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Western Union Acquires Israeli Fintech GMT for $70M

Global remittance leader Western Union acquires Israeli fintech GMT for $70M, boosting its presence in Israel’s payments sector with integrated services and network.

Invesco India Ultra Short Duration Fund Launches Weekly IDCW Option

Invesco India Ultra Short Duration Fund Launches Weekly IDCW Option

Invesco Mutual Fund introduces a new weekly Income Distribution cum Capital Withdrawal (IDCW) option for its Ultra Short Duration Fund, effective June 16, 2026, offering enhanced liquidity.

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Adani Ports Invests $850M in Kaleris for Decarbonization

Adani Ports commits $850M to Kaleris for decarbonization and tech upgrades across 15 terminals. Amir Chand Jagdish Kumar also enters Oman’s rice market.

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Indian Bond Yields Dip on Easing Geopolitical Tensions

Indian 10-year bond yields fall to 6.86% as Middle East tensions ease and a US-Iran peace deal calms global markets and oil prices.

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Advit Jewels IPO: Rs 165 Cr Issue Opens June 23

Advit Jewels IPO opens June 23, aiming to raise Rs 165 crore with shares priced at Rs 130-138. Funds to boost working capital and repay debt.

Indian Hotels Expands Taj in Dharamshala, Amir Chand Enters Oman Market

Indian Hotels Expands Taj in Dharamshala; Amir Chand Enters Oman

Indian Hotels Company (IHCL) announces new Taj hotel in Dharamshala. Amir Chand partners for Aeroplane Rice distribution in Oman, boosting shares.

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Ex-Banker’s Fintech Regret: Return to High Finance?

A disillusioned ex-investment banker regrets her fintech startup venture and seeks advice on re-entering high finance, missing banking’s prestige and dynamism.

A green can of Nippon Paint sits on a concrete slab, with a blurred, unfinished building in the background.

Nippon Paint to Double India Plants, Targets €672M Revenue by 2029

Nippon Paint invests €56M to double India plants to 15 by 2029, targeting €672M revenue. Intensifies competition in the Indian paints market.

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Pine Labs Denies Profit Impact from Gift Card Breakage

Fintech firm Pine Labs refutes reports claiming gift card breakage changes will affect profitability, stating breakage income belongs to partners and isn’t material to revenue.

A large gray electrical transformer with ceramic insulators and cooling fins in a dry, open landscape under a clear sky. In the background are rows of solar panels and distant hills.

Marsons Secures $1M US Power Transformer Order for Renewables

Marsons Limited lands a ₹7.75 Cr ($820K) order for a 25 MVA power transformer from a US solar developer, marking its entry into the American renewable energy market.

An open KPMG report, titled "Redefining Excellence in the Age of Agentic AI," with a pen on its pages.

KPMG AI Report Retracted Over ‘Made-Up’ Case Studies

KPMG withdraws global AI report after UBS, NHS, and others dispute ‘made-up’ case studies, exposing AI hallucination risks in consulting.

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AIQ Markets & MarketAxess Launch AI-Native Bond Solution

AIQ Markets and MarketAxess partner to launch AIQ Insight™, an AI-native tool enhancing efficiency in the U.S. corporate bond market for traders and portfolio managers.

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Nvidia Raises $25 Billion in Landmark Bond Sale

Nvidia secures $25 billion in its first U.S. bond sale since 2021, boosting liquidity amid soaring AI infrastructure demand. Initial $20B target saw $85B investor interest.

Jagsonpal Services: Shilpa Soni Relieved as Company Secretary

Jagsonpal Services: Shilpa Soni Relieved as Company Secretary

Jagsonpal Services Limited announces Ms. Shilpa Soni’s relief as Company Secretary and Compliance Officer, effective June 15, 2026, following her resignation.

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Razorpay Files Confidentially for IPO, Aims for $500-600M

Fintech giant Razorpay has confidentially filed draft IPO papers with SEBI, aiming to raise $500-600 million. Learn about their growth and financial outlook.

A financial report titled "QUALIFIED OPINION" is on a desk next to a beige rotary telephone. An empty office chair is in the background.

Nutraplus India Posts ₹2.14 Lakh Net Loss in Q4FY25

Nutraplus India Limited reports a net loss of ₹2.14 lakh for Q4FY25 with zero revenue. Auditors issue qualified opinion due to compliance delays.

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Fintech + Insurtech Conference: Charlotte Fintech Week Highlights Innovation

Charlotte Fintech Week’s FIG conference, hosted by RevTech Labs, showcased fintech and insurtech innovation with AI applications, startup pitches, and global leader insights.

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June Currency Futures Rise, Rupee Weakens

June currency futures strengthen with a 0.34% rise in open interest, despite the Indian rupee opening weaker against the US dollar. Market analysis.

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Rupee Weakens: US-Iran Deal & Fed Rate Hike Fears

Indian rupee depreciates against the US dollar amid anticipation of a US-Iran peace deal and upcoming US Federal Reserve interest rate decisions.

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AI in Mortgage: Federal Law Compliance & Risk | Orrick & MBA

Orrick & MBA’s white paper explores federal law compliance and risk for AI in the mortgage lifecycle, from origination to servicing.

A tablet showing ESG scores, financial reports with a bar chart, and a pen on a desk. Greenery is visible outside.

LSEG Workspace Launches ESG Ratings for Global Markets

LSEG Workspace introduces new ESG Ratings and Data, offering comprehensive scores and analytics for global financial markets to enhance transparency and simplify reporting.

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EY: Tech Firms Overlook AI in Finance, Missing 40% Cost Savings

EY report: Tech companies are underutilizing AI in finance, missing up to 40% cost reduction. Agentic AI offers transformative potential for operations and strategic growth.

A low-angle shot of a gold bullion bar with the MAS logo on a dark, textured surface. Background is blurred.

Singapore’s Gold Market Expansion: New Clearing & MAS Vaulting

Singapore launches OTC gold clearing and MAS vaulting services by 2026, aiming to boost market liquidity and strengthen its position in Asia’s gold trade.

A low-angle shot of an open, thick ledger on a dark wooden desk, with "U10" and "EPS Growth" circled on the page. A fountain pen and reading glasses are nearby.

U10 Stock: 102% EPS Growth & High Insider Ownership

U10 (EPA:ALU10) reports a remarkable 102% EPS growth. Discover why high insider ownership makes this stock a compelling opportunity for profit-focused investors.

A tablet showing the Turtlemint platform and a newspaper on a light-colored desk.

Turtlemint IPO: June 19 Launch, ₹144-₹152 Price Band

Turtlemint’s ₹882.66 crore IPO opens June 19-23, with shares priced ₹144-₹152. Details on lot size, fresh issue, and OFS revealed.

IPO Update: Merritronix IPO Surges +90% on BSE; Horizon Reclaim Closes Today | 16 Jun 2026, 10:00 AM IST

IPO Update: Merritronix IPO Surges +90% on BSE; Horizon Reclaim Closes Today | 16 Jun 2026, 10:00 AM IST

Horizon Reclaim IPO closes for subscription today on NSE/BSE. Merritronix Ltd. delivered a strong 90% listing gain, while five new IPOs are expected this week.

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FIIs Net Sell ₹5,117 Cr in Index F&O: June 15 Data

Foreign Institutional Investors (FIIs) offloaded ₹5,117.74 Cr in India’s index futures & options on June 15, driven by significant index options sales.

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Arvind Smartspaces Bags Rs 180 Cr Ahmedabad Residential Project

Arvind Smartspaces secures a Rs 180 crore joint development project for residential horizontal development in South Ahmedabad, a rapidly growing micro-market.

A counter-drone system sub-unit on a white workbench with a lens and an antenna array, under a light.

C2C Advanced Systems Secures ₹80 Crore Counter-Drone Deal

C2C Advanced Systems lands a major ₹80 crore order for 30 counter-drone system sub-units, strengthening its position in India’s defense sector.

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Nuvei Acquires Payoneer for $2.75B, Forming Payments Behemoth

Nuvei to acquire Payoneer for $2.75 billion, creating a global payments giant with over $500B in annual payment volume and $3B in revenue.

    Business News & Market Signals – Page 424 | ThePip