11:11 | Lenskart IPO Day 1; NDA's Bihar manifesto; SEBI's new rules for Nifty Bank & impact on stocks & more

Lenskart IPO Opens: Retail portion subscribed 68% so far on Day 1; GMP at 18%

Lenskart Solutions IPO Live Updates: The ₹7,278.02 crore initial public offering (IPO) of SoftBank-backed eyewear startup Lenskart Solutions has kicked off for subscription today.

The company is offering shares in a price band between ₹382-402 per share. Ahead of the opening of the IPO, Lenskart raised ₹3,268.4 crore from anchor investors, including the Government of Singapore, Monetary Authority of Singapore, Government Pension Fund Global (Norway), BlackRock, Goldman Sachs, Nomura, JP Morgan, among others.

Here are the new SEBI rules for the Nifty Bank and its impact on stocks

Market regulator Securities and Exchange Board of India (SEBI) has issued a circular on the implementation of eligibility criteria, primarily impacting the Nifty Bank index.

According to this circular, there will be staggered deadlines for derivative eligibility rules, and also provides a relief from the May 29 directive.

October 2025: A challenging month for Delhi's air and weather

October proved to be a tough month for Delhi residents, as the city's air quality not only worsened but also set several new records. According to data from the Central Pollution Control Board (CPCB), October 2025 was the second most polluted October in the past five years. The average Air Quality Index (AQI) for the month stood at 224, placing it in the 'poor' category.

While this figure is slightly better than last October's 234, it remains higher than the AQI levels recorded in 2023 (218), 2022 (210), and 2021 (173).

Bihar Elections 2025: NDA releases 'Sankalp Patra' in Patna

The BJP and JD(U) led National Democratic Alliance (NDA) on Friday, October 31, released the manifesto for the Bihar Elections titled 'Sankalp Patra', focusing on providing jobs, women and youth of the state.

It also promises infrastructure development in the state by building international airports in Patna, Bhagalpur and other cities, along with bringing metro rail services in four new cities.

Check key details of the NDA manifesto here:

Delhi govt allows NOC registration for end-of-life vehicles 

The Delhi government on Thursday, October 30, allowed the end-of-life vehicles (ELVs) to register for a no-objection certificate (NOC) by removing the one-limit for such applications.

The decision will provide relief to lakhs of over-aged vehicles in the national capital as they will be able to re-register their vehicles in other states, news agency PTI reported citing an official statement.

"This move will primarily benefit owners of diesel vehicles aged over 10 years and petrol vehicles over 15 years old, allowing them to obtain an NOC to re-register their vehicles in other states outside the Delhi-NCR region, irrespective of how long ago their vehicle's registration expired," the statement read.

Indian aviation's cost of capital — why it is a bigger challenge that needs to be addressed urgently

The Indian aviation sector has grown by leaps and bounds. However, this has happened as it continues to grapple with a formidable challenge: the cost of capital. While passenger numbers soar and new aircraft orders dominate headlines, looking at the industry as a whole, the underlying financial health remains precarious.

The fundamental economics of the airline business in India are under
relentless pressure, and a significant part of this stems from the prohibitive cost of financing operations and expansion. Both debt and equity have significant hurdle rates. And this is only compounded by additional challenges like currency fluctuations to fuel taxation, airport charges and a duopolistic market — creating an environment where profitability prospects are hard to come by.

Connected but constrained: Rethinking women’s digital autonomy in rural India

By bridging gaps in access, literacy, and confidence, digital empowerment of rural women becomes more than a matter of equity; it becomes a catalyst for systemic economic growth. Yet the economic case is only part of the story. At its heart, digital autonomy is about dignity, the quiet power to explore, decide, and dream on one’s own terms.

When every rural woman can log in independently, the digital revolution will do more than connect devices; it will connect destinies. The future of India’s digital economy will then be shaped not by data speeds, but by the freedom of women who finally hold the screen and their stories in their own hands.

Beyond the metros: Why it's time to reimagine small and medium cities with a 3C framework

India’s urban future needs to be more inclusive, going beyond metros. By strategically empowering small and medium towns through the broad 3C Framework: Contributors, Collaborators, and Champions-the country can relieve megacity pressures, unlock new engines of growth, and ensure that urbanisation becomes a story of inclusion, not imbalance. This shift is not just desirable but essential if India.



Daily Data

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Tech CEOs talk up AI bets while credit markets are flashing red

The trillion-dollar artificial intelligence (AI) boom is facing its first real test, as credit markets flash warning signs and investors question whether the massive spending can deliver results in terms of productivity and profitability.

Microsoft, Alphabet, and Oracle lead massive AI investments amid credit market jitters, with experts warning of a potential bubble and risks to US jobs and economic stability if the boom falters.

King Charles III's scandal-hit brother Andrew to lose Prince title, move out of Royal Lodge

Andrew, the younger brother of Britain’s King Charles III, is to lose his title of Prince and move out of the Royal Lodge on the Windsor Castle estate, Buckingham Palace has said in a statement.

The announcement on Thursday (October 30) comes days after Andrew voluntarily relinquished the title of Duke of York and all other royal honours after a “discussion” with the monarch, amid “continued accusations” around his association with American sex offender Jeffrey Epstein.

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