SEBI Chairman Tuhin Kanta Pandey has signalled that the long-awaited National Stock Exchange (NSE) initial public offering (IPO) may soon move forward, suggesting that the process will “see the light of the day” after years of delay. While Pandey did not specify a timeline, his remarks indicate renewed…
The Ministry of Labour and Employment has introduced the Employee Enrollment Scheme 2025 under the Employees’ Provident Fund Organisation (EPFO), aimed at expanding formal social security coverage. The initiative was announced by Union Labour Minister Dr. Mansukh Mandaviya during the EPFO’s 73rd Foundation Day celebrations in New Delhi.…
Edelweiss Mutual Fund has announced the launch of two new exchange-traded funds (ETFs) — the Edelweiss BSE Sensex ETF and the Edelweiss Nifty 50 ETF. Both schemes will open for subscription on November 3, 2025, and close on November 17, 2025, offering investors an opportunity to participate in…
In a major development in the ongoing resolution process of Jaiprakash Associates Ltd (JAL), the Gaur family, the company’s original promoters, has re-entered the race with an ₹18,000 crore proposal to regain control of the debt-laden infrastructure conglomerate. The latest offer surpasses competing bids from Vedanta Group and…
Pine Labs IPO Details IPO Date November 7, 2025 to November 11, 2025 Listing Date [.] Face Value ₹1 per share Issue Price Band ₹210 to ₹221 per share Lot Size 67 Shares Sale Type Fresh Capital-cum-Offer for Sale Total Issue Size 17,64,66,426 shares (aggregating up to ₹3,899.91 Cr) Fresh Issue 9,41,17,647 shares…
India’s gross Goods and Services Tax (GST) collections rose 4.6% year-on-year to ₹1,96,000 crore (US$ 22.08 billion) in October 2025, supported by strong festive season demand, pent-up consumption, and recent GST rate cuts across key consumer segments. Despite rate reductions on 375 items, including essential goods, electronics, and…
Tata Consultancy Services (TCS) has unveiled a ₹57,701 crore (US$ 6.5 billion) capital expenditure plan to bolster its digital and artificial intelligence (AI) capabilities — a landmark move reinforcing India’s ambition to achieve technological self-reliance and counter growing concerns over “tech colonisation.” The company’s CEO & MD, Mr.…
India is preparing to launch a ₹30,000-crore (US$ 3.4 billion) tender for 87 long-range Medium Altitude Long Endurance (MALE) drones to strengthen its armed forces’ surveillance and strike capabilities. However, according to a report by The Economic Times, foreign-origin designs may edge out indigenous platforms, even though the…
Ford Motor Company has announced plans to invest approximately ₹3,250 crore (US$ 366 million) to restart manufacturing operations at its Maraimalai Nagar facility near Chennai. The revived plant will focus on producing next-generation powertrains, reaffirming Ford’s long-term commitment to India’s manufacturing ecosystem. Investment and Production Plans Production at…
The Unified Payments Interface (UPI) has emerged as the preferred payment mode during India’s festive season, with total transactions reaching ₹17.8 lakh crore (US$ 200 billion), according to a report by Bank of Baroda. This marks a significant increase from ₹15.1 lakh crore (US$ 170 billion) recorded during…
