Food delivery major Swiggy has announced that its board will meet on November 7 to consider raising up to ₹10,000 crore through one or more funding routes. The potential capital raise may include qualified institutional placement (QIP), public or private offerings, or other mechanisms permitted under current regulations.…
ICICI Prudential Mutual Fund has announced a temporary suspension of fresh investments in the Income Distribution cum Capital Withdrawal (IDCW) options of several schemes, effective November 3, 2025. The move applies to both regular and direct plans. Scope of Suspension The restriction covers new lump-sum investments, switch-ins, and…
The Government of India has amended the Legal Metrology (Government Approved Test Centre) Rules, 2013, to simplify the verification process for weighing and measuring instruments, aiming to enhance accuracy, transparency, and ease of doing business. Key Reforms Under the Amended Rules Announced at the National Controller’s Conference in…
Shares of Dr. Lal PathLabs Ltd traded largely unchanged on Thursday amid a volatile market, as investors awaited the company’s September quarter results and key board decisions. Bonus Issue and Interim Dividend on the Agenda The company’s board of directors is set to consider its first-ever bonus share…
India’s economy is projected to expand at an average annual rate of 6.7% between 2025 and 2040, significantly outpacing China’s estimated 3% growth, according to a recent report by Singapore-based DBS Bank. The study highlights India’s demographic advantage, investment momentum, and structural reforms as key long-term growth drivers.…
India has been granted a six-month exemption from US sanctions to maintain its operations at the Chabahar Port in Iran, according to the Ministry of External Affairs (MEA). The relief, effective from September 29, 2025, provides India temporary flexibility to continue work on the strategically important port despite…
Billionbrains Garage Ventures (Groww) Limited IPO Company Profile: BillionBrains Garage Ventures Limited (Groww) is one a leading direct-to-customer digital investment platform offering comprehensive wealth creation opportunities through a wide range of financial products and services. The platform enables customers to invest and trade in stocks (including IPOs), derivatives,…
LIC MF Consumption Fund – Introduction: Focused on Consumption Led Growth Focuses on sector poised to benefit from rising consumer demand. Fund Strategy Focuses on premiumisation and discretionary consumption. Blended Investment Approach Combines top-down macro trends with bottom-up stock selection to identify emerging trends in consumption Market Cap…
BEML Limited has announced that Monday, November 3, 2025, will be the record date for identifying shareholders eligible for its upcoming stock split. The company will subdivide each existing fully paid-up equity share of ₹10 face value into two equity shares of ₹5 face value each. The move…
Reliance Industries Limited (RIL), through its subsidiary Reliance Intelligence Limited, has partnered with Google to provide complimentary access to Google’s Gemini Pro plan for eligible young Jio users. The offer, valued at approximately ₹35,100, will be available for 18 months to customers aged 18 to 25 years who…