Axis Gold and Silver Passive FOF NFO Overview: An open ended fund of funds scheme investing in units of gold and silver exchange traded funds Axis Gold and Silver Passive FOF NFO Investment Objective: The investment objective of the scheme is to generate returns by investing in units…
Anupam Rasayan India Limited has approved the acquisition of Monitchem Kansas S.àr.l and its subsidiaries, including Jayhawk Fine Chemicals Corporation, from CABB Europe GmbH for up to USD 155 million. This strategic move aims to strengthen Anupam Rasayan’s presence in the US, offering access to specialized chemical manufacturing…
Siemens International Holding B.V. is set to acquire a 1% stake (3,561,203 equity shares) in Siemens Limited from Siemens Energy Holding B.V. for ₹11,407.87 crore, at a price of ₹3,203.37 per share. This inter-promoter transfer will increase Siemens International Holding’s stake from 47.70% to 48.70%, while Siemens Energy…
ACME Solar Holdings Limited’s subsidiary, ACME Eco Clean Energy Private Limited, has commissioned the second phase of its 100 MW wind power project in Gujarat, adding 16 MW to its operational capacity. The project is located in the villages of Dhakaniya, Dhajala, and Dhandhalpur in Surendranagar District. The…
JM Financial Limited has been assigned an ESG score of 73.8 (Grade B+) by SES ESG Research Private Limited, a SEBI-registered ESG Rating Provider (Category II). The rating, based on FY 2024–25 data, was disclosed by the company on December 9, 2025, in compliance with SEBI regulations. Key…
SEPC, an infrastructure company, has successfully settled its dispute with Hindustan Copper Limited (HCL). The settlement includes a payment of ₹30.44 crore and a new work order worth ₹72.54 crore, bringing the total value to ₹102.98 crore. Settlement Highlights Financial Compensation: ₹30.44 crore payment to SEPC New Work…
Adani Total Gas Limited (ATGL) has been assigned an ESG rating of 73 by NSE Sustainability Ratings & Analytics Limited. The assessment was conducted independently using publicly available information, and ATGL has clarified that it did not engage the agency for this evaluation. Key Details ESG Rating: 73…
The Indian government has directed SpiceJet to increase its flight operations following what has been termed an “IndiGo fiasco,” referring to recent disruptions affecting IndiGo’s services. The move is aimed at stabilising flight capacity, ensuring smooth travel operations, and reducing the impact of cancellations or delays on passengers.…
Vishal Mega Mart Limited has received a tax demand order from the Additional Commissioner, CGST Commissionerate, Gurugram, alleging excess Input Tax Credit (ITC) claimed during FY 2018–19 to 2022–23. The notice was issued under Section 74 of the CGST Act, 2017. Tax Demand Breakdown Component Amount (₹) Tax…
L&T Technology Services Limited (LTTS) and Austria-based PALFINGER have inaugurated a state-of-the-art Global Development Center (GDC) in Pune, marking a key milestone in their long-term collaboration. The center is designed to accelerate product development through AI-driven engineering, while supporting PALFINGER’s localization and digital transformation goals across the Asia-Pacific…