*Financial News*
Source: Leading Newspapers
Compiled by *Rudra Shares*
Vande Mataram
*Sunday, 12 July 2026*

*Banking & Financial Services*
• ED attaches assets worth ₹1,000 crore in Reliance Anil Ambani Group probe.
• HDFC Bank sends more hands to the frontline.

• Abrupt exit of Atanu Chakraborty a 'challenging event': HDFC Bank MD Sashidhar Jagdishan.

*Industry*
• Maharashtra FDA bars sale of some Cadila Pharma drugs over brand confusion.
• Aditya Birla Group proposes $1.26 billion expansion of Odisha alumina refinery.

• Vedanta targets 500,000 bpd oil and gas output to boost India's energy security.

• Nuvoco Vistas starts Limla Cement Plant, strengthens footprint in Western India.
• RIL plans development of second CBM asset to boost gas output.

*Railways & Infrastructure*
• India becoming a major railway products manufacturer and exporter: Ashwini Vaishnaw.

• India lays groundwork for a big business boost along the coasts.

*Automobile*
• Auto companies find it difficult to monetise software services after the complimentary term ends.

*Capital Markets / IPO*
• HVAC and refrigerator components maker J Pan Tubular files IPO papers for expansion and debt reduction.

• SBI Funds Management IPO size reduced to ₹9,813 crore after pre-IPO round with marquee investors.

*Economy & Policy*
• Global shocks may hit quarterly growth, but India's long-term outlook remains strong: PwC.

• Inadequate and insufficient evidence on forced labour 301 probe: India tells US.
• 2 lakh micro food processing enterprises covered under the credit-linked subsidy scheme PMFME: Government.

• India and New Zealand elevate ties to a strategic partnership and launch the 2030 roadmap.

*Politics & Governance*
• Karnataka CM Shivakumar warns police against 'deals', warns of tough action.
• West Bengal to roll out single-window clearance for investments above ₹100 crore: CM Suvendu Adhikari.

• Six former CJIs said simultaneous elections won't undermine federalism or the Constitution: JPC chief.

• UBT Sena MP Sanjay Raut fuels Devendra Fadnavis Delhi shift buzz, triggers NDA tussle.

• Punjab Congress rift deepens: Baghel peace meet fails to signal thaw as Channi and Randhawa say Warring's exit is necessary for party unity.

*Global*
• US launches fresh strikes after Iran shuts the Strait of Hormuz, warns against ship transit.

• Bitcoin holds near $64,000 despite ETF outflows.

Jai Hind

*Rudra Hai to Mudra Hai*
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