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#MintPremium | The National Stock Exchange (NSE) tests investor appetite in a landmark public debut on Thursday, concluding a decade-long journey to the stock market. The NSE stock is likely to make a modest debut despite strong institutional participation, with more than 100 qualified institutional buyers (QIBs), excluding anchor investors, bidding for ₹4,498 crore worth of shares, according to three people familiar with the share sale allotments.

Read more: https://www.livemint.com/s/1hB04ME
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Read today's Mint e-paper here: https://epaper.livemint.com

➡️ NSE may debut at modest premium
➡️ Brookfield’s Avaada bet doubles returns as co repays its debt
➡️ MacBook Neo sales shine for Apple in grim laptop market
➡️ Irdai moots sweeping reset for insurance distribution
➡️ Brics to set up teams on transfer pricing
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N Chandrasekaran's TVS Motors Link Emerges Amid Reappointment Row: What's The Fresh Battle About?

A high-stakes conflict-of-interest allegation has emerged involving Tata Sons chairman N. Chandrasekaran and TVS Motor's Venu Srinivasan, at a time when the power struggle in the board of Indias largest conglomerate has been laid bare. As per documents accessed by Mint, Family members of N Chandrasekaran hold business relations with TVS Motor Co. Ltd. This raises governance questions, because it was the decisive vote by Venu Srinivasan that won Chandrasekaran a fresh term. What is this new allegation all about?

WATCH: https://www.youtube.com/watch?v=26kzdPllEEw&t=4s
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After nearly a decade-long wait, the NSE shares are finally ready for trade on the BSE. World's largest derivatives exchange made a flat debut on Dalal Street, delivering a listing premium of ₹15 to the share allottees. The NSE share price opened on the BSE at ₹1800but gained momentum and touched an intraday high of ₹1845 within a few minutes of listing.

Read more: https://www.livemint.com/market/ipo/nse-listing-live-big-day-for-worlds-largest-derivatives-exchange-gains-or-discount-share-price-prediction-gmp-11790220769453.html
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The National Human Rights Commission (NHRC) wants India’s drug regulator to build a centralized digital registry for medicines to curb counterfeit drugs. The proposed system would use unique QR codes and drug-tracking tools to verify medicines, trace their movement and help enforcement agencies identify counterfeit-drug networks. Read more: livemint.com/industry/nhrc-
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CJP founder Abhijeet Dipke demands the resignation of CEC Gyanesh Kumar, threatening nationwide protests if he does not resign within 48 hours.

https://livemint.com/news/india/cjp-demands-cec-gyanesh-kumar-s-resignation-in-48-hrs-warns-of-nationwide-protests-jantar-mantar-2-0-will-happen-if-11790242651332.html
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#MintMarkets | Market crash today: Indian equity markets closed sharply lower in Thursday’s session, with the Sensex falling 1,247.71 points to 73,580.54 and the Nifty declining 383.70 points to 23,063.10.

https://www.livemint.com/market
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India is considering regulations to restrict the sale of high-fat, high-salt, and high-sugar foods near schools.

What could change and why does it matter? 🥫
https://www.livemint.com/news/india/india-proposes-curbs-on-junk-food-sales-within-50-metres-of-schools-what-could-change-and-why-does-it-matter-11790232193092.html
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Gautam Adani announced over ₹4,000 crore investment for the Adani Arogya Mandir in West Bengal, promising over 10,000 jobs. The 2,000-bed healthcare facility aims to support economically weaker patients and will reportedly include a medical college and advanced research amenities.

Read in detail 👇
https://www.livemint.com/news/india/adani-arogya-mandir-gautam-adani-announces-4-000-cr-bengal-project-2-000-bed-facility-likely-to-create-10-000-jobs-11790248640018.html
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Legal opinions obtained by Tata Sons have backed the validity of N Chandrasekaran’s reappointment as chairman for a third five-year term, arguing that the company’s Articles of Association require a Selection Committee for appointing a new chairman and not for extending or reappointing an incumbent.

https://www.livemint.com/companies/news/tata-sons-vs-tata-trusts-chandrasekaran-s-third-term-gets-legal-backing-from-former-sc-judges-11790262856056.html
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The food safety regulator has proposed barring products made without milk from using the word “paneer” in their names, on labels or in advertisements, in a move aimed at preventing consumers from being misled about the composition of what they buy.

https://www.livemint.com/industry/fssai-food-regulator-moves-to-stop-analogue-paneer-milk-products-11790262243171.html
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