Business

SEBI has barred Gensol Engineering promoters – Anmol Singh Jaggi and Puneet Singh Jaggi – from the securities market. Source

India Business News: India and the European Union are set to begin the 11th round of FTA negotiations, aiming to finalize the first phase soon and the second by 2025. Disc Source

The closure of these airports for regular flight operations is leading to cancellation of over 400 flights a day. Source

Tata Motors shares extended their upward momentum for a third consecutive session on Friday; Key points for investors Source

In July 2024 EV cab service BluSmart raised Rs 200 crore in funding from new investors like ex-India cricket team captain MS Dhoni. But, less than a year later, it has shut operations amid Sebi investigation into car leasers Gensol. Source

India Business News: Faced with deposit growth challenges, Canara Bank launched an internal campaign, tasking its 82,000 employees to mobilize deposits. This initiative, s Source

India opposed the frequent bailouts to Pakistan in the IMF board meeting, pointing out that such a track record calls into question either the effectiveness of the IMF programme designs for Pakistan or their monitoring or their implementation by Pakistan. Source

Indian Defence stocks are in focus due to heightened India-Pakistan tensions after ‘Operation Sindoor’. Source

Adani Ports and SEZ Ltd, India’s biggest private port operator, announced on Thursday a $2.4 billion non-cash acquisition of a coal export terminal in Australia from a group company to strengthen its presence in the Asia-Pacific region. Source

India Business News: India’s recent free trade agreement with the UK excludes British wines from import duty concessions and offers limited relief on UK beer, prioritizing Source