Summary: Adani Power Ltd. announced that its shareholders have approved a 1:5 stock split, a move aimed at improving liquidity and making shares more accessible for retail investors. The resolution was passed through a postal ballot, with voting held from August 6 to September 4, 2025. Details of…
In a significant move to strengthen India’s healthcare innovation ecosystem, the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry has signed a Memorandum of Understanding (MoU) with Pfizer Limited. The partnership seeks to nurture startups working in the MedTech space…
Summary: Hindustan Aeronautics Limited (HAL) is preparing to deliver the first two Tejas Mark-1A fighter aircraft to the Indian Air Force (IAF) next month. However, the handover depends on the successful completion of final weapon firing trials scheduled for later this month, according to a TOI report. The…
Summary: Amazon has taken a major step into India’s financial services sector by acquiring Bengaluru-based NBFC Axio (formerly Capital Float). With Reserve Bank of India (RBI) clearance received in June 2025, the deal grants Amazon a direct lending license in India, though the transaction amount has not been…
Summary: Investor sentiment towards emerging markets (EMs) is showing signs of recovery, with capital flows expanding across multiple regions. According to EPFR Global, India-focused equity funds posted their first inflow in five weeks, while diversified EM funds also attracted fresh allocations—often seen as an early indicator of a…
Summary: PNC Infratech Ltd. has bagged a ₹495.54 crore EPC contract in Bihar after emerging as the lowest bidder (L1) in a tender floated by the Bihar State Road Development Corporation (BSRDC). The project involves constructing a high-level bridge and approach road on the Hathouri–Atrar–Bavangama–Aurai Road, further adding…
Summary: Knack Packaging, a leading player in India’s packaging solutions industry, has filed its Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹475 crore through a fresh issue as part of its upcoming Initial Public Offering (IPO). The proceeds will primarily be used for capacity expansion and…
Summary: Reliance Power Ltd (NSE: RPOWER) has issued a clarification after Bank of Baroda classified the loan account of Reliance Communications Ltd (RCom) and Mr. Anil D. Ambani as fraud. The company stressed that this action has no impact on its operations, financials, or stakeholders. Matters Relating to…
Hyderabad, September 5, 2025: PVV Infra Ltd has taken a decisive step into the renewable energy space, with its board approving a ₹30 crore investment in a solar power project while simultaneously strengthening its leadership team with a new executive appointment. Expanding Into Green Energy The company has…
Summary: Tata Consultancy Services (TCS) has signed an agreement with the Government of Odisha to develop Integrated Financial Management System (IFMS) 3.0, the next-generation digital platform designed to modernize and streamline the state’s public finance management. The project builds on a partnership that began in 2005 and marks…