Utkarsh Small Finance Bank has announced a rights issue to raise approximately ₹950 crore, following approval from the bank’s Board of Directors on October 8, 2025. The record date to determine shareholders eligible for the rights entitlement has been fixed as October 14, 2025. Rights Issue Details Issue…
In a bid to curb fraudulent mobile applications impersonating legitimate stock brokers, the Securities and Exchange Board of India (Sebi) has requested Google to introduce a verification tick mark for genuine broking apps. Sebi Whole-Time Member (WTM) Kamlesh Chandra Varshney confirmed that Google has agreed to the proposal,…
India’s largest oil and gas producer, Oil and Natural Gas Corporation (ONGC), has slipped behind food delivery major Zomato in market capitalisation — a striking contrast given ONGC’s vast portfolio of tangible assets and profitable subsidiaries. Analysts say the trend highlights a potential undervaluation of the state-run energy…
The combined market capitalisation of eight of India’s top-10 most valued companies surged by ₹1.94 trillion last week, driven by positive sentiment at Dalal Street. Tata Consultancy Services (TCS) emerged as the biggest gainer among the group, reflecting investor optimism in the IT sector. The BSE benchmark rose…
Mankind Pharma Ltd has signed a Business Transfer Agreement (BTA) with its wholly owned subsidiary, Bharat Serums and Vaccines Ltd (BSV), to acquire BSV’s Branded Generic Business in the Women’s Health Rx portfolio. The acquisition will be executed on a going concern basis through a slump sale and…
NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Ltd, has entered into a strategic partnership with Japan’s ENEOS Corporation to explore joint opportunities in green hydrogen and its derivatives, including green methanol. The two companies signed a Memorandum of Understanding (MoU) during the ongoing World…
Avenue Supermarts Ltd, the operator of retail chain DMart, reported steady revenue growth in the second quarter of FY26 but continued to face margin strain, prompting analysts to maintain a cautious outlook on the stock. Revenue Up 15%, Profit Growth Moderates For the quarter ended September 30, 2025,…
Tata Motors Limited (NSE: TATAMOTORS), one of India’s largest automobile manufacturers, is moving ahead with its much-anticipated corporate restructuring. The company has fixed October 14, 2025, as the record date for its demerger, marking a key milestone in its plan to unlock value and sharpen business focus. Shareholders…
As the festive season approaches, Indian markets are witnessing a flurry of corporate actions, with several major companies announcing dividends, stock splits, and bonus issues. These moves not only reward existing shareholders but also aim to enhance market liquidity and long-term wealth creation opportunities. Dividend Announcements: TCS, Anand…
In a major step towards regulatory simplification, the Securities and Exchange Board of India (SEBI) has revamped its penalty framework for stock brokers, aiming to reduce compliance burdens, eliminate redundancy, and create a more uniform enforcement structure across exchanges. The move is part of SEBI’s broader effort to…