Tata Capital has successfully mobilized Rs. 4,642 crore from anchor investors ahead of its highly anticipated IPO, underscoring significant institutional confidence in the financial services arm of the Tata Group. The allotment covers 14.24 crore shares priced at Rs. 326 each, constituting about 30 percent of the total issue. With marquee investors such as LIC, Goldman Sachs, Morgan Stanley, and leading mutual funds participating, the robust demand boosts momentum for its forthcoming public offering slated between October 6–8.

Praxis Home Retail has secured shareholder approval to waive a related-party loan and accumulated interest totaling Rs. 88.07 crore, thus positioning itself to begin FY26 free from this specific debt burden. The resolution passed with overwhelming support—99.99 percent of votes in favor. The waiver covers a principal amount of Rs. 85.28 crore and interest of Rs. 2.79 crore.

Sobha Ltd recorded a robust jump in new home bookings during the second quarter of FY26, with sales value climbing 61 percent to Rs. 1,902.6 crore, propelled by strong consumer demand in Bengaluru, NCR, and Kerala. The sold area reached 13.94 lakh sq ft, with an average realisation of Rs. 13,648 per sq ft. The company also logged its best-ever first half, with cumulative sales of Rs. 3,981.4 crore.

Delhi’s excise collections for the April–September half of FY26 surged by over 12 percent, reaching Rs. 4,192.86 crore, driven largely by higher liquor sales and improved enforcement measures. The growth signals healthy demand and provides momentum toward achieving the revised annual target of Rs. 6,000 crore. Excluding VAT, monthly excise receipts leapt by nearly 85 percent over the same period last year. Meanwhile, officials are preparing a new excise policy to modernize pricing, licensing, and regulatory oversight.

In Q2 FY26, Vedanta Ltd delivered strong operational performances, notably achieving its highest-ever alumina production and setting new records in mined metal output, particularly in its Zinc India segment. Aluminium output rose modestly year-on-year, while several other divisions displayed divergent trends: Oil & Gas saw declines, Iron Ore and Pig Iron posted gains, and refined outputs for lead and silver came under pressure.

A man from Jalandhar has gone missing after a migrant boat capsized while attempting to reach the United Kingdom via the so-called ‘Dunki route’, a perilous migration path that has seen increasing use in recent months. Authorities are investigating the incident, highlighting the dangers faced by migrants pursuing irregular routes for work or asylum. The event underscores the growing risks associated with clandestine migration, including fatalities and human trafficking vulnerabilities.

India is considering the import of soybean meal from the United States to support the rapidly expanding poultry industry, which faces rising domestic feed demand. The initiative aims to bridge supply gaps, stabilize feed prices, and enhance production efficiency for poultry farmers nationwide. Rising consumption of protein-rich foods, urbanization, and growing disposable incomes have fueled poultry sector expansion, intensifying demand for high-quality feed.

Jan Aushadhi stores across India are calling for the reinstatement of the mandatory distance rule, which regulates the spacing between outlets to prevent oversaturation and ensure operational viability. Retailers argue that removing or relaxing the distance norm has intensified competition, reduced individual store revenues, and strained supply chains. The network, aimed at providing affordable generic medicines to the public, relies on a balanced distribution system to maintain profitability and accessibility.

IndiGo, India’s leading low-cost carrier, will commence direct flights between Mumbai and London starting October 26, marking a significant milestone in its international expansion strategy. The new route aims to enhance business and leisure travel connectivity, catering to increasing passenger demand between India and the United Kingdom. The airline’s move strengthens its footprint in Europe while complementing its existing domestic and international network.

Arunachal Pradesh has inaugurated a strategically important coal mining block, marking a significant milestone in the state’s resource development and industrial strategy. The new coal block is expected to generate substantial revenue streams for the state government while supporting local employment and infrastructure growth. Strategically located to enhance domestic energy supply chains, the project aligns with India’s broader energy security and industrialization objectives.