11:11 | Gold, Silver hit record highs, India beats Pakistan to win Asia Cup for 9th time & more

Good morning!

In today's edition, we look at the precious metal rally in India with Gold and silver soaring to record highs, India clinching 9th Asia Cup title after beating Pakistan and how the JLR cyberattack snowballed into a supply-chain crisis

We also look at new listings, new IPOs and along with an exclusive interview with Zoho's new CEO, Mani Vembu. Dive in!

Gold prices at all-time high: Factors driving the rally

Gold prices climbed to an all-time high in India on Monday (September 29), tracking a global surge and pressure from a weakening rupee. Domestic gold futures rose 0.74% to ₹1.14 lakh per 10 grams in early trade, marking their highest level to date.

The rally coincided with international spot prices crossing $3,800 an ounce for the first time.

Silver prices hit ₹1.43 lakh per kg for the first time in India

Silver futures on the Multi Commodity Exchange (MCX) surged to an all-time high on Monday (September 29). It climbed over 1.3% to ₹1.43 lakh per kg in early trade. The rally closely tracked gains in global markets, where spot silver rose 1% to $46.47 per ounce.

A weakening rupee further amplified domestic prices.

India defeat Pakistan by five wickets to win the Asia Cup for ninth time

India defeated Pakistan by five wickets in Dubai on Sunday in the finals of the Asia Cup 2025 to clinch the tournament for a record ninth time. Tilak Varma starred with a superb unbeaten 69* to power the Men in Blue to an emphatic triumph in a tense chase against the arch-rivals.

India has also become the most successful nation in Asia Cup history, having won its ninth title to add to its glittering continental crown. The reigning world champions, brimming with intent, talent and star power, have once again underlined their dominance, this time as undisputed champions of the continent across formats.

India refuse to accept Asia Cup trophy from Pakistan minister and ACC chief Mohsin Naqvi

Asia Cup champions India on Sunday refused to accept the winners' trophy from ACC chairman Mohsin Naqvi, who also happens to be Pakistan's interior minister and chairman of the country's cricket board.

As Naqvi stood on one side for the presentation ceremony to begin, Indian players were standing within 15 yards, refusing to budge from their places and the formalities were being inordinately delayed.

Glottis launches ₹307 crore IPO amidst dalal street rush — Should investors bid?

Integrated logistics solutions provider Glottis Ltd.'s ₹307 crore IPO has opened for subscription today. The company has fixed the price band for the three-day issue between ₹120 - ₹129 per share.

The issue comprises of a fresh issue of shares worth ₹160 crore and an OFS component worth ₹147 crore. The company's shares carry a face value of ₹2 per share.

At the upper end of the price band, the implied market capitalisation of the issue is ₹3,073 crore.

Analysts’ top picks: Hindustan Aeronautics, L&T Finance, L&T, HPCL for buys and more

On Monday, market tech analysts Vinay Rajani and Mitessh Thakkar recommended these stocks for the short term.

Ganesh Consumer Products shares debut at an 8% discount after subdued investor response

Shares of Ganesh Consumer Products Ltd. made their stock market debut on Monday, September 29 ,at a discount in comparison to their IPO price.

The stock began trading at ₹296 per share, which is a discount of 8.4%, in comparison to their IPO price of ₹322 per share. The three-day IPO of the company, through which it looked to raise over ₹400 crore, saw tepid investor response.

Atlanta Electricals shares debut at a 14% premium to issue price after strong subscription

Shares of Atlanta Electricals Ltd. made stock market debut on Monday, September 29, at a premium to its issue price. The company's IPO, valued at nearly ₹700 crore, had received healthy subscription from investors.

The stock began trading at ₹858.1, which is a premium of nearly 14% in comparison to its issue price of ₹754 per share.

How the JLR cyberattack blew up into a supply-chain storm

On August 31, 2025, Jaguar Land Rover detected an intrusion in its IT environment and made the drastic decision to shut down core systems to contain the fallout. Soon after, the company informed employees, suppliers, and stakeholders that production would be paused as it conducted a forensic investigation.

The following weeks saw every month’s sales cycle, parts logistics, and factory line affected. What began as a localised breach escalated into a strategic shock. Read on to know more

Young Turks Reloaded | Zoho CEO Mani Vembu On Building A Global SaaS Powerhouse From India

At the company’s Chennai Headquarters, Shereen Bhan sits down with Mani Vembu - the man who joined Zoho at 20, helped shape its journey for nearly three decades, and took over as CEO earlier this year.

They discuss the IT Minister’s ‘Swadeshi switch’ to Zoho, the company’s unique transnational-local model, its AI bets with Zia LLM, why Zoho refuses to go public, and how R&D for them also means Rural & Development!

Find out why Zoho is betting on a 20–30 year horizon and how its ultimate ambition is to build world-class products while transforming local communities. This is Zoho’s India-to-the-world story!



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