Sebi
Sebi to launch UPI IDs for registered entities to avoid trading frauds
SEBI will introduce UPI IDs for registered intermediaries collecting funds, enhancing payment security and transparency for investors. This initiative, effective October 1, aims to combat investor fraud by ensuring funds reach only verified entities. SEBI is also collaborating with app stores and launching a 'Sebi Check' tool to further validate registered intermediaries.
Explainer: As Sebi set to launch UPI IDs for market intermediaries, 5 things investors should know
Sebi UPI rule: Sebi has clarified that investors can choose their preferred payment method—UPI, NEFT, IMPS, RTGS, or Cheques—while transacting with intermediaries. From October 1, 2025, only validated UPI IDs will be accepted for UPI payments to Sebi-registered intermediaries. The new ecosystem will facilitate a secure and transparent payment system for investors to pay their money only to registered intermediaries.
Sebi sets minimum 2 PAC meets yearly for commodity exchanges
Markets regulator Sebi on Thursday directed stock exchanges with commodity segments to ensure their Product Advisory Committees (PACs) meet at least twice a year, or more frequently if necessary.
Sebi introduces settlement scheme for stock brokers associated with certain algo platforms
Markets regulator Sebi on Monday introduced a settlement scheme, commencing on June 16, for all stock brokers associated with certain algo platforms.
Sebi floats consultation paper on FAQs related to regulatory provisions for research analysts
Markets regulator Sebi on Monday proposed to revise the existing frequently asked questions (FAQs) and introduce additional ones to incorporate consequential and regulatory changes arising from recent amendments to the Research Analysts (RA) norms.
JioBlackRock gears up for third debt launch, files draft document of overnight fund with Sebi
JioBlackRock Mutual Fund has filed with Sebi to launch its third debt offering—JioBlackRock Overnight Fund—focused on overnight securities for low-risk, short-term income generation. The scheme offers a direct growth plan with minimum investment of ₹500.
Sebi urges use of CeFCoM for secure fee payments to registered advisors, research analysts
Markets regulator Sebi on Thursday encouraged investors to pay fees to their investment advisers (IAs) and research analysts (RAs) through CeFCoM, a secure and transparent payment system.
Sebi issues Rs 5.35-cr demand notice to OPG Securities, others in NSE co-location case
Sebi has sent notices to stock broker OPG Securities and its directors asking them to pay Rs 5.35 crore, in a case of unfair access to secondary market servers in connection with the NSE co-location issue, and warned of attachment of assets as well as bank accounts if they fail to make the payment within 15 days.
Sebi set to launch new UPI mechanism for MFs, brokers
SEBI introduces a new UPI handle, @valid, for registered intermediaries like brokers and mutual funds, starting October 1st, to enhance transaction security. This initiative aims to ensure investors make payments only to verified entities, accompanied by a visual verification cue. A 'Sebi check' functionality is also under development for investors to verify UPI ID authenticity.
Sebi imposes Rs 3 lakh fine on Motilal Oswal Financial Services for violations of stock brokers' norms
Markets regulator Sebi on Monday imposed a penalty of Rs 3 lakh on Motilal Oswal Financial Services Ltd for violating stock brokers' norms.
Sebi member raises concerns over valuation practices
SEBI has expressed concerns regarding existing valuation practices, highlighting potential conflicts of interest where valuers are compensated by the entities whose assets they assess. Ananth Narayan emphasized the significant variations in valuations stemming from differing assumptions and limited transparency. He advocated for valuers to disclose assumptions, sensitivity ranges, and track records, promoting greater accountability for substantial valuation changes.
Sebi issues correction in IndusInd Bank insider trading case
Sebi has issued a corrigendum in the IndusInd Bank insider trading case, clarifying that a key document referred to as a “board note” in its interim order should have been called an “engagement note.” The case involves allegations of UPSI-based share sales by top executives before disclosing Rs 1,572 crore in derivative losses, helping them avoid nearly Rs 20 crore in losses.
IndusInd Bank shares in focus after Sebi issues correction in insider trading case
Sebi issued a corrigendum to its recent interim order in the insider trading case involving the bank, clarifying that a crucial document previously referred to as a “board note” was actually an “engagement note.”
NSE gets Sebi nod to launch electricity futures. 3 things exchange expects to achieve
NSE electricity futures: NSE has secured Sebi’s approval to introduce monthly electricity futures, aiming to deepen power markets, provide hedging tools, and attract large-scale climate finance. The move supports long-term reforms and India's net-zero goals under the Electricity Act, 2003.
Orkla India files IPO papers with Sebi
Orkla India, owner of MTR and Eastern brands, plans to launch an IPO. The company has submitted documents to Sebi for approval. The IPO involves an offer for sale of 2.28 crore shares by existing shareholders. Orkla Asia Pacific and Navas Meeran are among the selling shareholders. The company will not receive any funds from this IPO.
Sebi extends timeline of additional liquidation period for VCFs migrating to AIF rules
Markets regulator Sebi on Friday extended the additional liquidation timeline by one year till July 2026 for venture capital funds (VCFs) transitioning to alternative investment funds rules.
Sebi attaches bank, demat, MF accounts of Mehul Choksi to recover Rs 2.1 crore dues
Sebi has ordered the attachment of Mehul Choksi's assets, including bank accounts, shares, and mutual funds, to recover Rs 2.1 crore in dues related to insider trading violations in Gitanjali Gems shares. This action follows Choksi's failure to pay a fine imposed in January 2022 for communicating unpublished price-sensitive information.
Scam alert! Sebi warns investors against fraudulent communications demanding fines, using fake logos
Sebi cautioned investors about fraudsters posing as officials using forged notices, seals, and fake sale certificates via social media to extort money. It urged the public to verify all communications on sebi.gov.in and report suspicious messages immediately.
MCX shares rise 4%, hit lifetime high on Sebi’s nod for launch of electricity derivatives
MCX has received Sebi approval to launch electricity derivatives, marking a historic first for India. The move is expected to deepen energy markets, help manage power price volatility, and support the country’s transition to a sustainable energy future. Backed by SEBI and CERC, the launch positions MCX as a pioneer in India's evolving commodity and energy trading landscape.
JioBlackRock Investment Advisers gets Sebi nod to start advisory business
JioBlackRock Investment Advisers, the joint venture of Jio Financial and BlackRock, received Sebi and BSE approvals to operate as an investment adviser in India. The firm aims to offer tech-driven, personalized financial solutions for modern Indian investors.
JioBlackRock Mutual Fund files draft documents with Sebi to launch its first 2 debt schemes
JioBlackRock Mutual Fund has filed draft papers with SEBI to launch two debt schemes—a liquid fund and a money market fund. The JioBlackRock Liquid Fund aims to offer regular income through investments in money market and debt instruments with maturities up to 91 days. It is designed for short-term investors seeking low-risk, income-generating opportunities.
Sebi probes Jane Street's derivative trades over 3 years: Sources
India's market regulator, SEBI, is investigating Jane Street's derivatives trading activities over the past three years, suspecting potential manipulation of benchmark stock indexes. The probe, triggered by unusually high profits and complaints from other firms, focuses on algorithmic trading strategies in NSE's Nifty 50 and banking indexes.
Jio Financial Services shares in focus after JV with BlackRock gets Sebi nod to start advisory business
JioBlackRock, the joint venture between Jio Financial Services and BlackRock, has received Sebi’s final nod to operate as an investment adviser. The approval, along with earlier permissions to manage mutual funds, signals the JV’s broader foray into India’s financial services space.
Sebi issues new ESG debt framework to regulate social, sustainability, and linked bonds
Sebi has introduced a new framework for ESG debt securities—excluding green bonds—to boost transparency, curb purpose-washing, and align with global standards. Categories include social, sustainability, and sustainability-linked bonds, with strict disclosure and reporting requirements for issuers.
Reduce time lag between financial results and annual reports: Sebi to CFOs
Markets regulator Sebi on Friday urged Chief Financial Officers (CFOs) to reduce the time lag between the announcement of financial results and the publication of full annual reports, which is aimed at enhancing investors' confidence.
Big-ticket IPOs ahead: NSDL, HDB Financial, and other marquee firms set for market debuts soon
After a slow start to the year, India’s IPO market is regaining momentum with over 30 companies tapping the markets in the last two months. More than 67 firms await SEBI approval to raise over Rs 1 lakh crore. Key listings in the pipeline include NSDL, HDB Financial, and Vikram Solar, with FY26 IPO fundraising projected to surpass Rs 2 lakh crore.
MCX gets Sebi nod to launch electricity derivatives
MCX has received SEBI approval to launch electricity derivatives, marking a major step in India’s energy trading evolution. These contracts will help power market participants hedge price risks, support renewable energy goals, and deepen market efficiency in alignment with India’s Viksit Bharat vision.
Oswal Pumps files DRHP for Rs 890 crore IPO
Oswal Pumps has filed a draft red herring prospectus with SEBI to raise up to Rs 890 crore via IPO, comprising a fresh issue and an OFS by promoter Vivek Gupta. The Karnal-based pump and solar solutions maker plans to list on BSE and NSE, with the issue opening for public subscription from June 13 to June 17.
Rayzon Solar to file draft papers for Rs 1,500-cr IPO
Rayzon Solar, a solar panel manufacturer, plans to file papers with Sebi for its IPO. The IPO is worth approximately Rs 1,500 crore. The Surat-based company has hired investment banks to manage the public offering. The company aims to use the funds for expansion. Rayzon Solar is entering the market during a growth phase for domestic solar manufacturing.
Kent RO Systems among four firms to win Sebi nod for IPOs
IPO approvals have been granted to four companies: Kent RO Systems, Vidya Wires, Karamtara Engineering, and Mangal Electrical Industries. Their planned public offerings, comprising a combination of fresh issues and offers for sale, represent a diverse range of sectors—including water purifiers, kitchen appliances, transformers, and specialty wires.
Tanla Platforms shares soar 13% as board likely to consider share buyback
Tanla Platforms' shares surged 12.8% following the announcement of a board meeting on June 16, 2025, to consider a potential equity share buyback. This move has boosted investor confidence, signaling the company's strong financial position. While the stock has seen declines over the past year, it has recently experienced significant gains in the last three months.
HDFC Bank shares in focus after HDB Financial Services gets SEBI nod for IPO
HDFC Bank shares will be in focus after its subsidiary, HDB Financial Services, received SEBI’s approval for its Rs 12,500 crore IPO. The issue includes a Rs 2,500 crore fresh issue and a Rs 10,000 crore OFS. As an upper-layer NBFC, HDB must list by September 2025. The funds will bolster its Tier-I capital base.
HDB Financial Services and five other companies secure SEBI approval for IPOs
HDB Financial Services, along with five other companies, has received Sebi's approval for their IPOs. HDB Financial's ₹12,500-crore IPO includes a fresh issue and an offer for sale, aiming to boost its tier-I capital. As an upper-layer NBFC, HDB Financial must list by September 2025 per RBI rules. Vikram Solar, A-One Steels India, and others also got the green light.
Omnivore India Capital Trust, other settle case of delay in winding up fund with Sebi
Omnivore India Capital Trust and Omnivore Capital Management Advisors have settled a case pertaining to alleged delay in winding up the venture capital fund on payment of Rs 14.62 lakh.
NCLT directs insolvency against Gensol, Gensol EV Lease; appoints IRP
The National Company Law Tribunal has initiated insolvency proceedings against Gensol Engineering and Gensol EV Lease following petitions from the Indian Renewable Energy Development Agency due to defaults of ₹510 crore and ₹218.95 crore, respectively. An interim resolution professional has been appointed to manage the affairs of both companies, whose boards have been suspended.
What are the major challenges facing NSE's long-awaited IPO?
The NSE's long-awaited IPO faces continued delays due to unresolved regulatory concerns raised by Sebi, including the co-location case and technology infrastructure issues. Despite NSE's efforts to address these concerns and seek resolution through settlements, the IPO's future remains uncertain, pending Sebi's approval and the outcome of ongoing investigations. NSE is actively traded in the unlisted market.
Sebi approves HDB Financial, Vikram Solar among six IPOs
Sebi has approved IPOs of six companies from sectors like renewable energy, finance, steel, chemicals, jewelry, and logistics. Notable names include Vikram Solar, HDB Financial, and A-One Steels, reflecting a strong IPO pipeline and diversified market interest.
Sebi tweaks investor charter for investment advisers, research analysts to boost financial literacy
Markets regulator Sebi on Monday tweaked the investor charter for investment advisers and research analysts to enhance financial inclusion and financial literacy.
Speed of doing business for ease of doing business: Streamlining India’s corporate restructuring
Corporate restructuring in India is still hampered by NCLT delays, despite reforms aimed at simplifying the process. With over 15,000 cases pending and no statutory deadlines for merger approvals, even uncontroversial schemes face long waits. A dedicated Corporate Restructuring Authority under the MCA could streamline processes and ease India’s regulatory burden, unlocking faster deal execution and greater investor confidence.
Sebi automates process of invocation, sale of pledged securities
To facilitate ease of doing business and safeguard the investors' interest, markets regulator Sebi on Tuesday decided to automate the process of invocation and sale of pledged securities.
JioBlackRock Mutual Fund launches website, unveils leadership team and early access initiative
JioBlackRock Mutual Fund mentioned that its leadership team brings together asset management experience, digital innovation and customer-centric product design. Together, the team aims to deliver JioBlackRock’s mission to transform investing in India by making it more accessible and affordable for millions of people
This Vedanta subsidiary's shares surge 4% ahead of June 11 board meeting to consider interim dividend
Hindustan Zinc shares experienced a 4% surge, closing at Rs 522.40 on the BSE. This increase in investor confidence comes before the board meeting scheduled for June 11, 2025. The board will consider and approve the first interim dividend for the financial year 2025–26. June 17, 2025, is the record date for dividend eligibility.
Orkla India IPO: MTR Foods owner files DRHP with SEBI. Details here
Orkla India, known for brands like MTR, has filed for a full OFS IPO involving 2.28 crore shares. The company reported robust financial growth with strong margins and efficient operations, targeting India’s booming packaged food market.
Meesho’s reverse flip may conclude this week; likely to file IPO papers this month, say sources
The Bengaluru-based ecommerce marketplace is eyeing a $700-800 million IPO, but the issue size and the timelines could change depending on the market conditions. Meesho is likely to file the papers under Sebi’s confidential route.
Financial sector regulators to work on universal KYC
Financial sector regulators, led by the RBI, are developing a universal KYC framework with the CKYCR to streamline verification processes. Nirmala Sitharaman urged regulators to ensure seamless KYC experiences for citizens and expedite refunds of unclaimed amounts through district-level camps. The FSDC also discussed strengthening cybersecurity and implementing budget announcements related to KYC simplification for NRIs, PIOs, and OCIs.
Canara Robeco Mutual Fund announces change in name of 3 equity funds
Canara Robeco Mutual Fund will rename three equity schemes from June 20 following SEBI’s directive on uniform nomenclature. The scheme names are changing, but all other features remain unchanged.
3 reasons why Warren Buffett doesn’t buy REITs, but here’s why that shouldn’t stop you
Warren Buffett's Berkshire Hathaway largely avoids REITs due to their tax structure and the company's investment philosophy, which prioritizes high unleveraged returns. However, Indian REITs offer individual investors tax-efficient income and liquidity, making them a potentially smart portfolio addition. SEBI regulations and transparency further enhance their appeal as an alternative to traditional real estate.
ED issues summons to Care Health counsel over Rashmi Saluja Esops 'advice'
The Enforcement Directorate has summoned senior counsel Arvind Datar regarding his advice to Care Health Insurance on ESOPs issued to Rashmi Saluja. The investigation revolves around whether the ESOP issuance violated regulations, leading to scrutiny of legal opinions provided. Former Irdai chairman Hari Narayan may also be questioned in connection with the matter.
Gensol Engineering shares slide 2% as NCLT reserves order on Rs 729 crore Ireda insolvency pleas
Gensol Engineering shares: On Wednesday, the two-member bench of the NCLT, consisting of judicial member Shammi Khan and technical member Sanjeev Kumar, reserved its judgment on Ireda's petition filed under Section 7 of the Insolvency and Bankruptcy Code (IBC) against Gensol Engineering concerning a loan default amounting to Rs 510 crore.
Aequs files IPO papers via confidential filing route; seeks to raise up to $200 million
Aequs, an Indian contract manufacturer for aerospace and consumer goods, has confidentially filed draft papers with SEBI to raise approximately USD 200 million through an IPO. The offering includes both fresh equity shares and an Offer For Sale component. Kotak Mahindra Capital, JM Financial, and IIFL Capital will manage the IPO.
Sebi introduces new guidelines for MF nomination process: What investors need to know
To streamline and secure mutual fund nominations, SEBI has introduced updated operational guidelines. These changes, effective from June 1st, require investors to provide detailed nominee information, including contact details and identity proof. While existing nominations remain valid, investors can now nominate up to 10 individuals per folio from September 1, 2025, simplifying asset transmission for heirs.
Stocks in news: Wipro, Motilal Oswal, Jana SFB, Force Motors, Tech Mahindra
Markets opened positively, building on Friday's gains. Wipro's promoter sold shares worth ₹5,057 crore, while Motilal Oswal faced a Sebi fine. Jana SFB applied to become a universal bank. Tech Mahindra's Americas President retired, and Force Motors saw a CFO change as well. AstraZeneca Pharma India also announced MD's resignation.
Explained: How is Specialised Investment Fund different from mutual funds, PMS, and AIF
SIF aims to provide sophisticated investors with more flexible investment opportunities while ensuring regulatory oversight.
Indian banks must urgently embrace AI, privacy technologies to comply with DPDP Act: Report
Indian banks must urgently adopt artificial intelligence (AI), privacy-enhancing technologies (PETs), and privacy-by-design strategies to effectively comply with the Digital Personal Data Protection Act (DPDPA), according to a report released by Protiviti.
Lower home loan EMIs for loans from PNB, Indian Bank, Bank of Baroda, BOI as RBI cuts repo rate by 50 bps
Home loan interest rates: Following the RBI's repo rate cut to 5.50%, four major public sector banks, including PNB, BoB, Indian Bank, and BOI, have reduced their home loan interest rates. These revisions, effective in early June 2025, lower the Repo Linked Lending Rates (RLLR) by 50 basis points.
FM Nirmala Sitharaman asks regulators to expedite refund on unclaimed deposits, streamline KYC
Finance Minister Nirmala Sitharaman urged regulators to expedite unclaimed deposit refunds and streamline KYC processes during the 29th FSDC meeting. The council emphasized macro-financial stability, cybersecurity resilience, and inter-regulatory coordination. Members also discussed implementing budget announcements, improving factoring services, and reviewing past FSDC decisions to strengthen the financial sector.
Bajaj Finserv announces appointment of Lakshmi Iyer as Group President – Investments
Bajaj Finserv has appointed Lakshmi Iyer as Group President - Investments, effective August 1, 2025. Iyer, a veteran fund manager, brings nearly 27 years of financial services expertise from Kotak Mahindra Group, where she served as CEO of Investments and Strategy at Kotak Alternate Asset Managers Ltd. Her experience includes wealth advisory, strategy, product solutions, deal execution, and fund management.
L&T to raise Rs 500 crore via ESG bonds
Infrastructure major Larsen & Toubro (L&T) on Friday said it will raise Rs 500 crore through ESG bonds.
Stocks in news: HDFC Bank, Suzlon Energy, Tata Steel, BEL, MCX
HDFC Bank Share: Markets closed the week positively, buoyed by favorable domestic factors. HDFC Bank will pursue legal action against allegations from the LKMM Trust. Suzlon Energy's promoters are expected to sell a significant number of shares, while Tata Steel anticipates commencing its low-carbon project in the UK by 2025.
Sadhna Broadcast: Sebi bans actor Arshad Warsi, 58 others from markets for up to 5 yrs
Sebi has barred Arshad Warsi, Maria Goretti, and 57 entities from the securities market for 1-5 years due to misleading videos promoting Sadhna Broadcast shares. The regulator imposed fines and directed disgorgement of unlawful gains worth Rs 58.01 crore. The scheme involved inflating the stock price through collusive trading and promotional videos to lure investors before a coordinated sell-off.
Sebi confirms market ban on LS Industries, promoter, 4 others
Sebi has confirmed the ban on LS Industries, its promoter, and four others from the securities markets, extending the investigation deadline to November 15 due to alleged fraudulent activities and stock price manipulation.
Dixon Technologies shares in focus on JV with Signify to strengthen lighting business in India
Dixon Technologies shares: Dixon Technologies, a prominent name in India’s manufacturing sector, has formed a joint venture with Signify, a worldwide leader in lighting solutions. Both companies will hold an equal stake in the new venture, each owning 50% of the equity share capital.
Will Naukri founder fund Mumbai auto driver earning lakhs outside US consulate? Depends on SME listing, he quips
A Mumbai auto driver's ingenious bag storage service near the US Consulate, earning him substantial income, sparked debate after a LinkedIn post went viral. While celebrated for his street-smart entrepreneurship, Info Edge's Sanjeev Bikhchandani argued the business model isn't venture capital fundable due to scalability issues and low barriers to entry.
Why Sebi short-circuited Munna Bhai’s Circuit: Arshad Warsi, wife among 59 banned for role in YouTube stock manipulation scheme
SEBI on Thursday barred actor Arshad Warsi, his wife Maria Goretti, and 57 others from trading in securities for one to five years, alleging their involvement in a pump-and-dump scheme that misled retail investors into buying Sadhna Broadcast shares through manipulated online content and coordinated trading.
Explained: Why holding mutual fund units in demat form makes sense
Digitizing mutual fund investments through demat accounts enhances transparency, efficiency, and investor control. With seamless transactions, consolidated tracking, and added features like pledging and unified nomination, the system simplifies investing. NSDL highlights this as a transformative step in India’s financial evolution.
Shakti Pumps shares surge 5% on bagging Rs 114 cr work order from Maharashtra Energy Department Agency
Shakti Pumps (India) shares experienced a surge of 4.6% following the announcement of a significant order worth Rs 114.58 crore from the Maharashtra Energy Department Agency (MEDA). The order involves the supply and installation of 4,500 off-grid Solar Photovoltaic Water Pumping Systems under the PM-KUSUM scheme, to be completed within 90 days across Maharashtra.
Groww triples FY25 profit to Rs 1,819 crore; closes fresh funding at $7 billion valuation
Bengaluru-based fintech closes $200 million funding round led by Singapore’s GIC ahead of IPO. The fundraise also saw participation from existing investors like Iconiq Capital.
Best focused mutual funds to invest in June 2025
According to Sebi norms, focused equity mutual fund schemes must invest in a portfolio of maximum 30 stocks. These schemes have no other restrictions when it comes to investing- like flexi cap schemes they can invest in any market capitalisations and sectors. If that investment strategy appeals to you, you can get to know more about focused equity schemes.
Pine Labs set to file for up to Rs 6,000-crore IPO by month-end
Pine Labs is preparing to file its DRHP with SEBI by the end of June, aiming for an IPO later this year to raise Rs 5,000-6,000 crore. The IPO could value the company at $4-5 billion. The company has appointed Axis Capital, JP Morgan, Morgan Stanley, Citi and Jefferies as bankers to the issue.
Tata Elxsi shares turn ex-dividend tomorrow, last chance to buy for Rs 75 dividend benefit
Tata Elxsi shares will trade ex-dividend from June 11, 2025, with a final dividend of ₹75 per share; June 10 is the last day to buy shares and be eligible for the payout.
Trilegal boosts disputes arm with IndusLaw duo: Jajoo & Gandhi join with team
Amit Jajoo and Sushmita Gandhi, litigation and dispute resolution partners from IndusLaw, are set to join Trilegal along with their team of a dozen lawyers. This move strengthens Trilegal's dispute resolution practice, adding depth of expertise with experienced professionals. Trilegal is expanding its litigation capabilities amidst anticipated growth in dispute resolution work.
Pantomath Group asset management arm launches Rs 2,000-cr Bharat Bhoomi Fund
The Wealth Company Asset Management, part of Pantomath Group, plans to launch Bharat Bhoomi Fund. The fund will be worth Rs 2,000 crore. It will target the real estate sector. Rakesh Kumar and Bhavya Bagrecha will lead the fund. Peter Sharp joins as advisor. The fund will invest in data centers, warehousing, and residential projects.
Sebi unveils new rules to enhance oversight in equity derivatives market
SEBI is set to overhaul equity derivatives market regulations, introducing a delta-based open interest calculation to replace the notional value method. Position limits for single-stock derivatives will be linked to cash market liquidity to curb manipulation, especially during F&O ban periods.
Sacheerome’s IPO sizzles as GMP leaps to show 40% listing pop; Final day subscriptions top 60x
Sacheerome’s IPO saw strong investor demand, with a GMP surge indicating a likely 40% premium listing. Subscribed over 60 times, the Rs 61.62 crore issue will fund a new plant. The company reported robust FY25 financials and plans expansion in the fragrance and flavour market.
Hindustan Zinc shares soar 17% in 4 days, tracking silver’s surge to record highs
Hindustan Zinc shares surged 16.8% in four sessions, driven by a sharp rally in silver prices, which hit all-time highs on MCX. As the world’s third-largest silver producer, the company benefits from rising demand amid geopolitical tensions and dollar weakness.
Protean eGov Technologies shares surge 6% after Rs 100 crore order win
Protean eGov Technologies has secured a Rs 100 crore work order from the Bima Sugam India Federation to serve as the Technology Solution Provider for its unified digital insurance marketplace. The 72-month domestic contract involves end-to-end development, integration, and support of the platform, strengthening Protean’s position in India’s Digital Public Infrastructure (DPI) ecosystem.
IIM Ahmedabad employee fooled in Rs 50 lakh bogus SME IPO pitch via WhatsApp trading scam
An IIM-Ahmedabad manager was swindled out of nearly Rs 50 lakh in an elaborate online trading scam. Lured through a Facebook link to a WhatsApp group offering stock market tips, the victim invested in a bogus IPO scheme via a fraudulent mobile app.
RattanIndia Power shares skyrocket 35% in 2 days, firm issues clarification on sudden volume spike
RattanIndia Power shares: Despite the stock rally, fundamentals remain mixed. In Q4FY25, the company’s consolidated net profit dropped 99% year-on-year to Rs 126 crore from Rs 10,666 crore, while consolidated revenue rose 3% to Rs 1,029 crore from Rs 996 crore a year earlier.
Sebi bans former IndusInd executives over insider trading allegations
Sebi has barred former IndusInd Bank executives, including the CEO, from trading due to alleged insider trading. They are accused of trading on information about accounting discrepancies before public disclosure. The regulator impounded ₹19.8 crore, representing gains avoided by selling shares before the price drop following the disclosure of a ₹1,529 crore discrepancy.
IndusInd Bank shares in focus after Sebi bans former executives in insider trading case
IndusInd Bank shares come under the spotlight after Sebi barred five former senior executives, including ex-CEO Sumant Kathpalia, for alleged insider trading linked to undisclosed accounting discrepancies. Sebi has impounded nearly Rs 19.8 crore, citing trades made during possession of unpublished price-sensitive information before the bank publicly revealed a Rs 1,529 crore derivatives portfolio issue in March 2025.
United Spirits shares gain 3% on reports of potential RCB stake sale by parent Diageo
United Spirits shares: According to the report, Diageo is considering several options regarding its stake in the prominent cricket franchise, which it holds via United Spirits. The British liquor major is said to be in talks with advisers to assess the possibility of selling either a partial or complete stake in RCB.
NSE Sustainability launches ESG ratings for listed companies
NSE Sustainability Ratings and Analytics Ltd, an entity of the National Stock Exchange, on Friday announced the launch of its ESG ratings for listed companies.
Chennai-based Lalithaa Jewellery Mart files DRHP for Rs 1,700 crore IPO to fuel southern expansion
Lalithaa Jewellery Mart, a prominent South Indian jewellery retailer, has filed its DRHP with SEBI to raise Rs 1,700 crore through an IPO. The IPO includes a fresh issue and an offer-for-sale, with proceeds aimed at expanding its store network across India.
Who is Sasidhar Jagdishan, MD and CEO of HDFC Bank named in Lilavti Trust FIR?
HDFC Bank's MD and CEO, Sashidhar Jagdishan, faces allegations of financial fraud after an FIR was filed by the Lilavati Kirtilal Mehta Medical Trust, claiming his involvement in misappropriating funds. The Trust seeks his suspension and regulatory action, while HDFC Bank vehemently denies the charges, asserting they are baseless and linked to a loan recovery attempt.
Best large & mid cap funds to invest in June 2025
According to mutual fund advisors, large & mid cap mutual funds will evolve over a long period. There will be schemes that will be inclined towards large cap stocks and some schemes will be leaning toward mid cap stocks. This will make it easier for investors to choose the schemes based on their risk tolerance.
The Wealth Company aims to raise Rs 2,000 cr fund for realty, infra investments
The Wealth Company Asset Management, part of Pantomath Group, aims to raise over Rs 2,000 crore via its Bharat Bhoomi Fund, a Category II AIF targeting execution-ready real estate projects. The fund will invest across data centers, renewables, residential and retail segments, with a strong focus on India's infrastructure-led growth corridors.
Bank FDs lose edge as retail investors chase high-yield bonds
Mumbai's retail investors seek higher returns. They are investing in high-yield corporate bonds. RBI's rate cuts push them towards state-guaranteed papers and NBFC bonds. Online platforms like Indiabonds see increased activity. These bonds offer better returns than fixed deposits. Experts advise diversification across issuers and tenures. Investors should monitor company financials for risk management.
ITC and BSE among stocks that mutual fund bought and sold in May
In May, mutual funds invested heavily in Indian stocks, totaling Rs 56,300 crore, with significant additions in ITC, HDFC Bank, and Eternal. Conversely, they reduced holdings in Max Financial, Nykaa, and BSE. Large caps saw continued interest in Reliance Industries and HDFC Bank, while small caps favored Acutaas Chemicals and Belrise Industries.
HDFC Bank shares jump 1.5% to hit fresh 52-week high; here’s why
HDFC Bank shares surged to a 52-week high following the RBI's unexpected interest rate cut and CRR reduction. The Bank Nifty also hit a record high, with other bank stocks rising. While NIM concerns arose, the CRR cut is expected to inject liquidity and boost economic growth.
Cochin Shipyard shares slide 4% amid profit booking after 76% rally in a month. What should investors do?
Cochin Shipyard shares: The rally was driven in part by heightened investor interest in defence-sector stocks, with Cochin Shipyard emerging as a key gainer amid increasing optimism about India’s naval expansion. The stock saw a sharp rise in trading volumes and outperformed the broader market indices.
Cred raises fresh funds from GIC, others; valuation cut by 45% to $3.5 billion
The fintech major was valued at $6.4 billion in 2022 during its last major fund infusion. The current fund infusion is in the form of primary capital, which means that existing investors have not sold any shares in this round. The drop in valuation was in line with the company's plans to list in India over the next two years, people in the know said.
Lokpal gives clean chit to former Sebi Chief Madhabi Buch, calls complaints "politically motivated"
Lokpal has dismissed corruption complaints against former SEBI Chairperson Madhabi Puri Buch, citing a lack of evidence and deeming them politically motivated. The complaints stemmed from Buch's investment in Global Dynamic Opportunities Fund, linked to Adani Enterprises, while Adani was under SEBI scrutiny.
Aequs files confidential DRHP to raise Rs 1700 crore
Belagavi-based Aequs, a diversified contract manufacturer, has confidentially filed a draft RHP with SEBI to raise $200 million through an IPO. The IPO will include both fresh equity shares and an offer for sale by existing investors like Amicus Capital and Catamaran. Aequs operates manufacturing facilities in India, the US, and France, producing components for companies like Apple.
Insider Trading: Sebi says ex-CEO Sumant Kathpalia, others sold IndusInd Bank shares before derivative losses went public, bars them from trading
Sebi has issued an interim order against five senior executives of IndusInd Bank, including its former CEO, for alleged insider trading. These individuals are accused of selling shares while possessing unpublished price-sensitive information related to discrepancies in the bank's derivative portfolio.
Reliance sells 3.6% Asian Paints for $900 million to SBI MF
SBI Mutual Fund purchased a 3.6% stake in Asian Paints from Reliance Industries for Rs 7704 crore, marking one of India’s biggest bilateral block deals. Reliance monetized a 17-year-old investment, reaping a 23-fold return amid competitive industry pressures.
NFO Alert: Mirae Asset Mutual Fund launches funds focused on dynamic allocation and financial sector fixed income strategy
Mirae Asset Mutual Fund has launched two NFOs: a dynamic fund of funds blending arbitrage and debt strategies, and a passively managed debt index fund tracking AAA-rated financial services with 9–12-month maturity. Both target low-risk, tax-efficient returns, catering to evolving market and liquidity conditions with minimum investments starting at Rs 5,000.
Hyundai shares soar 7% to surpass IPO price, hit new all-time high amid high volumes
The surge in Hyundai Motor India could be attributed to multiple factors, including RBI’s repo rate cut, boosting auto demand, the company's gains in India’s electric vehicle market, and its investment in renewable energy. Hyundai's EV strategy and macroeconomic tailwinds are seen as key growth drivers.
IndusInd Bank shares rise 5% as RBI officials hope things will settle soon
IndusInd Bank shares: Governor Sanjay Malhotra emphasized that the central bank will fulfill its responsibilities if additional measures are required. The issue originated from a forensic audit by Grant Thornton, which identified irregularities in the bank’s accounting of specific internal currency derivative transactions over the last six years.
