Overview The Government of Karnataka has unveiled a ₹600 crore initiative aimed at accelerating the growth of startups in artificial intelligence (AI), robotics, quantum computing, and sustainability. The move reinforces the state’s ambition to position itself as India’s DeepTech Capital, driving innovation and entrepreneurship across multiple cities and…
Overview Power Grid Corporation of India Limited reported a weaker-than-expected performance for the quarter ended September 30, 2025. The state-run transmission major recorded a decline in profit and operating margins, while its board approved a significant credit facility and an interim dividend. Q2 FY26 Results Overview Metric Q2…
Overview Snowman Logistics Limited, a leading integrated cold chain logistics provider, reported a net loss of ₹29 million for the second quarter of FY2025-26, despite achieving 11.4% year-on-year (YoY) revenue growth to ₹1,560 million. The company’s profitability was impacted by higher operational costs, resulting in a 9.1% decline…
Overview BMW Ventures Limited has announced that it has secured a ₹9.94 crore order from Indian Railways for the fabrication and supply of Bowstring girders. The project will be executed at an RDSO-approved facility and is scheduled for completion within 90 days from the date of the purchase…
Overview Zydus Lifesciences Limited has scheduled a board meeting on November 6, 2025, to consider a proposal for raising up to ₹5,000 crore. According to the company’s exchange filing, the funds may be mobilized through one or more routes, including a qualified institutional placement (QIP), rights issue, preferential…
Overview Thomas Cook India and its subsidiary SOTC Travel have announced the relaunch and expansion of their China holiday packages, following a surge in travel demand from Indian tourists. The move comes after the resumption of direct flights between India and China and a simplified visa process for…
EPFO, India Post Payments Bank Sign MoU for Doorstep Digital Life Certificate Service for Pensioners
Overview The Employees’ Provident Fund Organisation (EPFO) and the India Post Payments Bank (IPPB) have signed a Memorandum of Understanding (MoU) to provide doorstep Digital Life Certificate (DLC) services for pensioners under the Employees’ Pension Scheme, 1995. The MoU was signed during EPFO’s 73rd Foundation Day by R.…
Overview Moneyboxx Finance Limited has raised ₹478 crore in term debt since January 2025, sourced from non-convertible debentures (NCDs), bank loans, and financial institution term loans. The company also announced a proposed 1:1 bonus share issue, subject to shareholder approval. Capital Raise and Financial Performance Source Amount (₹…
Overview Titagarh Rail Systems Limited has raised ₹199.99 crore through the issue of 21,11,932 convertible warrants to its promoters. Each warrant is priced at ₹947, convertible into equity shares at a 1:1 ratio within 18 months of allotment. Promoters have paid 25% upfront (₹49.99 crore), with the balance…
Overview Bajaj Finance Limited, India’s largest private-sector non-bank lender, reported strong loan disbursement growth during the recent festive season, reflecting higher consumer demand and deeper financial penetration across markets. Key Highlights Metric Performance Loan Volume Increase 27% Loan Value Increase 29% Total Loans Disbursed ~63 lakh New Customers…
