🗞️ Adani’s ₹15,000 Crore Fundraise Draws Strong Demand
Adani Enterprises has increased the size of its Qualified Institutional Placement (QIP) to ₹15,000 crore after receiving bids worth 3.8 times the issue size.
The strong institutional response signals renewed investor confidence in the Adani Group and provides the company with significant capital to fund its infrastructure and energy expansion plans.
💬 Expert Take — “Oversubscribed QIPs are a strong signal of institutional confidence. The scale of demand suggests long-term investors remain constructive on India’s infrastructure story.”
🗞️ Mukesh Ambani & Sunil Mittal Join Global AI Commission
Mukesh Ambani and Sunil Mittal have joined a global commission tasked with shaping trusted and inclusive artificial intelligence.
The appointment places Indian business leaders at the centre of global AI policy discussions as governments and corporations work to establish international AI standards.
💬 Expert Take — “AI leadership is no longer just about technology—it’s about setting global governance standards. India’s representation reflects its growing influence in the digital economy.”
🗞️ Government May Revamp Gold Monetisation Scheme
The government is reportedly preparing a revamped Gold Monetisation Scheme to encourage households to bring idle gold into the formal financial system.
The proposed changes aim to improve participation while reducing India’s dependence on gold imports.
🗞️ EPF Scheme 2026 Officially Notified
The Centre has notified the Employees’ Provident Fund Scheme, 2026, introducing the updated regulatory framework for provident fund administration.
The notification is part of ongoing efforts to modernise retirement savings and improve operational efficiency.
🗞️ Tata Technologies Signs $100 Million Deal
Tata Technologies has expanded its partnership with Tenneco through a $100 million engineering services agreement.
The deal strengthens Tata Technologies’ global automotive engineering business and reflects continued demand for outsourced product development.
🗞️ Bank of Baroda Explains ₹5,700 Crore Settlement
Bank of Baroda has explained the rationale behind its ₹5,700 crore settlement in the long-running NMC Health dispute in Abu Dhabi.
The settlement brings closure to a major international legal matter that had remained an overhang for the bank.
🗞️ Government, Industry Discuss AYUSH Export Strategy
The Department of Commerce, Ministry of AYUSH and AYUSHEXCIL held a joint brainstorming session to strengthen India’s AYUSH exports.
The discussions focused on expanding global market access and enhancing the competitiveness of traditional Indian healthcare products.
📊 Market Update
📈 Sensex: 77,763.91 ▲ 261.79 (+0.34%)
📈 Nifty 50: 24,270.85 ▲ 95.15 (+0.39%)
🪙 Gold (per gram)
24K: ₹14,700 ▲ ₹322
22K: ₹13,475 ▲ ₹295
18K: ₹11,025 ▲ ₹241
🥈 Silver: ₹2,50,000/kg ▲ ₹5,000