*Financial News*
Source: Leading newspapers
Compiled by: RUDRA SHARES
Vande Mataram
Saturday, 17 January 2026

*Banking, NBFCs & Financial Services*
• NCLT approves Poonawalla Finance demerger splitting lending, real estate business
• Urge SEBI to help unlock value of gold, 125% of GDP will be monetised: Kotak AMC's Nilesh Shah
• Groww AMC's valuation surges 14x in under three years as US firm to pick 23% stake for Rs 580 crore
• HDFC ERGO MD & CEO Anuj Tyagi resigns, board begins succession process
• 360 ONE Asset to invest nearly $70 million in Iscon Balaji Foods

*Capital Markets & Regulation*
• SEBI notifies revamp of mutual fund regulation; to come into effect from April 1
• Stock markets open on Sunday for Budget 2026: BSE, NSE say it'll be a regular trading session on February 1
• SEBI rolls out SWAGAT–FI framework to ease entry for foreign investors
• FIIs net sell shares worth Rs 4346 crore, DIIs net buy Rs 3935 crore on January 16
• Tiger Global ruling may affect more than 500 foreign funds in India’s F&O market

*Primary Markets / IPOs*
• Amagi Media Labs IPO closes with 30x subscription on Day 3, NII portion booked 37x
• Shadowfax IPO GMP rises to over 12% ahead of issue opening next week
• Upcoming IPOs: Gaudium IVF, Runwal Developers, Augmont Enterprises among 7 companies receive green signal from SEBI to float IPOs
• General Atlantic-backed ASG Eye Hospital appoints bankers for Rs 3,900-crore IPO

*Oil, Gas & Energy*
• Reliance says 'nyet' to Russian oil as other Indian buyers line up
• Reliance commissions solar cells, scales batteries; eyes green fuel exports to Japan, Korea, Europe
• L&T Onshore wins major LNG, ethane storage project from Petronet LNG

*Corporate & Business Updates*
• Grasim appoints Sachin Sahay as CEO of Birla Opus Paints
• Reliance Industries Q3 performance shows consistent operational resilience across businesses
• Coca-Cola evaluating acquisition opportunities in India, says CFO
• Smartworks eyes 35% annual revenue growth by FY30, plans new-city entry
• Ola Electric secures BIS nod for India's first home battery system
• LTIMindtree wins ₹3,000 crore CBDT deal for AI-led tax analytics platform
• Wipro slashes FY26 fresher hiring target to 7,500-8,000 amid muted Q3 show
• FDA observation to hit Lanreotide supply; Cipla may face earnings risk
• Steel companies' profits may dip despite volumes as prices stay weak
• Bharat Coking Coal shares to list on Monday; analysts advise booking partial profits

**Defence & Aerospace**
• Defence Procurement Board clears proposal to buy 114 Rafale fighter jets
• Bharat Forge signs ₹300 cr contract under EP-VI norms for army, navy

*Economy, Trade & Policy*
• Two factors to drive equities this year; Budget focus on consumption, capex: Ashwini Shami
• India-EU trade pact will be 'the mother of all deals', says Piyush Goyal

Jai Hind
Rudra Hai to Mudra Hai
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