According to a recent Bloomberg report, OPEC+, led by Saudi Arabia, is anticipated to approve another increase in crude oil output at its upcoming meeting on October 5, 2025. Planned Increase: The group may raise production by at least 137,000 barrels per day, adding to the rise already…
Hyderabad-Based Infrastructure Consultancy to Enter Capital Markets Aarvee Engineering Consultants, a multidisciplinary infrastructure consultancy firm headquartered in Hyderabad, has filed a Draft Red Herring Prospectus (DRHP) with SEBI to launch its initial public offering (IPO). The IPO aims to raise ₹202.5 crore through a fresh issue of equity…
Enhancing National Grid Operations and Disaster Preparedness Power Grid Corporation of India Limited (Powergrid) has approved two major infrastructure projects worth ₹705.51 crore aimed at strengthening national grid operations and boosting disaster preparedness. The approvals were made by the company’s Committee of Directors on Investment in Projects during…
Telangana Land Sale to Subsidiary Brigade Enterprises Limited has executed a sale deed for an undivided proportionate share of land measuring 6,534 sq yards (1.35 acres) in Kokapet village, Ranga Reddy district, Telangana. The land, located in Neopolis Layout-II, was sold to Brigade Hotel Ventures Limited, a subsidiary…
AGM Highlights and Financial Performance Bharat Dynamics Limited (BDL) announced key updates from its 55th Annual General Meeting (AGM) held on September 26, 2025 via video conference. The company declared a final dividend of ₹0.65 per share, bringing the total dividend for FY25 to ₹4.65 per share, including…
Icra has revised India’s real gross domestic product (GDP) growth forecast for FY2026 to 6.5%, reflecting the positive impact of GST rationalisation and a strong Q1 economic performance, according to the rating agency’s September macroeconomic update. Policy Measures Boost Growth Outlook Icra’s Chief Economist, Aditi Nayar, highlighted that…
Strategic Entry into East African Sugar Market Dalmia Bharat Sugar & Industries has announced a strategic partnership with Eagle Agrotech Holdings Limited (EAHL) to establish sugarcane plantations and a sugar factory in Tanzania, marking the company’s first foray into the East African sugar market. Under the agreement, Dalmia…
Tata Capital, the lending arm of Tata Sons, has announced the price band for its much-anticipated initial public offering (IPO) at ₹310–326 per share (face value ₹10). The IPO will open for subscription on October 6 and close on October 8, with anchor investors’ allocation scheduled for October…
Prime Minister Narendra Modi inaugurated Bharat Sanchar Nigam Limited’s (BSNL) indigenously developed 4G network on Saturday from Jharsuguda, Odisha, marking a landmark achievement during the telecom operator’s silver jubilee. Digital India & Aatmanirbhar Bharat: The rollout positions India among a select group of countries capable of manufacturing its…
Expanding Financing Beyond Railways Indian Railway Finance Corporation (IRFC) has sanctioned significant loans to non-railway infrastructure projects, signaling its strategic expansion beyond traditional railway financing. Notable approvals include a ₹4,000 crore term loan for Talcher Fertilizers Limited (TFL) and a ₹12,640 crore loan for Chhattisgarh State Power Generation…