Ageas Federal Life Insurance, one of India’s fastest-growing private life insurers, has entered a strategic SME Bancassurance partnership with CSB Bank to broaden the reach of life insurance solutions among Small and Medium Enterprises (SMEs) and individual entrepreneurs across India. Partnership Overview The collaboration aims to offer comprehensive…
The Sovereign Gold Bond (SGB) 2020-21 Series VII tranche becomes eligible for premature redemption on October 20, 2025, completing five years since issuance. The Reserve Bank of India (RBI) has fixed the redemption price at ₹12,792 per gram, based on the average IBJA gold rates from October 15–17,…
Rail Vikas Nigam Ltd (RVNL) has secured a new contract worth ₹144.44 crore from the South Central Railway, further strengthening its position in the railway infrastructure sector. Project Details RVNL emerged as the lowest bidder (L1) in a reverse auction conducted by South Central Railway. The project involves…
RBL Bank has outlined an optimistic outlook for margin expansion, aiming to raise its Net Interest Margin (NIM) by 10–15 basis points each quarter to reach 4.75–4.80% by March 2026. The bank shared its projections and business outlook following the release of its unaudited financial results for the…
India Cements Ltd has reported a remarkable turnaround in its financial performance for the second quarter of FY26, posting a net profit of ₹8.8 crore, compared to a loss of ₹339 crore in the same period last year. The return to profitability was supported by higher sales volumes,…
Orient Electric Ltd, one of India’s leading consumer electrical brands, has announced that it will increase fan prices by 3–4% to comply with new Bureau of Energy Efficiency (BEE) Star Rating norms. The move is aimed at offsetting higher compliance costs and safeguarding profitability, even as the company…
Power Grid Corporation of India Ltd (POWERGRID) has expanded its transmission network through the acquisition of SR WR Power Transmission Limited (SRWRPTL) for approximately ₹11.29 crore. The strategic acquisition, completed on October 17, 2025, is aimed at boosting inter-regional power transmission capacity between the Southern and Western grids…
The Securities and Exchange Board of India (SEBI) has proposed new measures to make the transfer and dematerialisation of old physical share certificates easier for investors. The initiative aims to resolve long-pending transfer requests and simplify documentation, while reinforcing dematerialisation as the long-term goal for India’s capital markets.…
The Indian Railway Finance Corporation Ltd (IRFC) has declared an interim dividend of ₹1.05 per equity share for FY26 and fixed October 24, 2025, as the record date to determine shareholder eligibility. The dividend will be credited to shareholders’ accounts or dispatched via warrants within 30 days from…
UTI Asset Management Company Limited (UTI AMC) posted steady growth in profit and assets under management (AUM) for the quarter and half year ended September 30, 2025, driven by robust equity inflows, expanding retail participation, and continued SIP momentum. Solid Financial Performance in Q2FY26 For the September quarter,…