Tata Elxsi Ltd reported a 7.2% sequential increase in net profit to ₹154.8 crore for the quarter ended September 2025 (Q2FY26), compared to ₹144.4 crore in the preceding quarter, signalling a gradual recovery after a soft start to the fiscal year. Revenue and Margin Performance The company’s revenue…
ICICI Prudential Life Insurance Company reported a 6.1% year-on-year increase in its new business premium for September 2025, which stood at ₹1,761 crore, according to its monthly business update. On a sequential basis, the premium was slightly lower than ₹1,776 crore recorded in August. Annualised Premium Equivalent and…
Tata Motors Ltd, India’s leading automobile manufacturer, has officially implemented its Composite Scheme of Arrangement involving TML Commercial Vehicles Ltd (TMLCV) and Tata Motors Passenger Vehicles Ltd (TMPV), effective October 1, 2025. The announcement follows approvals from the National Company Law Tribunal (NCLT), Mumbai Bench, through orders dated…
Univastu India Declares 2:1 Bonus Issue; Shareholders to Receive Two Extra Shares for Every One Held
Univastu India Ltd, an engineering, procurement, and construction (EPC) firm specializing in civil infrastructure projects, has announced a 2:1 bonus issue for its shareholders. The move is seen as a shareholder-friendly step aimed at improving liquidity and enhancing retail participation in the company’s stock. Details of the 2:1…
Afcons Infrastructure Ltd, part of the Shapoorji Pallonji Group, announced that it has secured a civil and allied infrastructure works contract worth ₹576 crore (including GST) as part of its regular business operations. MCA Inspection Extended to FY2024–25 In a separate regulatory filing, Afcons disclosed that it has…
Canara HSBC Life Insurance Company Ltd has garnered a strong response from institutional investors, raising ₹750.32 crore through its anchor book just a day before its initial public offering (IPO) opens for public subscription. The robust participation underscores investor confidence in the insurer’s growth trajectory and business fundamentals.…
Brightcom Group Limited, a global technology and digital solutions company, has signed a Memorandum of Understanding (MoU) with Project DYNAMO, a US-based, veteran-led humanitarian oBrightcom Group Partners with Project DYNAMO to Enhance Global Disaster Response Capabilitiesrganization renowned for executing high-risk rescue and disaster response missions across the world.…
Le Travenues Technologies Ltd., the parent company of travel platform Ixigo, has unveiled plans to raise ₹1,296 crore through a preferential issue of equity shares, marking a major milestone in its growth journey. The investment underscores strong institutional confidence in Ixigo’s long-term vision and its growing influence in…
LG Electronics India has set a new benchmark in the Indian capital markets, with its blockbuster initial public offering (IPO) attracting bids worth an unprecedented ₹4.4 lakh crore. This marks the first time any IPO in India has crossed the ₹4 lakh crore subscription mark, reflecting immense investor…
Samvardhana Motherson International Limited (NSE: MOTHERSON) has completed the acquisition of the remaining 20% stake in Youngshin Motherson Auto Tech Limited (YMAT) from Youngshin Components Co. Ltd., South Korea, making YMAT a wholly owned subsidiary. The move marks a key milestone in Motherson’s global expansion strategy within the…