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Fintech major Pine Labs is set to launch its initial public offering (IPO) on November 7, 2025, with plans to raise ₹2,080 crore through a fresh issue of equity shares, according to its Red Herring Prospectus (RHP). The issue will close on November 11, 2025, while the anchor…

Blue Cloud Softech Solutions Limited (BCSSL) has signed a US$ 9.63 million (₹80.3 crore) contract with Axiom Vortex Inc., a US-based defence technology firm, to deploy advanced cybersecurity systems across defence networks in Africa and the Middle East. The partnership marks a major milestone for BCSSL, strengthening its…

SEBI Chairman Tuhin Kanta Pandey has signalled that the long-awaited National Stock Exchange (NSE) initial public offering (IPO) may soon move forward, suggesting that the process will “see the light of the day” after years of delay. While Pandey did not specify a timeline, his remarks indicate renewed…

The Ministry of Labour and Employment has introduced the Employee Enrollment Scheme 2025 under the Employees’ Provident Fund Organisation (EPFO), aimed at expanding formal social security coverage. The initiative was announced by Union Labour Minister Dr. Mansukh Mandaviya during the EPFO’s 73rd Foundation Day celebrations in New Delhi.…

Edelweiss Mutual Fund has announced the launch of two new exchange-traded funds (ETFs) — the Edelweiss BSE Sensex ETF and the Edelweiss Nifty 50 ETF. Both schemes will open for subscription on November 3, 2025, and close on November 17, 2025, offering investors an opportunity to participate in…

In a major development in the ongoing resolution process of Jaiprakash Associates Ltd (JAL), the Gaur family, the company’s original promoters, has re-entered the race with an ₹18,000 crore proposal to regain control of the debt-laden infrastructure conglomerate. The latest offer surpasses competing bids from Vedanta Group and…

India’s gross Goods and Services Tax (GST) collections rose 4.6% year-on-year to ₹1,96,000 crore (US$ 22.08 billion) in October 2025, supported by strong festive season demand, pent-up consumption, and recent GST rate cuts across key consumer segments. Despite rate reductions on 375 items, including essential goods, electronics, and…

Tata Consultancy Services (TCS) has unveiled a ₹57,701 crore (US$ 6.5 billion) capital expenditure plan to bolster its digital and artificial intelligence (AI) capabilities — a landmark move reinforcing India’s ambition to achieve technological self-reliance and counter growing concerns over “tech colonisation.” The company’s CEO & MD, Mr.…

India is preparing to launch a ₹30,000-crore (US$ 3.4 billion) tender for 87 long-range Medium Altitude Long Endurance (MALE) drones to strengthen its armed forces’ surveillance and strike capabilities. However, according to a report by The Economic Times, foreign-origin designs may edge out indigenous platforms, even though the…