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Fino Payments Bank shares plummet as much as 14% after CEO's arrest
Fino Payments Bank shares tumbled after its MD and CEO, Rishi Gupta, was arrested under GST law. The bank clarified the arrest relates to business partners and not its own compliance, with the CFO taking over operations. This comes after RBI approved Gupta's reappointment and the bank's conversion to a small finance bank.
Fino Payments Bank CEO Arrested: FM Sitharaman to 'check' GST evasion case
Finance Minister Nirmala Sitharaman will investigate the arrest of Fino Payment Bank CEO Rishi Gupta. Gupta was apprehended by GST authorities in Hyderabad. The bank stated the probe concerns a business partner's transactions, not the bank's compliance. Social media questioned the extent of GST powers. The Finance Minister acknowledged the issue and promised to look into it.
Shriram Pistons raises Rs 1,000 crore for Antolin buy
Shriram Pistons and Rings raised Rs 1,000 crore via 18- and 24-month NCDs from mutual funds to partly finance its Rs 1,670-crore acquisition of Grupo Antolin’s India entities. The deal diversifies SPRL into automotive interiors, reducing EV transition risks and strengthening its business profile.
Cargill India to set up second dairy feed plant in Punjab
Animal nutrition contributes 15-20% of the overall Cargill’s India business. India’s animal nutrition market is around 20 million tonnes and will continue to grow 6-8% over the next five years.
Vedanta’s race against time to stabilize oil and gas output ahead of its mega demerger
Vedanta is focused on boosting its oil and gas output ahead of its upcoming demerger into five independent companies. The business has faced declining production levels, prompting investments and strategies to stabilize output before it operates independently as Vedanta Oil & Gas Ltd.
Taking Stock: Nifty, Sensex extend losses for second day as oil surges; rupee falls
More than 360 stocks touched their 52-week low, including Hexaware Technologies, Jubilant Foodworks, Five-Star Business, C E Info Systems, Varun Beverages, Jyothy Labs, Tata Motors Passenger Vehicles, ITC Hotels, Lemon Tree, Trent, KPIT Technologies, Jyoti CNC Auto, Swiggy, Colgate Palmolive, Cera Sanitary, Aegis Logistics, IRCTC, among others.
Borosil Renewables shares surge nearly 9% as govt extends CVD on solar glass imports
The rally came after the Finance Ministry announced a five-year extension of countervailing duties on imports of textured tempered glass, commonly known as solar glass, from Malaysia
Buy Five Star Business Finance; target of Rs 600: Motilal Oswal
Motilal Oswal recommended is bullish on Five Star Business Finance recommended buy rating on the stock with a target price of Rs 600 in its research report dated Jun 22, 2026.
Buy Five Star Business Finance; target of Rs 600: Motilal Oswal
Motilal Oswal is bullish on Five Star Business Finance has recommended buy rating on the stock with a target price of Rs 600 in its research report dated April 29, 2026.