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SIF AUM jumps 29% to Rs 17,858 crore in June; inflows surge 171% MoM
Specialised Investment Funds saw assets grow significantly in June 2026. Total inflows into these funds also experienced a substantial increase. Hybrid Long-Short Funds continued their dominance within the SIF segment. The broader mutual fund industry also reported healthy investor participation during the month. SIP contributions reached a record high, indicating sustained retail interest.
From hypertension to diabetes, National Pharmaceutical Pricing Authority caps retail price of 39 medicines
NPPA capped retail prices of 39 medicines, including those for hypertension, diabetes, and heart disease. This follows a similar move in May for 42 drug formulations.
Markets Espresso: The Burden of Expectations and Salaam Retail!
One line from US President Donald Trump derailed an entire market recovery. Stocks that fell to the burden of Expectations.Respect to the one that stands tall on every good, bad, and ugly day!Unpack all of this in our latest Markets Espresso!
iPhone 17 models fly off shelves on price hike fears: Online discounts on limited stocks of base model also lead to sharp rise in purchases
iPhone 17 models are experiencing shortages across retail and online platforms. This surge is driven by expectations of price increases and reduced supply. Retailers are actively informing consumers about potential upcoming price hikes. Market trackers note increased demand for iPhone 17 models in the current quarter. Apple has recently increased prices on other product lines.
Kotak Mahindra Bank to pursue acquisitions alongside organic growth
Kotak Mahindra Bank plans to pursue acquisitions and organic growth. The bank recently acquired Deutsche Bank's retail portfolio in India. This move aims to enhance scale and customer reach for the bank. Kotak Mahindra Bank will also tap into India's economic expansion opportunities. A strong balance sheet and leadership talent support future growth strategies.
Kotak Mahindra Bank to pursue acquisitions alongside organic growth
Kotak Mahindra Bank plans to pursue acquisitions and organic growth. The bank recently acquired Deutsche Bank's retail portfolio in India. This move aims to enhance scale and customer reach for the bank. Kotak Mahindra Bank will also tap into India's economic expansion opportunities. A strong balance sheet and leadership talent support future growth strategies.
Tonbo Imaging, Zetwerk, 2 others get Sebi approval to float IPOs
The market regulator approved four IPO proposals, paving the way for companies in defence, retail, manufacturing and metals to tap the public markets
L&T Finance Q1 Results: Profit Surges 29% To Record High On Solid Retail Book Growth
L&T Finance Q1
L&T Finance Q1 profit rises 29% to record high on strong retail book growth
L&T Finance reported its highest-ever quarterly profit in the June quarter, driven by robust retail loan growth, higher disbursements and improved asset quality, while the lender continued to accelerate its transition into an AI-native financial institution.
Life insurance new business premiums rise 16.6% in Q1 on private insurers' growth: Report
India's life insurance sector began FY27 with robust new business premiums, growing 16.6 percent. Private insurers significantly outpaced the market, increasing their share to nearly forty percent. This growth stemmed from steady retail product demand and a recovery in group business. Monthly premiums also saw a thirteen percent rise in June, reversing last year's contraction.
Freight woes threaten fresh supply crunch in Manipur as transporters stay away
Transport operators are avoiding Manipur due to high costs and long travel times. Essential goods face shortages as highway conditions worsen significantly. Freight charges have increased substantially, impacting commodity prices. Retail prices for onions, potatoes, and edible oil have risen sharply. Further disruptions risk shortages, especially during the monsoon season.
Aukera raises ₹90 crore debt funding to expand lab-grown diamond jewellery business
In a significant move, lab-grown diamond brand Aukera raised ₹90 crore in debt financing, spearheaded by Alteria Capital. This influx of capital is earmarked for enhancing retail presence and advancing product innovation. Aukera's strategy includes opening additional outlets in both familiar and new cities, as the company targets the upscale segment of the booming market, ensuring a robust balance sheet for upcoming industry shifts.