NTPC Limited, India’s largest power generation company, has commenced commercial operations of Unit 1 (800 MW) at the Patratu Super Thermal Power Project (STPP), effective November 5, 2025. The milestone marks a major step in NTPC’s capacity expansion and its ongoing efforts to support India’s growing electricity needs.…
Godfrey Phillips India Ltd reported a 22.9% year-on-year (YoY) rise in net profit to ₹305 crore for the quarter ended September 2025 (Q2 FY26), compared with ₹258 crore in the same period last year. The company’s profit growth was driven by stronger operating performance and cost efficiency, despite…
Medinova Diagnostic Services Limited has officially completed its merger with Vijaya Diagnostic Centre Limited, marking a notable consolidation in India’s healthcare diagnostics sector. The merger became effective on November 4, 2025, after both companies filed the National Company Law Tribunal (NCLT)-approved scheme of amalgamation with the Registrar of…
Social gaming platform Zupee has acquired Australian artificial intelligence (AI) startup Nucanon to establish a new vertical focused on interactive storytelling experiences. The acquisition marks Zupee’s strategic shift toward expanding its social and casual gaming portfolio after exiting the real-money gaming (RMG) segment. Nucanon Team to Spearhead Storytelling…
Rain Industries Limited, through its wholly owned subsidiary Rain Carbon Canada Inc. (RAINCA), has obtained C$860,000 (approximately €530,000) in funding for a two-year research and development project focused on creating eco-friendly battery anode materials. The initiative, undertaken in collaboration with Northern Graphite Corporation, seeks to convert graphite by-products…
Maruti Suzuki India Ltd, the country’s leading automobile manufacturer, has projected a 10% growth in small car sales for the second half of FY25, as it strengthens its position in the compact vehicle segment. The company also reiterated its goal of achieving a 50% market share in the…
3M India Limited reported strong results for the July–September quarter (Q2 FY26), driven by double-digit growth across all business segments and improved operational efficiency. The company posted a sharp rise in profitability and continued momentum in its healthcare and consumer divisions. Key Financial Highlights Net Profit: ₹191 crore,…
City Union Bank Limited reported a steady performance for the quarter ended September 30, 2025 (Q2 FY26), driven by higher interest income, improved asset quality, and stable loan growth. Key Financial Highlights Net Profit: ₹329 crore, up 15.1% year-on-year from ₹285 crore. Net Interest Income (NII): ₹666.5 crore,…
V2 Retail Limited, a value retail chain, has successfully raised ₹399.99 crore through a Qualified Institutional Placement (QIP), the company announced on November 3, 2025. The funds were raised by issuing 18.74 lakh equity shares to eligible institutional investors at an issue price of ₹2,134 per share, which…
The Securities and Exchange Board of India (SEBI) has granted approval to seven companies, including Meesho and Shiprocket, to raise funds through initial public offerings (IPOs). The regulatory nod reflects growing confidence in India’s primary market, which has seen a surge in filings amid strong investor appetite and…