Maruti Suzuki India Limited has begun commercial production at the second plant of its Kharkhoda facility in Haryana, effective 18 May 2026. The new unit adds another 2.5 lakh vehicles of annual capacity, taking the total Kharkhoda output potential to 5 lakh units per year. The development strengthens…
The Government of National Capital Territory of Delhi has announced a sharp reduction in Value Added Tax (VAT) on Aviation Turbine Fuel (ATF), cutting the rate from 25% to 7%. The move is aimed at easing operating costs for airlines and supporting the aviation sector amid persistently high…
Vodafone Idea Limited is expected to remain in focus after the Aditya Birla Group announced a fresh capital infusion of ₹4,730 crore into the telecom operator. The move signals continued promoter confidence as the company works to strengthen its financial position and compete in India’s highly competitive telecom…
Maruti Suzuki India Limited has begun commercial production at the second plant of its Kharkhoda manufacturing facility in Haryana, effective May 18, 2026, according to a company filing. The development marks another step in the automaker’s ongoing capacity expansion strategy in India. The newly operational unit adds…
RBL Bank Limited witnessed selling pressure in early trade after the Ministry of Finance approved a major stake acquisition proposal by UAE-based lender Emirates NBD Bank PJSC. The stock fell over 3% following the regulatory development, even as the long-anticipated transaction moved a step closer to completion. Government…
Reliance Jio Infocomm Limited has revised its low-cost feature phone recharge structure after concerns raised by the Telecom Regulatory Authority of India (Telecom Regulatory Authority of India) over potential discrimination in device-linked tariff plans. The adjustment comes after the regulator flagged issues related to tariff plans being restricted…
The Reserve Bank of India has imposed a monetary penalty of ₹5.80 lakh on Appnit Technologies Private Limited for non-compliance with regulatory directions related to Know Your Customer (KYC) norms and Prepaid Payment Instrument (PPI) guidelines. The penalty order was issued on May 11, 2026, under the provisions…
Tata Power Company Limited has signed a Memorandum of Understanding (MoU) with Druk Green Power Corporation to develop a structured skill development ecosystem aimed at supporting Bhutan’s planned 5,000 MW clean energy expansion. The agreement was formalised on May 18, 2026, in Thimphu in the presence of Bhutan’s…
HDFC Mutual Fund has announced an Income Distribution cum Capital Withdrawal (IDCW) payout under selected options of the HDFC Arbitrage Fund. The fund house has fixed May 19, 2026, as the record date to determine eligible unitholders for the distribution. According to the disclosure issued by HDFC Trustee…
Metropolis Healthcare Limited has announced a second interim dividend of ₹1 per equity share for the financial year 2025-26. The company has fixed May 19, 2026, as the record date for determining shareholder eligibility for the dividend payout. The dividend will be paid on equity shares having a…
