India's capital markets are poised for a significant influx of capital as two major companies—LG Electronics India and Tata Capital—prepare to launch their initial public offerings (IPOs) next week. LG Electronics India aims to raise approximately ₹11,607 crore through an Offer for Sale (OFS) by its South Korean parent, LG Electronics Inc., with a price band set between ₹1,080 and ₹1,140 per share. Concurrently, Tata Capital plans to raise ₹15,512 crore in its IPO, comprising both a fresh issue and an OFS, with shares priced between ₹310 and ₹326.

Sobha Ltd, one of India’s leading real estate developers, reported a stellar 61% year-on-year surge in sales bookings for the second quarter of FY2025, touching Rs. 1,902.6 crore. The company’s impressive performance was driven by resilient housing demand across major markets, led primarily by Bengaluru, which contributed nearly 70% of total sales. With a total saleable area of 13.94 lakh sq ft and an average realization of Rs. 13,648 per sq ft, Sobha continues to strengthen its market position amid India’s ongoing residential boom.

Praxis Home Retail Ltd. (PHRL) has received shareholder approval to waive a related-party loan of Rs 88.07 crore, consisting of Rs 85.28 crore in principal and Rs 2.79 crore in accrued interest, as of March 31, 2025. The proposal, which garnered an overwhelming 99.99% vote in favour, aims to strengthen the company’s balance sheet and provide a fresh start as it continues its turnaround strategy.

Avenue Supermarts Ltd, which operates the popular retail chain D-Mart, reported a robust 15.4% year-on-year increase in standalone revenue for the second quarter of FY26, reaching Rs 16,219 crore compared to Rs 14,050 crore in the same period last year. The company’s performance underscores its strong operational resilience and steady consumer demand despite macroeconomic headwinds and intensifying competition in the retail sector.

Jammu & Kashmir has introduced GST 2.0, a comprehensive tax reform designed to simplify the state’s indirect taxation structure, enhance transparency, and ensure that consumers directly benefit from rate reductions. The restructured system streamlines the earlier four-tier framework into two primary slabs—5% for essentials and 18% for most other goods and services—bringing uniformity and predictability to pricing.

Bollywood actor-producer Arbaaz Khan and his wife, makeup artist Sshura Khan, have welcomed a baby girl, marking the couple’s first child together. The news has sparked waves of celebration across the film industry, with well-wishers extending their heartfelt congratulations. Arbaaz, known for his calm demeanor and family values, enters this new phase of life with joy and gratitude.

A tragic incident in Texas has claimed the life of a Hyderabad student, who was shot dead at a local gas station under circumstances that remain under investigation. U.S. authorities are examining the sequence of events, motives, and potential suspects while cooperating with Indian consular officials to ensure support for the victim’s family. The incident highlights concerns over public safety and gun violence in the United States, particularly involving international students.

India is witnessing a resurgence of Chikungunya cases, a mosquito-borne viral disease causing fever, severe joint pain, and fatigue. Health authorities report clusters of infections across several states, with urban and semi-urban areas most affected. Experts emphasize the role of the Aedes aegypti mosquito in transmission and highlight preventive measures such as eliminating stagnant water, using insect repellents, and maintaining personal hygiene. While generally non-fatal, Chikungunya can lead to debilitating symptoms and secondary complications in vulnerable populations.

Authorities in Madhya Pradesh have detained a local doctor following the deaths of 11 children, reportedly linked to the administration of a cough syrup prescribed by the physician. The incident has sparked widespread concern over medical oversight, drug safety, and regulatory compliance in pediatric care. Officials are investigating the source, composition, and distribution of the medication, while emphasizing stringent action against those responsible. Public health experts stress the need for stronger monitoring of pharmaceuticals and adherence to dosage guidelines.

The Delhi-NCR office real estate market has witnessed a remarkable 2.5-fold increase in leasing activity, driven by heightened demand from IT, fintech, and multinational corporations. Analysts attribute the surge to rising hybrid and flexible workspace requirements, expansion of corporate footprints, and improved economic sentiment post-pandemic. Leasing rates have strengthened, particularly in premium micro-markets such as Gurgaon, Noida, and central Delhi.