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Ambuja Cements Limited has reported that there were no deviations or variations in the use of proceeds from its ₹15,000.05 crore preferential issue for the quarter ended September 30, 2025. The funds, raised in two tranches during 2024, were deployed as per the company’s stated objectives, ensuring full…

DESCO INFRA, a leading player in the infrastructure sector, has reported robust financial performance for the first half of the fiscal year, driven by strong revenue growth and improved profitability. The company’s net profit jumped 94% year-over-year to ₹62.00 crore, while revenue rose 86% to ₹420.00 crore, underscoring…

Wockhardt, a leading pharmaceutical company, has reported a remarkable turnaround in its financial performance for the second quarter of FY2025–26. Despite a marginal decline in revenue, the company posted a net profit of ₹78 crore, reversing a loss of ₹22 crore recorded in the same quarter last year.…

The Indian government has extended the relaxation on stainless steel imports, allowing the sale of non-BIS-compliant (non-Bureau of Indian Standards) steel products until December 31, 2025. The decision, aimed at easing raw material shortages, has received mixed reactions — welcomed by import-dependent industries but opposed by domestic manufacturers…

Resonance Specialties Limited has reported strong financial performance for the second quarter of FY26, driven by consistent demand in both domestic and international markets. The company recorded significant year-on-year growth in revenue and profitability, reflecting its operational efficiency and export-led expansion. Key Financial Highlights Metric Q2 FY26 Q2…

RailTel Corporation of India Ltd. has secured an order worth ₹32.43 crore from the Rajasthan Council of School Education to provide Aadhaar enrolment and updation services across the state. The development marks another milestone in RailTel’s expanding role in digital governance and citizen service delivery. Order Details and…

The State Bank of India (SBI) has achieved a major milestone in the country’s bullion trade by executing its first gold transaction as a Special Category Client (SCC) on the India International Bullion Exchange (IIBX). The development marks a key step toward enhancing efficiency, transparency, and formalisation in…

As November 2025 begins, taxpayers, deductors, and government offices must stay mindful of several income tax and TDS-related compliance deadlines. Timely compliance is essential to avoid penalties and interest under the Income-tax Act, 1961. Important Compliance Dates for November 2025 🗓️ November 7, 2025 Due date for depositing…

IndusInd International Holdings Ltd (IIHL), part of the Hinduja Group, has officially commenced its joint venture with US-based Invesco Ltd by acquiring a 60% stake in Invesco Asset Management India (IAMI). This partnership aims to strengthen mutual fund distribution and investment access across India, leveraging the combined expertise…

In a landmark development for India’s technology sector, Union Minister Ashwani Vaishnaw has announced the start of semiconductor production at manufacturing facilities operated by Kaynes Technology India and CG Power. The move marks a major leap toward India’s goal of becoming a global semiconductor manufacturing hub, aimed at…