nanika Editor

Adversity Strengthened Faith in Rule of Law, Says Gautam Adani Adani Group Chairman Gautam Adani said the recent dismissal of the US criminal case against him and his nephew Sagar Adani reinforced his faith in the rule of law and strengthened his belief in upholding commitments during difficult times. Speaking to employees and partners, Adani said the experience left him with humility rather than a sense of triumph. Reflecting on the challenges faced by the group since the Hindenburg Research allegations in 2023, he highlighted the importance of values, trust and responsible decision-making. He recalled the group’s decision to withdraw…

Regulatory measures introduced by the Securities and Exchange Board of India (SEBI) helped reduce the aggregate net losses of retail investors in the equity derivatives segment to ₹91,685 crore in FY26, down from ₹1.12 trillion in the previous financial year, Parliament was informed on Tuesday. The government said SEBI has introduced several measures since November 2024 to strengthen the futures and options (F&O) market and address risks faced by retail investors. These measures have contributed to a decline in the number of retail participants, their overall losses and trading volumes in the equity derivatives segment. Key steps include rationalising weekly…

The Food Safety and Standards Authority of India (FSSAI) has imposed a penalty on edible oil major AWL Agri Business Ltd for manufacturing and marketing substandard fortified sunflower cooking oil under its popular Fortune brand. The action was taken after a product sample failed to meet the prescribed food safety standards during laboratory testing. According to FSSAI, a sample of Fortune “Fryola” refined sunflower seed oil collected from Taj Fort Aguada Resort & Spa in Goa was found to have Vitamin A and Vitamin D levels below the limits specified under the Food Safety and Standards (Fortification of Foods) Regulations,…

Nestlé India has said that consumption in the fast-moving consumer goods (FMCG) sector has slowed, but remains confident that its medium- to long-term growth outlook is strong. The company noted that India continues to offer one of the world's most promising long-term consumer markets, despite ongoing economic and geopolitical challenges. Company Chairman Suresh Narayanan Tiwary said the business continues to face uncertainties related to energy costs, packaging materials, edible oil prices, shipping disruptions, and currency volatility. However, he expressed confidence in the company's ability to navigate these challenges while continuing to meet evolving consumer demand. Nestlé India is expanding its…

Bajaj Finserv has announced its entry into India’s reinsurance sector, with its board approving the move subject to approval from the Insurance Regulatory and Development Authority of India (IRDAI). The development makes Bajaj Finserv the third private-sector player in nearly a year to announce plans to enter the domestic reinsurance market, which has traditionally been dominated by state-owned General Insurance Corporation of India (GIC Re). The move comes amid growing interest in India’s reinsurance industry, driven by rising insurance demand, regulatory reforms, economic expansion and efforts to strengthen domestic risk management capacity. In March 2025, Valueattics Re became the first…

Adani Energy Solutions may launch another institutional share sale in the next financial year, after raising around ₹3,500 crore through a similar fundraising exercise this week, according to sources familiar with the matter. The company, part of billionaire Gautam Adani’s ports-to-power conglomerate, is considering another Qualified Institutional Placement (QIP) as it looks to strengthen its capital base and support future expansion plans. The company already has shareholder approval to raise up to ₹10,000 crore through share issuances in one or more tranches. Over the past eight months, Adani Group companies have raised approximately $4.75 billion through QIPs and rights issues.…