
In his new role, Kiran will be responsible for scaling HCLTech's Global Capability Center (GCC) practice by bringing focused offerings that leverage HCLTech's services and technology portfolio as well as corporate functions capabilities. To date, HCLTech has been a partner to 
over 200 GCCs in India. 

HCL Technologies appoints Kiran Cherukuri as Global GCC Practice Leader

Capital Market Automatic

Lumax Auto Technologies has signed an agreement to acquire the remaining 25% stake in IAC International Automotive India (IAC India) from the International Automotive Components Group (IAC Group). IAC Group will continue to support IAC India through a technology support agreement.

Lumax Auto Technologies to acquire balance 25% stake in IAC International Automotive India

STEL Holdings consolidated net profit rises 0.20% in the March 2025 quarter

Shankar Lal Rampal Dye-Chem standalone net profit rises 44.00% in the March 2025 quarter

Aaron Industries standalone net profit rises 18.03% in the March 2025 quarter

Garware Marine Industries reports standalone net profit of Rs 0.11 crore in the March 2025 quarter

The Reserve Bank of India (RBI) has, in December 2023, issued guidelines relating to investment by the regulated entities (REs) in Alternative Investment Funds (AIFs), with the objective of addressing certain concerns relating to possible evergreening through this route. Subsequently, certain clarifications were issued vide circular dated March 27, 2024. The bank noted today that on a review; it is observed that the regulatory measures undertaken by the Reserve Bank have brought financial discipline among the REs regarding their investment in AIFs. Meanwhile, SEBI has also issued guidelines requiring inter alia specific due diligence with respect to investors and investments of the AIFs, to prevent facilitation of circumvention of regulatory frameworks. In view of these developments, the Reserve Bank of India has issued the revised draft Directions today. The comments on the draft Directions are invited from public/stakeholders till June 8, 2025. 

RBI comes up with Revised Directions on Investment by Regulated Entities in Alternate Investment Funds

LIC's top equity holding in terms of value, Reliance Industries (RIL), has been one of the biggest contributors in its portfolio, with the stock's 25 per cent surge adding ₹26,515 crore in value

LIC portfolio recovers ₹1.8 trillion amid market rebound from April lows

Business Standard

IndusInd Bank

India's market regulator Sebi is investigating six IndusInd Bank officials for allegedly selling stock options while aware of undisclosed accounting discrepancies

Sebi probes six IndusInd Bank officials over insider trading claims: Report

market, stock markets, finance, mutual fund, SIP

Mutual fund assets surged 23 per cent or over Rs 12 lakh crore year-on-year to reach a record of Rs 65.74 lakh crore in FY25, propelled by robust net inflows and mark-to-market gains amid buoyant equity and debt markets.

Mutual fund assets surge 23% to hit record Rs 65.74 trillion in FY25

Press Trust of India

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