Reliance Power Limited (RPL), along with its subsidiaries and other parties, has been named in a supplementary prosecution complaint filed by the Enforcement Directorate (ED) in connection with a matter involving a Solar Energy Corporation of India (SECI) bank guarantee. Details of the Complaint According to the filing,…
Ravindra Energy Limited (REL) has issued a postal ballot notice requesting shareholder approval on multiple resolutions, including a proposal to increase financial support to its associate entity, Energy In Motion Limited (EIM). Resolutions Under Shareholder Consideration The postal ballot seeks approval for the following items: Appointment of Mr.…
Info Edge has increased its shareholding in PB Fintech, the parent company of Policybazaar and Paisabazaar, through a restructuring process approved by the National Company Law Tribunal (NCLT). The transaction results in a notable enhancement of Info Edge’s strategic position in the fintech space. As per the disclosure,…
SEPC Limited has confirmed that its unincorporated joint venture, SEPC-Furlong JV, has secured a contract worth ₹86 crore for the development of the New Civil Enclave at Bihta Airport in Bihar. The update was disclosed through a regulatory filing under Regulation 30 of SEBI’s Listing Obligations and Disclosure…
Rishabh Instruments Limited has secured a €1 million (approx. ₹10 crore) order from a leading European electrical equipment manufacturer for Low Voltage Current Transformers. The delivery will be split evenly across FY26 and FY27. This contract supports the company’s ongoing global expansion strategy and strengthens its presence in…
ICICI Prudential Asset Managements Limited IPO Company Profile: ICICI Prudential Asset Management Company Limited (ICICI Prudential AMC) is one of India’s largest asset management companies and a subsidiary of ICICI Bank. It manages mutual funds (MF), provides portfolio management services (PMS), oversees alternative investment funds (AIF), real estates…
SoftBank-backed digital commerce firm AceVector Ltd has filed an Updated Draft Red Herring Prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI) as it moves ahead with plans to launch its initial public offering. IPO Structure The upcoming IPO will consist of a fresh issue of…
The National Stock Exchange has rolled out a pre-open session for the Futures & Options segment starting today, marking a key structural update to derivatives trading. The move is aimed at improving price discovery, liquidity, and stability during market opening. Key Highlights of the New Pre-Open Window Coverage:…
Several public sector banks have revised their lending rates following the Reserve Bank of India’s recent monetary policy announcement. The central bank’s Monetary Policy Committee (MPC), chaired by Governor Sanjay Malhotra, unanimously voted to reduce the repo rate by 25 basis points to 5.25%. The policy stance remains…
JioBlackRock Mutual Fund will open its latest offering, the JioBlackRock Arbitrage Fund, for subscription on December 9, 2025. The scheme is structured to capture arbitrage opportunities arising from pricing differences between cash and derivatives markets while maintaining part of the portfolio in debt instruments. Positioned as a low-risk…