Rajesh Exports case shows why investors must look beyond profit and revenue growth: IIAS

Rajesh Exports won’t challenge SEBI interim order, to cooperate with fresh forensic audit

Bengaluru-based gold jewellery firm Rajesh Exports Ltd, which is under regulator SEBI’s scanner over suspected revenue inflation of up to ₹15.15 lakh crore for the 2020-21 to 2024-25 period, on Wednesday said it will fully cooperate with the fresh forensic audit ordered by the market watchdog and will not challenge the interim order. In an…

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IOL Chemicals reports minor fire incident at Minoxidil manufacturing unit in Punjab

IOL Chemicals reports minor fire incident at Minoxidil manufacturing unit in Punjab

Punjab-based IOL Chemicals and Pharmaceuticals Ltd on Wednesday (June 1) reported a minor fire incident at around 9:50 p.m. on June 9, 2026, at its Unit-9B Minoxidil manufacturing facility in Barnala, Punjab. The company stated that no injuries were reported to any employee or personnel, and no significant damage to plant, equipment, or property was…

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AI, oil worries have 'over-punished' India, masked long-term investment case, Blackrock says

AI, oil worries have ‘over-punished’ India, masked long-term investment case, Blackrock says

India’s equity market has been ”over-punished” for lacking a direct AI play and for higher oil risks, BlackRock said, arguing that record foreign outflows and a tougher macro backdrop have not derailed the country’s medium- to long-term investment case. BlackRock, the world’s largest asset manager, with more than $14 trillion in assets under management globally,…

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What’s likely to move markets in the next trading session on June 11?

What’s likely to move markets in the next trading session on June 11?

Indian markets on Thursday will closely monitor geopolitical tensions after US President Donald Trump warned Iran over missile activity. Investor focus will also remain on US inflation data amid recent energy-led price pressures. On Wall Street, weakness in technology and AI-linked stocks continue to remain in focus following recent declines. In Europe, expectations of a…

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SEBI bars Rajesh Exports promoter from securities market, alleges ₹15 lakh crore revenue gap

SEBI mistook Valcambi EBITDA for revenue, all documents submitted: REL chairman

Gold jewellery maker and exporter Rajesh Exports Ltd, currently under SEBI’s scanner, on Wednesday said that of the several thousand clarifications sought by the regulator over the past two-and-a-half years, only nine remain unresolved, with the alleged ₹15.15 lakh crore revenue inflation query being one of them. “All the other eight questions are minor. Even…

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