March 2026 will be remembered as one of the darkest months in the history of Indian equity markets. Foreign Institutional Investors (FIIs) offloaded a staggering ₹1.11 lakh crore worth of shares, triggering a sharp sell-off across sectors and wiping out trillions in market capitalization. The exodus of foreign capital not only rattled investor confidence but…
The Central Bureau of Investigation (CBI) has registered a new case against Anil Ambani and Reliance Communications (RCOM) for allegedly defrauding the Life Insurance Corporation of India (LIC) of over ₹3,750–₹4,500 crore through non-convertible debentures (NCDs). The case involves charges of conspiracy, cheating, misappropriation, and breach of trust. Background of the Case Between 2009 and…
India’s corporate landscape has once again been thrust into the spotlight as billionaire industrialist Anil Agarwal, founder of Vedanta Resources, has formally challenged Gautam Adani’s winning $4 billion bid for Jaiprakash Associates’ assets. The contested deal includes India’s only Formula One track, the Buddh International Circuit, along with a portfolio of infrastructure and real estate…
The financial sector in India has been rocked by the HDFC Bank bond mis-selling controversy, with senior executive Sampath Kumar announcing his decision to appeal against his termination. This case has drawn widespread attention, not only because of the allegations of mis-selling but also due to the implications it carries for corporate governance, investor protection,…
Atanu Chakraborty, a retired Indian Administrative Service (IAS) officer of the 1985 Gujarat cadre, has become the center of attention in India’s financial markets after his sudden resignation from HDFC Bank as part-time Chairman and Independent Director. His exit on March 18, 2026, triggered a massive sell-off in HDFC Bank shares, erasing more than ₹61,000…
