India — SKF India Limited has announced that October 15, 2025 will be the record date for its demerger, which splits off its industrial business into a new company, SKF India (Industrial) Limited. As of that date, every shareholder in the existing SKF India will receive one fully…
India’s consumption landscape is undergoing a transformative shift, driven by evolving consumer behaviour and changing preferences: Rising incomes, rapid urbanization and a tech savvy aspirational population are reshaping consumption patterns across urban and rural markets. Further, quick commerce and e-commerce are enhancing convenience and also expanding market reach.…
Why Motilal Oswal Consumption fund? (source: motilaloswalmf.com) Motilal Oswal Consumption Fund NFO Investment Objective: The primary objective of the Scheme is to generate long-term capital appreciation by investing predominately in equity and equity related securities of companies engaged in consumption and consumption related activities. However, there is no…
Abu Dhabi’s International Holding Company (IHC) has announced a landmark investment of nearly $1 billion (₹8,850 crore) into Sammaan Capital Limited (formerly Indiabulls Housing Finance), marking one of the largest primary capital infusions by a single investor into India’s non-banking financial sector (NBFC). The investment, through IHC’s subsidiary…
Sammaan Capital: Avenir Investment Infuses ₹8,850 Crore Avenir Investment to acquire a 43.46% stake through shares and warrants at ₹139 apiece, an 18% discount to current price. Investment split into ₹4,587 crore via shares and the rest through warrants in two tranches. An open offer will follow. CSB…
View on market: Volatility persists, eagerly searching for growth: Asian stock markets opened higher on Friday, showing strong momentum and heading for a positive week. Optimism around artificial intelligence supported global equities, lifting investor confidence and pushing major benchmarks to fresh records. Technology stocks in the United States…
RITES Limited, India’s leading transport infrastructure consultancy and engineering firm, has signed a Memorandum of Understanding (MoU) with Etihad Rail to strengthen business collaboration with its subsidiary, National Infrastructure Construction Company (NICC) LLC, a prominent UAE-based infrastructure construction company. The partnership aims to advance joint projects in mobility…
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹31.8 lakh on Indian Overseas Bank (IOB) for non-compliance with guidelines related to Priority Sector Lending (PSL) – Targets and Classification. Reason for Penalty According to RBI, supervisory findings revealed discrepancies in how IOB met its…
Oil India Limited (OIL) and GAIL India Limited (GAIL) have signed a Memorandum of Understanding (MoU) aimed at enhancing cooperation across the natural gas value chain. The partnership is designed to unlock synergies that will boost domestic gas availability, improve access to demand centres, and advance India’s transition…
Suryoday Small Finance Bank Limited on September 30, 2025, announced that it has received ₹313.89 crore from the National Credit Guarantee Trustee Company (NCGTC) under the Credit Guarantee Fund for Micro Units (CGFMU) Scheme. Claim Settlement The claim corresponds to the first interim claim for Base Year 2023–24.…
