Bank of India has successfully mobilised ₹2,500 crore through the issuance of 10-year Tier-2 bonds, with a cut-off yield fixed at 7.28%, according to a Moneycontrol report. The total issuance includes a ₹1,500 crore greenshoe option, giving the bank flexibility to enhance the size based on investor demand.…
Ashoka Buildcon Limited, in partnership with Adani Road Transport Limited and Aakshaya Infra Projects Private Limited, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) for the development and pollution management of the Mithi River. The joint venture has been awarded the project at a total…
SBI Life Insurance Company Ltd. is poised to acquire the assets and liabilities of Sahara India Life Insurance Company Ltd. (SILIC) after the Securities Appellate Tribunal (SAT) upheld the earlier directive issued by the Insurance Regulatory and Development Authority of India (IRDAI). This development is aimed at safeguarding…
Jio Financial Services Limited, in partnership with global investment management firm BlackRock, has made substantial capital commitments to its joint ventures, Jio BlackRock Investment Advisers Private Limited and Jio BlackRock Asset Management Private Limited. The strategic investments, announced on December 10, 2025, are designed to enhance the operational…
Samvardhana Motherson International Limited (SMIL) has completed the acquisition of the remaining 10% stake in Motherson Lumen Systems South Africa, making it an indirect wholly owned subsidiary. Completion of the Stake Acquisition The transaction finalises SMIL’s previously announced plan from December 2025 to acquire the remaining 10% stake…
Escorts Kubota Limited, a prominent name in engineering and machinery, has showcased a significant expansion of its construction equipment portfolio at Excon 2025, held in Bengaluru. The unveiling included a combination of commercial launches, prototype models, and concept-stage machinery, reflecting the company’s commitment to delivering application-driven solutions tailored…
DCM Shriram Limited and Bayer CropScience Limited have entered into a strategic collaboration aimed at advancing sustainable agriculture practices across India. The partnership, formalised through a Memorandum of Understanding (MoU) signed on December 10, 2025, seeks to leverage the strengths of both companies to support farmers, enhance the…
Indian telecom operators have started adjusting select prepaid plans, signalling the onset of a broader industry-wide tariff increase. Vodafone Idea and Bharti Airtel have modified pricing for annual and short-term prepaid plans, while BSNL has reduced validity periods on some plans without changing the listed prices. Prepaid Plan…
Tejas Networks has won IP routing equipment contracts for 7 of the 12 BharatNet Phase-III packages announced so far, making it the largest supplier by package count and reinforcing its leadership in India’s telecom infrastructure sector. About BharatNet Phase-III BharatNet is the Government of India’s flagship program aimed…
Net Equity Inflows Rise 21% in November 2025 Net equity inflows stood at ₹29,894 crore in November, compared with ₹24,671 crore in October — a 21% month-on-month increase. Industry AUM expanded by nearly ₹1 lakh crore, reaching ₹80.80 lakh crore. The higher equity inflows aligned with strong participation…