The Securities and Exchange Board of India (SEBI) has proposed a relaxation in its newly announced index composition norms, a move that could prevent forced outflows of nearly $1 billion from HDFC Bank and ICICI Bank — the two largest constituents of the Nifty Bank index. Why SEBI’s…
ANGEL ONE GOLD ETF FOF NFO Scheme Details: The investment objective of the Scheme is to seek to generate returns by investing in units of Angel One Gold ETF. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved. Mutual…
Servotech Renewable Power Systems Ltd, a leading renewable energy company, has bagged a ₹28.84 crore order from the North Western Railway, Jaipur Division, to develop a 7.3 MW rooftop solar project. Key Project Highlights Capacity: 7.3 MW on-grid rooftop solar Order Value: ₹28.84 crore Scope of Work: Design,…
Key Highlights Investment Amount: ₹28 crore Stake Acquired: 1.582% in NCDEX Share Purchase: 14,18,871 equity shares at ₹197.34 each Completion Timeline: Within 60 working days from August 19, 2025 Share India Securities Limited has announced a strategic investment of ₹28 crore in the National Commodity & Derivatives Exchange…
In a significant diplomatic breakthrough, China has lifted export restrictions on fertilizers, rare earth minerals, and tunnel boring machines (TBMs) to India, as confirmed during Chinese Foreign Minister Wang Yi’s visit to New Delhi on August 18, 2025. This decision, conveyed to Indian External Affairs Minister S. Jaishankar,…
IRFC Share Price in Focus as it Backs India’s First Multi-Modal Transport Hub Indian Railway Finance Corporation (IRFC) has sanctioned a fresh term loan of ₹199.70 crore for the development of India’s first international standard multi-modal transport hub (MMTH) in Surat, Gujarat. This landmark move not only strengthens…
RVNL Dividend 2025 – Key Highlights Record Date: August 21, 2025 Final Dividend: ₹1.72 per share (17.20% on face value of ₹10) Payment Timeline: Within 30 days from declaration at AGM Rail Vikas Nigam Limited (RVNL) has fixed August 21, 2025, as the record date for its final…
HAL Dividend 2025 – Key Highlights Record Date: August 21, 2025 Final Dividend: ₹15 per share (300% on face value of ₹5) Payment Timeline: Within 30 days from shareholder approval at AGM Hindustan Aeronautics Limited (HAL) has announced its final dividend for FY 2024-25, fixing August 21, 2025,…
IDFC First Bank The board has approved the preferential allotment of Rs 43.72 crore compulsorily convertible cumulative preference shares to Platinum Invictus B at an issue price of Rs 60 per share, raising approximately Rs 2,623 crore. GNG Electronics The company will provide an additional corporate guarantee of…
View on market: Volatility persists, eagerly searching for growth: Asian markets opened weaker, following a decline on Wall Street where major technology stocks faced heavy selling. Shares in Japan, South Korea, and Australia moved lower, and the broader Asia Pacific index also slipped. Futures trading suggested that both…