Business

Sun TV Network defends promoter Kalanithi, says all legal obligations met Source

India Business News: Indian Railways passengers facing issues like significant delays, non-functional AC, or route diversions can now claim refunds by filing a Ticket Depo Source

Nomura Holdings Inc. agreed to purchase Macquarie Group Ltd.’s US and European public asset management business for $1.8 billion, marking the Japanese brokerage’s most significant overseas acquisition since it bought Lehman Brothers assets in 2008.  Source

LKMM Trust files Rs 1,000 crore defamation lawsuit against HDFC Bank CEO Sashidhar Jagdishan for alleged defamatory statements. Source

Infrastructure News: The government, through NHAI and Union Minister Nitin Gadkari, has refuted media reports suggesting toll charges for two-wheelers. NHAI clarified on X Source

The RBI cut interest rates by a quarter point to 6% on April 9, and changed its policy stance to “accommodative,” indicating more interest-rate cuts. That followed a 25 basis point reduction in February, the first in about five years. Source

Silver is emerging as a key player in investment portfolios due to industrial demand and clean energy transition, with silver ETFs seeing a 125% rise in AUM. Source

India Business News: Homegrown FMCG firm Dharampal Satyapal Group’s Pulse candy is poised to become a Rs 1,000-crore brand within two years, projecting its current sales. Source

The real GDP growth for India for 2025-26, as per the Reserve Bank of India, is projected at 6.5 per cent lower than earlier projection of 6.7 per cent, with Q1 growth seen at 6.5 per cent; Q2 at 6.7 per cent; Q3 at 6.6 per cent; and Q4 at 6.3 per cent. Source

The GMP of the Sambhv Steel Tubes IPO currently stands at 9.76%, indicating mild listing gains. Source