**Financial News**
Source: Leading Newspapers
Compiled by *RUDRA SHARES*
Vande Mataram
Wednesday, 08 April 2026

*Corporate & Industry*
• Titagarh Rail Systems stock surges after subsidiary gets Shipping Ministry approval for ₹610 crore expansion
• Shyam Metalics’ Odisha unit sealed over pollution norm violations
• Birla Estates records over ₹1,600 crore bookings in Gurugram project
• Tata Steel India reports record crude steel production of 23.48 MT in FY26
• Coforge appoints Sunil Fernandes as COO to drive delivery and AI initiatives
• Blue Star MD indicates near-term challenges but sees growth ahead
• Torrent Power gets CCI approval to acquire Nabha Power from L&T arm
• Biocon plans to scale up AI focus for future growth
• India expands ethanol usage across sectors from stoves to automobiles

*Banking & Financial Services*
• FII/FPIs net sell ₹8,692 crore in equities while DIIs net buy ₹7,980 crore
• Demat account additions drop to one-year low in March due to volatility
• KreditBee enters unicorn club with $280 million pre-IPO funding at $1.5 billion valuation
• RBI MPC rate decision awaited amid speculation on hold, hike, or cut
• CCI approves Advent’s 14.3% stake acquisition in Aditya Birla Housing Finance
• SBI faces disruption in $5 billion short trade due to trading ban
• Bank of Baroda launches AI-powered multilingual in-branch service platform
• Tata Mutual Fund allows lumpsum investments in small-cap scheme
• SEBI grants one-time relaxation for companies planning public issues
• FPI bond selloff crosses ₹8,000 crore as hedging costs rise

*Telecom & Technology*
• DoT extends AGR dues reassessment deadline for Vodafone Idea till June

*Healthcare & Pharma*
• IHH Healthcare plans to increase stake in Fortis to 50%

*Infrastructure & Energy*
• Government reduces airport landing and parking charges by 25% using special provision
• Centre holds consultations on permanent magnet manufacturing scheme
• Govt exploring options to retain 51% stake in merged PFC-REC entity

*Economy & Policy*
• India–New Zealand FTA expected to be signed on April 24, potential $20 billion investment boost
• Government rules out sugar export curbs; maintains edible oil duties
• Centre may adjust spending to meet FY27 fiscal deficit target
• Draft norms issued to standardise state and district GDP estimates

*Markets & Commodities*
• GIFT Nifty signsls gap-up opening; Asian markets share trade high
• Gold prices rise further after Trump announces Iran ceasefire pause
• US crude falls below $100 amid easing geopolitical tensions
• Market optimism seen in Aurobindo Pharma on improved US and Europe sales
• JPMorgan gives overweight rating to Hindalco and Vedanta

*Global & Geopolitics*
• Iran agrees to allow safe passage through Strait of Hormuz for two weeks if attacks halt
• Hormuz passage cleared under temporary peace deal
• US calls ceasefire a ‘victory’; tensions remain uncertain

*Politics*
• Election Commission sets up 90-screen control centre for West Bengal polls
• Supreme Court rejects appeal deadline, leaving 20 lakh voters affected
• Gorkhaland issue resurfaces amid tight Bengal election contest
• Mamata Banerjee alleges deletion of minority and Matua voters from rolls
• Amit Shah vows to curb infiltration in Assam and Bengal

Jai Hind
Rudra Hai to Mudra Hai
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