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Jefferies has named Max Financial Services its preferred life insurance stock, keeping a Buy rating even after trimming its target price. The brokerage said regulatory changes should have a manageable effect on growth and pointed to additional upside from the Axis Bank distribution channel.
Private equity firm True North has reportedly acquired a minority stake in adtech and commerce company InMobi through a secondary transaction valued at about $50-60 million, according to a Livemint report. The deal, which includes a small primary component, comes as InMobi accelerates preparations for a public listing in India and continues reshaping its cap table ahead of a potential IPO.
The family of 67-year-old Kottarakkara native G. Radhakrishnan Potti consented to donate his organs after he was declared brain dead following a cerebral haemorrhage at KIMSHEALTH hospital, enabling the retrieval of both kidneys, the liver, skin and cornea. Kerala State Organ and Tissue Transplant Organisation coordinated the allocation, while police created a green corridor to rush one kidney to Government Medical College, Kottayam.
The AIADMK's decision to field candidates in the Madurantakam and Dharapuram Assembly byelections has turned the contests into an early test of whether the party can arrest its steep decline in Scheduled Caste-reserved constituencies. With its tally in SC seats falling from 32 in 2016 to just eight in 2026, the opposition party faces pointed criticism from former insiders even as it argues that its legacy and welfare record still resonate with Dalit voters.
The IIT Madras-led Unicorn Frontier Fund has reached a Rs 450 crore first close, marking a major early milestone for its Rs 1,000 crore deep-tech investment vehicle. Backed by alumni, family offices, institutions, corporates and banks, the fund has already deployed capital into four startups working on rocket engines, air-quality technology, quantum instrumentation and energy storage.
The Reserve Bank of India will conduct an overnight Variable Rate Reverse Repo auction under the Liquidity Adjustment Facility on September 28, 2026, offering to absorb up to Rs 2,00,000 crore from the banking system for one day. The move signals the central bank's continued active management of short-term liquidity as it reviews evolving money-market conditions.
The Reserve Bank of India has announced an auction of Government of India Treasury Bills worth Rs 24,000 crore, split across 91-day, 182-day and 364-day maturities, with settlement set for October 1, 2026. The sale will use a price-based multiple price method and will be open to competitive and non-competitive bidders, including retail investors through the RBI Retail Direct portal.
The Reserve Bank of India has released the government's Treasury Bill auction calendar for the quarter ending December 2026, mapping out weekly borrowings across 91-day, 182-day and 364-day papers. The schedule shows a planned issuance of Rs 2.99 trillion, with the central bank retaining flexibility to alter amounts or timing if market conditions, government funding needs or holidays require changes.
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