The Indian Railway Catering and Tourism Corporation (IRCTC) is preparing for a major digital expansion, aiming to diversify revenue beyond its core ticketing business. The state-run company has secured in-principle approval from the Reserve Bank of India (RBI) for a payment aggregator licence, marking its foray into the…
Chennai, August 29, 2025 – Commercial vehicle manufacturer Ashok Leyland, the flagship of the Hinduja Group, has announced a long-term exclusive partnership with China’s CALB Group, a leading global battery technology company. The collaboration comes against the backdrop of improving bilateral relations and involves an investment of over…
E-commerce giant Flipkart has announced the acquisition of a majority stake in Pinkvilla India Pvt. Ltd., a leading digital infotainment platform. The move underscores Flipkart’s strategy to expand its content ecosystem and deepen engagement with Gen Z and millennial audiences. Expanding Content Footprint Flipkart said the acquisition will…
India’s manufacturing sector expanded at its fastest pace in more than 17 years in August 2025, as demand-driven growth in new orders and production boosted business activity, according to a private sector survey. The HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose to 59.3 in August, compared to…
UPL Ltd., through its step-down subsidiary UPL Global, has announced plans to acquire a 49% stake in Thailand-based Grow Chemical Co. Ltd. in a strategic minority deal valued at $0.76 million. The transaction is expected to be completed by December 31, 2025, subject to customary approvals. Strategic Rationale…
KPI Green Energy Limited (NSE: KPIGREEN) has fixed Friday, September 12, 2025, as the record date to determine shareholder eligibility for its final dividend, subject to approval at the company’s 17th Annual General Meeting (AGM). Dividend Track Record Earlier in August, KPI Green Energy declared its first interim…
Navratna Defence PSU Bharat Electronics Limited (BEL) has announced fresh orders worth ₹644 crore since its last disclosure on July 30, 2025. The new contracts further strengthen BEL’s position as a leading contributor to India’s defence modernisation and technological self-reliance. Scope of Orders The orders span a wide…
The Abu Dhabi Investment Authority (ADIA) has completely divested its stake in One Mobikwik Systems Ltd. through a series of block deals on the National Stock Exchange (NSE), according to official disclosures. Block Deal Details ADIA sold around 16.44 lakh equity shares of Mobikwik at an average price…
In a major step towards employee welfare, Indian Railways has partnered with the State Bank of India (SBI) to provide significantly upgraded insurance benefits to Railway staff. The Memorandum of Understanding (MoU) is set to benefit nearly 7 lakh employees who hold salary accounts with SBI. Enhanced Coverage…
BLS International Services Ltd., a leading global tech-enabled services provider, announced its entry into the East African market through its wholly-owned subsidiary, BLS International FZE. The subsidiary has acquired a 100% stake in Consular Outsourcing Services Kenya Ltd, strengthening the company’s international footprint. Acquisition Details As per a…