*Financial News*
Source: Leading Newspapers
*Compiled by RUDRA SHARES*
Vande Mataram
Sunday, 17 May 2026
*Banking, Finance & Markets*
• Muthoot Fincorp plans ₹4,000 crore IPO; FY26 profit more than doubles
• Former Yes Bank CEO Rana Kapoor and Sudhir Valia booked in a fraud case by Mumbai Police
• Arohan Financial Services files IPO papers; plans ₹600 crore fresh issue
• World may see biggest-ever fund raise in history in June, reportedly 2.5 times larger than Saudi Aramco IPO
• Dr. Reddy's Laboratories launches generic Semaglutide injection in Canada
*Technology, Electronics & Telecom*
• Aditya Birla Group to invest $500 million in Vodafone Idea as revival signal strengthens
• Apple wants expansion in India but remains cautious over operational challenges
• Tata Electronics and ASML partnership to power India’s first commercial chip fabrication unit
*Politics & Governance*
• Suvendu Adhikari targets Abhishek Banerjee, alleges Diamond Harbour residents were denied voting rights for a decade
• Bharatiya Janata Party asks Rahul Gandhi not to politicise NEET issue, says government acted swiftly
• After Uttar Pradesh and Bihar, Bharatiya Janata Party eyes cabinet reshuffle in more states
• Three months on, Manipur awaits Cabinet expansion
• Y. S. Jagan Mohan Reddy plans hyper-local outreach across Andhra Pradesh
• Vijay allocates portfolios, retains police, home and youth welfare departments
*Trade, Commodities & Industry*
• India restricts silver imports; licence now mandatory for select categories
• Suezmax tanker carrying Iraqi crude reaches India after Hormuz transit
• ‘Next 6 months will be painful’: textile founder’s viral X post sparks fears of layoffs and slowdown
*International Affairs & Defence*
• India-Netherlands ties reach “strategic partnership” level, says Narendra Modi
• US’ largest aircraft carrier returns home from Middle East
• Donald Trump warns Iran of a “very bad time” if peace agreement is not reached soon
Jai Hind
*Rudra Hai to Mudra Hai*
For more details:
Dos and Don’ts for Retail Investors:1) Offering fixed/guaranteed/regular returns/ capital protection schemes in stock markets whether written or oral is not allowed. Any of our representative or Authorised Person (AP) cannot offer fixed/guaranteed returns.
2) Any representative cannot enter into loan agreements to pay interest on funds/securities.
3) Do not fall prey to emails, SMSs, or videos promising high returns.
4) Trading in derivatives involves high risk.
5) Dealing in cash is prohibited.
6) Do not share login ID, password, OTP, TPIN.
7) Fill KYC details yourself and keep copies.
8) Ensure trades are executed as per your instructions.
9) Keep mobile/email updated and verify trade messages.
10) Verify bank details before transferring funds.
11) Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day issued in the interest of investors.
12) KYC is a one-time exercise while dealing in securities markets - once KYC is done through a SEBIregistered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
13) No need to issue cheques by investors while subscribing to an IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for a refund, as the money remains in the investor's account.