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Morning news

24/05/2025

Good morning 
News Headline from Leading Financial News Papers,  Compiled by *Rudra Shares* 
Saturday, 24 May 2025


• Belrise Industries IPO subscribed 41x on Day 3, QIB portion booked 108x

• Paras Defence shares rise after firm forms JV with Israel's Heven Drones to make cargo drones in India

• Kanodia Cement files IPO papers for offer for sale, plans stock market listing

• Sebi’s board to meet on June 18 to take up key proposals for approval

• Bitumen product maker Neptune Petrochemicals' IPO to open on May 28

• Scoda Tubes sets IPO price band at Rs 130-140 per share

• 'Bulk and Block Deals: Bandhan Mutual Fund buys 0.91% stake in Pondy Oxides on May 23

• FIIs net buy shares worth Rs 1,796 crore; DIIs pump Rs 300 crore on May 23

• Aegis Vopak Terminals IPO: Institutional investors buy Rs 1,260 crore via anchor book

• 'Leela Hotels IPO opens on May 26: Schloss Bangalore mobilises Rs 1,575 crore via anchor book

• Astonea Labs, Nikita Papers IPOs to open for subscription on May 27

• FTSE, MSCI index weight cuts could trigger $840 million in outflows from Eternal, says IIFL

• Daily Voice: Worst of earnings downgrade cycle already behind, overweight on mid-smallcaps with 55% weightage in portfolio, says Quest's Aniruddha Sarkar

• Antara Senior Care to invest Rs 500 crore to expand capacity fourfold

• Sun Pharma sees mid-to-high single-digit growth in FY26, bets big on specialty expansion

• Waaree Energies shares fall as Trump's tax cut aims to end key renewable subsidies

• Coal ministry surpasses asset monetisation target by Rs 63,000 crore

• Supreme Court dismisses Bharti Airtel subsidiary’s appeal against entertainment tax on DTH services'

• Eye on nuclear energy mission, NPCIL looks to speed up capacity addition

• RBI makes it easier to claim dormant funds

• 'New payments board may be at odds with RBI oversight'

• Satcom plans may come in at less than Rs 840 a month

• Adani Group, Reliance, Vedanta to invest Rs 30,000-50,000 cr each in northeast India

• Demand in the spirits segment remains subdued with regulatory hurdles impacting market growth: Diageo India MD Praveen Someshwar

• Sebi asks mkt intermediaries to extend digital KYC to persons with disabilities; issues FAQs

• JSW Steel evaluating legal options for troubled BPSL assets

• Sabharwal sees upside before greed triggers correction

•: International mutual funds rally up to 12% in 1 month. 

•  Gravita India promoter pares 3.4% stake for Rs 498 crore

• Govt to discuss with security agencies IndiGo's Turkish Airlines partnership

• US economy defies slowdown fears as corporate earnings and travel surge

• Tariff? Long arm of Trump law may not pluck Apple off India


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