New Delhi, Sept 2025 – The Competition Commission of India (CCI) has given its approval to Sumitomo Mitsui Banking Corporation (SMBC) for increasing its equity stake and voting rights in Yes Bank Ltd to nearly 25%, marking a significant development in the Japanese lender’s India strategy. RBI’s Prior…
Adani Power Limited has received approval from the Ministry of Coal to commence mining operations at its Dhirauli coal block in Madhya Pradesh. This marks the company’s first captive coal mine to be cleared for operations. Resource Potential and Timeline According to geological studies, the Dhirauli block has…
What is the BSE India Sector Leaders Index? A thematic index that tracks the top 3 companies by market capitalisation from each of the 21 sectors within the BSE 500 Index. Represents leadership across sectors, covering large, mid, and select smaller companies. Designed to provide broad-based exposure by…
New Delhi, Sept 2025 – Renewable energy company ACME Solar Holdings has announced plans to raise up to ₹3,000 crore through the issuance of securities, subject to shareholder approval at its upcoming Annual General Meeting (AGM) on September 29, 2025. Fundraising Proposal In its AGM notice, the company…
Firstsource Solutions Recognized as Horizon 3 Market Leader Firstsource Solutions has been named a Horizon 3 Market Leader in HFS Research’s HFS Horizons, marking recognition for its strong positioning in the outsourcing and digital solutions space. Adani Power Gets Nod for Dhirauli Mine Operations Adani Power has received…
View on market: Volatility persists, eagerly searching for growth: Asian markets started on a mixed note, with Japanese shares falling as political uncertainty grew after a key ally of Prime Minister Shigeru Ishiba announced plans to step down. This move raised questions about Ishiba’s leadership and weighed on…
Vedanta Ltd has announced that it granted Employee Stock Options (ESOS) worth over ₹450 crore in FY25, describing it as one of the most inclusive equity distribution programmes in corporate India. Inclusive Coverage The scheme spans employees across all levels – from senior management to entry-level staff –…
OpenAI is planning to set up a large-scale data centre in India with at least 1 gigawatt of capacity, according to Bloomberg. The project will form part of the company’s global AI infrastructure expansion and could power localized services for Indian users. Details on the location and commissioning…
New Delhi, August 2025 – India’s central and state governments collected ₹1.86 trillion in Goods and Services Tax (GST) revenue in August 2025, up 6.5% year-on-year. While healthy, this marks the second slowest growth of the fiscal year, reflecting moderation in economic momentum. Officials attributed the slower pace…
The Indian Railway Catering and Tourism Corporation (IRCTC) is preparing for a major digital expansion, aiming to diversify revenue beyond its core ticketing business. The state-run company has secured in-principle approval from the Reserve Bank of India (RBI) for a payment aggregator licence, marking its foray into the…