Sun Sep 08 13:13:13 UTC 2024: ## Economic Times Headlines: IPO Buzz, PSU Stock Slump, and More

The Economic Times reports on a range of business and financial news, including:

**IPO Activity:**

* Swiggy’s IPO is expected to bring billions of dollars to Prosus in India.
* SUGAR Cosmetics is following the successful IPO paths of Nykaa and Mamaearth.
* India is gearing up for its largest IPOs in 14 years.

**Market Trends:**

* 15 PSU stocks have dropped over 30% and are trading near crucial support levels.
* A list of 20 large-cap stocks has experienced significant losses.
* The article raises questions about the potential need for a new Sebi chief and the role of the regulator in encouraging or discouraging SME IPOs.

**Other News:**

* Tata Sons’ N. Chandra is India’s highest-paid executive for FY24.
* A rocket attack targeted the residence of a former Manipur Chief Minister.
* Boeing’s Starliner spacecraft successfully landed in New Mexico.
* The Somnath Express derailed in Jabalpur with no reported casualties.

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