Vikran Engineering: Secures ₹2,035 crore EPC order from Onix Renewables for solar power project development. GAIL: Signs MoU with the Chhattisgarh government to explore a gas-based fertiliser project; to conduct feasibility studies for a 12.7 lakh MT urea plant. ITC: Clarifies it has not raised cigarette MRPs,…
December 24, 2025
Market View 24th December, 2025
View on market: Volatility persists, eagerly searching for growth: Global markets showed mixed signals during Asian hours. US and European index futures were slightly lower, pointing to a cautious start, even as Asian equities opened higher. The positive mood in Asia followed a strong rally on Wall Street,…
IMP Powers Limited has concluded its postal ballot process, with shareholders approving all six special resolutions by a majority of 99.20%. The company announced the outcome following the submission of the scrutinizer’s report on the voting results. Resolutions Passed The postal ballot covered six items of business requiring…
Yogakshem Sansthan, a promoter group entity of Patanjali Foods Limited, has donated 60 lakh equity shares of the company, resulting in a reduction in its shareholding. The transaction was executed on December 19, 2025, and was disclosed through a regulatory filing dated December 23, 2025. Change in Shareholding…
Salem Erode Investments Limited has approved the issuance of unlisted secured redeemable non-convertible debentures (NCDs) aggregating ₹13 crore through a private placement. The approval was granted at a meeting of the Board of Directors held on December 23, 2025, which took place between 11:00 A.M. and 12:00 P.M.…
Tech Mahindra Partners with Noida International Airport to Upgrade Network and Cybersecurity Systems
Tech Mahindra has entered into a partnership with Noida International Airport to strengthen the airport’s network infrastructure and cybersecurity capabilities. The collaboration is aimed at building a secure and resilient digital framework to support operations at the upcoming aviation hub. Partnership Scope Under the agreement, Tech Mahindra will…
Larsen & Toubro (L&T) has secured a large engineering, procurement, construction, and commissioning (EPCC) contract from Bharat Petroleum Corporation Limited (BPCL) for a petrochemical project at Bina in Madhya Pradesh. Based on L&T’s internal classification, the contract value falls within the range of ₹5,000 crore to ₹10,000 crore,…
Ramco Cements has generated ₹514.90 crore through the sale of a part of its non-core assets to Prestige Estates Projects Limited. The transaction forms part of the Chennai-based cement manufacturer’s ongoing asset monetisation initiative focused on divesting properties not directly linked to its core operations. Asset Monetisation Milestone…
The Bombay Stock Exchange (BSE) is preparing to broaden its footprint in the derivatives segment by introducing new monthly index option products and restructuring its Bankex index, according to media reports. The initiative follows regulatory changes by the Securities and Exchange Board of India (SEBI), which limited weekly…
The IPO will consist of a fresh issue of equity shares valued at ₹140 crore, along with an offer for sale of up to 0.50 crore equity shares by existing shareholders. The equity shares are proposed to be listed on both the National Stock Exchange (NSE) and the…