*Financial News*
Source: Leading Newspapers
Compiled by *Rudra Shares*
Vande Mataram
*Friday, 17 July 2026*

*Infrastructure, Power & Energy*

• NPCIL-NTPC JV invites bids to build the core of the Mahi Banswara nuclear project.
• ACME Solar secures Rs 2,647 crore funding from REC for a peak power project.
• Power Ministry plans a dedicated power grid for data centres amid surging demand.
• India's oil companies promote liquid LPG cylinders to reduce fuel losses.

*Banking & Financial Services*

• Private insurers seek changes in the proposed framework for investments in unlisted entities.
• SBI mobilises $1.9 billion in foreign currency through a special scheme, significantly ahead of peers.
• RBI's Financial Inclusion Index rises 4.48% in FY26.
• SBI Funds Management IPO becomes India's fifth-largest by bid value, attracting Rs 2.98 lakh crore in bids.
• DIIs bought shares worth Rs 2,986 crore, while FIIs sold shares worth Rs 4,206 crore on July 16.

*Telecom & Space*

• Reliance Jio's plan for a 1,600-LEO satellite constellation receives technical approval from IN-SPACe, moving closer to India's first homegrown satellite network.
• India's approval of a low-earth orbit proposal strengthens the competitive landscape against Starlink.

*Corporate & Business*

• McLeod Russel to sell tea gardens after NARCL withdraws its insolvency bid.
• Tata Group and SP Group explore a share swap to unlock Tata Sons stake amid valuation differences.
• Government aims to increase food processing levels to 25% by 2031 and is considering policy measures to boost investment.
• Govt plans to replace the Wholesale Price Index (WPI) with the Producer Price Index (PPI) for future procurement contracts.
• India-UK FTA is unlikely to adversely impact domestic consumer brands, according to industry.
• India's gig internet workforce is expected to grow to 17–21 million by 2030, says Redseer.
• Maruti Suzuki to contest the Raipur consumer court order over an E20-compatible vehicle.
• PhysicsWallah raises its stake in Sarrthi IAS to 51%, taking majority control.

*Technology & IT*

• Wipro guides for sequential revenue growth of -1.5% to 0.5% for Q2FY27.
• Wipro says the demand environment remains unchanged, with discretionary spending still under pressure.
• Tech Mahindra reports its third consecutive quarter with deal wins exceeding $1 billion.
• Global chipmaker stocks decline amid concerns over AI-related spending after a strong rally.

*Capital Markets & IPO*

• Shree Balaji Mala Textiles IPO to open for subscription on July 22.
• Caliber Mining and Logistics raises Rs 135 crore from seven anchor investors ahead of its Rs 450-crore IPO.
• Angel One says the slowdown in credit disbursals is due to temporary lender-side bottlenecks.

*Agriculture & Commodities*

• Indian rice export prices extend gains due to higher reserve prices and monsoon concerns.
• Silver stood at Rs 2,18,013 (spot) on July 16.
• Gold stood at Rs 1,41,468 (spot) on July 16.

*Politics & Governance*

• Rajya Sabha MP Koel Mallick quits Trinamool Congress and meets Bhupender Yadav.
• Supreme Court closes Tamil Nadu electoral roll revision cases following the Bihar SIR verdict.
• BJP to protest in Kashmir against the NC-led government's alleged failures.
• UP ATS raids the residence of a TMC leader and a madrasa in West Bengal in a terror funding case.
• Twenty NDA-ruled states adopt Jan Vishwas reforms to decriminalise minor offences.
• Rajnath Singh to chair the NDA meeting ahead of the Monsoon Session.
• UP tells the Supreme Court that Ajay Mishra and Ashish Mishra had no role in the Lakhimpur Kheri intimidation case.

*Jai Hind*
*Rudra Hai to Mudra Hai*
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