Overview Godrej Agrovet Limited (GAVL) has signed a non-binding Memorandum of Understanding (MoU) worth ₹960 crore with the Ministry of Food Processing Industries (MoFPI) to strengthen India’s food processing ecosystem. The agreement was announced during World Food India 2025 and reflects the company’s commitment to building modern manufacturing,…
September Quarter Update Impacted by GST Rate Rationalisation Hindustan Unilever Limited (HUL) issued a weaker-than-expected business update for the September 2025 quarter, citing temporary disruptions linked to the recent Goods and Services Tax (GST) rate rationalisation. The FMCG major highlighted that about 40% of its portfolio, covering key…
India Inc. witnessed a slew of corporate updates across pharma, finance, infrastructure, energy, and technology sectors. Here’s a roundup of the major announcements impacting the markets today. Aurobindo Pharma to Complete Swarnaakshu Investment, Expands Abroad Aurobindo Pharma confirmed that the required investment for acquiring a 26% stake in…
View on market: Volatility persists, eagerly searching for growth: Asian stocks moved higher after giving up earlier losses, supported by a positive reading on inflation that boosted hopes the rally on Wall Street would continue. Gains were led by shares in Hong Kong, while Japanese shares slipped as…
Om Freight Forwarders IPO Details IPO Date September 29, 2025 to October 3, 2025 Listing Date [.] Face Value ₹10 per share Issue Price Band ₹128 to ₹135 per share Lot Size 111 Shares Sale Type Fresh Capital-cum-Offer for Sale Total Issue Size 90,60,074 shares (aggregating up to ₹122.31 Cr) Fresh Issue…
Fabtech Technologies IPO Details IPO Date September 29, 2025 to October 1, 2025 Listing Date [.] Face Value ₹10 per share Issue Price Band ₹181 to ₹191 per share Lot Size 75 Shares Sale Type Fresh Capital Total Issue Size 1,20,60,000 shares (aggregating up to ₹230.35 Cr) Employee Discount ₹9.00 Issue Type…
Zerodha Nifty 50 Index Fund NFO About the fund: The Nifty 50 Index Fund offers a simple way to invest in the index that India tracks—the Nifty 50 index. This single fund provides ownership in the top 50 companies forming the heartbeat of the Indian economy, as they…
The Central Board of Direct Taxes (CBDT) has extended the deadline for submitting audit reports under the Income-tax Act, 1961, for the Assessment Year (AY) 2025–26. The filing date, initially set for September 30, 2025, has now been moved to October 31, 2025. Reason for Extension The extension…
Power Finance Corporation Ltd (PFC), through its wholly-owned subsidiary PFC Consulting Limited (PFCCL), has set up a Special Purpose Vehicle (SPV) named Tumkur II RE Transmission Limited. The SPV is tasked with developing a transmission system to integrate an additional 1.5 GW of renewable energy capacity at Tumkur-II.…
The Reserve Bank of India (RBI) has unveiled the Authentication Mechanisms for Digital Payment Transactions Directions, 2025, setting a new framework for securing digital payments. The regulations mandate two-factor authentication (2FA) for all digital transactions while allowing banks, payment operators, and fintech firms to adopt multiple authentication methods…