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Adani Group to invest Rs 90,000-Rs 1 lakh crore across airports in next 5 years as Mundra commercial operations take off
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ET Markets - Industry 18d ago

Adani Group to invest Rs 90,000-Rs 1 lakh crore across airports in next 5 years as Mundra commercial operations take off

Adani Group plans a massive Rs 90,000-1 lakh crore investment in its airports over five years, Jeet Adani revealed. The group will aggressively bid for 11 new airports as the government opens private bidding. This expansion aims to significantly boost India's aviation economy. The launch of commercial flights from Mundra airport, connecting to Mumbai and Goa, marks a key step in transforming the region into a logistics hub.

ADANIENTBFINVESTSJLOGISTICTAKEFinancial ServicesHealthcare
NEWS
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Business Standard - Markets 18d ago

RBI Governor urges banks to treat MSMEs as long-term business partners

Reserve Bank Governor Sanjay Malhotra on Monday asked banks and lending institutions to internalise a fundamental reorientation in their approach towards MSMEs, and view them as long-term business partners rather than just a regulatory obligation. He said MSMEs collectively contribute 31 per cent of GDP, account for approximately 35 per cent of manufacturing output, and represent close to half of India's merchandise exports, while sustaining livelihoods for over 32 crore people. He also asked MSMEs to take ownership of growth by investing in technology, R&D and innovation as consumer preferences and expectations evolve, engage actively with RBI through their instruments and build and sustain relationships with your stakeholders creditors, suppliers and customers.

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Who is Miten Sampat? Meet CRED's interim CEO as Kunal Shah joins META
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LiveMint - Companies 19d ago

Who is Miten Sampat? Meet CRED's interim CEO as Kunal Shah joins META

While Kunal Shah will join Meta full-time, stepping away from CRED, Miten Sampat will take over as interim CEO of the Indian fintech startup.

POLICYBZRSHAHTAKECapital GoodsFinancial Services
NHB probing Aavas Financiers over loan classification lapses
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ET Markets - Industry 20d ago

NHB probing Aavas Financiers over loan classification lapses

The sector regulator has recalled refinancing support worth nearly Rs 500 crore —a punitive action that has set off a sweeping leadership overhaul at the company. ET was the first to report on April 13 that managing director and CEO Sachinder Bhinder was being asked to step down, with Manu Singh — former home loans head at Kotak Mahindra Bank — set to take over. A week later, on April 20, the company confirmed Bhinder's resignation and Singh's appointment as the new CEO.

AAVASALPHABANKINDIABANKNIFTY1CHEMICALHOMEFIRSTIDFCFIRSTBKOTAKBANKLIQUID1MID150M&MMNCMOMENTUM30MSCIINDIANEXT50ETFNIFTY100EWPSUBANKQUALITY30SILVER1TAKEAutomobile and Auto ComponentsFinancial Services
NHB probing Aavas Financiers over loan classification lapses
negative
ET Markets - Stocks 20d ago

NHB probing Aavas Financiers over loan classification lapses

The sector regulator has recalled refinancing support worth nearly Rs 500 crore —a punitive action that has set off a sweeping leadership overhaul at the company. ET was the first to report on April 13 that managing director and CEO Sachinder Bhinder was being asked to step down, with Manu Singh — former home loans head at Kotak Mahindra Bank — set to take over. A week later, on April 20, the company confirmed Bhinder's resignation and Singh's appointment as the new CEO.

AAVASALPHABANKINDIABANKNIFTY1CHEMICALHOMEFIRSTIDFCFIRSTBKOTAKBANKLIQUID1MID150M&MMNCMOMENTUM30MSCIINDIANEXT50ETFNIFTY100EWPSUBANKQUALITY30SILVER1TAKEAutomobile and Auto ComponentsFinancial Services
SEBI brings back stock market route for company share buybacks from August 2026
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CNBC TV18 - Markets 22d ago

SEBI brings back stock market route for company share buybacks from August 2026

Companies will once again be able to buy back their shares directly from the stock market after SEBI approved the reintroduction of the open-market buyback mechanism. The revised framework will take effect from August 1, 2026, with buybacks allowed over a maximum period of 60 days.

ARSSBLROUTETAKEFinancial ServicesHealthcare
RIL aims to generate 40 billion units of green energy every year, Anant Ambani says at AGM
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CNBC TV18 - Markets 22d ago

RIL aims to generate 40 billion units of green energy every year, Anant Ambani says at AGM

Reliance Industries Ltd. (RIL) executive director Anant Ambani, at the 49th AGM, announced a slew of measures the conglomerate is set to take this fiscal onwards, focusing on building the world's first fully soverign clean energy ecosystem.

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NSE IPO: Here's how much early backers of the exchange could garner on selling shares
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CNBC TV18 - Markets 22d ago

NSE IPO: Here's how much early backers of the exchange could garner on selling shares

If NSE is valued between ₹1,800 and ₹2,200 per share, several institutional investors could be sitting on substantial gains. Take a look at the value of their holdings and the cash they could realise through stake sales.

TAKEVALUEFinancial ServicesHealthcare
Hindalco appoints Kapil Agrawal as CEO (Designate) for copper business; Rohit Pathak to move to new role
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CNBC TV18 - Markets 23d ago

Hindalco appoints Kapil Agrawal as CEO (Designate) for copper business; Rohit Pathak to move to new role

Hindalco Industries has appointed Kapil Agrawal as CEO (Designate) – Copper with effect from November 1, 2026. He will take over as CEO of the Copper business from March 1, 2027, succeeding Rohit Pathak, who will transition to a new role within the Aditya Birla Group.

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Bata India appoints Sanjay Rao as MD & CEO
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ET Markets - Industry 23d ago

Bata India appoints Sanjay Rao as MD & CEO

Bata India has announced Sanjay Rao will take over as Managing Director and Chief Executive Officer effective on August 24, 2026. He replaces Gunjan Shah. Rao brings over two decades of retail and consumer leadership experience from international markets. Bata Group sees India as a key growth market. Rao's appointment aims to drive consumer relevance and product strength for Bata India.

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India may take a leaf from China's book for oil pool
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ET Markets - Industry 24d ago

India may take a leaf from China's book for oil pool

India may adopt a China-like strategy for its oil reserves. Refiners could be required to hold significantly more crude oil. This move aims to protect the nation from future supply shocks. The proposal is in its early stages. Refiners might face substantial costs for storage and oil purchases. This policy could bolster India's energy security.

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Oil prices to ease after US-Iran deal, but return to pre-war levels could take months: Analysts
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ET Markets - Industry 25d ago

Oil prices to ease after US-Iran deal, but return to pre-war levels could take months: Analysts

Energy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening of the Strait of Hormuz are key factors. However, analysts warn of continued volatility due to supply disruptions and low inventories. India's energy security and import costs are expected to improve. Full market normalisation may take months.

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