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Airbus emphasized that the fatal Boeing 787 crash in India, killing over 240, shouldn't create competitive advantage but should enhance industry safety. The tragedy, Boeing's first 787 loss, highlights aviation's high safety standards. Airbus plans to maintain production targets and improve supply chain efficiency, while pausing share buybacks due to market volatility.

Wall Street ended sharply lower Friday as Iran launched missiles at Israel, escalating Middle East tensions and spooking investors. The S&P 500 fell 1.13%, the Nasdaq dropped 1.30%, and the Dow declined 1.79%. Oil prices surged 7% amid supply concerns, lifting energy stocks, while airline and tech stocks fell. Defense stocks rose, and investor confidence weakened.

Spectrum Foods reported a 23.79% decline in net sales to Rs. 4.82 crore in March 2025, with a net loss of Rs. 4.21 crore, up 18.08% year-over-year. EBITDA stood at a negative Rs. 3.96 crore, increasing 18.52% from the previous year. The stock closed at Rs. 24.77 on June 12, 2025, delivering -22.45% returns over six months and -13.33% over twelve months.

Axis Solutions reported strong standalone quarterly results for March 2025, with net sales rising 77.4% year-over-year to Rs 98.59 crore and net profit increasing 22.69% to Rs 14.23 crore. EBITDA surged 497.27% to Rs 15.29 crore, while EPS grew to Rs 3.15 from Rs 2.62. The company demonstrated significant revenue and profitability growth during the quarter.

Utique Enterprises reported a standalone quarterly net sales of Rs 26.63 crore in March 2025, marking an 80,348.34% year-over-year increase. The company incurred a net loss of Rs 0.89 crore, down 40,695.45% from the previous year. EBITDA rose 330.77% to Rs 0.56 crore. Shares closed at Rs 5.15 on BSE, with -27.46% and -38.62% returns over 6 and 12 months, respectively.

Indo Thai Securities reported a standalone quarterly net loss of Rs 1.98 crore in March 2025, a 167.53% increase from the previous year. Net sales fell 8.02% to Rs 5.83 crore, and EBITDA dropped 129.41% to a negative Rs 1.30 crore. The stock closed at 1,729.00 on June 11, 2025, yielding 51.77% returns over six months and 478.16% over a year.

Reported Standalone quarterly numbers for Ironwood Education are: Net Sales at Rs 0.59 crore in March 2025 up 4.5% from Rs. 0.56 crore in March 2024. Quarterly Net Loss at Rs. 8.28 crore in March 2025 down 45.19% from Rs. 5.71 crore in March 2024. EBITDA stands at Rs. 0.18 crore in March 2025 up 5.88% from Rs. 0.17 crore in March 2024.

CREDAI launched the Green India Council to develop a cost-effective green building certification system for Tier-2 and Tier-3 cities and a Skilling Council to train 15,000 workers by mid-2025. It also partnered with Adani Cement for sustainable construction and announced a reforestation initiative to plant over 10 lakh trees across Nashik district.

Sensex and Nifty fell nearly 1% on Friday, with Sensex dropping 573.38 points to 81,118.60 and Nifty declining 169.60 points to 24,718.60. Weak global cues and rising crude oil prices, following Israel's strike on Iran, fueled caution. Analysts warn of further selling if Nifty breaks below 24,700, citing key technical levels.

Arbitrage mutual funds saw a 33% rise in net inflows in May, adding Rs 15,702 crore, driven by market volatility and demand for stable, low-risk options. These funds, taxed as equity funds, offered returns of 6.65-7.11% annually, outperforming short-term debt products. They exploit price spreads between spot and futures markets, attracting investors seeking predictable returns amidst volatility.

NTPC has secured a $750 million foreign currency loan from Bank of Baroda and HDFC Bank, split into a $500 million base amount and a $250 million greenshoe option. The 10-year loan will fund capital expenditures, FGD projects, renewable energy initiatives, and refinance existing ECBs. This is Bank of Baroda's largest foreign currency loan and HDFC Bank's first to NTPC.

Japan's Finance Minister, Katsunobu Kato, emphasized dialogue with market participants to ensure stable government bond transactions as the Bank of Japan reduces purchases. An upcoming meeting with primary dealers on June 20 precedes expected BOJ action. Recent record-high yields and fiscal concerns may prompt issuance plan reviews.

Aakash Swaroop, a seasoned investment banking professional with over 20 years of experience, has joined HSBC Securities and Capital Markets as a Director in India. He previously spent 12 years at MUFG, focusing on healthcare, consumer sectors, and digital investments. His move follows HSBC's recent promotion of Nirvaer Sidhu and Ranvir Davda as co-heads of India investment banking.

Airbus emphasized that the fatal Boeing 787 crash in India, killing over 240, shouldn't create competitive advantage but should enhance industry safety. The tragedy, Boeing's first 787 loss, highlights aviation's high safety standards. Airbus plans to maintain production targets and improve supply chain efficiency, while pausing share buybacks due to market volatility.

Wall Street ended sharply lower Friday as Iran launched missiles at Israel, escalating Middle East tensions and spooking investors. The S&P 500 fell 1.13%, the Nasdaq dropped 1.30%, and the Dow declined 1.79%. Oil prices surged 7% amid supply concerns, lifting energy stocks, while airline and tech stocks fell. Defense stocks rose, and investor confidence weakened.

Spectrum Foods reported a 23.79% decline in net sales to Rs. 4.82 crore in March 2025, with a net loss of Rs. 4.21 crore, up 18.08% year-over-year. EBITDA stood at a negative Rs. 3.96 crore, increasing 18.52% from the previous year. The stock closed at Rs. 24.77 on June 12, 2025, delivering -22.45% returns over six months and -13.33% over twelve months.

Axis Solutions reported strong standalone quarterly results for March 2025, with net sales rising 77.4% year-over-year to Rs 98.59 crore and net profit increasing 22.69% to Rs 14.23 crore. EBITDA surged 497.27% to Rs 15.29 crore, while EPS grew to Rs 3.15 from Rs 2.62. The company demonstrated significant revenue and profitability growth during the quarter.

Utique Enterprises reported a standalone quarterly net sales of Rs 26.63 crore in March 2025, marking an 80,348.34% year-over-year increase. The company incurred a net loss of Rs 0.89 crore, down 40,695.45% from the previous year. EBITDA rose 330.77% to Rs 0.56 crore. Shares closed at Rs 5.15 on BSE, with -27.46% and -38.62% returns over 6 and 12 months, respectively.

Indo Thai Securities reported a standalone quarterly net loss of Rs 1.98 crore in March 2025, a 167.53% increase from the previous year. Net sales fell 8.02% to Rs 5.83 crore, and EBITDA dropped 129.41% to a negative Rs 1.30 crore. The stock closed at 1,729.00 on June 11, 2025, yielding 51.77% returns over six months and 478.16% over a year.

Reported Standalone quarterly numbers for Ironwood Education are: Net Sales at Rs 0.59 crore in March 2025 up 4.5% from Rs. 0.56 crore in March 2024. Quarterly Net Loss at Rs. 8.28 crore in March 2025 down 45.19% from Rs. 5.71 crore in March 2024. EBITDA stands at Rs. 0.18 crore in March 2025 up 5.88% from Rs. 0.17 crore in March 2024.

CREDAI launched the Green India Council to develop a cost-effective green building certification system for Tier-2 and Tier-3 cities and a Skilling Council to train 15,000 workers by mid-2025. It also partnered with Adani Cement for sustainable construction and announced a reforestation initiative to plant over 10 lakh trees across Nashik district.

Sensex and Nifty fell nearly 1% on Friday, with Sensex dropping 573.38 points to 81,118.60 and Nifty declining 169.60 points to 24,718.60. Weak global cues and rising crude oil prices, following Israel's strike on Iran, fueled caution. Analysts warn of further selling if Nifty breaks below 24,700, citing key technical levels.

Arbitrage mutual funds saw a 33% rise in net inflows in May, adding Rs 15,702 crore, driven by market volatility and demand for stable, low-risk options. These funds, taxed as equity funds, offered returns of 6.65-7.11% annually, outperforming short-term debt products. They exploit price spreads between spot and futures markets, attracting investors seeking predictable returns amidst volatility.

NTPC has secured a $750 million foreign currency loan from Bank of Baroda and HDFC Bank, split into a $500 million base amount and a $250 million greenshoe option. The 10-year loan will fund capital expenditures, FGD projects, renewable energy initiatives, and refinance existing ECBs. This is Bank of Baroda's largest foreign currency loan and HDFC Bank's first to NTPC.

Japan's Finance Minister, Katsunobu Kato, emphasized dialogue with market participants to ensure stable government bond transactions as the Bank of Japan reduces purchases. An upcoming meeting with primary dealers on June 20 precedes expected BOJ action. Recent record-high yields and fiscal concerns may prompt issuance plan reviews.

Aakash Swaroop, a seasoned investment banking professional with over 20 years of experience, has joined HSBC Securities and Capital Markets as a Director in India. He previously spent 12 years at MUFG, focusing on healthcare, consumer sectors, and digital investments. His move follows HSBC's recent promotion of Nirvaer Sidhu and Ranvir Davda as co-heads of India investment banking.

India may relax its 50% localization requirement for electric vehicle makers due to China's rare earth export curbs, which threaten to disrupt supply chains and hinder compliance with the Production-Linked Incentives program. Automakers are considering importing fully-built motors or sub-assemblies from China, adding costs of up to 5,000 rupees per unit, undermining self-reliance goals.

Global airline stocks dropped Friday after Israel's airstrikes in Iran led Middle Eastern countries to close airspace, disrupting commercial flights. European carriers like Air France-KLM and British Airways fell over 3%, while Asian airlines such as Japan Airlines and Turkish Airlines also declined. Rising oil prices, up 8.3%, added concerns about higher fuel costs for airlines.

ACME Solar Holdings Ltd (ACME Solar) on Friday said it has commissioned 19.8 MW of wind power capacity in Gujarat, taking its total operational renewable capacity to 2,826.2 MW. In May, it commissioned 26.4 MW of wind capacity of a 50 MW project planned at Shapur in Gujarat, the company said in a statement. The company, in the current phase, has commissioned an additional 19.8 MW.

State-owned banks raised ₹1,814 crore via green deposits in FY25, primarily for renewable energy and clean transportation. Bank of Baroda led with ₹1,063.44 crore, followed by Punjab National Bank (₹394.31 crore), Canara Bank (₹134.71 crore), and SBI (₹105.92 crore). The RBI introduced a green deposit framework in April 2023 to promote sustainable finance and address greenwashing concerns.

Israel halted production at its largest natural gas field, Leviathan, due to security concerns, reducing supply to Egypt, which heavily relies on energy imports. The shutdown has decreased gas deliveries, potentially forcing Egypt to accelerate liquefied natural gas purchases, tightening global markets. European gas prices rose 6.6% amid heightened demand and supply disruptions.

Indian equities were the top-performing globally over three months to May 2025, rising 16% in USD terms, outpacing emerging and developed markets. Small-cap stocks led with 21% returns, while services PMI improved, indicating economic recovery. Fiscal deficit and inflation trends remained favorable, supported by RBI's policy easing, positioning India resiliently amid global volatility.

Shares of Singapore Airlines, which holds 25.1% stake in Air India, dropped on Singapore Exchange on Friday, a day after Indian carrier's plane crash in Ahmedabad. Shares of SIA closed at SGD 6.94 on Friday, down 1.28% over its previous close. Air India's Boeing 787-8 Dreamliner aircraft, operating a flight from Ahmedabad to London Gatwick, crashed soon after the take-off on Thursday afternoon.

Ace investor Rakesh Jhunjhunwala linked entity on Friday sold 13 lakh shares worth Rs 159 crore of Nazara Technologies via a block deal. The entity called Estate of Late Mr. Rakesh Jhunjhunwala offloaded shares at a price of Rs 1,225.19 a piece which was at a 2% discount over the Thursday closing price of Rs 1,246.80.Shares of Nazara Technologies ended at Rs 1,325 on the NSE.

Foreign institutional investors (FIIs) remained net sellers in Indian equities for the second consecutive week, offloading ₹1,246 crore, while domestic institutional investors (DIIs) bought ₹18,637 crore. FIIs saw their highest single-day outflow of ₹3,831 crore on June 12. DIIs continued strong buying, with ₹9,394 crore on June 12. The BSE Sensex and NSE Nifty 50 dropped around 1% for the week.

Trade talks between India and the US are delayed due to disagreements over agricultural products like apples, corn, and soybeans. The US seeks greater market access, while India aims to protect domestic farmers. Key issues include high tariffs on US apples, GMO concerns for corn and soybeans, and the potential impact on Indian growers. Negotiations continue amid differing priorities.

Vedanta's board will meet on June 18 to consider the first interim dividend for FY25-26, with eligibility for shareholders as of June 24. The company distributed Rs 35 per share in FY25 and Rs 46 over 12 months, yielding 9-11%. Vedanta, a leading metals and mining firm, reported Rs 41,217 crore in FY24 revenues and Rs 3,483 crore in net profit.

Sebi urged CFOs to reduce the time lag between financial results and annual reports to enhance investor transparency and trust. The current gap of 70-140 days should be shortened, as full reports provide detailed disclosures. Sebi emphasized CFOs' evolving role as value architects, ensuring compliance with accounting principles and fostering collaborative financial disclosures.

Moody's upgraded Yes Bank's rating to Ba2 from Ba3 with a stable outlook, citing improved credit profile, and raised its baseline credit assessment to ba3. RBI approved a six-month extension for CEO Prashant Kumar. Japan's SMBC acquired a 20% stake for Rs 13,483 crore. Shares closed 0.88% lower at Rs 20.24.

India Home Loans reported a 60.05% rise in March 2025 quarterly net sales to Rs. 3.73 crore, with net profit increasing 100.53% to Rs. 0.01 crore. EBITDA surged 854.55% to Rs. 2.10 crore. EPS improved to Rs. 0.01 from Rs. 1.48. Shares closed at 34.64 on BSE, yielding 0.03% over six months and 10% annually.

Airbus emphasized that the fatal Boeing 787 crash in India, killing over 240, shouldn't create competitive advantage but should enhance industry safety. The tragedy, Boeing's first 787 loss, highlights aviation's high safety standards. Airbus plans to maintain production targets and improve supply chain efficiency, while pausing share buybacks due to market volatility.

Wall Street ended sharply lower Friday as Iran launched missiles at Israel, escalating Middle East tensions and spooking investors. The S&P 500 fell 1.13%, the Nasdaq dropped 1.30%, and the Dow declined 1.79%. Oil prices surged 7% amid supply concerns, lifting energy stocks, while airline and tech stocks fell. Defense stocks rose, and investor confidence weakened.

Spectrum Foods reported a 23.79% decline in net sales to Rs. 4.82 crore in March 2025, with a net loss of Rs. 4.21 crore, up 18.08% year-over-year. EBITDA stood at a negative Rs. 3.96 crore, increasing 18.52% from the previous year. The stock closed at Rs. 24.77 on June 12, 2025, delivering -22.45% returns over six months and -13.33% over twelve months.

Axis Solutions reported strong standalone quarterly results for March 2025, with net sales rising 77.4% year-over-year to Rs 98.59 crore and net profit increasing 22.69% to Rs 14.23 crore. EBITDA surged 497.27% to Rs 15.29 crore, while EPS grew to Rs 3.15 from Rs 2.62. The company demonstrated significant revenue and profitability growth during the quarter.

Utique Enterprises reported a standalone quarterly net sales of Rs 26.63 crore in March 2025, marking an 80,348.34% year-over-year increase. The company incurred a net loss of Rs 0.89 crore, down 40,695.45% from the previous year. EBITDA rose 330.77% to Rs 0.56 crore. Shares closed at Rs 5.15 on BSE, with -27.46% and -38.62% returns over 6 and 12 months, respectively.

Indo Thai Securities reported a standalone quarterly net loss of Rs 1.98 crore in March 2025, a 167.53% increase from the previous year. Net sales fell 8.02% to Rs 5.83 crore, and EBITDA dropped 129.41% to a negative Rs 1.30 crore. The stock closed at 1,729.00 on June 11, 2025, yielding 51.77% returns over six months and 478.16% over a year.

Reported Standalone quarterly numbers for Ironwood Education are: Net Sales at Rs 0.59 crore in March 2025 up 4.5% from Rs. 0.56 crore in March 2024. Quarterly Net Loss at Rs. 8.28 crore in March 2025 down 45.19% from Rs. 5.71 crore in March 2024. EBITDA stands at Rs. 0.18 crore in March 2025 up 5.88% from Rs. 0.17 crore in March 2024.

CREDAI launched the Green India Council to develop a cost-effective green building certification system for Tier-2 and Tier-3 cities and a Skilling Council to train 15,000 workers by mid-2025. It also partnered with Adani Cement for sustainable construction and announced a reforestation initiative to plant over 10 lakh trees across Nashik district.

Sensex and Nifty fell nearly 1% on Friday, with Sensex dropping 573.38 points to 81,118.60 and Nifty declining 169.60 points to 24,718.60. Weak global cues and rising crude oil prices, following Israel's strike on Iran, fueled caution. Analysts warn of further selling if Nifty breaks below 24,700, citing key technical levels.

Arbitrage mutual funds saw a 33% rise in net inflows in May, adding Rs 15,702 crore, driven by market volatility and demand for stable, low-risk options. These funds, taxed as equity funds, offered returns of 6.65-7.11% annually, outperforming short-term debt products. They exploit price spreads between spot and futures markets, attracting investors seeking predictable returns amidst volatility.

NTPC has secured a $750 million foreign currency loan from Bank of Baroda and HDFC Bank, split into a $500 million base amount and a $250 million greenshoe option. The 10-year loan will fund capital expenditures, FGD projects, renewable energy initiatives, and refinance existing ECBs. This is Bank of Baroda's largest foreign currency loan and HDFC Bank's first to NTPC.

Japan's Finance Minister, Katsunobu Kato, emphasized dialogue with market participants to ensure stable government bond transactions as the Bank of Japan reduces purchases. An upcoming meeting with primary dealers on June 20 precedes expected BOJ action. Recent record-high yields and fiscal concerns may prompt issuance plan reviews.

Aakash Swaroop, a seasoned investment banking professional with over 20 years of experience, has joined HSBC Securities and Capital Markets as a Director in India. He previously spent 12 years at MUFG, focusing on healthcare, consumer sectors, and digital investments. His move follows HSBC's recent promotion of Nirvaer Sidhu and Ranvir Davda as co-heads of India investment banking.

India may relax its 50% localization requirement for electric vehicle makers due to China's rare earth export curbs, which threaten to disrupt supply chains and hinder compliance with the Production-Linked Incentives program. Automakers are considering importing fully-built motors or sub-assemblies from China, adding costs of up to 5,000 rupees per unit, undermining self-reliance goals.

Global airline stocks dropped Friday after Israel's airstrikes in Iran led Middle Eastern countries to close airspace, disrupting commercial flights. European carriers like Air France-KLM and British Airways fell over 3%, while Asian airlines such as Japan Airlines and Turkish Airlines also declined. Rising oil prices, up 8.3%, added concerns about higher fuel costs for airlines.

ACME Solar Holdings Ltd (ACME Solar) on Friday said it has commissioned 19.8 MW of wind power capacity in Gujarat, taking its total operational renewable capacity to 2,826.2 MW. In May, it commissioned 26.4 MW of wind capacity of a 50 MW project planned at Shapur in Gujarat, the company said in a statement. The company, in the current phase, has commissioned an additional 19.8 MW.

State-owned banks raised ₹1,814 crore via green deposits in FY25, primarily for renewable energy and clean transportation. Bank of Baroda led with ₹1,063.44 crore, followed by Punjab National Bank (₹394.31 crore), Canara Bank (₹134.71 crore), and SBI (₹105.92 crore). The RBI introduced a green deposit framework in April 2023 to promote sustainable finance and address greenwashing concerns.

Israel halted production at its largest natural gas field, Leviathan, due to security concerns, reducing supply to Egypt, which heavily relies on energy imports. The shutdown has decreased gas deliveries, potentially forcing Egypt to accelerate liquefied natural gas purchases, tightening global markets. European gas prices rose 6.6% amid heightened demand and supply disruptions.

Indian equities were the top-performing globally over three months to May 2025, rising 16% in USD terms, outpacing emerging and developed markets. Small-cap stocks led with 21% returns, while services PMI improved, indicating economic recovery. Fiscal deficit and inflation trends remained favorable, supported by RBI's policy easing, positioning India resiliently amid global volatility.

Shares of Singapore Airlines, which holds 25.1% stake in Air India, dropped on Singapore Exchange on Friday, a day after Indian carrier's plane crash in Ahmedabad. Shares of SIA closed at SGD 6.94 on Friday, down 1.28% over its previous close. Air India's Boeing 787-8 Dreamliner aircraft, operating a flight from Ahmedabad to London Gatwick, crashed soon after the take-off on Thursday afternoon.

Ace investor Rakesh Jhunjhunwala linked entity on Friday sold 13 lakh shares worth Rs 159 crore of Nazara Technologies via a block deal. The entity called Estate of Late Mr. Rakesh Jhunjhunwala offloaded shares at a price of Rs 1,225.19 a piece which was at a 2% discount over the Thursday closing price of Rs 1,246.80.Shares of Nazara Technologies ended at Rs 1,325 on the NSE.

Foreign institutional investors (FIIs) remained net sellers in Indian equities for the second consecutive week, offloading ₹1,246 crore, while domestic institutional investors (DIIs) bought ₹18,637 crore. FIIs saw their highest single-day outflow of ₹3,831 crore on June 12. DIIs continued strong buying, with ₹9,394 crore on June 12. The BSE Sensex and NSE Nifty 50 dropped around 1% for the week.

Trade talks between India and the US are delayed due to disagreements over agricultural products like apples, corn, and soybeans. The US seeks greater market access, while India aims to protect domestic farmers. Key issues include high tariffs on US apples, GMO concerns for corn and soybeans, and the potential impact on Indian growers. Negotiations continue amid differing priorities.

Vedanta's board will meet on June 18 to consider the first interim dividend for FY25-26, with eligibility for shareholders as of June 24. The company distributed Rs 35 per share in FY25 and Rs 46 over 12 months, yielding 9-11%. Vedanta, a leading metals and mining firm, reported Rs 41,217 crore in FY24 revenues and Rs 3,483 crore in net profit.

Sebi urged CFOs to reduce the time lag between financial results and annual reports to enhance investor transparency and trust. The current gap of 70-140 days should be shortened, as full reports provide detailed disclosures. Sebi emphasized CFOs' evolving role as value architects, ensuring compliance with accounting principles and fostering collaborative financial disclosures.

Moody's upgraded Yes Bank's rating to Ba2 from Ba3 with a stable outlook, citing improved credit profile, and raised its baseline credit assessment to ba3. RBI approved a six-month extension for CEO Prashant Kumar. Japan's SMBC acquired a 20% stake for Rs 13,483 crore. Shares closed 0.88% lower at Rs 20.24.

India Home Loans reported a 60.05% rise in March 2025 quarterly net sales to Rs. 3.73 crore, with net profit increasing 100.53% to Rs. 0.01 crore. EBITDA surged 854.55% to Rs. 2.10 crore. EPS improved to Rs. 0.01 from Rs. 1.48. Shares closed at 34.64 on BSE, yielding 0.03% over six months and 10% annually.