Muthoot Microfin Limited, one of India’s leading microfinance institutions, has successfully mobilized ₹50 crore through the private placement of non-convertible debentures (NCDs). The issue reflects the company’s continued ability to attract institutional investors while diversifying its funding mix to support growth in the microfinance sector. Key Terms of…
Dilip Buildcon Ltd (DBL) has been declared the lowest (L-1) bidder for a major infrastructure project under the Kerala Industrial Corridor Development Corporation, valued at ₹1,115.37 crore. The project involves the design, construction, testing, commissioning, and operations and maintenance (O&M) of industrial corridor infrastructure at Pudussery Central and…
Shilpa Medicare Limited has received initial authorization from the European Medicines Agency (EMA) for its Rivaroxaban Orodispersible Films (ODF), a generic alternative to Bayer AG’s blockbuster anticoagulant, Xarelto®. The approval covers 10 mg, 15 mg, and 20 mg strengths, paving the way for final marketing authorization in Europe.…
Infosys Ltd, a global leader in digital services and consulting, has announced an expansion of its long-standing strategic partnership with Sunrise, Switzerland’s second-largest telecom provider. The move, revealed on September 23, underscores a shared ambition to accelerate IT transformation and prepare the telecom major for an AI-powered future.…
The Wealth Company Arbitage Fund NFO Quick Reasons to Invest: (source: wealthcompanyamc.in) The Wealth Company Arbitage Fund NFO Investment Objective: To generate income through arbitrage opportunities and debt and money market instruments. (source: wealthcompanyamc.in) The Wealth Company Arbitage Fund NFO: Mutual Fund The Wealth Company Mutual Fund Scheme…
Several listed companies are in the spotlight today owing to fresh agreements, acquisitions, production updates, and regulatory approvals. Here’s a roundup of the latest developments from corporate India: Technology & IT Services Infosys Extends Swiss CollaborationInfosys has extended its strategic collaboration with Switzerland’s Sunrise to accelerate IT transformation…
View on market: Volatility persists, eagerly searching for growth: Asian stocks fell as investors reacted to signals from the US Federal Reserve that created uncertainty about the timing of future interest-rate cuts. The regional benchmark index slipped, with losses across Japan, Australia and South Korea after Japan’s markets…
KEC International Ltd., a flagship company of the RPG Group, has announced new international Transmission & Distribution (T&D) orders worth ₹3,243 crore, further strengthening its global infrastructure portfolio. Key International Orders The recent contracts include: 400 kV transmission line projects in the UAE Supply of towers, hardware, and…
ACME Solar Holdings Limited has secured a ₹1,100 crore domestic refinancing facility from the State Bank of India (SBI) for its 300 MW renewable energy project in Rajasthan. The refinancing, announced on September 23, 2025, is aimed at reducing financing costs and strengthening the company’s credit profile. ₹1,100…
The Government of Karnataka’s Department of Electronics, IT and Biotechnology (IT-BT) has unveiled the Local Economy Accelerator Programme (LEAP), a five-year initiative with an outlay of ₹1,000 crore aimed at strengthening the state’s innovation ecosystem. The scheme is expected to create 5 lakh jobs while supporting entrepreneurs across…