*Financial News*
Source: Leading Newspapers
*Compiled by RUDRA SHARES*
Vande Mataram
*Tuesday, 30 June 2026*

*Banking & Financial Services*
• Former Financial Services Secretary Rajiv Kumar named part-time Chairman of HDFC Bank.
• Yes Bank gets board approval to raise ₹16,000 crore through equity and debt.
• Zerodha plans entry into investment banking; seeks SEBI registration.
• NPCI turns to AI to curb digital payment frauds.
• Capri Global eyes offshore bond issue of up to $500 million.
• Pine Labs infuses nearly ₹25 crore into subsidiary to fund expansion.
• HDFC Bank appoints former Axis Bank Group Executive Puneet Sharma as CFO, effective December 1.
• Jio BlackRock launches its first SIF product, Prism Hybrid Long-Short Fund; NFO opens June 29.
• Paytm's comeback gathers momentum as Goldman Sachs sees scope for re-rating.

*Economy & Policy*
• Indian AC manufacturers eye Europe as record heatwaves create export opportunities.
• India aims to simplify nuclear power plant site selection.
• Organised dairy sector expected to post 13–15% revenue growth this fiscal: CRISIL.
• Stainless steel industry seeks withdrawal of QCO relief from July 1.
• India's external debt rises to $762.8 billion; debt-to-GDP ratio reaches 20.8%.

*Markets*
• OYO files for a ₹6,650 crore IPO.
• Turtlemint Fintech shares list at an 11% discount amid weak market sentiment.
• CSM Technologies IPO fully subscribed on the final day as QIB demand improves.
• Aastha Spintex IPO subscribed 88% on Day 1, led by retail and NII investors.
• Eswari Global Metal Industries files IPO papers for a ₹500 crore fresh issue.
• Sri Priyanka Geo Commex withdraws IPO after muted investor response.
• Bajaj Auto's buyback opens on July 1; shares decline.
• FII net sellers of ₹1,350 crore, while DIIs net buyers of ₹2,801 crore on June 29.
• NSE set to become LIC's fifth-largest equity holding, ahead of Infosys, TCS and HDFC Bank.

*Corporate & Business*
• Tata Motors targets a global top-four position in commercial vehicles as the Iveco acquisition progresses.
• Titagarh Rail aims to double passenger coach production by Q2 FY27 and eyes a major Indian Railways wagon tender.
• Nibe CEO Prakash Hari Khose steps down.
• Apollo Micro Systems gains as key client BEL is likely to receive a ₹30,000 crore QRSAM order.
• Tata Motors and Castrol India partner to launch a used engine oil circularity pilot in Karnataka.
• Astral shares hit a five-month low after announcing the demerger of its chemicals business.
• Oberoi Realty launches the ultra-luxury "Three Sixty North" project in Gurugram; shares rise.
• Netweb Technologies shares record their biggest single-day fall since January 2025 ahead of a board meeting to consider fundraising.
• MSTC shares surge on vehicle scrappage incentives under the new Delhi EV Policy 2026, extending their one-month rally to 57%.

*Politics*
• Karnataka Congress proceeds cautiously as the ECI prepares to launch a month-long Special Intensive Revision (SIR).
• West Bengal Assembly passes four key Bills, including legislation against anti-social activities.
• Karnataka Minister says Congress is not opposed to SIR but wants the ECI to answer its questions.
• Chief Election Commissioner Gyanesh Kumar says Booth Level Officers (BLOs) are the pillars of democracy.
• Akal Takht gives the AAP government one month to amend the law.

*Commodities*
• Silver stood at ₹2,19,348 (spot) on June 29
• Gold stood at ₹1,41,068 (spot) on June 29
• Crude oil falls to $72 per barrel as markets await US-Iran talks.
• Gold's safe-haven appeal weakens amid focus on oil prices, the Fed and the US dollar.

*Jai Hind*
*Rudra Hai to Mudra Hai*
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