News

Prosecutors on Thursday asked a Washington-based judge to dismiss the charges against Venkata Naga Madhusudhan Raju Manthena, marketing director at Vasudha Pharma Chem Ltd. Manthena was indicted in March along with the company and two other Vasudha executives on charges of conspiring to distribute chemicals used for the illegal manufacture of the deadly opioid.

Individuals have until September 15, 2025, to file their Income Tax Returns (ITRs) for the 2024–25 fiscal year (Assessment Year 2025–26). The deadline is quickly approaching, so taxpayers should finish their filings on time to avoid fines.

IPO Norms To Be Relaxed?

SEBI has proposed reducing minimum share sale requirements for large IPOs and extending compliance timelines for public float, aiming to ease listing hurdles while retaining the retail quota at 35%.

According to a consultation paper released last month, companies with a post-issue market capitalisation between ₹50,000 crore and ₹1 lakh crore may see their minimum public offer cut from 10% to 8% of post-issue share capital.

These are the biggest movers, in terms of higher than usual volume (10-day average) amongst Nifty 500 stocks.

Sammir D Dattani, ED of Sanathan Textiles on CNBC-TV18

Here are a couple of stock recommendations by Hemen Kapadia of DRChoksey Finserv

Buy Hindustan Zinc for a target price of ₹485 with a stop loss of ₹440

Buy ICICI Lombard for a target price of ₹1,995 with a stop loss of ₹1,845

The Indian subsidiary of Mitsubishi UFJ Securities Holdings Co. (MUFG) has been established. This followed the Japanese company’s announcement that MUFG Securities (India) Private Limited, its new subsidiary, would open in Mumbai today.

Goldman Sachs On CNBC-TV18         

Goldman Sachs On CNBC-TV18         

ON THE RADAR

Domestic Economic Data: CPI data for August at 4.00 pm

TOP STORIES

Sources Say

PSU Banks Off Lows; Union Bank rebound nearly 1% from the lows

Sources Say

Cabinet Secy Chaired Inter-ministerial meeting On Thursday To Discuss India-EU FTA

Alert: EU Trade Negotiators Are In India For Talks On Proposed Free Trade Agreement

The ₹1,900 crore IPO of home services marketplace Urban Company has shown tremendous interest; on Friday, September 12, the third and last day of bidding, subscriptions had already increased by 22.80 times. Today is the last day to subscribe to the issue.

Ixigo Trains Partners With DMRC To Launch Metro Ticket Booking Services

The shares of BEML is up nearly 8%, with the share price of over ₹4,300 per piece.

The shares of Astra Micro surged by over 6%, contributing to the rise of the defence index

The shares of Bharat Dynamics surged by over 5% on Friday.

Sanjiv Mehta, Executive Chairman at L Catterton India & Former Chairman & CEO, at Hindustan Unilever, speaks to CNBC-TV18

Watch CNBC-TV18 LIVE 

As the market strengthens further, the defence index is on the rise

On Friday, September 12, shares of Indian defence firms, including Garden Reach Shipbuilders, BEML, and Bharat Dynamics rose 5–7%, positioning them for a strong weekly close.

Read Full Article

Vivek Gupta, Partner, M&A & PE Leader at Deloitte On CNBC-TV18

The shares of GMR Airports Rise after a large trade

Goldman Sachs 

A new plea has been moved in the Supreme Court against the ban on diesel vehicles older than 10 years and petrol vehicles over 15 years, contending that the rule should not be applied retrospectively.

Read Full Article

The shares of Bajaj Group’s Bajaj Finance have hit a record high

Atul Auto jumped 11.2% to ₹539 from its previous close of ₹484.6, lifting its market capitalisation to ₹1,495.8 crore as of 12:17 pm on September 12, 2025.

The stock, part of the BSE AllCap index, saw trading volume of 47.9 lakh shares. It has gained 5.9% over the past five sessions and is currently trading at a P/E of 69.2.

On Friday, September 12, Paras Defence and Space Technologies Ltd.’s stock increased by as much as 6% following the company’s acquisition of an order valued at ₹26.6 crore, including taxes.

The state-owned Opto Electronics Factory (OLF), a division of India Optel Ltd, a government company under the Defence Ministry, announced new incremental orders, which prompted the rally.

 NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.