*Financial News* 
Source: Leading newspapers
 *Compiled by RUDRA SHARES* 
Vande Mataram
Wednesday, 14 January 2026

 *Economy, Policy & Budget* 
• India’s economy is projected to grow 7.2% in FY26, according to the World Bank.
• Budget 2026 is expected to prioritise highway development, faster project clearances and a push for InvITs.
• Budget 2026 is unlikely to provide major tax relief; focus may shift towards asset monetisation and revival of credit growth, say market experts.
• Union Budget should move from recovery-led to productivity-led growth, according to Qode’s Gaurav Didwania.
• Miners may lose their leases if operations are not commenced within two years.
• A Rs 3.25 lakh crore Rafale fighter jet deal is set to be discussed in a key Defence Ministry meeting this week.

 *Banking, Financial Services & Insurance* 
• RBI plans to introduce new norms for licensing urban cooperative banks.
• RBI’s $10 billion forex swap auction received bids worth nearly three times the notified amount.
• Piramal Finance raised $350 million and is planning to raise an additional $150 million.
• GST gains and higher investment income supported ICICI Prudential Life’s performance.
• Standard Chartered Bank will not aggressively push standalone credit cards going forward.
• FII were net sellers of shares worth Rs 1,500 crore, while DII net buyers worth Rs 1,182 crore on January 13.

 *Automobile & Auto Ancillaries* 
• Tata Motors expects double-digit passenger vehicle sales growth in 2026, driven by strong SUV demand.
• A sharp rise in December sales helped passenger vehicle volumes touch a record high in 2025.
• Tata Motors is ramping up capacity amid strong demand for Sierra and Punch models.
• Ducati India plans to launch 10 new models in 2026, with prices to be announced soon.

 *Infrastructure, Cement & Industrials* 
• Cement companies are experiencing GST-led price reductions, which may impact Q3 profitability.
• L&T clarified that Kuwait’s reported cancellation of $8.7 billion tenders does not involve the company’s order book.

 *Telecom & Technology* 
• Trai has sought additional powers to prevent telecom companies from evading penalties.
• HCLTech expects mergers and acquisitions to contribute around 1.5% to its revenue growth, according to its CEO and MD.
• Polygon Labs plans to acquire two crypto firms in deals valued at over $250 million.

 *Start-ups, Internet & New-age Businesses* 
• Indofast Energy will install 23 battery swapping stations on Mumbai Metro Line 3.
• Blinkit has dropped its 10-minute delivery deadline.
• Flipkart, Fidelity and TPG-backed logistics platform Shadowfax will launch a Rs 1,907 crore IPO on January 20, with listing scheduled for January 28.

 *Capital Markets & Investments* 
• Amagi Media Labs’ IPO was subscribed 6% on the first day of bidding.
• Ixigo shares rose after JM Financial upgraded the stock, citing an overdone correction.
• Old Bridge Focused Fund, led by Kenneth Andrade, exited Infosys and increased exposure to capital expenditure and healthcare stocks.
• Bharat Coking Coal’s IPO was subscribed 147 times, attracting bids worth Rs 1.17 lakh crore, making it the first Indian IPO of 2026.
• RedTape shares ended higher following reports that founders are exploring a stake sale and engaging with Blackstone and KKR.
• Reliance Industries allotted a stake in RCPL to 13 key investors.
• CCI approved ChrysCapital’s proposal to acquire a stake in Nash Industries.
• Cipla shares declined after Citi said a US FDA approval for generic Advair could benefit Aurobindo Pharma.
• Raamdeo Agrawal stated that political developments in the US do not impact his long-term investing cycle.

Jai Hind
Rudra Hai to Mudra Hai
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