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BusinessPhoto: ET Markets

Zetwerk Raises Rs 2,251 Crore from Anchor Investors Ahead of IPO

Zetwerk Manufacturing Businesses secured Rs 2,251 crore from 99 anchor investors, including BlackRock, Goldman Sachs, and Nomura, before its IPO opening on October 15. The Rs 5,012 crore issue is priced between Rs 143 and Rs 151 per share and includes a fresh issue and an offer for sale. Subscription closes on October 19.

ET Markets·

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PoliticsPhoto: Deccan Herald

West Bengal's Durga Puja Pandals Reflect Political Shifts

In October 2023, Dum Dum Tarun Dal's Durga Puja pandal in Kolkata highlighted Netaji Subhas Chandra Bose and India's independence struggle. By October 2026, Suruchi Sangha's pandal focused on Syama Prasad Mookerjee, BJP's ideological forebear. West Bengal saw a political shift in 2023 with BJP ending Trinamool Congress' 15-year rule, signaling a rise of Hindutva in the state's cultural festivals.

Deccan Herald··Kolkata

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PoliticsPhoto: DNA India

Rahul and Priyanka Gandhi Meet Ankita Bhandari's Family at India Gate

Congress leaders Rahul Gandhi and Priyanka Gandhi Vadra met with the family of Ankita Bhandari at India Gate, Delhi. The family was protesting the appointment of BJP leader Dushyant Gautam as Governor of Sikkim. Ankita Bhandari, a 19-year-old receptionist, was murdered in Uttarakhand in September 2022, sparking nationwide protests. The family and Congress demand transparency regarding the case and oppose Gautam's appointment due to alleged VIP involvement.

DNA India··Delhi

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BusinessPhoto: TOI Business

Government Surpasses Rs 80,000 Crore Divestment Target for 2026-27

With over five months remaining in the fiscal year 2026-27, the Indian government has exceeded its divestment and asset monetisation target of Rs 80,000 crore. The total proceeds are expected to reach Rs 88,665 crore after the completion of the IDBI Bank stake sale. This surplus provides financial relief amid increased fuel and fertiliser subsidies.

TOI Business·

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PoliticsPhoto: Deccan Herald

UK Considers EU Return Amid Changing Geopolitics and Support

Ten years after Brexit, the UK is considering rejoining the European Union amid popular support and shifting geopolitical realities. UK Prime Minister Andy Burnham suggested a Labour Party referendum on EU return. French President Macron and Spanish PM Sanchez welcomed the idea, calling Brexit a loss. Macron emphasized unity within the EU without selective membership.

Deccan Herald·

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BusinessPhoto: TOI Business

Rupee Gains 19 Paise Against Dollar for Fourth Day

The Indian rupee rose by 19 paise to close at 95.17 against the US dollar on Wednesday. This marked the fourth consecutive day of gains, supported by interventions from the Reserve Bank of India aimed at reducing short-term dollar demand and curbing speculative foreign exchange exposure.

TOI Business·

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