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Nod for IPOs worth ₹1.4K cr

Financial Express Bengaluru

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June 13, 2026

SECURITIES AND EXCHANGE Board of India (Sebi) has given approval for initial public offerings (IPOs) of four companies with a combined issue size of over ₹1,400 crore.

- KUSHAN SHAH

These include Chennai-based real estate developer Casagrand Premier Builder, Mumbai-based steel processing centre Bombay Coated and Speci

FLERE HISTORIER FRA Financial Express Bengaluru

Financial Express Bengaluru

Equity fundraising spikes 220% in April: Sebi bulletin

EQUITY FUNDRAISING SAW a sharp 220% rise in April to over ₹54,700 crore from the previous month despite the unsettled tension in West Asia and the consequent slowdown in the primary market.

time to read

1 min

June 13, 2026

Financial Express Bengaluru

Fossil fuel imports: India's silent villain; bioenergy delivers independence

INDIA’S RISE AS a global economic powerhouse is celebrated for its growth and ambition, yet a silent structural weakness quietly undermines our sovereignty: crippling dependence on imported fossil fuels.

time to read

3 mins

June 13, 2026

Financial Express Bengaluru

Ujjivan, Karur & PNB raise FCNR (B) interest rates

UJJIVAN SMALL FINANCE Bank on Friday said it has increased interest rates on its FCNR (B) deposits, offering up to 7.13% per annum on US dollar deposits with tenures ranging from three to five years.

time to read

1 min

June 13, 2026

Financial Express Bengaluru

RBI reviews FCNR (B) swap with top banks

THE RESERVE BANK of India (RBI) reviewed the implementation of its recent foreign exchange and financial sector initiatives, including the concessional Foreign Currency Non-Resident (Bank) or FCNR(B) swap facility at a meeting with managing directors and CEOs of all major banks on Friday.

time to read

1 min

June 13, 2026

Financial Express Bengaluru

Signs of recovery in microfinance sector

Loan portfolio grows for first time after seven quarters

time to read

2 mins

June 13, 2026

Financial Express Bengaluru

Google, Anthropic, OpenAI execs to attend G7 summit

ARTIFICIAL INTELLIGENCE EXECUTIVES from Anthropic PBC, OpenAI and Alphabet’s Google are slated to attend the G7 summit that gets underway next week in France.

time to read

1 min

June 13, 2026

Financial Express Bengaluru

AM Green, VOC Port to develop India's first green ammonia bunkering hubs

AM GREEN AND VO Chidambaranar (VOC) Port Authority have signed an MoU to develop one of India's first large-scale green ammonia bunkering hubs at Tuticorin in Tamil Nadu.

time to read

2 mins

June 13, 2026

Financial Express Bengaluru

For India Inc, a ‘welcome’ turning point

CORPORATE INDIA IS betting on a more stable FY27 as the proposed US-Iran peace deal eases concerns over energy prices, freight costs and supply-chain disruptions that have weighed on businesses for over three months.

time to read

1 min

June 13, 2026

Financial Express Bengaluru

NLC India bags key mineral block

STATE-OWNED NLC India on Friday said it has secured a critical mineral block in Telangana. In a stock exchange filing, the company said NLC India has been “declared as preferred bidder for critical and strategic mineral block auctions conducted by the Ministry of Mines.”

time to read

1 min

June 13, 2026

Financial Express Bengaluru

Banks woo Indian diaspora in $50-bn deposit drive

AFTER MORE THAN a decade, India is once again turning to its 35 million-strong diaspora for support. This time, banks are mounting a global campaign to attract over $50 billion in deposits from overseas nationals as policymakers seek to bolster foreign exchange reserves and support a battered rupee.

time to read

2 mins

June 13, 2026

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