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BusinessPhoto: Business Standard

Sebi Proposes Market Cap-Based SME IPO Norms, Lower Application Size

The Securities and Exchange Board of India (Sebi) proposed changes to SME IPO regulations, replacing paid-up capital criteria with market capitalization thresholds. It plans to reduce the minimum application size to ₹1 lakh and ease offer-for-sale restrictions by institutional investors. Sebi also suggested raising the minimum average operating profit to ₹3 crore, with exceptions for established firms. Other changes include promoter lock-in, trading lots, underwriting, and market making to reduce costs and increase investor participation.

Business Standard·

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PoliticsPhoto: Deccan Herald

UDD Rejects BDA Proposal to Upgrade Deputy Secretary Posts

The Urban Development Department (UDD) has rejected the Bengaluru Development Authority's (BDA) proposal to upgrade four deputy secretary posts to zonal commissioner posts, citing BDA Cadre and Recruitment Rules. The BDA submitted the proposal on December 8, 2025. The UDD clarified that while the posts won't be upgraded, the BDA can still create zonal offices headed by deputy secretaries.

Deccan Herald··Bengaluru

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SportsPhoto: Hindu Sport

Sai Sudharsan Prepares for New Zealand Tour with Ranji Trophy Play

Sai Sudharsan revealed that national selectors advised him to participate in the Ranji Trophy as preparation for India's upcoming New Zealand tour. After playing for India-A in Puducherry, he arrived in Jaipur for Tamil Nadu's Ranji opener against Rajasthan on October 10. He has been studying old Test videos to understand New Zealand conditions, expecting windy weather and good bounce similar to England.

Hindu Sport··Jaipur

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BusinessPhoto: Business Standard

Accenture Targets Mid-Single-Digit Growth, Boosted by AI Demand

Accenture aims for mid-single-digit revenue growth in constant currency for fiscal years 2027 and 2028, expecting growth to rise to high single digits by fiscal year 2029. CEO Julie Sweet highlighted that AI service demand will offset current industry revenue pressures. The company plans to expand operating margins while investing heavily, signaling confidence after beating Q4 analyst expectations.

Business Standard·

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PoliticsPhoto: News18 World

UK Man Defrauds Government Holding Five Jobs Using Makeup and Lies

A British contractor exploited remote work policies to hold five full-time civil service jobs simultaneously, collecting multiple public-sector salaries while doing little actual work. The fraud involved using cosmetic makeup to fake chronic illness during video calls, avoiding suspicion. The scheme was uncovered after audits detected overlapping digital credentials and identical bank accounts, revealing hundreds of thousands of pounds in taxpayer money were siphoned.

News18 World·

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PoliticsPhoto: Deccan Herald

Greater Bengaluru Authority Seeks Objections on Road Network Without Online Maps

The Greater Bengaluru Authority (GBA) has invited public suggestions and objections to its proposed road circulation network for the local planning area, allowing 60 days for feedback. Although the state government approved the maps on September 9, the GBA has not yet uploaded these maps online, unlike the Bengaluru Development Authority, making it difficult for citizens to review and file informed objections. Maps are available only at city corporation offices.

Deccan Herald··Bengaluru

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