👓 Lenskart Eyes ₹2,150 Cr IPO
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🗞️ Lenskart Files for ₹2,150 Cr IPO
Lenskart has officially filed its Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹2,150 crore in fresh capital. The eyewear unicorn aims to scale its global retail footprint, enhance tech infrastructure, and repay debt.
🗞️ NSE Files for Co-Location Settlement
NSE has submitted settlement applications with SEBI concerning the long-standing co-location and dark fibre cases. The move signals the exchange’s attempt to resolve legacy issues and restore full market confidence.
💬 Expert Take:
“A long-awaited step—clearing regulatory clouds helps NSE strengthen its governance narrative.” — Karan Gupta, Market RegTech Analyst
🗞️ Starlink Capped at 20L Connections
Starlink’s operations in India will be limited to 20 lakh user connections, according to the Union IT Minister. The cap aims to maintain balance in telecom competition while enabling satellite broadband access in remote regions.
🗞️ Aditya Infotech IPO Sees 78% Day 1 Subscription
Aditya Infotech’s IPO witnessed a solid 78% subscription on Day 1, driven by retail interest and positive GMP cues. The ₹450 crore issue will close in two days, with analysts suggesting it may list at a premium.
🗞️ Govt Eyes ₹5.9L Cr from Cess & Surcharge in FY26
The Centre plans to collect ₹5.9 lakh crore through cess and surcharge in FY26, up 6.5% from FY25. Cess is projected at ₹4.18 lakh crore, while surcharge is expected to fetch ₹1.72 lakh crore. This highlights the government’s continued reliance on indirect levies.
🗞️ RBI Adds Half a Tonne of Gold in June
The RBI added 500 kg of gold to its forex reserves in June, continuing its strategy of diversifying away from USD. India’s total gold reserves now stand at 825.6 tonnes—indicating faith in the yellow metal amid global currency volatility.
💬 Expert Take:
“Central banks globally are stacking gold—India is prudently aligning with this trend.” — Asha Mehta, FX Strategist
🗞️ Johnson Lifts to Invest ₹250 Cr in R&D
Johnson Lifts will invest ₹250 crore to ramp up R&D capabilities for high-speed elevators. The focus will be on enhancing safety, smart connectivity, and global export readiness, especially in tier-1 city projects.
🗞️ Decathlon Aims for $3B India Sourcing
Decathlon has announced plans to scale its India sourcing operations to $3 billion by 2030. The French sports retailer aims to leverage India’s strong manufacturing ecosystem to support global supply chain needs.
📊 Market Updates – July 29, 2025
📉 Sensex: 80,891.02 ▼ −0.70%
📉 Nifty 50: 24,680.90 ▼ −0.63%
💵 USD/INR: ₹86.42 ▶ stable
🪙 Gold (24K): ~₹99,050 / 10g ▶ steady
🪙 Silver: ~₹1,13,900 / kg ▼ slight dip
🛢️ Brent Crude: ~$84.10/bbl ▲ +0.2%
₿ Bitcoin: ~$108,500 ▲ +0.3%