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 Indian Sector Specific News:

A) BFSI:

1) R Doraiswamy Recommended as LIC's Next CEO & MD

  • FSIB has recommended R Doraiswamy to be the next CEO and MD of LIC, replacing interim head Sat Pal Bhanoo after government approval.
  • Doraiswamy, currently an MD at LIC since Sept 2023, has 30+ years of experience in operations, marketing, tech, and academics.
  • Source: Economic Times
2) Top Indian Banks Earn ₹21,773 Crore in Insurance Commissions in FY24

  • India’s 15 top banks earned ₹21,773 crore in commissions in FY24, mainly from selling life insurance, mutual funds, and financial products, many linked to their own group companies.
  • HDFC Bank topped the list with ₹6,467 crore, followed by SBI (₹3,893 crore) and Axis Bank (₹3,320 crore); concerns have been raised about mis-selling and affiliate bias.
  • Source: Moneycontrol 
3) SEBI Issues ₹5.35 Crore Demand Notice to OPG Securities in NSE Co-Location Case

  • SEBI has ordered OPG Securities and its directors to pay ₹5.35 crore within 15 days for unfair access to NSE servers, warning of asset and bank account attachment if unpaid.
  • The fine stems from a broader NSE co-location case where SEBI found repeated unfair access and serious violations of market conduct by the firm and its leadership.
  • Source: CNBCTV-18
4) SEBI Clears IPO Papers of Kent RO, Karamtara Engineering, and Two Others

  • SEBI has approved IPO plans for Kent RO Systems, Karamtara Engineering, Mangal Electrical Industries, and Vidya Wires, with a combined fundraising potential of at least ₹2,500 crore.
  • Kent RO’s IPO is a 100% Offer for Sale; Karamtara’s issue includes ₹1,350 crore fresh issue and ₹400 crore OFS; Mangal Electrical’s ₹450 crore IPO is entirely fresh issue; Vidya Wires plans ₹320 crore fresh issue plus OFS.
  • Source: Moneycontrol

B) Automobile:

1) China’s Rare Earth Curb Pressures Indian Auto Stocks

  • Auto stocks like Maruti Suzuki, Tata Motors, M&M, Bajaj Auto, and TVS Motor are under pressure after China curbed rare earth exports, key for EV production.
  • The Nifty Auto index dropped 1.6% in the past five sessions; Samvardhan Motherson and Ashok Leyland were among the top losers.
  • Source: Financial Express

C) Pharma:

1) Pharma Body Opposes Entry Curbs on Medical Representatives

  • The Indian Pharmaceutical Alliance (IPA) has raised concerns over the ban on medical representatives in central government hospitals, calling it a hurdle to knowledge sharing and patient care.
  • IPA is urging the government to reconsider and allow structured engagement, citing risks to pharma growth, job losses, and delayed access to new therapies.
  • Source: Economic Times

D) Telecommunication:

1) Telecom Department Fines Airtel ₹1.01 Lakh for Verification Lapses

  • The Department of Telecommunications has fined Bharti Airtel ₹1.01 lakh for failing to properly verify customer details, as found in an April audit.
  • Airtel accepted the penalty without appeal and confirmed payment, in line with DoT's subscriber verification norms.
  • Source: Financial Express
2) MTNL Shares Surge 5% as Govt Extends Telecom Preference to State Depts

  • MTNL stock jumped 5.42% to ₹52.24 after the Department of Telecommunications directed state governments to prefer BSNL and MTNL for telecom services due to data security concerns.
  • Previously applicable only to central government entities, the preference now includes state departments and PSUs, potentially impacting private telecom firms' government contract revenue.
  • MTNL has shown strong returns—34% over the past year and 476% over five years—supported by a Q3 FY25 profit of ₹262 crore, its first since 2007–08, and increased investments in 4G and fibre.
  • Source: Trade Brains
3) DRA Infra-Siemens JV Wins ₹4,140 Cr Bullet Train Signalling Contract

  • A joint venture between Dineshchandra R Agrawal Infracon (DRA Infra) and Germany’s Siemens has received the Letter of Acceptance (LoA) from the National High Speed Rail Corporation (NHSRCL) for the Mumbai-Ahmedabad bullet train project.
  • The ₹4,140.06 crore contract (Package MAHSR-S-1) includes end-to-end design, manufacturing, supply, installation, integration, testing, commissioning, and maintenance of signalling, telecommunication, and control centre systems.
  • Source: Projects Today

E) Energy:

1) IndianOil Overtakes RIL & Nayara in Bulk Diesel Market

  • IndianOil’s bulk diesel market share rose to 53.5% in April–May 2025, from 43.6% a year earlier, surpassing Reliance and Nayara.
  • The jump follows new chairman A.S. Sahney’s strategy shift toward volume over margin. 
  • Source: Economic Times
2) TrueAlt Gets OMC Status, to Open 100 Fuel Outlets

  • TruAlt Bioenergy has received OMC authorisation from the petroleum ministry and plans to launch 100 fuel retail outlets in north Karnataka and south Maharashtra.
  • The pumps will offer petrol, diesel, E93, bio-CNG, EV charging, and battery swapping, tapping into India’s ethanol blending push. 
  • Source: Economic Times

F) Infrastructure:

1) Real Estate Up 48% in 5 Years — Is the Rally Nearing a Peak?

  • India’s housing prices rose 48% from 2020 to 2025, with Bengaluru leading the pack at +79%, while cities like Hyderabad and Chennai show signs of supply-demand imbalance and inventory buildup.
  • Experts suggest the market is at a sentiment crossroads, as buyers weigh fear of missing out versus fear of buying at the peak. 
  • Source: Business Today
 Indian Economy and Government Initiatives:
  • India Inc’s capex is set to double to $850 billion over five years, led by power, transmission, airlines, and green hydrogen, driven by strong cash flows and policy support. 
  • S&P expects top firms like NTPC, Tata Power, and Adani to spearhead the investment while keeping leverage manageable.
 Indian Stock Market Update:

  • Nifty closed flat at 25,104.25; a move above 25,200 could lead to 25,600, with support at 24,900–25,000.
  • Bank Nifty fell 0.37%; Realty declined while IT, pharma, and energy gained.
  • Markets await cues from Trump’s speech, U.S. inflation data, and India’s CPI on Thursday.

 Bonus Briefs:

  • The US and China have agreed on a roadmap to ease trade tensions, potentially calming global markets.
  • Trade friction with Canada and volatile crude oil prices continue to pose risks to economic stability.
  • Amid global policy tightening, India is outperforming the US, EU, and China due to resilient domestic demand and policy momentum.



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