Latest Stock Market News

The RBI has significantly eased FEMA regulations by capping penalty amounts for violations at Rs 2 lakh, a substantial reduction from the previous system of penalties based on a percentage of the violation amount. This change impacts various contraventions, including LRS proceeds, export timelines, and gifting of high-value shares.

Prestige Hospitality Ventures plans to launch an IPO. The company aims to raise Rs 2,700 crore. It filed documents with SEBI. The IPO includes fresh equity and an offer for sale. Funds will support new assets and debt reduction. Prestige seeks to expand its hospitality portfolio. The company currently operates seven hotels.

The Spandana board on Wednesday appointed chief financial officer Ashish Kumar Damani as the interim chief executive of the company. Saxena will continue to assist the company for the next three months to ensure a smooth transition.

The National Company Law Tribunal (NCLT) has approved the sale of 18 commercial units at Kohinoor Square in Mumbai to the Gajra Brothers and associated parties for approximately ₹315 crore. This sale, involving IL&FS Transportation Networks (ITNL) and IL&FS Financial Services (IFIN), is part of the IL&FS resolution framework.

Following the tragic terror attack in Pahalgam, Jammu and Kashmir, where 26 people lost their lives, LIC has announced relief measures for the affected families. The insurer will accept government records or proof of compensation as death certificates to expedite claims. Various state governments have also declared ex-gratia payments to the victims families.

Geopolitical risks, the US Dollar s volatility, cloud over US government bonds have all contributed to bigger gold purchases, as many central banks looked to contain risks.

Amazon had raised concerns with Sebi regarding a scheme of arrangement between Future group and Mukesh Dhirubhai Ambani group. On October 5,2020, Amazon had initiated arbitration proceeding against Future Groups before SIAC.

Net interest income, the difference between interest earned and paid, was ₹13,811 crore at the end of the March 2025 quarter, a growth of 6%. Net interest margin slipped to 3.97% for the quarter versus 4.06% in the year-ago quarter.

The banking industry faces varied challenges across different sectors, with some businesses thriving, while others are under pressure. The bank continues to heavily invest in certain areas, and depending on individual performance, exits are sometimes inevitable. This is a regular part of our annual cycle

Analysts predict significant upside for select stocks, with potential returns ranging from 13% to 43%. Divi s Laboratories is poised to benefit from its involvement in diabetes and weight loss drugs. Devyani International s acquisition of Sky Gate Hospitality is expected to boost its QSR business, while Anant Raj s data center plans drive its growth despite revised timelines.