Indian Overseas Bank (IOB) has announced a reduction in its lending rates following the Reserve Bank of India’s recent policy rate cut. The revised rates will come into effect from Monday, December 15. The public sector bank has lowered its repo-linked lending rate (RLLR) by 25 basis points,…
Several listed companies are scheduled to mark record dates this week for corporate actions including a share buyback, interim dividends, and a bonus issue. These record dates determine shareholder eligibility for the announced actions. The key developments involving eClerx Services, Indian Oil Corporation, Can Fin Homes, and Dr.…
Akme Fintrade (India) Limited has announced key decisions following a meeting of its Board of Directors held on December 13, 2025. The meeting resulted in approvals related to fund mobilisation through debt instruments and changes in the company’s board composition, in line with regulatory disclosure requirements. Board Meeting…
Raconteur Global Resources Approves ₹430.50 Crore Preferential Issue, Appoints New Company Secretary
Raconteur Global Resources Limited has announced a series of key corporate decisions following a meeting of its board of directors held on December 13, 2025. The meeting was conducted via video conferencing and focused on capital raising initiatives, senior management appointments, and the shareholder approval process. Approval of…
Shivganga Drillers, an integrated oilfield services company, has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for a proposed initial public offering (IPO) of ₹400 crore. Structure of the Public Issue According to the DRHP filed on December 12, the…
Ola Electric Mobility Limited has commenced same-day delivery for select electric vehicles powered by its 4680 Bharat Cell technology in Bengaluru. The newly introduced service allows customers to complete purchase, registration, and vehicle delivery within a single day, marking a significant operational update for the company in the…
Coforge Limited has announced the allotment of 1,45,189 equity shares under its Employee Stock Option Plan (ESOP) 2005. The allotment was approved by the company’s ESOP Allotment Committee on December 14, 2025, following the exercise of stock options by eligible employees. Details of the ESOP Allotment The equity…
E-commerce enablement platform Shiprocket, backed by Temasek, has filed an updated draft red herring prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO). Through the public issue, the company aims to raise a total of ₹2,342 crore. Structure of…
Wipro: Entered a 3-year strategic partnership with Microsoft to enable enterprise AI adoption. Also partnered with Google to deploy Gemini Enterprise across operations and launched a Google Cloud Gemini Experience Zone in Bengaluru. Bharat Electronics: Received additional defence-related orders worth ₹776 crore since its last disclosure. Swiggy: Raised…
December 15, 2025
Market View 15th December, 2025
View on market: Volatility persists, eagerly searching for growth: Global equity markets showed mixed signals during Asian trading hours. US futures were weak, while European futures were slightly positive. Asian markets opened lower as investors became cautious about technology companies. Concerns grew around future profits and heavy spending…
