Motherson, through its joint venture Samvardhana Motherson Hamakyorex Engineered Logistics Limited (SAMRX), has signed an agreement with Dighi Port Limited (DPL), a subsidiary of Adani Ports and Special Economic Zone Limited (APSEZ), to establish a dedicated facility for automobile exports. This collaboration will position Dighi Port as the…
Within just three months of implementing the mandatory Hallmark Unique Identification (HUID) for silver, over 17 lakh silver articles have been hallmarked, reflecting strong adoption among jewellers and consumers. While the Silver Hallmarking Scheme remains voluntary, HUID marking is now compulsory for all hallmarked silver articles. Over 17…
The Reserve Bank of India (RBI) will inject approximately ₹1.45 trillion into the banking system, Governor Sanjay Malhotra announced on Friday while outlining the policy rate decisions. The liquidity infusion will comprise ₹1 trillion through open market operations (OMOs) and ₹45,000 crore ($5 billion) via a three-year US…
Manappuram Finance Limited has approved the issuance of secured, non-cumulative, redeemable, non-convertible debentures (NCDs) worth up to Rs 500 crores through a private placement. Each debenture will have a face value of Rs 1 lakh. Key Details Issue Size: Up to Rs 500 crores Face Value: Rs 1…
Diamond Power Infrastructure Ltd has received a Letter of Intent (LoI) worth ₹747.64 crore from Adani Green Energy Ltd for supplying power and solar cables to renewable energy projects in Khavda, Gujarat, and Rajasthan. The amount is exclusive of GST. Order Details Scope: Supply of cables for renewable…
The Reserve Bank of India (RBI) has issued a new directive requiring all regulated lending institutions to update borrower account information with credit information companies on a weekly basis, effective April 1, 2026. The move aims to enhance the accuracy and timeliness of credit reports, which are crucial…
The Bombay Stock Exchange (BSE) will hold mock trading sessions on December 6, 2025, across all major segments: Equity, Equity Derivatives, Commodity Derivatives, and Currency Derivatives. These sessions aim to test trading systems under simulated market conditions and ensure readiness for real-market scenarios. Purpose of Mock Trading Enable…
The Reserve Bank of India (RBI) has directed all banks to provide mobile and internet banking facilities for Basic Savings Bank Deposit (BSBD) accounts starting April 1, 2026, reinforcing its commitment to financial inclusion and equitable access. Key Guidelines Digital Access: Banks must offer internet and mobile banking…
Russia’s largest bank, Sberbank, has introduced a new mutual fund that provides Russian retail investors with access to India’s Nifty50 index, a benchmark tracking 50 of the country’s largest and most liquid companies. The initiative enables Russian investors to diversify into Indian equities and strengthens financial collaboration between…
Riaan Ventures Private Limited is set to acquire a 4.26% stake (25,99,555 shares) in Shradha AI Technologies Limited from SGR Holdings Private Limited through an inter-se transfer. The transaction is priced at ₹38.40 per share and is scheduled to occur on or after December 11, 2025. Since this…