Pankaj Polymers Ltd News
Corporate India's revenue growth underperforms GDP expansion again
The combined revenues of BS1000 companies grew by 6.4 per cent in FY25 against 9.8 per cent growth in GDP at current prices
 "Corporate India's revenue growth underperforms GDP expansion again")
US Fed keeps rates steady for 4th straight meeting, remains open for cuts
US Federal Reserve decided on Wednesday to keep interest rates unchanged, while indicating that reductions could still be on the table in the second half of the year
 "US Fed keeps rates steady for 4th straight meeting, remains open for cuts")
Reverse-flipping and startup IPOs get boost as Sebi relaxes norms
Sebi allows ESOP, convertible security holding at DRHP stage, relaxes PSU delisting, FPI norms; proposes fee transparency, simplifies documents for investors
 "Reverse-flipping and startup IPOs get boost as Sebi relaxes norms")
Sebi clears reforms to ease business for REITs, InvIT structures, bankers
Sebi has also permitted merchant bankers to carry out activities falling outside the purview of the regulator under the same firm. This is subject to certain conditions
 "Sebi clears reforms to ease business for REITs, InvIT structures, bankers")
Upcoming IPO: PNGS Reva Diamond Jewellery files DRHP with Sebi; details
PNGS Reva Diamond Jewellery aims to raise ₹450 crore through the public offering, which comprises an entirely fresh issue of equity shares with a face value of ₹10 apiece
 "Upcoming IPO: PNGS Reva Diamond Jewellery files DRHP with Sebi; details")
Expansion positives factored into the valuations of Hindustan Zinc
The company expects revenues to rise from Rs 34,100 crore in FY25 to Rs 40,000-42,000 crore with phase-I expansion, and further rise to Rs 62,000 to Rs 65,000 crore upon completion of plan
 "Expansion positives factored into the valuations of Hindustan Zinc")
MFs' mcap baskets set for reshuffle; Largecap, midcap cut offs to decline
The changes, especially in the largecap space, is expected to be the highest in recent years, given the volatility in 2025 so far
 "MFs' mcap baskets set for reshuffle; Largecap, midcap cut offs to decline")
Sebi unveils settlement scheme for NSEL brokers facing regulatory action
This long-awaited move is expected to bring major relief to traders whose funds have been stuck since the NSEL payment crisis in July 2013
 "Sebi unveils settlement scheme for NSEL brokers facing regulatory action")
Brokerages cut EPS estimates, downgrade Voltas on weak RAC demand outlook
According to JM Financial, Voltas and the overall RAC industry saw a 20-25 per cent year-on-year (Y-o-Y) volume decline in April and May, primarily due to unseasonal weather.
 "Brokerages cut EPS estimates, downgrade Voltas on weak RAC demand outlook")
IndusInd Bank gains 5% as Nomura upgrades the stock to 'Buy' category
Nomura upgrades IndusInd Bank to 'Buy' citing governance reset, RBI comfort and expected leadership change; sees 1.1x FY27 book value, targets ₹1,050
 "IndusInd Bank gains 5% as Nomura upgrades the stock to 'Buy' category")
