Good morning Vande Mataram
News Headlines from Leading Financial News Papers, Compiled by Rudra Shares
Saturday, 2 August 2025
*Auto & Mobility*
* Car loans have overtaken housing loans in Q1, signaling a shift in consumer borrowing trends.
* Renault plans aggressive growth in India with full ownership of its Chennai plant, says Global CEO.
* Mahindra rolls out Diwali Esops to 14,000 employees – from factory floor to top management.
* Volvo to offer both electric vehicles (EVs) and internal combustion engine (ICE) models in India.
* Auto industry stabilizes after two-month slump, gears up for festive season push.
* Auto companies on track to meet PLI targets a year ahead of schedule.
* Maruti Q1FY26: Export growth and rural demand helped counter domestic slowdown.
*Banking & Finance*
* Due diligence for IDBI Bank stake sale completed; financial bids expected in Q3, says DIPAM Secretary.
* NSE agrees to pay Rs 40 crore to Sebi to settle the data disclosure case.
* FPIs sold equities worth Rs 3,366 crore while DIIs bought Rs 3,186 crore on August 1.
* Jane Street not cooperating with the Income Tax Department; servers and financial books located overseas.
* Trump’s tariffs may cause volatility but India's equity outlook remains strong, say experts.
* Global brokerages reduce concerns over tariff impact on India’s GDP, though warn of market volatility.
* Trump’s stance on India trade risks long-term US economic interests, warns CIO.
*Capital Markets & IPOs*
* Sri Lotus Developers IPO sees massive 69x subscription; QIB portion booked 164x.
* NSDL IPO concludes with 41x overall subscription; QIB portion booked 104x.
* M\&B Engineering IPO subscribed 36 times on the final day.
* Avenue Capital Group-backed Arcil files IPO papers with a 100% offer-for-sale structure.
* Shanti Gold International shares debut with over 15% premium.
* Bulk deal: SR Foundation acquires 0.5% stake in Belrise Industries.
* IPO norms revamped: Stronger primary market expected with higher DII participation, say bankers.
*Commodities & Energy*
* Vedanta to bring down financing cost to 8.5%, confirms CFO Ajay Goel.
* Nayara Energy focuses on domestic strategies as international opportunities shrink.
* Trump welcomes India’s reported halt in Russian oil purchases, calls it a “good step.”
*Construction & Infrastructure*
* L\&T secures large EPC contract from Hindustan Zinc.
*Mutual Funds & Investments*
* International mutual funds outperform domestic counterparts with 10% returns.
* Choice AMC gets Sebi's final approval to launch mutual funds; ETFs and index funds expected by Diwali.
*Corporate & Earnings*
* Dabur Q1FY26: Demand recovery and attractive valuation seen as key positives.
* Tata Steel Netherlands expects to complete restructuring by September.
* LIC stake sale gains traction as DIPAM appoints bankers and legal advisors.
Jai hind
For more details: