Stay informed with the latest stock market news and corporate updates that could impact trading sentiment today. Here’s a roundup of major developments across leading Indian companies.
Shilpa Medicare Approves 1:1 Bonus Share Issue
Shilpa Medicare has approved the issuance of bonus shares in a 1:1 ratio, rewarding shareholders with one additional share for every share held. This move could enhance liquidity and boost investor sentiment.
Wipro Partners with Google Cloud for Agentic AI Solutions
IT major Wipro has joined forces with Google Cloud to launch advanced agentic AI solutions, aiming to accelerate AI adoption across industries and strengthen its digital transformation offerings.
HEG Signs Pact for Graphene-Enhanced Pavements
HEG has partnered with the Central Road Research Institute to develop graphene-enhanced pavements, a breakthrough aimed at revolutionising Indian infrastructure with stronger, more durable roads.
Refex Industries Bags ₹47 Crore Pond Ash Transportation Order
Refex Industries has secured an order worth ₹47 crore from a Maharashtra-based company for the transportation of pond ash, further expanding its industrial logistics portfolio.
Firstsource Solutions Partners with Guidehealth for AI Healthcare Innovation
Firstsource Solutions has tied up with Guidehealth to drive AI-enabled, value-based care innovations for health plans, targeting improved healthcare outcomes and efficiency.
Jain Irrigation Wins ₹135 Crore Solar Water Pump Order
Jain Irrigation Systems has received an order worth ₹135 crore from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply 5,438 solar-powered water pumps, supporting renewable energy adoption in agriculture.
IRCTC to Wind Up Royale Indian Rail Tours JV
The Indian Railway Catering and Tourism Corporation (IRCTC) has approved winding-up proceedings for its joint venture Royale Indian Rail Tours, marking an exit from the luxury rail tourism segment.
Zydus Lifesciences Gets Mixed US FDA Inspection Results
Zydus Lifesciences’ Ahmedabad facility received zero observations from the US FDA after an inspection (Aug 11–13), while its Himachal Pradesh plant received four observations (Aug 4–13).
RVNL Secures ₹90.6 Crore Southern Railway Surveillance Order
Rail Vikas Nigam Ltd (RVNL) has bagged a ₹90.6 crore contract from Southern Railway to provide a Video Surveillance System across select locations.
L&T Finance Allots ₹250 Crore Worth of NCDs
L&T Finance has allotted 25,000 non-convertible debentures (NCDs) worth ₹250 crore on a private placement basis, strengthening its funding position.
HDFC Bank Gets RBI Nod for Bonus Share Issuance
HDFC Bank has received approval from the Reserve Bank of India (RBI) to utilise its share premium account for issuing bonus shares, a move that could reward shareholders and boost stock appeal.
Infosys Forms JV with Telstra for AI Cloud Solutions
Infosys has entered a joint venture with Australia’s Telstra to deliver AI-powered cloud and digital solutions, expanding its presence in the Asia-Pacific region.
Shriram Finance Subsidiary Denied Primary Dealer License
A subsidiary of Shriram Finance has not received RBI approval for a primary dealer business licence, affecting its plans to expand into government securities trading.
Muthoot Finance Injects ₹700 Crore into Subsidiaries
Muthoot Finance has approved an additional equity infusion of ₹200 crore into Muthoot HomeFin and ₹500 crore into Muthoot Money, strengthening the capital base of its wholly owned subsidiaries.
ICICI Bank Reduces Minimum Balance Requirement for New Customers
ICICI Bank has eased its average monthly balance requirement for new accounts—Urban customers: ₹15,000 (down from ₹50,000), Semi-urban customers: ₹7,500 (down from ₹10,000).
CDSL Gets SEBI NOC for New Business Unit
Central Depository Services (India) Limited (CDSL) has received a No Objection Certificate from SEBI to set up a separate business unit under CDSL Ventures.
Thermax to Acquire 23% Stake in Bioenergy Arm
Thermax will acquire a 23% stake in its subsidiary Thermax Bioenergy Solutions for ₹16.7 crore, reinforcing its position in the sustainable energy segment.
Prism Johnson Expands Cement Capacity in Madhya Pradesh
Prism Johnson has signed a cement supply pact with Jabalpur Cement Industries, boosting its Madhya Pradesh capacity from 1.08 MTPA to 1.38 MTPA by September 2025.