*Financial News*
Source: Leading Newspapers
*Compiled by RUDRA SHARES* 
Vande Mataram
Saturday, 25 April 2026

*Banking, Finance & Regulation*
• IDBI Bank shares rise as FM Sitharaman says divestment in lender will continue
• JPMorgan downgrades India equities to neutral and lowers 2026-end Nifty target by 10% to 27,000
• FIIs net sell shares worth Rs 8,828 crore, while DIIs net buy Rs 4,701 crore equities on April 24
• IndusInd Bank strengthens board, appoints 2 whole-time directors and 2 independent directors
• RBI cancels Paytm Payments Bank licence citing governance lapses
• Credit flows jump 38% in FY26 as RBI easing boosts demand
• Forex reserves rise to $703 billion
• Sebi eases FPI settlement norms and allows netting to reduce costs
• Sebi clears 4 IPOs including Yatayat Corporation and EAAA India
• SEBI gives green signal to EAAA India, Yatayat Corporation, and MV Electrosystems IPOs
• Adisoft Technologies IPO sees over 3x subscription on day 2, offer closes next week
• Pramodini Medicare files IPO papers to raise funds for capex

*Energy, Oil & Gas*
• Reliance Industries posts record annual profit and revenue; quarterly earnings remain pressured by energy market volatility
• Reliance Industries in talks for green ammonia offtake with Japanese, Korean, and European firms
• No fuel shortage and no price hike, government says petrol, diesel, and LPG stocks are secure
• IGL proposes to halve PNG pressure supply to restaurants

*Information Technology & Telecom*
• TCS, Infosys, HCLTech, Wipro, and Tech Mahindra report muted FY26 hiring as workforce shrinks by 7,389
• Jio Platforms is moving steadily towards IPO, says Mukesh Ambani
• Government plans new TTDF with higher outlay by October to boost telecom R&D
• Boost R&D or risk lagging in 6G race, MoS Chandra Sekhar Pemmasani tells telcos as revenues surge

*Metals, Mining & Industrials*
• Hindustan Zinc plans to double output by 2030 and may revive demerger plan
• ITC to conclude Rs 3,498-crore Century Pulp acquisition next week

*Automobile & EV*
• Fuel price concerns drive EV demand as share in new car sales rises to 5.1% in March
• Tata and JSW MG gain momentum after India’s sensible EV policy shift

*Renewable Energy*
• Waaree Energies shares fall as the US announces anti-dumping duties on solar imports from India
• US slaps 123% anti-dumping duty on Indian solar imports

*Media & Entertainment*
• Nervous industry opts for take two as box office faces continued squeeze

*Political & General Economy*
• India is among the worst hit by the Iran war crisis, says Gita Gopinath, with oil and food prices at risk
• Switch by Raghav Chadha and others comes as BJP targets new voter blocs in Punjab
• Rekha Gupta calls the switch of Raghav Chadha and six AAP MPs a blow to Kejriwal’s leadership
• Amit Shah predicts BJP win in Bengal phase 1 elections
• Mamata Banerjee targets PM Modi, saying he can boat on Hooghly, not Yamuna
• Trump says a Supreme Court ruling on tariffs could have saved the US $159 billion

Jai Hind
Rudra Hai to Mudra Hai
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