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IPO’s Today: SBI, Bank of Baroda Eye Multibagger Gains from NSE IPO OFS; LIC Holds Stake
The IPO market is once again in focus as the much-talked-about NSE initial public offering moves through its offer-for-sale phase. Major state-backed financial institutions like State Bank of India and Bank of Baroda are drawing attention as potential big winners from early investment in the exchange’s unlisted journey. At the same time, LIC has chosen…
NSE IPO Buzz Lifts IDBI Bank, SBI and IFCI Stocks; IDBI Shares Trade at ₹86.59 Ahead of India’s Biggest IPO
The National Stock Exchange (NSE) IPO is back in focus, and investors are already reacting. Shares of IDBI Bank, SBI, and IFCI gained momentum after reports suggested progress toward what could become India’s biggest public offering. As of June 2026, market participants are closely tracking companies that hold stakes in NSE, hoping to benefit from…
IDBI Bank Surges 19% on Divestment Hopes, June 17
IDBI Bank stock surged 19% to Rs 90.36 on June 17 as government confirms divestment on track for FY27 amid privatisation hopes.
EPFO 3.0 Rollout: New UPI Withdrawal Facility and Enhanced Auto-Claim Limits for Members
EPFO 3.0 is reshaping how millions of Indians access their provident fund savings. The Employees’ Provident Fund Organisation has commenced the rollout of this next-generation digital platform, developed in collaboration with the National Payments Corporation of India. This framework covers roughly 30 crore members and is expected to be fully rolled out by mid-2026. The…
IDBI Bank Shares Surge 14.6% to ₹88.39 Amid Debate Over Government Reclaiming Land Parcels Before Divestment
IDBI Bank has once again become the center of market attention. Shares of IDBI Bank surged 14.6% to ₹88.39, as investors reacted strongly to fresh discussions around government decisions linked to asset clarity and the ongoing divestment process. We are seeing a mix of optimism and uncertainty in the market. On one side, investors are…
Fox Buys Roku in $22 Billion Deal, Stock Drops June 16
Fox acquires Roku for $22 billion in cash-and-stock deal, paying shareholders $160 per share to close streaming and advertising gaps.
Tesla Slips as SpaceX Merger Speculation Heats Up, June 16
Tesla shares slip as SpaceX IPO reignites merger speculation. Analyst puts odds at 80% within a year. Combined value: $3.5 trillion.
Kerala’s Free Bus Scheme Launches Amid Payasam Spill Incident, June 16
Kerala’s Priyadarshini scheme offers free bus travel for women and transgender persons on KSRTC ordinary buses, costing ₹800 crore annually.
Olin and Huntsman strike $12.5 billion all-stock merger to create chemicals giant
Olin and Huntsman announced a $12.5 billion all-stock merger on June 16, 2026, creating one of the largest integrated chemical companies in North America. The deal comes at a time when chemical manufacturers are facing weaker demand, higher costs, and growing pressure to improve efficiency. By combining their operations, the companies aim to strengthen their…