Reliance Jio IPO: LIC, leading MFs, AMCs and

Jio Platforms’ proposed ₹30,188-crore IPO has reportedly drawn nearly ₹2.5 lakh crore in commitments from global and domestic institutional investors. The issue is scheduled to open on 21 October, with proceeds intended partly to repay borrowings at Reliance Jio Infocomm.

Schneider Electric Infrastructure Limited has informed the Exchange about Action(s) taken or orders passed

Jefferies’ Chris Wood is urging investors to diversify beyond AI as earnings growth for global AI stocks is expected to slow sharply and valuations remain elevated. His Asia portfolio retains exposure to semiconductor companies while avoiding heavy AI capex spenders, with India, China and other Asia

The delivery delays are not limited to India, with reports also indicating extended waiting periods in the United States and other markets. The extent of consumer demand relative to available inventory remains unclear without official sales figures.

Tesla has opened reservations for its upcoming Roadster in India, with the Thrust version listed at Rs 2.50 crore. Production is expected to begin in 2028.