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…
The Reserve Bank of India has approved State Bank of India (SBI) and Bank of Baroda (BoB) to set up Section 8 companies for the proposed digital payments intelligence platform. The new entity — Indian Digital Payment Intelligence Corporation (IDPIC) — will operate as a not-for-profit company under…
British insurer Prudential has sold a 4.5% stake in ICICI Prudential Asset Management Company (ICICI Pru AMC) for ₹4,900 crore (approximately $545 million), according to media reports. The stake sale comes just days before the fund manager’s highly anticipated $1.2 billion IPO, which opens on December 12, 2025.…
Global technology giants are accelerating their India play, announcing a combined ₹6.12 lakh crore in investment commitments over the past few weeks—most of it directed towards artificial intelligence (AI) infrastructure and capability building. On December 9, 2025, Microsoft CEO Satya Nadella unveiled a $17.5 billion investment over the…
Petronet LNG has signed a ₹12,000 crore loan agreement with a consortium led by the State Bank of India and Bank of Baroda, with each bank contributing ₹6,000 crore. According to the company’s filing dated December 10, 2025, the facility is a secured rupee term loan earmarked for…