Public sector banks have transferred a cumulative ₹60,518 crore of unclaimed deposits to the Reserve Bank of India’s Depositor Education and Awareness (DEA) Fund as of January 2026, highlighting the scale of inactive financial assets within the banking system. Unclaimed Funds: Key Details The transfer of unclaimed funds…
Indian Railways has introduced a series of reforms aimed at strengthening construction quality, improving contractor accountability, and reducing project delays. The revised framework focuses on stricter eligibility checks, enhanced execution oversight, and operational improvements across both infrastructure and passenger services. Stricter Contractor Evaluation for Large Projects Under the…
Laxyo Infrastructure has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), signalling its intent to raise ₹150 crore through an initial public offering (IPO). The issue is structured entirely as a fresh equity offering, with no offer-for-sale component. IPO Structure…
NTPC Green Energy Limited has entered into a strategic collaboration with Nxtra Data Limited to explore renewable energy solutions for India’s rapidly expanding digital infrastructure sector. The agreement underscores the growing intersection between clean energy and high-consumption industries such as data centres. MoU to Enable Round-the-Clock Green Energy…
Mumbai, March 25, 2026: Mahanagar Gas Limited (MGL), one of India’s leading city gas distribution companies, has announced an attractive suite of customer-centric incentives aimed at accelerating the adoption of Piped Natural Gas (PNG) across residential societies and commercial establishments in its operating areas. The new programme, rolled…
Kotak Mahindra Bank has completed the divestment of its stake in Infina Finance Private Limited, marking a shift in its investment structure. The transaction was carried out through its wholly owned subsidiary, Kotak Mahindra Capital Company Limited. The development was formally disclosed to stock exchanges, in line with…
Mahanagar Gas Limited has introduced a new set of customer-focused incentives aimed at boosting the adoption of piped natural gas (PNG) across residential and commercial segments. The initiative is part of the company’s broader strategy to promote cleaner fuel usage and enhance accessibility within its operating regions. Enhanced…
Shares of Waaree Energies are likely to remain in focus following the company’s announcement of a two-pronged growth strategy involving increased ownership in its subsidiary and a substantial capital expenditure commitment. The initiatives underline the company’s intent to strengthen its manufacturing ecosystem and deepen its presence across key…
The allotment status for the Central Mine Planning & Design Institute (CMPDI) initial public offering (IPO) is expected to be finalised on March 25. Investors who subscribed to the issue can verify their allotment details through the official platforms of the National Stock Exchange (NSE), BSE, or the…
🔶 Key Highlights United Spirits: To divest 100% stake in Royal Challengers Sports for ₹16,660 Cr to a consortium led by Aditya Birla Group & others. (Positive) Fedbank Financial Services: Approves ₹450 Cr NCD issuance via private placement. (Neutral) Adani Enterprises: Completes acquisition of remaining stake in…
