L&T Unveils Major Five-Year Investment Strategy Larsen & Toubro has announced a large-scale investment plan as part of its long-term strategic roadmap named “Lakshya 31.” The company plans to invest approximately ₹43,000-45,000 crore across multiple business verticals during the next five years. The investment programme focuses primarily on…
India Records Highest Annual Export Performance in FY26 India achieved a major milestone in external trade during the financial year 2025-26 by recording its highest-ever exports. According to revised data released by the commerce ministry, the country’s combined exports of merchandise and services rose to $863.11 billion during…
EPFO Introduces Risk-Based Audit Framework for PF Trusts The Employees’ Provident Fund Organisation has revamped the audit system applicable to companies managing their own provident fund trusts under exempted status. Earlier, these establishments were required to undergo mandatory annual audits irrespective of their compliance history or financial practices.…
Reliance Industries Plans Temporary Maintenance Shutdown Reliance Industries is expected to temporarily shut one of its crude processing units for scheduled maintenance activities. According to reports citing government officials, the maintenance work will commence after Nayara Energy resumes normal operations, which is anticipated by the middle of May…
PSU Bank Stocks See Broad-Based Buying Public sector banking stocks recorded gains during Wednesday’s intraday session, with several counters rising between 2% and 3%. The rally came after a period of relative underperformance and was accompanied by a stronger showing in the PSU Bank index compared to the…
Streamlined Approval Process for Strategic Investments The Government of India has rolled out a revised standard operating procedure through the Department for Promotion of Industry and Internal Trade to accelerate the review of FDI proposals originating from neighbouring countries. Under the new system, applications across 40 identified manufacturing…
IMF Advocates Market-Based Fuel Pricing International Monetary Fund has recommended that countries across Asia allow domestic fuel prices to reflect international market movements. The institution emphasised that suppressing fuel prices during periods of global volatility may lead to inefficiencies and create long-term fiscal challenges. According to the IMF,…
Large-Scale 4G Deployment in Kerala Bharat Sanchar Nigam Limited has accelerated its network expansion in Kerala with the installation of 6,979 4G sites. This move is part of the company’s broader plan to deploy nearly one lakh 4G sites across the country. The newly installed infrastructure is designed…
Dividend Proposal Announced Polycab India Limited has declared a dividend recommendation following its latest board meeting for FY26. The company has proposed a dividend of ₹47 per equity share, representing 470% of the face value of ₹10 per share. This announcement reflects the company’s approach toward distributing profits…
Sharp Increase in Cybersecurity Allocation Punjab National Bank has stepped up its investment in cybersecurity as part of a broader strategy to safeguard digital operations. The bank has earmarked approximately ₹700 crore to ₹800 crore for cybersecurity initiatives, which accounts for nearly one-fifth of its overall technology budget.…
