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…
Jindal Steel and Power Limited has completed a significant capacity expansion at its Angul Integrated Steel Complex in Odisha, increasing the plant’s crude steel production capacity to 12 million tonnes per annum (MTPA). The milestone was achieved with the commissioning of the third Basic Oxygen Furnace (BOF-3), which…
C2C Advanced Systems has secured a domestic contract for the design and supply of 29 mission computing systems for counter-drone applications, according to a recent exchange filing. The order, awarded in March 2026, is scheduled for execution within the same calendar year. The company has not disclosed the…
Coal India Limited has approved a proposal to divest up to a 25% stake in its wholly owned subsidiary, Mahanadi Coalfields Limited, as part of its strategy to unlock value and enhance market participation. Board Approval for Strategic Divestment The company’s board has cleared the partial stake sale,…
Employees' Provident Fund Organisation (EPFO) is working on introducing an auto-settlement mechanism to facilitate seamless withdrawal of funds from inactive accounts, aiming to reduce unclaimed balances and improve ease of access for subscribers, according to The Times of India. Rising Unclaimed Balances Drive Reform Initiative As of February…
Tata Communications has introduced a new self-healing network platform, marking a significant step in advancing next-generation digital infrastructure. The development comes amid rising demand for resilient, AI-ready connectivity solutions across global enterprises. Introduction of Intelligent Connectivity Platform The company has unveiled its IZO™ Data Centre Dynamic Connectivity platform,…