*Financial News*
Source: Leading Newspapers
Compiled by *RUDRA SHARES*
Vande Mataram
Wednesday, 6 May 2026

*Banking, Finance & Regulation*
• RBI releases norms for banks holding non-financial assets
• Credit growth signals economic strength: Finance Ministry
• Moody's flags India as most resilient emerging market since 2020
• IIFL Finance plans to raise $400 million via ECBs
• Mutual funds accumulate banking stocks in March quarter; book profits in PSU & commodity stocks
• FIIs net sell ₹3,622 crore; DIIs net buy ₹2,603 crore on May 5
• Global uncertainties impact gold loan pricing; CSB Bank remains cautious

*Corporate & Industry*
• Vedanta Ltd outlines mega expansion across aluminium, oil & power post demerger
• Bondada Engineering eyes ₹10,000 crore investment for 25 GW renewable energy & data centres
• Godrej Enterprises’ aviation business targets 15–20% growth till FY32
• Larsen & Toubro wins ₹2,500–5,000 crore coal-to-ammonium nitrate project in Odisha
• Wadia Group’s Bombay Realty launches luxury project in Mumbai’s Dadar
• Marico sees premiumisation supporting volume growth
• Sun Pharmaceutical Industries explores $12 billion Organon acquisition

*Markets & Economy*
• Oil falls below $110, down 6% in two sessions
• Gold rises as US dollar weakens amid geopolitical developments
• Election cash doles may boost short-term consumption in apparel, smartphones & liquor
• Sugarcane FRP hiked to ₹365/quintal for 2026–27 season
• Nepal to procure 80,000 tonnes of fertiliser from India amid global supply disruptions
• Markets view Bengal verdict as structural shift, though fiscal stress remains concern

*Stocks & Corporate Actions*
• Mahindra & Mahindra surges on strong Q4 performance led by auto segment
• NCLAT sets aside CCI’s ₹301.6 crore penalty on Grasim Industries
• Vodafone Idea appoints Kumar Mangalam Birla as non-executive chairman

*IPO & Fundraising*
• Bagmane Prime Office REIT IPO subscribed 71% on Day 1
• OnEMI Technology IPO subscribed 9.5 times on final day

*Legal & Regulatory*
• Bombay HC quashes Lilavati Trust bribery case against HDFC Bank CEO
• Drug applications with unresolved queries to be rejected within 30 days
• Zee Entertainment Enterprises sues Nykaa over alleged copyright violations on Instagram reels

*Technology & Global*
• Cognizant may cut 12,000–15,000 jobs globally, majority in India
• Geopolitical tensions: Trump pauses “Project Freedom” amid Iran deal progress

*Politics & Elections*
• Amit Shah’s prediction holds as BJP ends Mamata Banerjee’s 15-year rule in Bengal
• HC to appoint counsels as AAP leaders boycott excise policy case hearing
• BJP’s strong gains across eastern India signal political realignment
• CEC orders statewide patrolling in West Bengal amid violence concerns

Jai Hind 
Rudra Hai to Mudra Hai
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