Lloyds Metals and Energy Limited (LMEL) and Tata Steel Limited have signed a non-binding memorandum of understanding (MoU) to jointly explore collaboration opportunities across mining, logistics, pelletisation and steelmaking, according to exchange filings. Scope of Collaboration The MoU outlines a framework for both companies to assess synergies in…
US President Donald Trump has unveiled the “gold card” visa, a new residency pathway that officially replaces the long-standing EB-5 investor visa. Announced on December 10, 2025, the programme aims to attract wealthy global applicants while generating direct revenue for the US Treasury. Gold Card Visa: Key Features…
Puravankara Limited has expanded its project pipeline with a major construction mandate awarded to its wholly owned subsidiary, Starworth Infrastructure & Construction Limited (SICL). The contract marks a key milestone for the One Bangalore Luxury Project (OBLP), with Phase 1 of the Varnam development now moving into the…
Life Insurance Corporation of India (LIC) has received a GST demand exceeding ₹2,370 crore from the Maharashtra State Tax Department. The notice, issued by the Deputy Commissioner of State Tax in Chembur, was received on December 10, 2025, and pertains to assessments for FY 2021–22 to FY 2023–24.…
Tata Steel has approved the acquisition of a 50.01% stake in Thriveni Pellets Pvt Ltd (TPPL) from Thriveni Earthmovers Pvt Ltd for up to ₹636 crore. The deal covers 90,06,801 equity shares of ₹10 each, with the final payment subject to closing adjustments. The transaction is expected to…
The Reserve Bank of India has released a draft circular proposing enhanced transparency norms to provide retail users with complete clarity on the actual costs involved in foreign exchange transactions. The move is aimed at strengthening pricing transparency across India’s forex market. Detailed Cost Disclosure Framework Under the…
Meesho Limited has made a substantial infusion into its wholly owned subsidiary, Meesho Technologies Private Limited (MTPL), through a rights issue. The disclosure, filed under Regulation 30 of SEBI Listing Regulations, is in line with the utilisation plans outlined in the company’s prospectus dated December 5, 2025. Rights…
Fermenta Biotech Limited has announced that its Board of Directors, in a meeting held on December 10, 2025, approved a comprehensive fundraising proposal of up to ₹150.00 crore. The plan includes a wide range of financial instruments and issuance modes, providing the company with significant flexibility to strengthen…
Chalet Hotels Limited has allotted 14,000 equity shares to eligible employees under the Employee Stock Option Plan (ESOP) 2022, following approval from the Compensation, Nomination and Remuneration Committee on December 10, 2025. With this issuance, the company’s paid-up share capital has increased to ₹218.75 crore. Share Allotment Details…
Tata Chemicals Limited has announced the finalisation of terms for its proposed ₹1,500 crore non-convertible debenture (NCD) issuance, following approval from the Internal Committee constituted by the company's Board of Directors. The issue will be executed through a private placement and will comprise 1,50,000 NCDs, each carrying a…