*Financial News*
Source: Leading Newspapers
*Compiled by Rudra Shares* 
Vande Mataram
*Tuesday, 14 July 2026*

*Banking & Financial Services*

• HDFC Bank's total workforce witnessed a reduction of 3,343 employees in FY26.

• Tata Capital entered the gold loan business with the ₹318 crore acquisition of Yogloans

.
• Centre held back-to-back top-level meetings on IDBI Bank sale, signalling a push to close the deal.

• SBI Funds Management raised ₹2,663 crore via anchor book ahead of its ₹9,813 crore IPO opening today.

*Renewable Energy & Power*

• Renewable energy developers received a one-time exit option for unused grid connectivity.

• Aditya Birla Group will acquire Shell's Sprng Energy for $1.8 billion.

• NTPC board approved a ₹20,457 crore investment for the 1,600 MW Lara Stage-III project.

*Industry*

• JBM Auto signed an MoU with Drivn to supply 500 electric buses; shares gained.

• Automated car parking solutions provider Sotefin Bharat to launch its IPO on July 16.

• JSW Infra shares rose after the company incorporated a wholly-owned SPV.

*Information Technology*

• TCS expanded its partnership with ABB through a multi-year AI network operations deal.

• HCLTech announced a ₹3,500 crore investment in data centres with 50 MW capacity.

• HCLTech retained its FY27 revenue growth guidance backed by a strong deal pipeline.

• Happiest Minds shares gained as ITC Infotech emerged as the frontrunner to acquire a majority stake.

*Healthcare & Pharmaceuticals*

• Emcure Pharma acquired the remaining stake in Gennova, making the biopharma company its wholly-owned subsidiary.

• Viatris-owned Mylan launched a ₹3,481 crore block deal to exit Biocon.

*Capital Markets*

• Goldman Sachs expects India's next market rally to be driven by banks, large-cap stocks and domestic themes.

• Happy Steels IPO received over 72x subscription on the final day across investor categories.

• Millworks Technologies raised ₹44 crore through its anchor book ahead of the IPO.

• Supreme Court upheld SEBI's action against Kotak AMC, stating investor gains cannot justify regulatory violations.

• FIIs were net sellers of ₹3,062 crore, while DIIs were net buyers of ₹2,172 crore on July 13.

*Economy & Trade*

• India's June exports remained resilient despite West Asia tensions, while the trade deficit widened to a five-month high.

• Retail inflation increased to 4.4% due to higher food and transportation costs.

• Indian exporters received over $1 billion as the US began refunding Trump's tariffs.

• India-US framework trade deal is ready and awaiting the appropriate time for signing, according to Commerce Secretary Rajesh Agrawal.

• Fed Governor Christopher Waller said higher interest rates may be needed in the near term.

*Commodities*

• Silver stood at ₹2,18,439 (spot) on July 13
• Gold stood at ₹1,41,720 (spot) on July 13

*Politics & Governance*

• 81 lakh women were dropped from the Ladki Bahin scheme after e-KYC, while the Opposition alleged irregularities.

• BJP sent a ₹100 crore legal notice to Omar Abdullah over poaching allegations.

• Devendra Fadnavis became Maharashtra's third longest-serving Chief Minister, overtaking Sharad Pawar.

• VCK's Thirumavalavan proposed a DMK-TVK alliance against the BJP.

• NCP witnessed internal unrest after Sunetra Pawar's election was challenged.
• Russia will bring its flagship INNOPROM industrial fair to India in September.

• A Special Investigation Team (SIT) probe was ordered into the murder of a Congress leader's driver in Madhya Pradesh 

Jai Hind
*Rudra Hai to Mudra Hai*
For more details:
www.rudrashares.com/cef