Congress Falls Back On A Fullback: Where Pargat Singh Fits In Punjab Poll Play

Perth, 1985. India were trailing West Germany 1-5 at hockey's Champions Trophy with about eight minutes left when a 20-year-old fullback picked up the ball near the halfway line, ran at the defence, skipped past four defenders, and lifted it over the goalkeeper. It sparked a comeback still counted among Indian hockey's greatest. India scored four times in that spell to draw 5-5.

Forty-one years later, the Congress has handed him the ball in Punjab with lots to defend against, and everything to play for.

"It all happened so fast. Maybe the Germans did not expect it from me," Pargat Singh recalled about that match in Australia in a 1991 interview.

On Friday, the party named the former Olympic captain its state unit chief, two days after Amarinder Singh Raja Warring resigned and months before the 2027 Assembly elections.

Picking Pargat was a fallback, though not purely defensive. Former minister Vijay Inder Singla, a Hindu from the Bania (trader) community who heads the party's election management committee, was reportedly the frontrunner in two rounds of deliberation. Instead, the high command replaced one Jat Sikh with another, keeping the community equation intact and bringing a measured, issue-driven skipper to the top.

Lokniti-CSDS survey data from the last few elections shows why the Congress is worried about the numbers. The same data, read against Punjab's history, shows that arithmetic rarely decides the final score, least of all in a contest that's five-cornered this time.

READ | Hockey Legend Pargat Singh Named Punjab Congress Chief After Raja Warring Quits

Pargat Singh, 61, is seen as a measured speaker, unlike the more irreverent Raja Warring whom he replaces.
Photo: FB/@pargatsofficial

Holding The Line

Sikhs make up around 58 per cent of Punjab's population, and every chief minister since the state's reorganisation in 1966 has been a Sikh. Most have been Jat Sikhs, a largely rural, landowning community estimated at 22 per cent of the population. The incumbent, Aam Aadmi Party's Bhagwant Mann, is one.

Not all, though. Giani Zail Singh in the 1970s came from a Ramgarhia Sikh background, of traditional artisans, and Charanjit Singh Channi, who served briefly before the Congress lost in 2022, is a Dalit Sikh.

The Jat Sikh vote is where the Congress is weakest. Only 16 per cent of Jat Sikhs voted for it in 2022, down from 29 per cent in 2017, according to the Lokniti-CSDS post-poll survey. AAP took 46 per cent.

The state chief of every major party is a Jat Sikh this time, except AAP, which has a Hindu state unit chief and a Jat Sikh chief minister. Sections of the Congress are learnt to have argued that dropping the community from the top would have left it the odd one out. The poll field still carries Sikh issues, such as the alleged inaction by the then SAD-BJP government over sacrilege incidents in the mid-2010s.

Flank That Remains Open

The party has to, however, tackle how to give representation to Hindus, about 39 per cent of the population and the majority in most towns and cities. They have been a Congress stronghold in the not-so-distant past.

Pargat Singh started his innings by visiting prominent religious places of both Hindus and Sikhs in Delhi, where he was at the time of his appointment.

Among upper-caste Hindus, the Congress got 49 per cent of the votes in 2017, which halved by 2022, while the BJP's share tripled to reach 20 per cent, Lokniti-CSDS data showed. AAP was the main gainer across Hindu groups in 2022. Still, the Congress held on to more of its Hindu vote than its Sikh vote.

In the 2024 Lok Sabha polls, the Hindutva-focused BJP, contesting without the traditionally Sikh party Shiromani Akali Dal, took 18.56 per cent of the vote, its highest ever.

The Congress has had Hindu faces at the top before. Sunil Jakhar, state chief from 2017 to 2021, was even in the reckoning for chief minister when the party replaced Captain Amarinder Singh in 2021, before it made Channi the state's first Dalit chief minister. Jakhar later said advisers in Delhi had made his candidacy a Hindu-Sikh issue, and he quit the party in 2022 and went on to lead the BJP's state unit. The BJP recently replaced him with Kewal Singh Dhillon, its first Jat Sikh state president.

AAP has paired a Jat Sikh, Bhagwant Mann, with Aman Arora, a Hindu, as its state unit chief. The Congress has yet to find that balance.

Voters, however, may be more open than the parties. In the 2022 Lokniti-CSDS survey, 73.7 per cent of respondents said Punjab's chief minister can also be a non-Sikh.

Who's The Playmaker?

Dalits, from both Sikh and Hindu Scheduled Castes, make up about a third of Punjab's population, the highest such share in any state; 34 of the 117 Assembly seats are reserved for them. But making Channi chief minister in 2021, months before the polls, did not bring the Congress their votes. The party's share among Dalit Sikhs fell from 42 per cent in 2017 to 27 per cent in 2022, while AAP's rose from 21 to 46 per cent, Lokniti-CSDS found.

AAP won 28 of the 34 reserved seats, and Channi lost both seats he contested.

Channi, now the Jalandhar MP, remains the party's most prominent face, and his camp led the push to remove Warring. "Channi saheb has won," Warring said after his removal.

Channi served briefly as CM, the first Dalit to hold the post in Punjab, before the 2022 debacle of the Congress. Photo: IANS

READ | 'Charanjit Channi Saheb Has Won': Raja Warring Meets Rahul Gandhi After Exit As Punjab Congress Chief

Formally, the party has no chief ministerial face, but Channi is its campaign committee chief. The Congress has had a tradition of the campaign committee chief becoming chief minister in several states. "When we get the majority, the high command will decide," Leader of the Opposition Partap Singh Bajwa, another Jat Sikh contender, has said. Tradition dictates that the high command in Delhi decides.

As it stands today, the Congress has a Dalit Sikh as the de facto face and a Jat Sikh running the organisation, covering the state's two largest Sikh groups.

Geography adds another layer. Malwa, with 69 of the 117 seats, has traditionally decided who governs Punjab. The AAP won 66 of those seats in 2022. With Warring gone, none of the Congress's three most prominent leaders is from Malwa. Pargat and Channi are Jalandhar-based in Doaba, and Bajwa represents Qadian in Majha.

Does A Formula Work?

"Caste and community in Punjab is a current, not a container," historian and political commentator Harjeshwar Pal Singh said, however.

"Leaders win by riding moods, not by filling quotas," he opined.

AAP's 2022 victory cut across groups, described as "a bouquet of support from all castes and communities". In the Lokniti survey, 46 per cent said a candidate's caste mattered "not at all" to their vote.

Clear, rooted, and firm leadership is what matters, according to Harjeshwar. "In a multi-cornered fight, anti-incumbency does not automatically land in the challenger's lap; it has to be harvested, and that needs a sickle in one firm hand," he said.

In 2022, AAP declared Bhagwant Mann its CM face and won by a landslide. The Congress won in 2017 with Captain Amarinder Singh firmly in the saddle; it removed him before the 2022 elections and ended up presenting a fragmented leadership to voters.

In 2024, the vote splintered as the Congress and AAP were level at about 26 per cent, the BJP rose to 18.56, and two independents who campaigned on hardline Sikh platforms, including a jailed Amritpal Singh, won seats.

The 2027 field remains fragmented; it includes the AAP, Congress, SAD, BJP, and Amritpal's Akali Dal (Waris Punjab De). A SAD-BJP alliance remains under discussion. Calculating vote banks too minutely, thus, may end up confusing not just the voters but the leaders themselves.

For the Congress, presenting a united face remains the challenge. Pargat was a part of the Channi camp, though his public statements kept up with his calm but firm demeanour. He is known to write formal letters on specific issues to governments, and gives interviews focused on the public and not on factionalism.

READ | From Badals To Captain: How Pargat Singh's Dissent May Have Scored It For Him

Pargat's Long Game

The hockey champ's political journey has been winding yet moving forward, like that historic goal run in Perth. He served in the Punjab Police before entering politics to win the Jalandhar Cantonment seat for the SAD in 2012. Suspended by that party in 2016 after questioning some of its actions, he joined cricketer-turned-politician Navjot Singh Sidhu to form a group that weighed AAP versus Congress. They moved to the Congress, which won. Pargat stayed in Sidhu's corner through the Amarinder years, became a party general secretary when Sidhu rebelled and took over the state unit in 2021. Pargat served in Channi's cabinet.

In the 2022 AAP sweep, Pargat was one of only 18 Congress candidates to win. Sidhu, the six-hitting opening batter, has since drifted away. The long-run defender has stayed.

"Hockey has changed now... Everyone must learn to play in every position, to attack, defend, everything," Pargat Singh said in an interview three decades ago. That's the job he has now.

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OnePlus 15 vs iQOO 15: Which Phone Should You Consider This Festive Season?

OnePlus 15 and iQOO 15 will be available at discounted prices during the upcoming Amazon Great Indian Festival Sale 2026. If you are confused about which flagship smartphone you should buy during the upcoming Amazon Great Indian Festival Sale 2026, we have compared the prices and specifications of the OnePlus 15 and iQOO 15 to help you make an informed buying decision. The OnePlus 15 features a 6.78-inch QHD+ (1,272 x 2,772 pixels) AMOLED display, offering up to a 165Hz refresh rate. The iQOO 15 sports a 6.85-inch 2K Samsung M14 8T LTPO AMOLED display with up to a 144Hz refresh rate. Both phones feature the same chipset.

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From Mysuru To The Brink Of Glory: Pranavi Urs Eyes Historic Asian Games Gold

India's Pranavi Urs returned a superb four-under 66 in the third round to take a three-stroke lead and place herself in strong contention for an individual gold medal at the Asian Games women's golf competition on Friday. The 23-year-old from Mysuru, who is making her Games debut, has a total of 15-under 195, three shots clear of Singapore's Shannon Tan, who stumbled to a one-over 71 in the third round to surrender the lead she had held overnight. A stroke behind Shannon was China's Yin Ruoning. She signed for a flawless four-under 66 for a total of 11-under 199.

Pranavi's card was studded with five birdies against a solitary bogey on the par-four 14th hole. She played a blemish-free front nine, picking up shots on the first, third and eighth holes.

Her other two birdies came on the 13th and 18th holes.

It was a big third-day leap, traditionally known as 'Moving Day' in golf, and it also lifted the Indian women's team, comprising Pranavi (66-63-66), Aditi Ashok (71-74-70) and Diksha Dagar (71-73-71), to second place, four shots behind China.

China's total, based on the two best scores on each of the three days, is 405. India have a cumulative score of 409, while Hong Kong are at 411.

After three days of golf in Nagoya, India have given themselves two genuine opportunities to add to their Asian Games medal tally.

For the second successive Asian Games, an Indian woman holds the 54-hole lead. Aditi Ashok had done so in Hangzhou in 2023.

Despite taking a seven-shot lead into the final round in China, Aditi carded a 77 on the final day and ended up with silver.

The team finished fourth and Aditi's silver remains the only women's golf medal won by India at the Asian Games.

Pranavi, who is the only Indian woman golfer to have won a mixed professional event, achieving the feat at the IGPL Invitational Mumbai last year, was pleased with her showing but admitted she had a few regrets.

"Wish I could have holed more putts on the back nine. Hopefully, I'm saving them for tomorrow. Overall, it was pretty solid from tee to green. I just didn't hit a lot of bad shots," she said.

Pranavi has been knocking on the door of a Ladies European Tour (LET) title, and when asked if the Asian Games could help her get there, she added:

"I hope so. That's all I can hope for. I am just going to take it shot by shot. The result is not in my control anyway."

"Today, I was just focused on my game. I just played my game and stuck to my game plan. As for improving and maturing, I would like to think so. It's been three years on the LET Tour and, obviously, I haven't won yet. I'm still knocking on the door for my first win. Hopefully, I get that soon."

Men Stumble

Things did not go well for the men's team, though Veer Ahlawat returned a card of five-under 65, aided by four birdies on the back nine. His rounds have been 71, 68 and 65 for a total of six-under.

Ahlawat's 65 helped him break into the top 10 at 10th place, while Saptak Talwar (66-68-71) was 11th at five-under overall. Yuvraj Sandhu (71-69-71) was one-over and tied for 23rd.

In the team competition, where the top scores each day are counted, the Indian men are 11-under and in sixth place.

Pranavi began the day with a flourish, making two birdies in the first three holes as her rival Shannon dropped a shot. A two-shot deficit quickly became a one-shot advantage for the Indian.

Tan, who was playing alongside Pranavi, then dropped another shot on the fifth, while Pranavi birdied the eighth to move three ahead at the turn. A bogey from Tan on the 10th increased the gap to four.

Throughout the round, Pranavi remained steady, striking the ball well and putting confidently, although a couple of makeable putts failed to drop.

The momentum shifted when Tan, a two-time Ladies European Tour winner, bounced back with three consecutive birdies from the 11th to the 13th. Pranavi managed only one birdie, on the 13th, reducing the gap to two.

Both players dropped shots on the 14th, while Pranavi holed a nerveless 14-footer for par on the 15th. Pars followed for both on the 16th as the tension became visible on their faces, though not in their play. Pranavi then sealed her round with a birdie on the 18th to card a 66 and take a three-shot lead.

Chasing Pranavi and Tan is the highly accomplished Yin Ruoning, who turned 24 four days ago. Playing alongside the leading pair, Yin, a six-time LPGA Tour winner, including the 2023 Women's PGA Championship, produced a bogey-free 66 to remain firmly in contention.

The men's individual competition is being led by South Korea's Tom Kim (66-67-65), who, at 12-under, is one shot ahead of Chinese Taipei's Wang Wei Hsuan (65-66-68) and Japan's Kazuki Higa (65-67-67), both of whom are at 11-under.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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LG Electronics Shares May Rally 22%, Says Motilal Oswal - Check Target Price

According to the brokerage, LG Electronics is well placed to benefit from structural premiumisation across TVs, refrigerators, washing machines and ACs, while the expanding LG Essential portfolio provides an additional growth factor by broadening its addressable market. Over the medium term, Motilal Oswal expects Sri City capacity expansion, deeper localisation and increasing exports to further strengthen the growth and profitability profile.

NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Domestic brokerage firm Motilal Oswal values LG Electronics Ltd. at 45 times Sep'28E earnings per share to arrive at a target price of Rs 2,080 and has reiterated Buy rating implying a potential upside of 22% from the reports current market price of Rs 1,711.

The brokerage's positive view on LG Electronics is supported by its diversified product portfolio, strong brand franchise, multiple avenues for sustainable revenue growth and better margin profile vs peers.

The company is well placed to benefit from structural premiumisation across TVs, refrigerators, washing machines and ACs, while the expanding LG Essential portfolio provides an additional growth factor by broadening its addressable market.

ALSO READ: Azad Engineering Gets Rating Upgrade From ICICI Securities On Higher-For-Longer Growth Visibility — Check Revised Target Price

Recent trends across large-screen TVs, French-door refrigerators and fully automatic washing machines highlight LG Electronics's ability to drive value growth even in a mixed demand environment. Over the medium term, Motilal Oswal expects Sri City capacity expansion, deeper localisation and increasing exports to further strengthen the growth and profitability profile.

Click on the attachment to read the full report:

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This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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"Concerning Sign": Gambhir And Co. Sent Clear Message After WI Notch 405/7

The fans at Barsapara Stadium witnessed one of the most stunning ODI batting displays from the West Indies as, for the first time ever, three Caribbean batters scored centuries in a single ODI innings. From an explosive, no-holds-barred assault by opener John Campbell to a measured, quintessential ODI-style century from skipper Shai Hope and a classy yet merciless ton from rising star Amir Jangoo, the Indian fans experienced Caribbean cricket in different flavours and tempos. As the two-time champions eye a spot in the 2027 ODI World Cup through the qualifiers, they showcased a level of ruthlessness that fans had rarely seen from them in recent years.

India conceded 405/7 in 50 overs, the third-highest total ever conceded by the side in ODIs.

Highest ODI totals against India

438/4 South Africa, Wankhede, 2015

411/8 Sri Lanka, Rajkot, 2009

405/7 West Indies, Guwahati, 2026

389/4 Australia, Sydney, 2020

387/3 England, Lord's, 2026

"If West Indies, who didn't even qualify for the previous ODI World Cup, can consistently take our bowlers to the cleaners, then it's a concerning sign heading into the 2027 World Cup. #INDvWI," domestic cricket stalwart Priyank Panchal wrote on X.

If West Indies, who didn't even qualify for the previous ODI World Cup, can consistently take our bowlers to the cleaners.. then it's a concerning sign heading into the World Cup 2027. #INDvWI

— Priyank Panchal (@PKpanchal09) September 30, 2026

The first century was a 68-ball 101 from John Campbell, comprising nine fours and five sixes at a strike rate of over 148. He surpassed the legendary Viv Richards' record for the fastest ODI century by a West Indies batter against India, reaching the milestone in just 65 balls compared to the 72 balls Richards took in 1983.

The explosive opener had also reached his half-century in just 29 balls, eclipsing 'Universe Boss' Chris Gayle's 30-ball fifty against India in 2002, achieved long before the advent of T20 cricket.

Campbell's century remains the fifth-fastest by a West Indies batter in ODI cricket. Brian Lara's 45-ball marvel against Bangladesh in Dhaka in 1999 continues to top the list.

Then came skipper Shai Hope's 20th ODI century, crafted in a much more measured fashion. He finished with 104 off 94 balls, including eight fours and three sixes, at a strike rate of over 110.

While Lara's 45-ball century against Bangladesh remains iconic, the West Indies legend slipped to third on the list of most ODI centuries by a West Indies batter after Hope registered his 20th ton in just 157 ODIs. Gayle leads the chart with 25 centuries, while Hope is now second.

Then came a 70-ball masterclass from 29-year-old Trinidadian Amir Jangoo, who scored 114 off 77 balls, hitting nine fours and three sixes at a strike rate of over 148. In a T20-flavoured innings, Jangoo played several exceptional shots that would have delighted even the most traditional connoisseurs of the sport.

Never before had the West Indies scored three centuries in a single ODI innings. This was only the sixth such instance in ODI history, with South Africa having achieved the feat three times.

Their collective effort also propelled the West Indies to their highest ODI total ever, surpassing the 389 they scored against England in St George's in 2019. At the end of 50 overs, the visitors had amassed 405/7, with Gurnoor Brar (2/96 in 10 overs), debutant Auqib Nabi (0/84 in 8.5 overs), and Ravindra Jadeja (2/75) enduring a tough outing.

After South Africa's 438/4 at Wankhede in 2015 and Sri Lanka's 411/8 at Rajkot in 2009, this marked only the third time India had conceded 400-plus runs on home soil.

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LeBron James, Miami Heat Free Agency Pursuit Explained After 76ers Decision

LeBron James' move to the Philadelphia 76ers left the Miami Heat without the reunion many fans had hoped for. But according to Miami Heat beat writer Ira Winderman, Miami did not necessarily lose by making a strong push for James. The Heat were among the teams interested in the 41-year-old star before he chose Philadelphia in July. Miami later added Klay Thompson after also bringing Giannis Antetokounmpo to the roster. 

LeBron James And Miami Heat Had Different Plans In 2026 Free Agency

The Heat were one of the teams in the mix for James during his long free-agency process. James eventually chose the 76ers and signed a two-year, $8 million contract with a player option. He said his focus was winning another championship, while his friendship with Tyrese Maxey and his desire to help Joel Embiid also played a role. 

Winderman addressed whether Miami wasted time by pursuing James. His view was that the Heat had little reason to regret the move because they continued building their roster. He wrote, “If they had missed out on another player, say Klay, then you could second guess the overtures.” The Heat later signed Thompson to a two-year deal worth about $11.5 million. 

That move gave Miami another major piece after the team acquired Giannis Antetokounmpo. Winderman summed up the situation by saying, “In the end, LeBron seemingly got what he wanted, and the Heat seemingly got what they wanted.” James got his Philadelphia opportunity, while Miami continued with its own roster plan. 

LeBron James Moves To Philadelphia As Miami Builds Around Giannis

James' 2026 free agency took weeks before he finally made his choice. On July 24, he announced that he would join Philadelphia, ending his eight-year run with the Lakers. The NBA later confirmed the deal, with James entering his 24th season and returning to the Eastern Conference. 

His choice was not simply about adding another team to his career. James recently explained that his relationship with Maxey and his belief that he could help Embiid win his first championship influenced the decision. Philadelphia had also added Jaylen Brown, giving James another major piece around him. 

For Miami, the offseason took a different path. The Heat now have Antetokounmpo and Bam Adebayo as major pieces, while Thompson adds outside shooting. With James now preparing for his first season in Philadelphia, the Heat's decision to keep building without him has become an important part of the 2026 offseason story. 
 

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"Get A Life": Dakota's Blunt Message To Trolls Questioning Her Love Life

Dakota Johnson is once again at the centre of dating rumours, this time with rapper Machine Gun Kelly. The Fifty Shades Of Grey star, though, isn't interested in explaining or correcting every story about her personal life.

Johnson has spoken about how quickly rumours can spread online, saying that even a simple dinner with people from her professional life can lead to stories about a mystery man. She said she does not feel the need to respond to every report about who she may or may not be dating.

For Johnson, trying to correct every rumour will only bring more attention. People will believe what they choose and she does not want to spend her time trying to change their minds, she said. 

On Vogue's The Run Through podcast, Dakota Johnson said, “Even if I go to dinner with my manager or my lawyer, it's like, ‘Seen with mystery man.' It's just like, I also don't care. I think it's just kind of futile.”

“People are gonna believe what they wanna believe and I don't have the energy to fight for that. I like would much rather focus on other things in my life. Every day, there's something on the internet that's ridiculous and true or not true, and I don't care. Like get a life.”

Dating rumours about Dakota Johnson and Machine Gun Kelly surfaced after they attended Taylor Swift and Travis Kelce's wedding at Madison Square Garden in New York. The speculation gained more attention when an insider later told People that Johnson and MGK “have been hanging out and seeing each other under the radar for months now.”

According to the insider, Dakota and MGK already knew each other before attending the July wedding. The source claimed that they became closer during the event and developed a stronger connection. 

The two reportedly began as friends and stayed in touch through messages. More recently, they have allegedly started spending more time together.

The source also claimed that Machine Gun Kelly is interested in Dakota Johnson. He has spoken positively about her to his friends and described the Madame Web actor as an amazing person.

Also Read: Dakota Johnson's Famous LA Home Finds Buyer Just Days After Listing

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Ind vs WI 1st ODI Live Streaming: When And Where To Watch Live Telecast

India vs West Indies 1st ODI Live Streaming: The highly anticipated day has arrived, with India set to face West Indies in the first ODI of the three-match series on Sunday in Thiruvananthapuram. Stalwarts Rohit Sharma and Virat Kohli will be in action as India begin their preparations for the 2027 ODI World Cup. The series marks the start of a long journey in the 50-over format for skipper Shubman Gill and his team as they build towards next year's World Cup in South Africa, Zimbabwe and Namibia. However, while the team management continues to grapple with the absence of several players due to injuries and the ongoing Asian Games in Japan, the public narrative remains firmly centred on the two greats, Rohit and Kohli.

On the other hand, for Shai Hope's West Indies squad, coming off tight series losses to New Zealand and Sri Lanka, the series offers a fresh opportunity for them to test an Indian team missing several core match-winners, especially with them set to play ODI World Cup qualifiers next year.

When will the India vs West Indies 1st ODI be played?

The India vs West Indies 1st ODI will be played on Sunday, September 27.

Where will the India vs West Indies 1st ODI be played?

The India vs West Indies 1st ODI will be played at Greenfield International Stadium, Thiruvananthapuram.

What time will the India vs West Indies 1st ODI start?

The India vs West Indies 1st ODI will start at 2:00 PM IST. The toss will take place 30 minutes before.

Which TV channels will telecast the India vs West Indies 1st ODI?

The India vs West Indies 1st ODI will be telecast live on the Star Sports Network.

Where to follow the live streaming of the India vs West Indies 1st ODI?

The India vs West Indies 1st ODI will be streamed live on the JioHotstar app and website.

(All the details are as per the information provided by the broadcaster.)

(With Agency inputs)

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How to Download Your Instagram Photos and Videos: A Step-by-Step Guide

Instagram allows users to download photos and videos they have posted on Instagram directly to their smartphones' camera roll. This feature comes in handy if a user has deleted the photo or video from their handset to free up storage or for any other reason. Instagram also offers the ability to automatically download each time a user posts a video or photo on the social media platform

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Coal India Unit SECL Said To Hire Banks For $800 Million IPO

South Eastern Coalfields Ltd., a unit of state-run Coal India Ltd., has hired banks for an initial public offering in Mumbai that could raise as much as $800 million, according to people familiar with the matter.

The coal producer has appointed ICICI Securities Ltd., SBI Capital Markets Ltd., Motilal Oswal Investment Advisors Pvt. and IDBI Capital Markets & Securities Ltd. to advise on the share sale, the people said, asking not to be identified because the information is private.

South Eastern Coalfields aims to file a draft prospectus as early as December, the people said. Parent Coal India is expected to sell shares in the proposed offering, they added.

Discussions are ongoing and details including the size and timing of the offering could change, the people said. Representatives for Coal India, South Eastern Coalfields and the banks didn't immediately respond to requests for comment.

The potential listing would add to Coal India's efforts to take some of its subsidiaries public. Another unit, Mahanadi Coalfields Ltd., filed a draft prospectus with India's market regulator earlier this month. Coal India plans to sell as many as 661.8 million shares in that offering, according to the filing.

The proposed IPO would also add to a busy pipeline of Indian share sales as companies seek to tap the country's deepening pool of domestic capital.

South Eastern Coalfields is among Coal India's largest subsidiaries. It operates 60 coal mines across central India, with 35 in the state of Chhattisgarh and the remaining 25 in Madhya Pradesh, according to its website.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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Asian Games: India To Fight For 2 Kabaddi Golds As Men's, Women's Teams Enter Final

Kabaddi Semi-Finals Live Score Asian Games 2026: India will bid for a brace of gold medals in kabaddi at the Asian Games 2026 after both the men's and women's teams entered their respective finals. The men's team thrashed Thailand 66-28 in the first semi-final, setting up a potential title clash against Iran, who face Chinese Taipei in the other semi-final. Earlier, the Indian women's team thrashed Nepal 48-24 in the semi-finals to enter the summit clash of the event. After a cagey start to the second half, India pulled the trigger in the dying minutes to open up a 24-point lead over their opponents and put the tie to bed. India, who won gold at the Hangzhou Games in 2023, led 31-17 at the break. Despite some early pressure from the Nepalese side and a closely contested start to the encounter, India managed to open up a healthy lead. (Asian Games 2026 Day 6 LIVE Updates)

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