India Inc. witnessed a slew of corporate updates across pharma, finance, infrastructure, energy, and technology sectors. Here’s a roundup of the major announcements impacting the markets today. Aurobindo Pharma to Complete Swarnaakshu Investment, Expands Abroad Aurobindo Pharma confirmed that the required investment for acquiring a 26% stake in…
The Central Board of Direct Taxes (CBDT) has extended the deadline for submitting audit reports under the Income-tax Act, 1961, for the Assessment Year (AY) 2025–26. The filing date, initially set for September 30, 2025, has now been moved to October 31, 2025. Reason for Extension The extension…
Power Finance Corporation Ltd (PFC), through its wholly-owned subsidiary PFC Consulting Limited (PFCCL), has set up a Special Purpose Vehicle (SPV) named Tumkur II RE Transmission Limited. The SPV is tasked with developing a transmission system to integrate an additional 1.5 GW of renewable energy capacity at Tumkur-II.…
The Reserve Bank of India (RBI) has unveiled the Authentication Mechanisms for Digital Payment Transactions Directions, 2025, setting a new framework for securing digital payments. The regulations mandate two-factor authentication (2FA) for all digital transactions while allowing banks, payment operators, and fintech firms to adopt multiple authentication methods…
Tata Capital, one of the most-anticipated IPOs of 2025, is set to open in the first half of October, with the company looking to raise between ₹16,500 crore and ₹17,500 crore. The funds are expected to support the company’s growth initiatives over the next 2–3 years, making it…
Camlin Fine Sciences Limited, a leading player in the fine chemicals sector, has extended the completion timeline for its acquisition of a majority stake in Vinpai S.A. The new deadline is now November 30, 2025, pushed back from the earlier target of September 30, 2025, due to regulatory…
Today marks the ex-date for 10 companies across India for various corporate actions, including dividends, bonus issues, stock splits, and rights issues. Investors holding shares in their demat accounts before today are eligible to receive the announced benefits. Notable names on the list include Nazara Technologies Ltd, which…
ITCONS E-Solutions has won a significant domestic contract from Hindustan Aeronautics Limited (HAL), a Defence Public Sector Undertaking under the Department of Defence Production, Ministry of Defence, for the provision of skilled manpower services. The contract, valued at ₹3,85,25,972.49, will be executed over a two-year period, starting from…
In a significant move for India’s energy sector, NTPC and Nuclear Power Corporation of India Limited (NPCIL) will jointly invest around ₹42,000 crore to develop the 2,800 MW Mahi Banswara Rajasthan Atomic Power Project (MBRAPP). The project, one of the largest nuclear power plants in the country, aims…
State-owned engineering consultancy RITES Ltd has announced that it has received a Letter of Award worth $18 million from Talis Logistics, South Africa, for the supply and commissioning of overhauled, in-service Cape Gauge ALCO diesel-electric locomotives. According to the company’s filing with the stock exchanges, the contract will…