The Defence Acquisition Council (DAC), chaired by the Union Defence Minister, has approved a landmark procurement plan worth approximately ₹79,000 crore, marking a major step in India’s ongoing drive to modernise its armed forces. The approvals, granted during a meeting held at South Block, cover a diverse range…
Bharat Rasayan Ltd is set to draw investor attention as its board meets today to discuss proposals for a stock split and bonus issue, alongside the release of its September quarter earnings. Proposed Corporate Actions Stock Split The company is considering a stock split to enhance liquidity and…
Orkla India Ltd, the parent company of MTR Foods, has announced the price band for its upcoming ₹1,667 crore initial public offering (IPO) at ₹695–₹730 per share. The issue will open for subscription on Wednesday, October 29, and close on Friday, October 31, 2025. IPO Details Investors can…
Federal Bank Ltd has announced board approval for a significant fund-raising initiative through a preferential issue of warrants to Asia II Topco XIII Pte. Ltd., a global private equity investor, potentially raising up to ₹6,197 crore. The move marks one of the largest single-investor capital infusions in the…
Indian defence manufacturing companies are set to gain momentum after the Defence Acquisition Council (DAC) approved capital acquisition proposals worth approximately ₹79,000 crore. The approvals span major procurements for the Army, Navy, and Air Force, reinforcing the government’s focus on boosting indigenous defence production under the Aatmanirbhar Bharat…
Mumbai, October 24, 2025 — Hindustan Unilever Ltd. (HUL), India’s largest fast-moving consumer goods (FMCG) company, reported a mixed set of results for the second quarter ended September 2025, with stable revenue and profit aided by one-time gains. The company’s new Managing Director and CEO, Priya Nair, underscored…
Syrma SGS Technology Limited has announced its strategic entry into the renewable energy sector through the acquisition of a 49% equity stake in KSolare Energy Private Limited for ₹83.3 crore. The remaining 51% stake will be acquired by Premier Energies Limited (PEL) for ₹86.7 crore, valuing KSolare at…
Cyient Limited has announced an interim dividend of ₹16 per equity share for FY2025-26, reinforcing its commitment to shareholder value. The company has set October 24, 2025, as the record date to determine eligible shareholders, with the dividend payout scheduled by November 12, 2025. In its regulatory filing,…
Waaree Energies Limited has declared an interim dividend of ₹2 per equity share for FY2025-26, with the record date set as October 24, 2025, and the dividend payout scheduled for November 6, 2025. In its regulatory filing, the company stated: “The Board of Directors declared an interim dividend…
Cipla Enters into an agreement with Eli Lilly to distribute Tirzepatide in India under the brand name Yurpeak — used for treating Type-2 diabetes and obesity. Pricing will match Eli Lilly’s Mounjaro. Syrma SGS Signs an agreement with Premier Energies to acquire KSolare Energy for ₹170 crore, strengthening its renewable…