*Financial News*
Source: Leading newspapers
Compiled by *RUDRA SHARES*
Vande Mataram
Friday, 06 March 2026
*Corporate & Industry*
• Paytm ahead on monetisation; diversified business model gives it edge: BofA
• Innovision sets IPO price band at ₹521–548 per share; issue to open on March 10
• BEL, Mazagon Dock, HAL and other defence shares rise
• Sedemac Mechatronics IPO subscribed 46% on Day 2
• Omnitech Engineering shares settle 10% lower on listing day
• MRPL shuts refinery units amid crude shortage from West Asia conflict
• Jack Daniel's maker Brown-Forman to launch more premium brands in India
• Motilal Oswal buys 1.65% stake in Zelio E-Mobility for ₹9.8 crore
• MakeMyTrip buys majority stake in Flamingo Transworld to boost packages
• Axis MF elevates R Sivakumar as its CIO; Ashish Gupta to step down
• TCS in advanced talks for more AI data centres in India as demand rises
• IBM opens first infrastructure innovation centre to boost India-led AI work
• Pharma exports may take up to $500 million hit as freight costs rise
• Adani Total Gas asks industrial users to limit consumption to 40%; warns of higher spot prices
• IndusInd Bank treasury head set to exit, sources say
*Automobile Sector*
• Strong demand and new launches drive double-digit growth in auto wholesales in February: Aditya Birla Capital
• Indian automakers delay Middle East shipments as Iran war snarls exports
• Automakers split over zero-emission vehicles classification
*FMCG Sector*
• FMCG firms’ Q3 sales hit as GST cuts force supply and pricing tweaks
*Economy & Policy*
• West Asia war and rising global yields stall India Inc’s overseas fundraising plans
• Every $10 per barrel rise in crude oil prices can shave about 0.5% off India's GDP growth: SMC's Bharti
• MoSPI to launch new surveys, boost high-frequency economic indicators: Saurabh Garg
• Centre may extend sector and sponsored schemes beyond April 1 amid ongoing review
• India sees record surge in new company and LLP registrations amid strong investor confidence
• Rising oil prices to hit profit margins of OMCs, pump up upstream companies
• RBI bond buys help steady yields, offset liquidity drain
• FIIs dump ₹17,000 crore in IT stocks in February amid AI concerns
*Global & Geopolitics*
• China in talks with Iran to allow safe oil and gas passage through Hormuz, sources say
• Pentagon labels AI company Anthropic a supply-chain risk with immediate effect
• Oil rally runs out of fuel after days of war-driven gains
• $2,000, missiles and mayhem: Indian exporters face a bitter homecoming
• US grants 30-day waiver to India for buying Russian oil amid Iran war
*Politics*
• Why is PM Modi silent on US strike on Iranian warship in Indian Ocean, asks Congress
• CEC Gyanesh Kumar to review Kerala Assembly election preparations in Kochi
• After Lalu Prasad and Ram Vilas Paswan, the last of JP-era trio steps aside
• CV Ananda Bose quits; Ravi becomes Governor of Bengal; Taranjit Sandhu named Delhi Lt Governor
• Bihar power reset: Caste math and BJP assertion to shape post-Nitish era