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Morning News

28/05/2026

*Financial News* 
Source: Leading Newspapers
 *Compiled by RUDRA SHARES* 
Vande Mataram
Thursday, 28 May 2026


**Banking, Finance & Insurance**
• SBI to combine branches, digital platforms for omni-channel banking
• Govt plans up to 2% LIC stake sale, may raise Rs 10,000 cr
• HDFC Bank rejects 'any assumptions of wrongdoing' after Rs 45 crore 'differential interest' payment report
• InvITs pushes for easier M&A rules to boost investor interest, deal activity
• Mid- and small-cap outperformance cycle may be back after earnings reset: Brokerage
• SBI MF, Nippon India MF buy Rs 272 crore worth Pine Labs shares; ICICI Pru MF acquire 1.5% stake in Indoco Remedies
• FPIs net sell Indian equities worth Rs 1,043 crore; DIIs net buy Rs 3,821 crore on May 27
• Coal India OFS oversubscribed 8.14 times on Day 1, govt to exercise green shoe option


*Technology & IT*
• Mphasis bets big on AI with launch of outcome-based Tria platform
• India’s banks & telecom giants brace for a model feared by cybersecurity experts


*Hospitality & Real Estate*
• India eyes record $1 billion hotel transactions in 2026 amid travel uncertainties


*Food Delivery & E-commerce*
• Swiggy CEO Sriharsha Majety vows to stay out of Amazon-Ambani spending war


*Aviation*
• Akasa Air flight runs short on fuel, makes emergency landing in Lucknow
• High aviation fuel prices: IndiGo to slash 5-7% domestic flights after reducing 17% international flights


*Commodities*
Gold: Rs 1,55,400 spot on May 27
Silver: Rs 2,60,934 spot on May 27
• Gold eases as US-Iran tensions cloud interest rate outlook


*Oil, Energy & Global Affairs*
• US imposes sanctions on Iranian agency trying to control shipping in the Strait of Hormuz
• US military shoots down Iranian drones, carries out fresh strikes near Strait of Hormuz


*Politics & Governance*
• BJP hails SC SIR verdict, tells Rahul Gandhi to 'introspect'
• CM Vijay meets PM Modi; raises Mekedatu dam, Tamil anthem issues
• Supreme Court upholds Bihar SIR, calls it key to free and fair polls
• Supreme Court order clouds opposition planks amid electoral meltdown
• Karnataka CM throne battle nears climax as Siddaramaiah plans resignation
• PRAGATI meet: PM reviews infra projects worth Rs 30,000 crore; urges rapid urban rooftop solar push


*Trade & Economy*
• US trade negotiators to visit India from June 1-4 for interim trade deal talks
• India-Canada trade deal has full potential to be concluded by end-2026; services to be key pillar, says Piyush Goyal


*Corporate & Industry*
• HFCL rises as firm bags Rs 135-crore contract from RailTel; stock surges nearly 150% in last two month
• JP Power shares rise up to 20% after Adani Power acquires stake
• Sanofi unveils AI-powered platform for early rare disease detection
• JSW Steel shares gain after launch of Rs 65,000 crore Odisha steel plant project
• Maruti Suzuki WagonR flex-fuel vehicle to be launched in India on June 5
• Packaged spices company Pushp Brand files IPO papers with SEBI, entirely OFS
• Tata Trusts likely to review Tata Sons business presentations on June 8


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Rudra Hai to Mudra Hai
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