India’s foreign exchange (forex) reserves saw a sharp rebound of $3.51 billion in the week ended August 29, 2025, according to data released by the Reserve Bank of India (RBI). This follows a steep fall of $4.386 billion in the preceding week, which had dragged reserves down to…
The Securities and Exchange Board of India (SEBI) has issued a new circular on September 5, 2025, outlining a structured framework to govern the surrender of registration by Know Your Client (KYC) Registration Agencies (KRAs). The move is aimed at ensuring an orderly exit process, whether voluntary or…
State-run engineering giant Bharat Heavy Electricals Limited (BHEL) has taken a major step toward clean mobility with the signing of a 10-year exclusive memorandum of understanding (MoU) with Singapore-based Horizon Fuel Cell Technologies. The collaboration aims to develop hydrogen fuel cell-based railway locomotives, offering a zero-emission alternative to…
Sunteck Realty Limited, one of India’s leading luxury real estate developers, has announced that its Board of Directors will meet on September 5, 2025, to deliberate on a preferential issue of securities aimed at raising up to ₹500 crore. The decision, if approved, could mark a pivotal step…
SIS Limited, a leading player in India’s security, facility management, and cash logistics industry, has announced a significant expansion move with the acquisition of A P Securitas Private Limited and its subsidiaries. This deal, structured in two tranches and expected to be fully completed by 2029, is positioned…
Buys remaining 40% stake in Ratnamani Trade EU AG for EUR 400,000 Ratnamani Metals & Tubes Limited (RMTL), one of India’s leading manufacturers of stainless steel and carbon steel pipes and tubes, has announced the acquisition of the remaining 40% stake in its Swiss subsidiary, Ratnamani Trade EU…
Expands presence in Gurugram with premium housing development in Sector 59 Max Estates, the real estate arm of the Max Group, has announced the acquisition of development rights for a 7.25-acre land parcel in Sector 59, Gurugram, along the Golf Course Extension Road—one of the city’s most premium…
Adds 61,000 KL capacity at Pirpau facility to strengthen terminaling operations Aegis Logistics Ltd., a leading player in India’s energy and chemical logistics sector, has announced the successful commissioning of 61,000 kilolitres (KL) of additional storage capacity at its Pirpau facility in Mumbai Port. The expansion, which became…
Company assures corrective action within stipulated timelines; regulatory outcome under watch Pharmaceutical major Dr. Reddy’s Laboratories has disclosed that its Active Pharmaceutical Ingredient (API) Mirfield facility in West Yorkshire, UK, has received a Form 483 with seven observations from the U.S. Food and Drug Administration (US FDA). The…
Deal to Add 300 MW Solar Capacity in Rajasthan, Strengthening Renewable Energy Portfolio ACME Solar Holdings Ltd., one of India’s leading renewable energy companies, has approved the acquisition of 100% equity in AK Renewable Infra Pvt. Ltd. for an enterprise value of ₹79.25 crore. The acquisition was cleared…