RailTel Corporation of India Ltd, a government-owned provider of telecom and IT infrastructure services, has bagged a ₹149.49 crore work order from the Ministry of Home Affairs (MHA), Secretariat Security Organization. The project will involve the supply, installation, and commissioning (SITC) of an advanced IP-based CCTV surveillance system…
AXISCADES Technologies Limited has announced fresh project wins in its Electronics, Semiconductor, and Artificial Intelligence (ESAI) division, through its wholly owned subsidiary Mistral Solutions. The new contracts mark a strategic step forward in expanding the company’s design-to-build capabilities and strengthening its global client base. Scope of Work Under…
Indian Energy Exchange Ltd. (IEX), the country’s largest electricity trading platform, reported an 18.9% year-on-year increase in electricity trading volumes for August 2025, signaling its growing influence in India’s evolving power market. The exchange recorded a total traded volume of 11,803 million units (MU) during the month, significantly…
Oil and Natural Gas Corporation (ONGC) shares traded ex-dividend on September 4, 2025, making investors on record as of that date eligible for the company’s final dividend of ₹1.25 per share for FY25. In its exchange filing, ONGC said the dividend—representing 25% on a face value of ₹5…
Aptus Value Housing Finance is in focus on September 4, 2025, as reports indicate that WestBridge Capital, a key promoter group entity, is preparing to completely exit its stake in the housing finance company through a large block deal. Block Deal Details WestBridge is expected to sell its…
Sharika Enterprises Limited has announced the receipt of a contract from JSW Renew Energy Three Limited for the supply of 33KV outdoor smart SF6 load break switches (LBS). The order, disclosed to stock exchanges on September 3, 2025, will support a wind farm project being developed by JSW.…
India’s leading sports and athleisure footwear brand Campus Activewear Ltd has announced plans to expand its manufacturing capacity with an investment of ₹230 crore. The expansion will take place at its newly acquired facility in SIDCUL, Pantnagar (Uttarakhand). Acquisition of New Facility The company has purchased land and…
India’s share in global market capitalization edged higher in September but still lags behind levels seen a year ago, reflecting weaker market momentum compared to global peers. As of September 3, India’s market capitalization stood at $5.14 trillion, accounting for 3.65% of the global total of $140.81 trillion.…
Medical devices maker Poly Medicure Limited (Polymed) has announced the acquisition of a 90% stake in the Netherlands-based PendraCare Group — which includes PendraCare Holdings and Wellinq Medical — at an enterprise value of ₹188.5 crore (€18.3 million). The remaining 10% stake will be acquired in 2030, linked…
The recent GST rationalisation and income tax adjustments are expected to deliver a strong boost to India’s economy, potentially lifting GDP growth by 0.7–0.9% on an annualised basis, according to a note by Kotak Institutional Equities. The move, effective September 22, is likely to expand household purchasing power…