Embassy Office Parks REIT has finalized the acquisition of a 0.3 million sq ft premium office property at Bengaluru’s Embassy GolfLinks Business Park for ₹852 crore (US$ 94 million). The property comes with long-term leases to a leading global investment firm, offering the REIT a secure and stable…
The Defence Research and Development Organisation (DRDO) has successfully conducted its first high-speed rocket-sledge test of an indigenous fighter aircraft ejection seat. The test was carried out using the Rail Track Rocket Sledge (RTRS) facility at the Terminal Ballistics Research Laboratory in Chandigarh, marking a major milestone in…
Computer Age Management Services (CAMS) will undergo a stock split this week, with the record date scheduled for Friday, December 4, 2025. As a result, the shares will trade ex-split from the same day. In its exchange notification, the company confirmed that each existing equity share of ₹10…
India’s electric two-wheeler (e-2W) segment continued its growth trajectory in 2025, recording over 1.18 million registrations between January and November, according to Vahan Portal data. This marks an increase from 1.07 million registrations in the same period last year. The industry saw a noticeable surge in November registrations,…
Pine Labs Limited has reported a solid financial performance for the quarter ending September 30, 2025, reflecting continued momentum across its payments and fintech offerings. Steady Revenue Growth and Better Profit Margins The company’s operating revenue rose to ₹650 crore, marking an 18% increase year-on-year. Growth was largely…
Mukka Proteins Limited announced that its joint venture (JV) has won a ₹474-crore order from Bengaluru Solid Waste Management Limited. The development has boosted investor sentiment, positioning the company for expansion beyond its core animal protein business. Contract Highlights The JV, formed with Hardik Gowda and MS Jathin…
Indian Refiners Gear Up for Second US LPG Tender, Eyeing Four More Cargoes Amid Diversification Push
In a continued effort to diversify energy imports and strengthen bilateral trade ties with the United States, Indian state-run refiners are preparing to issue a second tender in the coming months to secure four additional cargoes of liquefied petroleum gas (LPG) from U.S. suppliers. This follows the successful…
Mahindra & Mahindra (M&M) has exited a portion of its long-held strategic investment in CIE Automotive S.A., selling a 3.6% stake in the Spain-based components manufacturer. The transaction was carried out through the company’s Mauritius subsidiary and has generated proceeds of approximately €119 million, equivalent to nearly ₹1,200…
JSW Steel’s agreement with Japan’s JFE Steel to form a 50:50 joint venture for Bhushan Power & Steel Ltd (BPSL), valued at ₹53,100 crore, has been received positively by analysts as the deal valuation surpassed earlier estimates. The development has led to upward revisions in target prices and…
The Indian government has barred 87 unauthorised loan applications following rising concerns about data privacy violations, harassment, and fraudulent financial activity. The Ministry of Electronics and Information Technology (MeitY) executed the order under Section 69A of the Information Technology Act, 2000. The action was disclosed in the Lok…