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BusinessOrient Cables plans to raise ₹320 crore through a fresh equity issue and ₹232 crore via an offer for sale, totaling ₹552 crore. The company has shown revenue and profit growth but faces challenges with operating margins and customer concentration. Post-IPO, the promoter stake will reduce from 100% to 82.2%. The company is also involved in a dispute over the 'ORIENT' brand name.
ET Markets·4h ago
PoliticsIn Shamshabad, Telangana, a cab driver has been accused of harassment by a woman who filed a police complaint. The incident reportedly involved an attempt to rob Rs 60,000 near the Tondupalli Toll Plaza. Police are currently investigating the case to determine the facts and take appropriate action.
Amar Ujala·44m ago·Shamshabad
BusinessLeading appliance brands are increasing prices of ACs, TVs, and washing machines by 3 to 8 percent starting October 1, just before Amazon and Flipkart's festive sales. ACs will see the highest hike of 5 to 8 percent. This is the third price increase in 2026. Brands like Blue Star, Haier, and Daikin have already raised or plan to raise prices, potentially making festive discounts less attractive.
News18 Tech·31m ago
PoliticsIsraeli Prime Minister Benjamin Netanyahu made a surprise visit to Abu Dhabi and met with UAE President Sheikh Mohammed bin Zayed Al Nahyan (MBZ) on Sunday. The visit lasted about four hours and was confirmed by a senior Israeli official. It occurred amid renewed focus on reports that MBZ warned Netanyahu about a major Hamas operation before the October 7, 2023 attacks. Neither side issued an immediate official comment.
Zee News Hindi·21m ago·Abu Dhabi
BusinessOn Monday, Indian stock markets opened weak with Sensex falling nearly 900 points to 72,995 and Nifty 50 dropping 284 points to 22,856. The decline follows the longest weekly losing streak since 2020, driven by rising crude oil prices hitting $106 and a spike in US 10-year bond yields to 5.2%. Investor sentiment was further dampened by US President Donald Trump's rejection of Iran's proposal, causing foreign portfolio investors to sell shares again in September. All sectoral indices and broader markets, including midcap and smallcap stocks, traded lower amid intense selling pressure.
Business Standard·41m ago
WorldAfter the death of popular influencer and beauty queen Nidhi Tiwari, several photos and videos of her have gone viral on social media. In one video, Nidhi openly discusses topics like having a boyfriend, marriage, and loneliness. She also shares insights about her mood and personal life. The video segments have sparked discussions while police continue investigating her suicide case.
Aaj Tak·35m ago
ET Markets·4h ago
Orient Cables plans to raise ₹320 crore through a fresh equity issue and ₹232 crore via an offer for sale, totaling ₹552 crore. The company has shown revenue and profit growth but faces challenges with operating margins and customer concentration. Post-IPO, the promoter stake will reduce from 100% to 82.2%. The company is also involved in a dispute over the 'ORIENT' brand name.
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