The Indian Railway Finance Corporation Ltd (IRFC) has declared an interim dividend of ₹1.05 per equity share for FY26 and fixed October 24, 2025, as the record date to determine shareholder eligibility. The dividend will be credited to shareholders’ accounts or dispatched via warrants within 30 days from…
UTI Asset Management Company Limited (UTI AMC) posted steady growth in profit and assets under management (AUM) for the quarter and half year ended September 30, 2025, driven by robust equity inflows, expanding retail participation, and continued SIP momentum. Solid Financial Performance in Q2FY26 For the September quarter,…
Marico Ltd has completed the acquisition of the remaining 46.02% stake in HW Wellness Solutions Pvt Ltd, the parent company of the True Elements brand, for up to ₹138 crore. With this deal, concluded on October 17, 2025, HW Wellness Solutions has become a wholly owned subsidiary of…
Reliance Jio Surpasses 500 Million Subscribers; Q2FY26 Profit Jumps 12.8% on Strong 5G and AI Growth
Reliance Jio Platforms Ltd (JPL), the digital arm of Reliance Industries Ltd (RIL), has achieved a major milestone by crossing the 500 million subscriber mark in the September quarter of FY26. The telecom giant added 8.3 million new users in the quarter, maintaining a low monthly churn rate…
Power Grid Corp:Power Grid Corporation of India Ltd has acquired SR WR Power Transmission Project for ₹11.29 crore, strengthening its grid infrastructure portfolio. Fortis Healthcare:Fortis Healthcare’s Northern TK Venture and PAC partners have launched an open offer to acquire 19.7 crore shares at ₹170 per share, enhancing promoter…
View on market: Volatility persists, eagerly searching for growth: Asian markets opened on a positive note on Monday after two weeks of declines, supported by improving trade relations between major economies. Regional stocks moved higher, with Japan leading the gains after a weak finish on Friday due to…
Mumbai / Delaware, October 2025: Inventurus Knowledge Solutions (IKS Health), a global leader in healthcare enablement solutions, has unveiled a cutting-edge generative AI platform built on Google Cloud technologies, designed to automate routine healthcare administration tasks. In tandem, the company has invested $10,001,605 in its US subsidiary, Inventurus…
Canara Bank, one of India’s leading public sector banks, has reduced its stake in its asset management subsidiary, Canara Robeco Asset Management Company Limited (CRAMC), from 51% to 38% through a successful Initial Public Offering (IPO). The subsidiary was listed on the National Stock Exchange of India (NSE)…
Godrej Industries Ltd (GIL) has increased its stake in its subsidiary Godrej Capital Limited (GCL) to 91.11%, following a rights issue by GCL. The holding was previously 90.89%, and GIL acquired 22,107 fully paid-up equity shares of ₹10 each, resulting in a primary capital infusion of ₹409 crore.…
Tata Motors Limited has officially changed its name to Tata Motors Passenger Vehicles Limited, following the completion of a major corporate restructuring. The Ministry of Corporate Affairs issued a fresh Certificate of Incorporation on October 13, 2025, formalizing the change as part of a composite scheme of arrangement…