Poonawalla Fincorp Limited has released details of its related party transactions for the half-year ended September 30, 2022, highlighting key financial movements across its group entities. The disclosures include significant investments, dividend payments, and portfolio adjustments. Key Highlights Equity Investment: ₹819.71 crore in Poonawalla Housing Finance Limited (subsidiary)…
Hindustan Unilever Limited (HUL) announced that the National Company Law Tribunal (NCLT), Mumbai Bench, has sanctioned its scheme of arrangement for the demerger of its Ice Cream Business, including Kwality Wall’s (India) Limited. The approval marks a key milestone in HUL’s ongoing restructuring to create more focused and…
The National Highways Authority of India (NHAI) has simplified the Know Your Vehicle (KYV) process for FASTag users to make the verification procedure easier and improve overall customer experience. As per the revised guidelines issued by the Indian Highways Management Company Limited (IHMCL), FASTag services for non-compliant vehicles…
The National Payments Corporation of India (NPCI) has launched UPI Help, an integrated in-app customer assistance and grievance redressal feature designed to enhance transparency and user experience across Unified Payments Interface (UPI) platforms. The feature was introduced during the Global Fintech Festival (GFF) 2025. Integrated Support for Users…
Food delivery major Swiggy has announced that its board will meet on November 7 to consider raising up to ₹10,000 crore through one or more funding routes. The potential capital raise may include qualified institutional placement (QIP), public or private offerings, or other mechanisms permitted under current regulations.…
ICICI Prudential Mutual Fund has announced a temporary suspension of fresh investments in the Income Distribution cum Capital Withdrawal (IDCW) options of several schemes, effective November 3, 2025. The move applies to both regular and direct plans. Scope of Suspension The restriction covers new lump-sum investments, switch-ins, and…
The Government of India has amended the Legal Metrology (Government Approved Test Centre) Rules, 2013, to simplify the verification process for weighing and measuring instruments, aiming to enhance accuracy, transparency, and ease of doing business. Key Reforms Under the Amended Rules Announced at the National Controller’s Conference in…
Shares of Dr. Lal PathLabs Ltd traded largely unchanged on Thursday amid a volatile market, as investors awaited the company’s September quarter results and key board decisions. Bonus Issue and Interim Dividend on the Agenda The company’s board of directors is set to consider its first-ever bonus share…
India’s economy is projected to expand at an average annual rate of 6.7% between 2025 and 2040, significantly outpacing China’s estimated 3% growth, according to a recent report by Singapore-based DBS Bank. The study highlights India’s demographic advantage, investment momentum, and structural reforms as key long-term growth drivers.…
India has been granted a six-month exemption from US sanctions to maintain its operations at the Chabahar Port in Iran, according to the Ministry of External Affairs (MEA). The relief, effective from September 29, 2025, provides India temporary flexibility to continue work on the strategically important port despite…