AIIL.NSE

Authum Investment & Infrastucture Ltd.

MUMBAI: India’s financial crime-fighting agency has filed new cases against Reliance Home Finance and Reliance Commercial Finance, the agency said on Tuesday. The cases, filed after complaints by two state-owned lenders, are part of ongoing probes, it said in a statement. The cases include one about an alleged fraud by Reliance Home Finance involving 2.28 billion rupees (about $25.4 million) on a complaint by Union Bank of India and another against Reliance Commercial Finance involving 574.7 million rupees on a complaint by Bank of Maharashtra, the Central Bureau of Investigation said. The banks had classified the loan account of these companies as fraud in 2024 and 2025, requiring them to file complaints with investigators. The companies were owned by the Anil Ambani-owned Reliance group until fiscal year 2023, when they were acquired Authum Investment & Infrastructure through a debt resolution process. Reliance Industries, JV partners to invest $11 billion in India AI data capacity The federal agency is investigating two separate cases against Reliance Home Finance and Reliance Commercial involving alleged frauds of 55.72 billion rupees and 92.8 billion rupees, respectively.

The eight Indian companies joining the global index are Indian Overseas Bank, Authum Investments, Hexaware Technologies, Cholamandalam Financial Holdings, Godfrey Phillips India, JK Cement, Multi Commodity Exchange of India (MCX), and Narayana Hrudayalaya.

File photo of Anil Ambani New Delhi- The CBI filed a chargesheet on Thursday against Anil Ambani and others over alleged fraudulent transactions between the industrialist’s group companies, RCFL and RHFL, Yes Bank and firms of the bank’s former CEO Rana Kapoor’s family, causing a loss of Rs 2,796 crore to the bank, officials said. In its chargesheet filed before a special court in Mumbai, the federal agency has said Ambani is the chairman of the Anil Dhirubhai Ambani (ADA) Group and director of Reliance Capital Limited, the holding company of RCFL and RHFL. No comments from the ADA group were immediately available. Besides Ambani, the Central Bureau of Investigation (CBI) has chargesheeted Rana Kapoor, Bindu Kapoor, Radha Kapoor, Roshni Kapoor, RCFL, RHFL (now Authum Investment and Infrastructure Limited), RAB Enterprises Private Limited, Imagine Estate Private Limited, Bliss House Private Limited, Imagine Habitat Private Limited, Imagine Residence Private Limited and Morgan Credits Private Limited under sections of the Prevention of Corruption Act and Indian Penal Code (IPC).

Despite a sharp Sensex fall, six smallcap stocks including Authum Investment, eClerx Services, and more surged to fresh 52-week highs. Strong monthly rallies highlight investor interest, bullish momentum, and potential growth opportunities in India’s smallcap market segment.

Analysts on Stocktwits have shared bullish calls on select stocks, including Jindal Steel, HAL, and Max Healthcare.

The Nifty index slipped below the crucial support level of 25,000. Traders are bracing for volatility ahead of the August 1 US tariff deadline.

Indian markets rebounded on Tuesday as Sensex rose over 300 points and Nifty closed just below 25,200. Realty, FMCG, healthcare, and auto sectors led the gains, while utilities lagged. Several breakout stocks hit fresh 52-week highs during the session.

Analysts are bullish on these stocks, citing strong RSI levels, moving average breakouts, and positive technical setups. All three stocks have posted double-digit gains so far in 2025.

From investor sentiment to robust financials, these stocks are making waves in June 2025 with strong returns and fresh highs. The analyst is bullish on MCX, BEL, Bharti Airtel, and more.