Business
BSE Places RRP Semiconductors, 8 Others In Weekly Trading Basket With Surveillance Measures
New Delhi: Bombay Stock Exchange (BSE) has imposed a new weekly trading surveillance measure on nine stocks, including RRP Semiconductors, to address excessive volatility following unusual price movements in the stocks.
The exchange announced that starting November 10, 2025, new measures will apply to companies exclusively listed on BSE under specific groups, that trade above Rs 100, have a 2 per cent price band, and possess a price/earnings (PE) ratio greater than 500 or negative, and that have reached the upper price band for two consecutive weeks.
“In continuation of our endeavour to maintain market integrity and curb excessive price movement in securities listed exclusively on the BSE trading platform, a need has been felt to further strengthen the extant surveillance measures,” the exchange said in a statement.
BSE included nine stocks in this measure including, Citizen Infoline, Colab Platforms, Dugar Housing Developments, EMA India, Mardia Samyoung Capillary Tubes Company, Omansh Enterprises, Oswal Overseas, RRP Defense and RRP Semiconductor.
Securities placed under this measure can only trade once a week, either on Monday or the first trading day of the week, within a 1 per cent price band. BSE announced that identification of stocks will occur weekly on Fridays or the last trading day of the week, with quarterly reviews for exiting the framework and with a minimum one-month retention.
BSE also said that the new framework will be in addition to all other prevailing surveillance measures being imposed by the exchanges from time to time. The exchange also clarified that “the shortlisting of securities under this framework is purely on account of market surveillance, and should not be construed as an adverse action against the concerned company.”
Business
Trade ties: India, Australia review CECA talks; reaffirm push for early deal to boost economic partnership – The Times of India
India and Australia have reaffirmed their commitment to conclude the second phase of their Comprehensive Economic Cooperation Agreement (CECA) at the earliest, as Commerce and Industry Minister Piyush Goyal held talks with his Australian counterpart Don Farrell to review the progress of negotiations, PTI reported.According to an official statement, both sides agreed to work “constructively towards the early conclusion of a balanced and mutually beneficial CECA.”The meeting reviewed the progress made under ongoing negotiations and discussed ways to further strengthen bilateral trade and investment linkages. The ministers also explored avenues to expand cooperation across goods, services, and emerging sectors.The first phase of the trade pact — the Economic Cooperation and Trade Agreement (ECTA) — came into effect in December 2022, marking a key milestone in the two countries’ economic engagement.India’s bilateral merchandise trade with Australia stood at $24.1 billion in 2024–25, with exports growing 14% in 2023–24 and a further 8% in 2024–25, the statement said.Both sides expressed confidence that the early conclusion of CECA would unlock new opportunities for businesses and contribute to deeper strategic and economic ties between the two Indo-Pacific partners.
The National Electric Power Regulatory Authority (NEPRA) on Saturday issued a notification for 48 paisa per unit cut in electricity prices under the fuel price adjustment for September for consumers across the country, including Karachi, except those who are lifeline.
According to the notification, consumers will get a relief in their bills in November.
The Central Power Purchasing Agency (CPPA) had requested for reducing the electricity prices by 37 paisa per unit.
Business
PhysicsWallah IPO: Think Investments Buys Rs 136 Crore Stake Ahead Of Issue Opening On November 11
Last Updated:
Think Investments invested Rs 136 crore in PhysicsWallah ahead of its Rs 3,480-crore IPO.
PhysicsWallah IPO will open on November 11 and conclude on November 13.
Global investment firm Think Investments has invested a little over Rs 136 crore in edtech unicorn PhysicsWallah as part of a pre-IPO funding round.
The fresh infusion comes as the company gears up for its upcoming initial public offering (IPO) next week.
As part of the transaction, Think Investments picked up 1.07 crore equity shares, amounting to 0.37 per cent stake in PhysicsWallah from 14 employees of the edtech firm.
The shares were bought at Rs 127 per piece, which is 17 per cent above the issue price. This translates into a transaction size of Rs 136.17 crore.
“Pursuant to share purchase agreement dated November 3 read with the amendment letter dated November 3, 2025 entered into, 14 employees of the company have transferred an aggregate of 10,722,708 equity shares… to Think India Opportunities Master Fund LP on November 4, for an aggregate consideration of Rs 136.17 crore,” PhysicsWallah said in a public announcement.
Think Investments is a USD 4 billion global investment firm, focusing on backing technology-driven early-stage businesses. In India, Think Investments has built a diverse portfolio with investments in some of the prominent companies, including Swiggy, FirstCry, Urban Company, PharmEasy, Experian, Spinny, NSE, Star Health, Meesho, Rapido, Chaayos, and Dream11.
PhysicsWallah is preparing to launch its Rs 3,480-crore initial public offering (IPO), opening on November 11. The firm has fixed a price band of Rs 103-109 per share, targeting a valuation of over Rs 31,500 crore at the upper end.
The IPO includes a fresh issue of Rs 3,100 crore and an offer-for-sale (OFS) of Rs 380 crore by co-founders and promoters Alakh Pandey and Prateek Maheshwari.
Together, the promoters currently hold 80.62 per cent of the company, which will reduce to 72 per cent post-IPO. Notably, none of the early investors will sell their stakes in this offering.
The issue will close on November 13, with anchor investor allocation scheduled for November 10.
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
November 08, 2025, 13:19 IST
Read More
A Gene Editing Therapy Cut Cholesterol Levels by Half
Trade ties: India, Australia review CECA talks; reaffirm push for early deal to boost economic partnership – The Times of India
PML-N’s Bilal Farooq elected unopposed in Wazirabad by-election
-
Tech1 week agoGiant, Spooky Animatronics Are 75 Percent Off at the Home Depot
-
Business1 week agoPrinces Group valued at £1.16bn as food firm launches London float
-
Tech1 week agoDisney content has gone dark on YouTube TV. Here’s what customers should know
-
Tech1 week agoNew diode chain could be used to develop high-power terahertz technologies
-
Business1 week agoChocolate’s reign over Halloween is under threat from inflation, tariffs and high cocoa prices
-
Fashion1 week agoUS Senate passes legislation challenging Trump’s tariffs on Canada
-
Politics6 days agoPolitical violence kills almost 300 since Hasina’s fall: rights group
-
Sports6 days agoPakistani runners make their mark at Istanbul Marathon