Railway wagons, a long-running supply contract and a fundraising plan from one of India’s larger NBFCs make up most of Thursday’s company news. SEBI also says it will open a consultation on how foreign portfolio investors are regulated, and three IPOs are open or closing today.
In Simple Words
Most of today’s news is about companies winning business or raising money, plus three IPOs that are open or about to close. None of it tells you where a share price will go next.
1. SEBI to seek views on foreign investor compliance rules
SEBI chairman Tuhin Kanta Pandey said the regulator will put out a consultation paper on compliance requirements for foreign portfolio investors. The paper will ask for views on bringing Indian rules closer to global practice while keeping investor safeguards in place.
2. Navin Fluorine stretches its Solstice supply contract to 2032
Navin Fluorine’s subsidiary has amended its hydrofluoroolefin supply contract with Solstice Advanced Materials. The contract now runs until December 2032 and adds roughly $180 million of potential revenue.
| Contract detail | Figure |
|---|---|
| Additional revenue potential | About $180 million |
| Total contract value | About $590 million |
| Extended through | December 2032 |
3. Jupiter Wagons gets a railway order for 2,583 wagons
The Ministry of Railways has ordered BOXNHL and BOXNS wagons from Jupiter Wagons. The company disclosed the order on Thursday morning.
| Order detail | Figure |
|---|---|
| Wagons | 2,583 |
| Order value | ₹1,140 crore |
4. Cholamandalam’s board clears a QIP of up to ₹5,000 crore
The board of Cholamandalam Investment and Finance Company approved raising money through a qualified institutions placement. It can be done in one or more tranches, using equity shares or securities that convert into equity.
| Fundraising detail | Figure |
|---|---|
| Maximum amount | ₹5,000 crore |
| Route | QIP |
5. OnMobile signs Savex to distribute its ONMO+ console
OnMobile Global has appointed Savex Technologies as a distributor for the ONMO+ Smart Console in India. The aim is to get the device into retail and online channels.
6. Coca-Cola is still weighing an IPO for its Indian bottler
Coca-Cola said it continues to explore a public listing of Hindustan Coca-Cola Holdings, its Indian bottling business.
7. Bombay Coated & Special Steels IPO opens for bids
Bombay Coated & Special Steels opened its public issue on Thursday. Bidding stays open until November 2.
| IPO detail | Figure |
|---|---|
| Issue size | ₹183.06 crore |
| Price band | ₹78–₹82 |
| Offer dates | Oct 29–Nov 2 |
8. Antala Industries opens an SME issue
Antala Industries’ SME IPO opened on Thursday and closes on November 2. The issue is entirely fresh shares.
| IPO detail | Figure |
|---|---|
| Issue size | ₹23.33 crore |
| Price band | ₹63–₹67 |
| Offer dates | Oct 29–Nov 2 |
9. Last day to bid for the SFC Environmental Technologies IPO
The SFC Environmental Technologies issue, open since October 27, closes for bidding today.
| IPO detail | Figure |
|---|---|
| Issue size | ₹667.53 crore |
| Price band | ₹313–₹330 |
| Closing date | Oct 29 |
10. Gold slips ahead of US inflation data
Spot gold fell as traders weighed signals from central banks and waited for US inflation numbers.
Also Read: Top Earnings Today India, October 28, 2026: Adani Enterprises, JSW Energy, Meesho and More
| Gold measure | Figure |
|---|---|
| Spot gold | $4,037.98 an ounce |
| Change | −0.7% |
| Price time | 0410 GMT, Oct 29 |
Disclaimer: This article is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any stock. OneTrader is not a SEBI-registered investment adviser or research analyst. Investors should do their own research and consult a qualified financial adviser before making investment decisions.
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