The US Federal Reserve, led by Chair Jerome Powell, has reduced its benchmark interest rate by 25 basis points, bringing the federal funds target range down to 3.75%–4.00%. The decision was announced on Wednesday, October 29, 2025, following the conclusion of the central bank’s two-day policy meeting. Guidance…
Helmet maker Studds Accessories Ltd has raised nearly ₹137 crore from anchor investors ahead of its initial public offering (IPO), which opens for public subscription on October 30. Strong Response from Institutional Investors According to details shared on the BSE website, the anchor allotment attracted robust interest from…
InfosysExtends its strategic partnership with Metro Bank and Workday to streamline finance operations transformation. TitanCEO Ambuj Narayan resigns from the company’s Indian Dress Wear Division. JSW SteelSubsidiary increases stake in M Res NSW HCC Pty to 83.33% from 66.67%; effective economic interest in Illawarra Metallurgical Coal rises to…
View on market: Volatility persists, eagerly searching for growth: Asian markets traded mixed as investors assessed comments from Federal Reserve Chair Jerome Powell, who struck a cautious tone on the outlook for future interest-rate reductions. The U.S. Federal Reserve, in its meeting on October 29, 2025, reduced the…
Premier Explosives Limited has received an order worth ₹429.56 crore from the Ministry of Defence for the supply of chaffs and flares to the Indian Air Force (IAF). The company stated that the order value includes GST and will be executed within 12 months. Order Details The contract…
BEML Limited has signed a Memorandum of Understanding (MoU) with the Deendayal Port Authority (DPA), Delhi Metro Rail Corporation (DMRC), and Umeandus Technologies India Pvt. Ltd. (UTIPL) for the development of a Real-Time Automatic Cargo Evacuation System, also referred to as the Enhanced Freight Transport System (e-FTS). Project…
Dhunseri Ventures Limited has approved an expansion project to enhance its BOPET (Biaxially Oriented Polyethylene Terephthalate) production capacity at its Panagarh facility in West Bengal. The project, to be executed by its wholly-owned subsidiary Dhunseri Poly Films Private Limited, involves an investment of up to ₹190 crore. Project…
The Indian Army has signed a contract to procure its first set of indigenously developed Software Defined Radios (SDRs), marking a major milestone in India’s defence indigenisation efforts. The SDR systems were designed by the Defence Research and Development Organisation (DRDO) and will be manufactured by Bharat Electronics…
ABB India Ltd. has expanded its manufacturing capabilities by adding a new production line for variable speed drives (VSDs) at its Peenya factory in Bengaluru, according to recent exchange filings. The company stated that the addition will increase local production capacity by around 25%. Expansion Details The Peenya…
Solarworld Energy has announced the signing of a binding term sheet for a 200 MWac / 272 MWp Ground Mount Solar Power Project, valued at approximately ₹802.84 crore (excluding taxes). The order was awarded by a leading domestic renewable energy company, and the project is scheduled for completion…