Jio Financial Services Limited (JFS) has appointed Venkata Peri as its group chief operating officer, filling a key leadership position that had been vacant since mid-2024. The appointment aligns with the company’s ongoing efforts to scale its presence across lending, asset management, and technology-led financial services. Appointment Details…
Titagarh Rail Systems Limited has expanded its business footprint beyond conventional rolling stock manufacturing with the receipt of its first order from Indian Railways in the safety and signalling systems domain. The contract marks the company’s entry into advanced, technology-driven railway infrastructure solutions. Order Scope and Timelines The…
Multi Commodity Exchange of India Ltd. (MCX) has declared a subdivision of its equity shares following approval from its shareholders. Under this corporate action, the existing equity shares with a face value of ₹10 each will be split into five equity shares of ₹2 each. The record date…
The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a monetary penalty of ₹1 crore on Care Health Insurance after identifying significant shortcomings in its claims settlement practices and policyholder communication, according to media reports. Findings from Regulatory Inspection The penalty stems from a remote inspection…
GVP Infotech Limited has obtained approval from the Reserve Bank of India (RBI) to operate as a payment aggregator, marking an important step in its participation in India’s regulated digital payments framework. Regulatory Approval Details The RBI has issued a certificate of authorisation to GVP Infotech under the…
Kotak Nifty Next 50 ETF Investment Objective:- Passive Investment in equity and equity related securities replicating the composition of Nifty Next 50 Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved Nifty Next 50 Index – The Better…
GMR Power: Board approves fundraise of up to ₹1,200 crore via preferential equity issue and convertible warrants. Cyient: Singapore arm to acquire 65%+ stake in US-based Kinetic Technologies for $93 million; completion expected by April 2026. KPI Green Energy: Signs $4 billion MoU with Botswana for 5 GW…
December 18, 2025
Market View 18th December, 2025
View on market: Volatility persists, eagerly searching for growth: Global markets turned cautious during Asian trading hours as risk sentiment weakened following losses on Wall Street. US equity futures showed mild resilience, while European futures edged lower, reflecting mixed global cues. Asian equities opened on a softer footing,…
Spandana Sphoorty Financial Ltd has successfully completed the allotment of 8,500 secured redeemable non-convertible debentures (NCDs) worth ₹85 crore and approved a three-tranche expansion program totaling up to ₹425 crore, marking a significant step in the company’s debt capital market strategy. Completed NCD Allotment The initial tranche was…
Japan-based Mizuho Financial Group is set to acquire a controlling stake in Indian financial services firm Avendus Capital from private equity major KKR for up to ¥81 billion, reflecting Japan’s growing financial engagement in India’s banking and investment sector. Acquisition Details Mizuho Securities will purchase between 61.6% and…