Adcounty Media India IPO to list on Friday. GMP signals strong debut
Adcounty Media India is set to debut on the Bombay Stock Exchange SME platform. This follows a successful Initial Public Offering of Rs 50.69 crore. The IPO saw strong investor interest. Grey market premium indicates a potential 47% upside on listing. The company plans to use IPO proceeds for capital expenditure and acquisitions.
RBI holds steady on gold purchases amid price forecast and geopolitical tensions
The Reserve Bank of India has paused its gold purchases in FY26, anticipating a price decline due to easing geopolitical tensions and potential US Federal Reserve rate cuts. Despite a global trend among central banks to increase gold reserves, driven by its safe-haven status and diversification benefits, the RBI seems to be waiting for a […]
Sebi bars Jane Street from accessing its securities market: Reports
The Securities and Exchange Board of India (SEBI) has prohibited Jane Street Group from accessing India’s securities market following allegations of market manipulation. SEBI’s order restricts the firm from trading securities directly or indirectly. Banks are instructed to freeze debits from Jane Street’s accounts without SEBI’s approval, amidst an investigation into the firm’s derivatives trades.
Fresh loan spreads widen in May as banks look to save on margins
In May 2025, Indian banks increased their fresh loan spreads, reflecting a focus on margin protection amidst RBI rate cuts. Private sector banks saw a more significant rise in spreads compared to public sector banks.
JSW Group secures Rs 9,300-crore financing for Akzo Nobel acquisition
JSW Group has secured ₹9,300 crore to acquire Akzo Nobel India. The funding includes debt and convertibles. Foreign lenders and domestic mutual funds are participating. JSW Paints will raise operating company debt. Convertibles are at the JSW Group level. Sajjan Jindal Family Trust sold a stake in JSW Infrastructure. The deal aims to make JSW […]
GVK Power lenders to restart IBC process
Lenders for the debt-ridden GVK Power and Infrastructure are initiating a second insolvency process, opting to sell individual assets like land parcels, power units, roads, and the Mumbai airport stake. This strategic shift aims to attract specific bidders and maximize asset value, following a previous unsuccessful attempt due to non-compliant resolution plans.
Realty rally may have peaked, go for stock-specific bets: Analysts
The real estate sector faces challenges as the Nifty Realty index underperforms the benchmark Nifty in 2025. FY25 witnessed a volume decline despite value growth, impacted by election-related project delays and launch drops, particularly in Hyderabad and Mumbai. While valuations remain high, analysts anticipate potential improvements in FY26 with resolved supply issues and expected lower […]
India growth prospects robust, justify high valuation: BlackRock Research
BlackRock research suggests India’s equity risk premium is near its historical average, indicating valuations are justified by strong growth prospects. Despite elevated equity valuations, stable policies and rising domestic demand continue to attract investors. The institute favors India among emerging markets, citing compelling opportunities driven by mega forces.
RBI to conduct Rs 1 lakh cr VRRR auction to absorb surplus liquidity
The Reserve Bank of India will conduct a 7-day variable rate reverse repo (VRRR) for ₹1 lakh crore on July 4 to absorb surplus liquidity, which surged to ₹3.75 lakh crore. Government spending and previous liquidity measures have contributed to this surplus.