EASF Small Finance Bank: RBI rejects Dia Vikas Capital’s proposal to increase stake over 5%

The Reserve Bank of India has said that Dia Vikas Capital cannot acquire over 5% stake in ESAF Small Finance Bank under the proposed scheme.

The Reserve Bank of India has said that Dia Vikas Capital cannot acquire over 5% stake in ESAF Small Finance Bank under the proposed scheme.

The entire issue is an Offer for Sale (OFS), through which Orkla India aims to raise ₹1,667 crore. This means no new shares are being issued and the company itself will not receive any proceeds from the issue.

Harshit Kapadia, VP-Industrial, Defence, Railway, Consumer, Electrical, Durables, Electronics, Elara Capital said second half of 2025-26 (FY26) could bring increased competition, particularly from Chinese manufacturers.

Gold and silver prices have slipped as easing US-China trade tensions, a stronger dollar, and firm global equities dampen safe-haven demand.

L&T, the infrastructure and engineering conglomerate won an order for a refinery and integrated petrochemical complex in Saudi Arabia for amendment to a critical contract related to the HOFCC reactor and regenerator revamp.

As much as 70% of Orkla India’s revenue from the sale of products for the quarter that ended in June 2025 came from the southern parts of India.

Despite this surge seen in shares of TTK Prestige after the earnings announcement, the stock has been an underperformer so far in 2025, having declined 12%. The stock is down 24% from its recent 52-week high of ₹930.

A regular session on the MCX starts at 9 AM and goes on till 11:30 PM from Monday to Friday. The trading session is divided into two parts – morning and evening. The morning session goes on till 5 PM,…

Trading on the Multi Commodity Exchange of India remains delayed due to a technical issue. Here’s what MCX’s latest update says and what operating from a DR site means.

Management expects a demand recovery in the second half of the year, driven by agriculture and infrastructure segments, but CLSA mentioned that margin expectations “look tough to be met.”