Sparcminds.media

Key IPO Details The company has announced a price band of ₹382 to ₹402 per equity share (face value ₹2).  The subscription window opens Friday, October 31, 2025 and closes Tuesday, November 4, 2025 . Basis of allotment is expected around November 6, 2025 , with listing targeted for November 10, 2025 on both the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE). The issue comprises: A fresh issue of ~₹2,150 crore. An Offer for Sale (OFS) by existing shareholders of ~127.6 million equity shares (≈ ₹4,800-5,100 crore depending on final band). Total IPO size is approximately ₹7,278 crore at the upper band.  Minimum lot size for retail investors is 37 shares , which means at the upper price band (~₹402) the minimum investment is ~₹14,874. Business Snapshot & Growth Trajectory Lenskart began as an online eyewear retailer and has grown into an omni-channel business with a large store footprint in India. In FY 2024-25, the ...

  What does the scheme offer? Tenure: 333 days . Deposit amount: Minimum ₹1,000; Maximum up to ₹3 crore (for this scheme) for deposits under this slab. Interest rates (approximate): For general customers: ~ 7.40% p.a. For senior citizens: ~ 7.90% p.a. For “super senior” citizens: ~ 8.15% p.a. Interest calculation & payout: The interest is calculated on a daily product basis, compounded quarterly, and credited either at half-yearly intervals or along with principal on maturity. Premature withdrawal / closure: Allowed, but interest will be paid at 1 % lower than the contracted rate (or the rate applicable for the period, whichever is lower) if the deposit is closed early. Why the 333-day tenure is interesting Shorter than one year but longer than typical 6- or 9-month deposits. It offers a sweet-spot tenure for investors who want more than short-term (few months) parking but may not want to commit for full years. Higher than normal FD rates. ...

   The United States is considering new restrictions on exporting products made with American software to China, according to multiple sources close to the matter.  This move represents a major escalation in the ongoing trade and technology conflict between Washington and Beijing, following new Chinese controls on rare earth exports. US Plans Sweeping Export Curbs Sources indicate that the Trump administration is weighing whether to bar a wide range of exports to China—including laptops, aviation components, and other technologies—that utilize US-developed software.  These controls would potentially impact not only direct shipments from the US, but also products manufactured abroad that include US software or technology.​   The measures under consideration would be similar to those the US applied against Russia in 2022, following its invasion of Ukraine.  If enacted, the restrictions could take effect as early as November 1, 2025, a date President Trum...

  📉 Recent Trend in Indian Tech Layoffs According to Inc42, around 5,649 employees from Indian start-ups have lost their jobs in the first nine months of 2025.  One of India’s largest IT services firms, Tata Consultancy Services (TCS), announced cuts of over 12,000 jobs (about 2 % of its workforce) in mid-2025, attributed to “skill-mismatch” and technology realignment.  On the global front, trackers such as TrueUp report that in 2025 so far more than 158,000 tech jobs have been eliminated worldwide.  🔍 What’s driving this wave of layoffs? Many start-ups and tech firms in India are under pressure from a “ funding winter ” — less investor appetite, slower growth, and hence increased focus on profitability over hyper-growth .  The adoption of automation and artificial intelligence (AI) is reshaping roles: tasks that were manual, repetitive or mid-level are increasingly exposed to being automated. TCS, for example, pointed to “ skill mismatch ” bu...