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16/07/2026
*Financial News*
Source: Leading Newspapers
Compiled by *Rudra Shares*
Vande Mataram
*Thursday, 16 July 2026*
*Politics & Governance*
• Karnataka: Cabinet expansion buzz as CM Shivakumar heads to Delhi.
• Election Commission ready for 'One Nation One Election' with 6-month notice, says panel chief.
• Flipkart CEO Kalyan Krishnamurthy meets West Bengal CM Suvendu Adhikari, discusses digital commerce growth plans.
• Abhishek sent me to jail, told Mamata four times to remove him: TMC's Anubrata Mondal.
• Supreme Court dismisses Tamil Nadu government's plea against former DMK Minister EV Velu.
• NCP (SP) says support for Delimitation Bill will be conditional: Supriya Sule.
• TMC MP Abhishek Banerjee gives voice sample in 'inflammatory speech' case.
• Calcutta High Court grants conditional approval for TMC's July 21 Martyrs' Day rally, caps gathering at 2,500.
• Kerala Congress MLA receives fake call offering ministerial berth in exchange for money.
*Infrastructure & Manufacturing*
• Cabinet approves ₹24,000 crore highway projects in Varanasi to ease congestion.
• Cabinet clears ₹1.9 lakh crore package to boost semiconductor and mobile phone manufacturing.
• MNCs shifting inventory to India amid West Asia crisis: DP World executive.
• India and the EU strengthen strategic
partnership at the 3rd TTC; announce cooperation in AI, semiconductors and clean technologies.
*Corporate & Industry*
• Adani in talks with Accor and ITC Hotels to manage Jaypee hospitality assets.
• Jaypee deal to help Dalmia Bharat establish a pan-India presence.
• Amara Raja commissions ₹500 crore battery CQP facility in Telangana.
• Cadila Pharma says there are no curbs on Aciloc products and affirms compliance.
• Sun Pharma receives South Africa approval for generic semaglutide; launch expected soon.
• Tata Capital raises USD 400 million through a US bond issue.
*Banking & Financial Services*
• RBI directs banks and NBFCs to strengthen ownership of third-party data risks.
• SBI appoints former LIC finance head Sunil Ramgopal Agrawal as CFO.
• HDFC AMC's Munot says SIP growth remains structural and expects fintechs to play a larger role.
*Energy & Commodities*
• India raises windfall tax on diesel and ATF exports while cutting levy on petrol exports.
• India's ethanol push risks solving one problem while creating another.
• Oil prices rise for the fourth consecutive day, with Brent above $85 as US strikes on Iran revive Hormuz supply concerns.
• Silver stood at ₹2,20,225 (spot) on July 15
• Gold stood at ₹1,41,311 (spot) on July 15
*Capital Markets & IPOs*
• SBI Funds Management IPO subscribed 2.8x on Day 2.
• Millworks Technologies SME IPO subscribed 45x on Day 2.
• Caliber Mining IPO to open on July 17.
• Gulf Lloyds IPO to open for public subscription next week.
• Eyeing a higher valuation, investors prepare bids for chipmaker CXMT's $8.6 billion IPO.
• Kusumgar shares extend listing gains to 44%, hit upper circuit.
*Stock Market & Investments*
• Ather Energy shares rise as Hero MotoCorp announces ₹1,000 crore investment.
• Patanjali Foods shares fall after 1.5% equity worth ₹195 crore changes hands.
• Ather launches ₹1,300 crore QIP; floor price fixed at ₹1,169.70.
• FIIs turn net sellers of ₹736 crore, while DIIs remain net buyers of ₹705 crore on July 15.
• SEBI adopts a stricter Code of Conduct for Board members, tightening investment and disclosure norms.
• Groww overtakes Angel One to become the largest commodities derivatives player by traded value.
*Technology & AI*
• AI's biggest opportunity for India's internet firms may be expanding the market rather than reducing costs: BofA.
• As AI fuels the data centre boom, water-related stocks gain up to 45%.
*Jai Hind*
*Rudra Hai to Mudra Hai*
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