Market News
Stay updated with the latest market trends, earnings, and economic indicators.
SBI Ventures to manage Rs 20,000 crore Maritime Fund
SBI Ventures has been appointed as the fund manager for the ₹20,000-crore Maritime Investment Fund. This initiative, backed by government equity, aims to attract private capital for the maritime sector's growth. The fund will operate as a trust and be registered with SEBI, focusing on a blended finance model to boost long-term, affordable capital availability.
Powergrid Infrastructure Investment Trust consolidated net profit declines 64.48% in the March 2026 quarter
Sales rise 0.02% to Rs 311.39 crore
IRB Infra Trust offers to sell two BOT highway assets worth Rs 4,663 crore to IRB InvIT Fund
IRB Infrastructure Trust has offered two of its revenue-generating highway assets, valued at approximately Rs 4,663 crore, to IRB InvIT Fund. The non-binding offer includes the Solapur Yedeshi NH211 and Chittorgarh Gulabpura NH79 BOT Assets, totaling 1,144 Lane km. This move aims to fund future opportunities and enhance IRB InvIT Fund's asset portfolio.
Jewellery brands rapidly expand footprint in leading malls
Jewellery stores are now major anchors in Indian malls, occupying nearly 10% of space. This trend is set to continue, reinforcing jewellery's status as a primary anchor. Unlike online sales, jewellery purchases remain experience-led and trust-driven. This shift is reshaping mall designs and consumer engagement strategies across metro and tier-2 cities.
Energy Infrastructure Trust consolidated net profit rises 52.53% in the March 2026 quarter
Sales rise 3.84% to Rs 1001.79 crore
National Highways Infra Trust consolidated net profit rises 45.58% in the March 2026 quarter
Sales rise 77.05% to Rs 1145.46 crore
The Investment Trust of India consolidated net profit rises 6.78% in the March 2026 quarter
Sales decline 43.48% to Rs 53.12 crore
National Highways Infra Trust standalone net profit rises 209.09% in the March 2026 quarter
Sales rise 60.50% to Rs 1235.60 crore
Rani Kapur moves Supreme Court over family trust-linked board meeting
The new application, reviewed by Mint, asked the court to restrain Kapur's widow, Priya Kapur, and other respondents from changing the management structure, appointing new directors, altering bank signatories, or taking financial decisions
Depositories can use part of IPF corpus income for trust costs
Sebi has proposed allowing depositories to use up to 5% of their investor protection fund (IPF) income for administrative and statutory expenses. This move aims to align IPF trust operations with existing stock exchange frameworks. The IPF corpus for NSDL and CDSL stood at ₹87.78 crore and ₹95.18 crore respectively as of March 31, 2026.
SBI chairman says rapid rise of AI-driven lending brings new vulnerabilities for banks
SBI Chairman CS Setty highlighted the dual nature of digital finance growth, noting both opportunities and vulnerabilities like cyber risks and algorithmic biases. He stressed that trust must be the foundation of India's expanding financial system, emphasizing that innovation should not compromise safety or inclusion.
SBI Chairman Warns Rapid Digital Finance Growth, Platform Lending Creating New Vulnerabilities
The SBI Chairman said maintaining public trust would remain critical.