Good morning Vande mataram
Financial News Headlines compiled from Leading Financial News Papers- Rudra Shares
Date: Tuesday, 17 June 2025
Capital Markets / IPOs / Fundraising
* Oswal Pumps IPO fully subscribed on Day 2; NII and retail investors lead.
* Safe Enterprises Retail to raise ₹169.74 crore this week – year's biggest SME IPO.
* Biocon plans QIP to raise up to ₹4,500 crore; Kotak, Goldman Sachs, BofA likely to be investment banks.
* Vishal Mega Mart in focus as promoter plans ₹5,057 crore stake sale via block deal.
* Tanla Platforms board approves ₹175-crore share buyback at ₹875 per share.
Defence & Aerospace
* BDL, Mazagon Dock shares drop as high valuations weigh after a short-term rally.
Automobiles
* Passenger vehicle sales remain muted in May; Two-wheeler sales up 2.2% YoY.
* JLR (Tata Motors) cuts FY26 EBIT margin guidance to 5-7% amid higher EV investments and product transition.
Banking & Finance
* RBI approves 2-year term extension for ICICI Bank ED Sandeep Batra.
* RBI accepts ₹9,296 crore in switch auction.
* Banks may favor short-term G-Secs anticipating CRR cut in September.
* Kinara Capital seeks equity infusion to overcome financial challenges.
* Lenders approve INSCO's plan for Hindusthan Glass.
Investment & Asset Management
* AlphaGrep Securities gets in-principle nod from SEBI to sponsor mutual funds.
* FPIs push for extended license tenure and unified CAS (Common Account Statement).
Aviation
* IndiGo shares surge after promoter denies stake sale rumors.
* Air India faces ₹1,000 crore liability as legal claims rise post AI171 crash.
Real Estate & Infrastructure
* Godrej Properties and Arkade Developers shares rise following project announcements.
Pharmaceuticals & Chemicals
* Jefferies bullish on Navin Fluorine; expects ₹2,000 crore capex to drive EPS growth.
Energy & Utilities
* IGL shares gain amid reports of Delhi government revising EV transition timelines.
Media & Advertising
* Tata Play collaborates with ZEEL to roll out addressable ad tech.
Commodities & Trade
* Natural diamond exports may see recovery as China demand revives.
* India seeks tariff certainty in bilateral deal with the US to protect trade from potential Trump-era disruptions.
* Indian oil tankers strategize to avoid Gulf heat amid Iran-Israel tensions.
Jai Hind
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