The size of the National Stock Exchange (NSE) IPO may shrink with the offer for sale (OFS) likely to be cut to 5.2-5.5 per cent, from the 6 per cent planned earlier, as some shareholders have backed out of the sale, people familiar with the matter said on Wednesday.

More than 4 million people have been affected by floods across 14 districts of Bihar following torrential rains over the past five days, with several rivers flowing above the danger mark, officials said on Wednesday.

"Incessant rain in various districts caused rivers and streams to overflow. Besides, heavy rainfall in catchment areas of Nepal has also led to rivers flowing above the danger level at several places," an official said.

Benchmark Brent crude oil futures rose past $100 a barrel on Wednesday, breaching the symbolic barrier ​for the first time since July 24 as ​intensifying conflict in the West Asia fuelled growing concern about ‌oil flows from the region.

Brent crude futures rose $2.15, or 2.2%, to $100.07 a barrel by 0721 GMT, while US West Texas Intermediate crude was up $1.70, or 1.83%, at $94.73 a barrel.

Hyundai Motor India Ltd plans to soon launch a localised mass-market SUV built on a dedicated EV platform, the company said on Wednesday.

Hyundai Motor India Ltd's (HMIL) current EV portfolio comprises the IONIQ 5 and the CRETA Electric, it stated.

The auto maker is preparing its sales and service network ahead of the launch, and training its dealer workforce to be EV-ready.

Adani Airport Holdings (AAHL) on Wednesday said it will raise ₹9,825 crore through a primary equity infusion from a consortium of global investors, which will collectively acquire a 5.54 per cent stake in the airport operator.

The transaction values the Adani Group company at about $18 billion on a pre-money basis, or before the fresh capital is invested.

Coforge said its non-executive chairman OP Bhatt has resigned with immediate effect following concerns raised by the internal auditor relating to the manner in which the board evaluation report (BER) was dealt with and presented to the board by him.

As part of the internal audit plan for the second quarter.

Billionaire Mukesh Ambani's Reliance Industries is set to return ​to India's rupee bond market after nearly three years, five merchant bankers told Reuters late on Monday, with what would be the largest single-tranche fundraising by a rated firm since November 2023.

Indian steel prices are expected to rise further in the coming weeks as a post-monsoon pickup in infrastructure and automotive demand tightens the market while higher coking coal costs lift production costs of mills, executives and analysts said.

Higher prices could help mills recover margins ‌squeezed by surging coking coal costs, but infrastructure.

The Bombay High Court on Tuesday refused to quash the summons issued to Congress MP Rahul Gandhi in 2019 in a defamation complaint over his remarks against Prime Minister Narendra Modi, whom he had called a "commander-in-thief".

A single bench of Justice N R Borkar dismissed Gandhi's petition against the magistrate court's order.

Nepal is racing to restore vital road links severed by devastating flash floods, seeking temporary bridges from India and China as authorities work to reconnect isolated communities in the disaster-hit areas.

The death toll from the August 26 disaster stood at 1,356 as of Monday, while 4,994 people remained missing, according to the National Disaster Risk Reduction and Management Authority (NDRRMA).

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