In a major healthcare technology collaboration, Superhealth has signed a multi-year agreement worth over ₹2,500 crore with United Imaging Healthcare, a global leader in medical imaging innovation. The partnership aims to bring cutting-edge diagnostic systems to Superhealth’s expanding hospital network across India. Next-Generation Radiology Infrastructure Under the agreement,…
Utkarsh Small Finance Bank (USFB) is set to open its rights issue on Friday, October 24, 2025, to raise up to ₹950 crore. The issue aims to boost the bank’s capital adequacy and fund its expansion plans, reinforcing its financial position for future growth. Under the rights issue,…
Bharat Electronics Ltd (BEL), the Navratna defence PSU, has bagged a ₹633 crore order from Cochin Shipyard, reinforcing its leadership in defence electronics and system integration. The contract includes the supply of key components for sensors, weapon systems, fire control mechanisms, and communication equipment, supporting India’s growing naval…
Dubai Islamic Bank (DIB), the world’s first Islamic bank and the largest in the UAE, has entered into a strategic partnership with HCLTech, a leading global technology company, to accelerate the integration of Artificial Intelligence (AI) across its operations. The collaboration, unveiled at GITEX GLOBAL 2025, underscores DIB’s…
Manali Petrochemicals:Subsidiary AMCHEM signs a share purchase agreement with Coim S.p.A. to sell its entire stake in Notedome Ltd, UK, as part of its global portfolio rebalancing. Ola Electric Mobility:Clarifies that no chargesheet has been filed in the ongoing investigation and reiterates full cooperation with authorities. Dr Reddy’s…
View on market: Volatility persists, eagerly searching for growth: Asian markets opened lower following a volatile session on Wall Street, where renewed trade concerns and weak corporate earnings dampened investor sentiment. US stocks retreated as technology shares faced pressure after cautious guidance from major companies, while Tesla slipped…
Punjab National Bank (PNB) has projected a 15 basis points (BPS) increase in its net interest margin (NIM) by March 2026, reflecting confidence in its financial performance and operational efficiency. The forecast follows the bank’s steady Q2 performance, suggesting improved profitability in the coming quarters. Margin Expansion Drivers…
Dev Information Technology Limited has announced a strategic move to raise ₹68.18 crore through the issuance of 1.5 crore convertible warrants. The company’s Board of Directors approved the preferential allotment to Aeroflex Enterprises Limited, a non-promoter entity, marking a key step in bolstering its financial position and supporting…
Mazagon Dock Shipbuilders Ltd (MDL), India’s premier warship and submarine builder under the Ministry of Defence, has entered into an exclusive Memorandum of Understanding (MoU) with France’s Naval Group to jointly offer evolved Scorpene-class submarines to a friendly foreign nation. The MoU was signed on October 16, 2025,…
Lucknow-based PTC Industries Limited has signed a landmark agreement with Bharat Dynamics Limited (BDL) to create a joint venture (JV) focused on advanced propulsion systems for missiles, UAVs, and loitering munitions. This partnership underscores India’s ongoing push for self-reliance in defence manufacturing under the ‘Make in India’ initiative.…