Adani Enterprises Limited has received approval from the Ahmedabad bench of the National Company Law Tribunal (NCLT) for its Composite Scheme of Arrangement, marking a key step in restructuring multiple group entities. The scheme, sanctioned on March 16, 2026, is aimed at simplifying the corporate structure, improving operational…
India Post is set to roll out its premium ‘24 Speed Post’ service on March 17, 2026, offering guaranteed next-day delivery for time-sensitive consignments. The service will be formally launched at an event in New Delhi, attended by senior government officials, including Jyotiraditya M. Scindia and Chandra Sekhar…
India has introduced greater clarity in its foreign investment policy by specifying how investments linked to neighbouring countries will be evaluated under the revised Press Note 3 framework. The move is intended to streamline regulatory processes while maintaining national security safeguards. According to S Krishnan, Secretary at the…
Gujarat Mineral Development Corporation (GMDC): Signed a strategic collaboration agreement with NMDC Limited to explore opportunities in the rare earth elements segment. Rail Vikas Nigam Limited (RVNL): Received a Letter of Award worth ₹95 crore from NMDC Limited. Bharat Forge: PI Opportunities Fund acquired a 23% stake…
March 17, 2026
Market View 17th March, 2026
View on market: Volatility persists, eagerly searching for growth: Global markets showed a positive start as Asian equities opened higher, supported by improving sentiment around oil supply routes. Optimism that tanker movement through a key Middle East passage would improve boosted investor confidence, following gains seen in US…
Central Mine Planning & Design Institute Limited IPO Company Profile: Central Mine Planning & Design Institute Limited (CMPDIL), a wholly owned subsidiary of Coal India, provides comprehensive consultancy and technical support services across the entire spectrum of coal and mineral exploration, mine planning, and mine design. It offers…
SBI Nifty Midcap 150 ETF NFO: Mutual Fund SBI Mutual Fund Scheme Name SBI Nifty Midcap 150 ETF Objective of Scheme The investment objective of the scheme is to provide returns that, closely correspond to the total returns of the securities as represented by the underlying index, subject…
Investment Objective To seek returns that, before expenses, track the performance of domestic prices of Gold subject to tracking error. The Scheme do not guarantee/indicate any returns. There is no assurance that the investment objective of the Scheme will be achieved. Why HSBC Gold ETF? Prudent diversification into…
ICICI Prudential Mutual Fund has launched a new open-ended scheme—ICICI Prudential Diversified Equity All Cap Active Fund of Funds (FOF)—aimed at providing diversified exposure across equity mutual fund categories. The New Fund Offer (NFO), which opened on March 2, 2026, is scheduled to close on March 16, 2026.…
Reserve Bank of India has levied a monetary penalty of ₹2.70 lakh on Manappuram Finance Limited for non-compliance with regulatory guidelines on the deferral of variable compensation for key managerial personnel (KMPs). Details of the Regulatory Action The penalty was imposed through an order dated March 9, 2026,…
