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NSE IPO Closes at 5.71x Subscription, Lists September 24
NSE IPO closes with 5.71x subscription and ₹90,300 crore demand. Listing scheduled for September 24. Institutional buyers drove demand while retail interest remained muted.
Galderma Joins SMI Index as Sales Growth Accelerates to 24.6% in H1 2026
Galderma joins SMI index as Switzerland’s leading dermatology company. Net sales grew 24.6% in H1 2026, prompting guidance raise to 19-21% for full year. GALD.SW up 3.6% on the news.
Nasdaq Surges 2% to Record as Tech Stocks Rally on Oil Decline
Nasdaq hits record high with 2.26% gain as tech stocks surge and oil prices fall 4.5%. S&P 500 posts best day since early August amid AI rally and geopolitical optimism.
UK Flights Disrupted Again as NATS Fails for Second Time in Two Weeks
NATS air traffic control system fails for second time in two weeks on September 21, cancelling 200 UK flights and sparking demands for CEO resignation.
Iran Sets Seven Conditions for US Talks as Strait of Hormuz Stays Closed
Iran demands seven conditions to end US war, including lifting naval blockade and ending fighting on all fronts. Parliament speaker says Strait of Hormuz stays closed until terms are met.
German Entrepreneur Wanja Oberhof Arrested in New York on $2.5M Fraud Charges
German entrepreneur Wanja Oberhof arrested in New York for allegedly defrauding former Siemens CEO Klaus Kleinfeld of $2.5 million through a wellness app investment scheme.
Trump Tariff Law Puts India’s Oil Imports at 100% Risk on September 20
Trump signed a Russia sanctions bill giving him power to impose 100% tariffs on India and China for buying Russian oil. India imports 45% of its crude from Russia and could face major trade penalties.
Ratcliffe Doubles Down on UK Criticism; Man United Fans Demand His Exit
Manchester United co-owner Sir Jim Ratcliffe faces fresh backlash after doubling down on immigration criticism during BBC interview. Muslim supporters’ club demands his exit.
Houthis Seize Red Sea Strait as Italy Deploys Navy on September 19
Houthis control Bab al-Mandeb Strait after September offensive. Italy deploys navy independently. 12% of global trade at risk as shipping costs soar and regional conflict escalates.