Market News
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Landing, parking charges waiver at major airports for airlines unlikely to continue
The Airports Economic Regulatory Authority is unlikely to extend the waiver. This waiver reduced landing and parking charges for domestic flights by twenty-five percent. The three-month reduction was implemented in April due to airline financial challenges. Airport operators have not received any extension orders for the reduced charges. The waiver has now lapsed as no new directive has been issued.
FIIs turn net buyers in 2nd half of June; favour financials, construction
Foreign institutional investors invested Rs 14,109 crore in Indian equities in the second half of June, with financial services leading inflows as selling pressure moderated in FMCG and IT
Future skills for kids: Why AI, financial literacy and communication are becoming essential for students
The world children are growing up in is changing at an unprecedented pace. New technologies are transforming the way people learn, work, and solve problems. Careers are evolving faster than ever, and the skills needed to succeed are expanding well beyond traditional academics.
Reliance Industries gets Sebi warning over employee trades during UPSI period
Sebi issued an administrative warning to Reliance Industries after finding two employees and a relative traded while possessing unpublished price-sensitive information. The regulator flagged compliance lapses, but imposed no financial or operational restrictions, with Reliance promising corrective measures to strengthen monitoring.
Jindal Stainless appoints former Adani Energy executive Kunjal Mehta as CFO
Jindal Stainless, India's leading stainless steel maker, has appointed Kunjal Mehta, formerly of Adani Energy Solutions, as its new Chief Financial Officer, effective June 25. Mehta, a seasoned finance professional with extensive experience in corporate finance and value creation, is expected to bolster the company's financial strength and growth. Jindal Stainless is currently expanding its production capacity and global reach.
Asian Paints declares board meeting date to announce Q1 results 2026
Asian Paints Ltd. 's board of directors will meet on July 29, 2026, to review and approve the audited financial results for the quarter ended 30 June 2026.
Gene therapy firm Immuneel ties up with Arogya Finance to offer Rs 25 lakh zero-cost EMI for cancer treatment
Immuneel Therapeutics collaborates with Arogya Finance to unveil a zero-cost EMI scheme for advanced cancer treatments, providing support of up to Rs 25 lakh. This effort is a segment of Immuneel's Saksham Patient Access Program, letting eligible patients benefit from interest-free installments for as long as 12 months, thereby reducing financial pressures and facilitating prompt access to essential therapies for those in need.
LIC highlights stronger profitability, higher margins and digital push ahead of investor meetings
India's Life Insurance Corporation (LIC) has reported robust financial performance, with net profit soaring to $6.07 billion and margins improving significantly to 21.2%. The state-owned giant continues its market dominance, holding a 56.7% share in new business premiums. A strategic shift towards higher-margin non-participating products is driving this growth, alongside a strong focus on digital transformation and expanding its vast distribution network.
FIIs bet on midcaps: 10 stocks that surged up to 70% in just 3 months
Several midcap stocks delivered strong gains after FIIs increased their holdings in the March 2026 quarter. Relaxo Footwears, BHEL, Motilal Oswal Financial Services and Bank of Maharashtra were among the top performers, reflecting sustained foreign investor interest despite broader market volatility.
NSE IPO Roadshows Said To Begin July 17 Ahead Of Planned September Listing
Investor meetings are scheduled across key global financial centres as India's largest stock exchange prepares for its proposed public listing, sources say.
Muthoot Finance Ltd soars 1.8%, up for third straight session
Muthoot Finance Ltd is quoting at Rs 3110, up 1.8% on the day as on 12:49 IST on the NSE. The stock is up 16.89% in last one year as compared to a 4.02% fall in NIFTY and a 0.71% fall in the Nifty Financial Services index.
Suzuki Motor arm Next Bharat Ventures launches ₹2,000 crore second impact fund to back rural entrepreneurs
Next Bharat Venture’s second fund will focus on agriculture, financial inclusion, healthcare, and AI for social good among others.