The Reserve Bank of India has imposed a monetary penalty of ₹5.80 lakh on Appnit Technologies Private Limited for non-compliance with regulatory directions related to Know Your Customer (KYC) norms and Prepaid Payment Instrument (PPI) guidelines. The penalty order was issued on May 11, 2026, under the provisions…
Tata Power Company Limited has signed a Memorandum of Understanding (MoU) with Druk Green Power Corporation to develop a structured skill development ecosystem aimed at supporting Bhutan’s planned 5,000 MW clean energy expansion. The agreement was formalised on May 18, 2026, in Thimphu in the presence of Bhutan’s…
HDFC Mutual Fund has announced an Income Distribution cum Capital Withdrawal (IDCW) payout under selected options of the HDFC Arbitrage Fund. The fund house has fixed May 19, 2026, as the record date to determine eligible unitholders for the distribution. According to the disclosure issued by HDFC Trustee…
Metropolis Healthcare Limited has announced a second interim dividend of ₹1 per equity share for the financial year 2025-26. The company has fixed May 19, 2026, as the record date for determining shareholder eligibility for the dividend payout. The dividend will be paid on equity shares having a…
Indian Railway Finance Corporation is preparing an extensive overseas fundraising programme for FY27 as the state-owned infrastructure financier looks to strengthen its lending capabilities and expand beyond traditional railway financing activities. According to reports, the company plans to raise nearly ₹24,000 crore to ₹28,000 crore through external commercial…
Several listed companies are scheduled to undertake key corporate actions during the week of May 18 to May 22, 2026. These include dividend payouts, share buybacks, rights issues, and stock splits that are expected to keep related stocks in focus across the market. Corporate actions are closely monitored…
Texmaco Rail & Engineering Limited remained in focus after the company announced the receipt of two Letters of Acceptance from South Central Railway for railway signalling and telecommunication infrastructure works valued at approximately ₹191.99 crore. The contracts relate to the implementation of an automatic block signalling system aimed…
Tata Electronics has entered into a strategic partnership with ASML to support the development of India’s semiconductor manufacturing ecosystem and accelerate the operational rollout of its upcoming semiconductor fabrication facility in Gujarat. The collaboration marks a significant milestone in India’s broader push to establish domestic semiconductor manufacturing capabilities…
India’s mutual fund industry is set to witness another active week of new fund launches as multiple asset management companies prepare to introduce fresh investment products between May 18 and May 24, 2026. The latest round of New Fund Offers (NFOs) includes a combination of specialised investment funds…
Dr. Reddy's Laboratories Limited shares are expected to remain in focus after the pharmaceutical company announced the launch of its generic Semaglutide Injection in Canada, marking a significant step in its global expansion within the fast-growing GLP-1 therapy segment. The company introduced the product shortly after receiving approval…