rates to microfinance institutions due to lingering asset quality concerns and internal margin pressures. Smaller MFIs face tightened purse strings and higher risk premiums, hindering their access to crucial funding.

Delays occur because many Indian banks contact the receiver before crediting their account to confirm the payment, or re-verify final account details. In addition, differences in how institutions update tracking information or credit client accounts-often tied to batch processing in back-office systems-slow down deals.

Gujarat has remained the top state in attracting investments as it got the most number for projects in each year between FY15 and FY25, while Maharashtra has retained the second place for the last four fiscal years, showed data available in a study by the Reserve Bank of India (RBI) staff.

Infosys share buyback announcement has historically boosted its stock performance, raising investor optimism. On Tuesday, Infosys shares surged 5% following the buyback declaration, with the Nifty IT index climbing 2.8%. This marks the IT firm s fifth buyback, aiming to counter a 20% stock decline this year amid US slowdown worries.