The Government of India has approved 25 lakh additional LPG connections under the Pradhan Mantri Ujjwala Yojana (PMUY) for the financial year 2025–26, aiming to further expand access to clean cooking fuel across the country. Launched in May 2016, PMUY provides deposit-free LPG connections to adult women from…
Invesco Mutual Fund has announced the reopening of fresh subscriptions in three of its international Fund of Funds (FoFs), effective December 5, 2025. The fund house had temporarily suspended new investments in these schemes in October 2025 due to regulatory limits on overseas investments. Funds Reopened for Investment…
The Reserve Bank of India’s Monetary Policy Committee (MPC) has unanimously voted to cut the repo rate by 25 basis points, bringing it down to 5.25%. The decision, announced by RBI Governor Sanjay Malhotra on December 5, 2025, comes amid sharp disinflation trends observed since the October policy…
India’s renewable energy sector continues to expand rapidly, with strong growth projections driven by rising energy demand and large-scale industrial adoption. According to New and Renewable Energy Secretary Santosh Kumar Sarangi, the Commercial and Industrial (C&I) segment alone is expected to add more than 6 GW of renewable…
The Indian government has dismissed media reports claiming that New Delhi has finalized a new $2 billion submarine lease agreement with Russia ahead of President Vladimir Putin’s upcoming visit. The clarification came after the Press Information Bureau (PIB) issued a statement calling the report “misleading.” The government confirmed…
Aditya Birla Real Estate Limited (ABREL) has received in-principle approval from the Bombay Stock Exchange (BSE) to revise the financial covenants applicable to its ₹500 crore unsecured non-convertible debentures (NCDs). The approved modification relaxes the net debt-to-equity ratio requirement, providing the company with greater financial flexibility. Revised Financial…
Frontier Warehousing Limited has announced a mandatory open offer to acquire up to a 26% stake in Kesoram Industries at ₹5.48 per share, amounting to a total potential outlay of ₹442.26 crore. This development follows Frontier’s agreement to purchase a 42.80% stake from the Kesoram promoter group at…
Brookfield India Real Estate Trust has launched an institutional placement effective December 4, 2025, setting a floor price of ₹327.33 per unit. The move follows the approval received from unitholders at the meeting held on November 28, 2025. Key Highlights Detail Information Placement Launch Date December 4, 2025…
Filatex India has received a favourable ruling from the Gujarat High Court in a major tax litigation matter concerning Goods and Services Tax (GST) refund claims. The court has set aside two show cause notices issued by the Joint Commissioner of CGST, which together sought recovery of ₹166.79…
Perfect Communications Private Limited, a promoter entity of Gateway Distriparks Limited, has increased its shareholding in the company following an open market acquisition carried out on December 4, 2025. The purchase involved 2,464,591 equity shares, resulting in a change in the promoter’s ownership percentage. Updated Shareholding Position Following…