Rajesh Unni, the founder of Synergy Marine Group, has been bestowed with the prestigious National Maritime Varuna Award, India's highest individual honor in the maritime sector. The award was presented to Unni by the Director General of Shipping, Shyam Jagannathan, during the 62nd National Maritime Day celebrations in Mumbai. Recognized for his extraordinary contributions to the maritime industry, Unni has been lauded for his leadership in shaping India’s maritime landscape.

The Securities and Exchange Board of India (Sebi) has imposed a penalty of Rs 7 lakh on Reliance Securities for non-compliance with stockbroking norms. The penalty comes after Sebi's inspection of the firm between December 2022 and January 2023, revealing multiple discrepancies, including incorrect reporting in margin statements, failure to adhere to risk-based supervision guidelines, and violations of cybersecurity protocols. Despite the findings, Reliance Securities has been directed to pay the fine within 45 days.

Credit Saison India, a prominent non-banking financial company (NBFC), has successfully raised USD 300 million (approximately Rs 2,250 crore) through its maiden syndicated and bilateral External Commercial Borrowings (ECB). This marks a significant milestone in the company's journey, being its first external fundraising initiative. The funds will be deployed to drive expansion, fuel digital transformation, and enhance customer acquisition. This achievement underscores the trust placed in the company by leading financial institutions and positions Credit Saison India for future growth.

The Indian rupee took a sharp hit on Monday, depreciating by 38 paise to settle at Rs 85.82 against the US dollar, marking its steepest decline in over five weeks. This downturn came amid global market turbulence, largely fueled by escalating trade tensions between the US and China. Despite a drop in crude oil prices and a weaker US dollar, the rupee's slide continued as foreign and domestic investors pulled out of equity markets.

The Indian stock markets saw a dramatic plunge on Monday as investor sentiment was rattled by fears of a global economic slowdown, fueled by escalating trade tensions between the United States and China. The benchmark Sensex experienced its steepest one-day fall in 10 months, tumbling by 2,226.79 points. This plunge, largely attributed to fears of a trade war, sent shockwaves through global markets, with Asia and Europe also suffering heavy losses.

Juspay, the Bengaluru-based payments company, has secured USD 60 million (approximately Rs. 514 crore) in a Series D funding round led by Kedaara Capital. Existing investors, including Softbank and Accel, also participated in this round. The company plans to use the funds to enhance its artificial intelligence (AI) capabilities, focusing on developing future-ready innovations that aim to boost workforce productivity and improve the overall merchant experience.

Imagine Marketing, the parent company of the popular wearables brand boAt, has taken a significant step towards going public by filing draft papers with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO). This move, made under the confidential pre-filing route, allows the company to withhold public disclosure of details under its draft red herring prospectus (DRHP) until later stages. This development signals the company’s strategic approach to managing its IPO process while maintaining flexibility, with no guarantee that the IPO will proceed.

EKI Energy Services, a leader in the global carbon credit market, has taken a major step in expanding its portfolio by acquiring a minority stake in Tvasta Manufacturing Solutions, a cutting-edge 3D printing company based in Madhya Pradesh. This strategic investment, which remains undisclosed in terms of financial details, aligns with EKI’s long-term sustainability vision. Through this partnership, EKI aims to leverage Tvasta’s innovative 3D printing technology to reduce material wastage, enhance operational efficiency, and explore new growth opportunities in advanced manufacturing.

India’s industrial and logistics space leasing market has witnessed significant growth in the first quarter of 2025, driven by heightened demand across major cities. According to data from real estate consultancy Savills India, leasing activity surged 18.5% year-on-year, reaching 160 lakh square feet between January and March 2025. This uptick reflects broader economic trends and shifts in supply chain dynamics.

Kalyan Jewellers, a prominent name in India's jewelry retail sector, has posted an impressive 37% year-on-year increase in consolidated revenue for the fourth quarter of FY2024-25, defying the volatility in global gold prices. With a total net revenue of Rs 4,563.72 crore, the company has demonstrated robust growth both in domestic and international markets.