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Rupee rout grounds IndiGo, airline slips to FY26 loss
IndiGo swung to a ₹2,393.6 crore loss in FY26, its first since FY23, as an 11% rupee depreciation inflated dollar-denominated lease costs. Weak demand, falling…
Asian Paints flags West Asia war as demand risk despite strong FY26 earnings
Asian Paints posted revenue and profit ahead of Street estimates in FY26, driven by cost efficiencies and price hikes. But the West Asia war, sticky…
Supreme Court provides relief to Reliance in 2007 securities market fraud case
Reliance Industries Ltd received relief from India's Supreme Court. The court overturned a lower court ruling and a 2020 order by the markets regulator. This…
EU's six biggest economies agree on capital markets supervision
Europe's six largest economies have agreed to back more centralized supervision of capital markets. This move is crucial for integrating Europe's financial markets. The goal…
Wall St regulator proposes to scrap Biden-era climate rule
The U.S. Securities and Exchange Commission is proposing to remove rules requiring companies to disclose climate-related risks and spending. These regulations, adopted in 2024, faced…
PB Fintech sees Rs 665 crore block deal as founders pare stake; Goldman among other top funds buy
PB Fintech founders Yashish Dahiya and Alok Bansal sold 38 lakh shares worth Rs 665 crore in a block deal. The shares were purchased by…
Sebi slaps ₹29 crore penalties on Suzlon Energy, former executives for financial misrepresentation
Sebi said Suzlon structured transactions between its subsidiaries in a manner that artificially inflated profits, net worth and investor perception, even though the dealings lacked…
Danish pension fund excludes SpaceX citing governance and valuation
Danish pension fund Akademikerpension has excluded SpaceX from its investments. The fund cited concerns over the company's governance structure and its high valuation. Akademikerpension believes…
Sebi fines Suzlon Energy Rs 29 crore for misleading financial statements; promoters, executives also penalised
SEBI has fined Suzlon Energy Rs 29 crore and several former executives for misrepresenting financial statements, inflating profits via circular transactions, and failing to disclose…
Premium for near-term LME aluminium at 19-year high as Iran war tightens supply
The war has curtailed most shipping through the Strait of Hormuz, a key route for Gulf producers to export aluminium and import raw materials. Two…
Fed's Bowman says extended energy shock could drive shift in policy outlook
She said she was "optimistic" that once the war is over, supply disruptions will end and there will be a "temporary" impact on inflation and…
