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Sebi bars Chairman Mehta from trading in Rajesh Exports shares
Securities and Exchange Board of India has barred Rajesh Mehta, chairman of Rajesh Exports, from trading company shares. A forensic probe uncovered alleged revenue inflation and fund diversion over four years. The regulator found the company presented a misleading financial picture. Sebi has ordered a fresh audit and referred auditors' conduct for action.
Rajesh Exports: Sebi finds 97-99% revenue inflation, bars promoter from trading
Rajesh Exports and promoter Rajesh Mehta face regulatory action after Sebi alleged large-scale financial misrepresentation and possible revenue inflation of 97-99%. The regulator has barred Mehta from trading in company securities and ordered a fresh forensic audit.
RIR Power Electronics slides as CFO Ramesh Trasi resigns
RIR Power Electronics fell 1.02% to Rs 172.25 after the company announced that Ramesh Gopal Trasi has resigned from the position of Chief Financial Officer (CFO) with effect from 2 June 2026.
Explained - The key trigger behind Borosil Renewables share price surge on Wednesday
In an interaction with CNBC-TV18 in May, the company's Executive Chairman Pradeep Kumar Kherurka said that they are targeting a 60% jump in installed capacity by financial year 2028.
FPSB India names Ramesh Vishwanathan CEO to drive growth of financial planning profession
FPSB India has appointed Ramesh Vishwanathan as its new Chief Executive Officer. Vishwanathan brings over 25 years of leadership experience in financial services. He will focus on strategic direction and growth for the financial planning profession in India. This appointment comes as India sees significant growth in CFP professionals, highlighting increasing demand for financial advisors.
BFSI firms set to see AI-led decision making & real-time fraud detection
Indian banks and financial firms are increasingly using AI for critical tasks like fraud prevention and decision-making. While early adopters are seeing success, many companies still face hurdles in infrastructure and governance. AI is now integral to core operations, not just customer service. Future plans focus on boosting productivity and customer growth through AI.
Semiconductor plant in Assam likely to start production this fiscal, Union Minister Ashwini Vaishnaw says
Production at the Jagiroad semiconductor plant in Assam is set to begin this financial year. Union Minister of I&B and Electronics and IT, Ashwini Vaishnaw, confirmed the timeline after meeting with Assam Chief Minister Himanta Biswa Sarma. The facility, a Tata Semiconductor Assembly and Test Pvt Ltd project, will produce millions of chips daily.
Penny stock to be in focus on Monday; here's why
Zee Media Corporation reported a significant financial turnaround for Q4 FY26, with a reduced net loss of ₹14.32 crore, down from ₹22.68 crore. The company returned to profitability for the full year, posting a net profit of ₹16.93 crore, aided by improved revenue and cost management.
RBI continues to focus on further developing and deepening financial markets by boosting the role of INR as a cross-border medium of exchange
As per RBI annual report, during 2025-26, the Reserve Bank continued to focus on further developing and deepening financial markets through several initiatives, including rationalising external sector regulations for increased ease of doing business and encouraging the adoption of INR for cross border transactions. Going forward, the liquidity operations would continue to be in sync with the stance of monetary policy, while the foreign exchange operations would be principle-based, guided by the objective of ensuring orderly movements in the exchange rate of the INR. On cross border payments, the Reserve Bank signed memorandum of understanding (MoU) on digital asset collaboration with the Monetary Authority of Singapore (MAS). Bilateral discussions with MAS and the Central Bank of the UAE (CBUAE) were held for operationalising a cross-border CBDC pilot. The Reserve Bank also joined multilateral BIS-Innovation Hub-led initiatives, viz., Project Rialto, and Phase 2 of Project Mandala, ..
PC Jeweller shares soar 14% on Q4 PAT jumps 58% YoY, strong management commentary
Shares of PC Jeweller surged 14% after the company reported a 58% year-on-year rise in Q4 net profit to Rs 150 crore. Strong consumer demand and steady sales momentum boosted performance, with quarterly revenue climbing 33% to Rs 927 crore. For FY26, revenue jumped 49% to Rs 3,353 crore compared with the previous financial year.
Singer India publishes audited financial results for FY26 - scanx.trade
Singer India publishes audited financial results for FY26scanx.trade
Multibagger HBL Engineering stock to be in focus on Friday after ₹1,714 crore Kavach order win
HBL Engineering's shares are expected to gain investor interest after securing a ₹1,714 crore order from Chittaranjan Locomotive Works for Kavach equipment. The contract is to be completed within 12 months, following strong financial results and previous order wins in the Kavach sector.