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Morning news

09/07/2025

Good morning  Vande Mataram 
News Headlines from Leading Financial News Papers, Compiled by Rudra Shares 
Wednesday, 09 July 2025


*Markets & IPOs*
* Glen Industries IPO fully subscribed on Day 1
* Travel Food Services IPO gets subscribed 16% so far on Day 2
* True North-backed Anthem Biosciences' Rs 3,395-crore IPO to hit Dalal Street on July 14
* Sebi cleared five IPOs, including Veeda Clinical, Rite Water, Seedworks
* ICICI Prudential AMC files IPO papers; comprises entirely OFS by British partner
* SEBI removes WeWork India IPO papers from abeyance
* MSEI Exchange to raise Rs 1000 crore; venture funds, brokers, AIFs to invest
* After a brief lull, June saw more SME IPOs cross 100x subscription as sentiment revives
* Bulk deals: SBI Mutual Fund picks up 0.57 percent stake in Elgi Equipments
* FIIs net sell shares worth Rs 26 crore; DIIs net buy Rs 1,367 crore
* Credit growth takes a beating in first quarter
* Traders lose Rs 1.05 lakh crore in FY25 amid Jane Street manipulation charges

*Commodities & Energy*
* Trump says US to impose 50% copper tariff, pharma levy may hit 200%
* MCX to launch electricity futures contract from July 10, sees demand for risk management instruments
* India aims to import about 10% of its cooking gas from US from 2026, say sources (Repeated once)
* Tariff norms for N-power plants notified for five years

*Banking & Regulations*
* SEBI may consider linking options leverage to cash positions via a formula: CNBC-TV18
* SEBI order shows misunderstanding of hedging norms
* Ex-Sebi chief Madhabi Puri Buch asserts probe against Jane Street was initiated and carried through under her watch, slams ‘false narrative’
* RBI to conduct Rs 1 lakh-cr VRRR to align market rates

*Pharma & Healthcare*
* Navin Fluorine shares hit fresh 52-week high after firm launches Rs 750-crore QIP
* Pharma lobby flags 'cumbersome' export rule, seeks change
* Gold companies post shining performance in Q1 FY26
* Krsnaa Diagnostics receives fresh Letter of Award from Rajasthan, ending two-year long wait after litigation delayed expansion

*Automobiles & Transport*
* Fine rainy spell & capex push help lift vehicle sales in June
* Two and three wheelers ride in fast lane for Uber
* IndiGo set to dial Airbus again, eyes bigger sky with A350 long-hauls
* National plan for key materials needed to secure EV future: Auto parts makers

*Consumer & Retail*
* PC Jeweller shares snap 5-day rally, sink as exchanges initiate additional surveillance measures
* ITC to scale up value-added agri products portfolio: Annual report
* India's apparel, footwear exports to gain as US hikes tariffs on rival nations: Exporters
* Textile stocks rally amid tariff hike on B'desh garments
* Desi skin, videshi glow: India’s vanity is getting an international makeover

*Insurance & Investment*
* India's insurance industry faces slow growth in Q1 FY26

*Global & Trade*
* Trump threatens 50% tariff on copper, mulls 200% on foreign drugs
* India–US mini trade deal nearing touchdown amid global tensions


Jai Hind
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