Brightcom Group Limited has announced major strategic initiatives, including entering the defence and aerospace sector, centralising subsidiary fund management, and withdrawing previously planned fundraising resolutions, as part of a broader organisational restructuring. New Defence Subsidiary: Brightcom Defence Pvt Ltd The company’s board approved the creation of Brightcom Defence…
Omega Seiki Mobility (OSM) has launched the Swayamgati, the world’s first production-ready autonomous electric three-wheeler, targeting urban congestion and last-mile transit challenges. The passenger variant is priced at ₹4 lakh, while the cargo version is available at ₹4.14 lakh. Swayamgati combines OSM’s electric vehicle platform with an AI-driven…
Systematic Investment Plan (SIP) contributions in India surged to an all-time high of ₹29,361 crore in September 2025, marking a 4% increase from ₹28,265 crore in August, according to data from the Association of Mutual Funds in India (AMFI). This represents the 55th consecutive month of positive equity…
EcoEx, a sustainable waste management solutions startup, has raised $4 million in a seed funding round led by Dovetail Global Fund, Navbharat Investment Fund, and Narnolia Velox Fund, with participation from both domestic and international investors. The fresh capital comes ahead of EcoEx’s planned initial public offering (IPO)…
Chennai-based EV startup Raptee.HV is set to begin commercial production and delivery of its high-voltage electric motorcycle, the T30, starting November 2025. The company has already received advance orders for around 8,000 units, highlighting strong early market interest. Raptee.HV is the first EV motorcycle OEM in India to…
Utkarsh Small Finance Bank has announced a rights issue to raise approximately ₹950 crore, following approval from the bank’s Board of Directors on October 8, 2025. The record date to determine shareholders eligible for the rights entitlement has been fixed as October 14, 2025. Rights Issue Details Issue…
In a bid to curb fraudulent mobile applications impersonating legitimate stock brokers, the Securities and Exchange Board of India (Sebi) has requested Google to introduce a verification tick mark for genuine broking apps. Sebi Whole-Time Member (WTM) Kamlesh Chandra Varshney confirmed that Google has agreed to the proposal,…
India’s largest oil and gas producer, Oil and Natural Gas Corporation (ONGC), has slipped behind food delivery major Zomato in market capitalisation — a striking contrast given ONGC’s vast portfolio of tangible assets and profitable subsidiaries. Analysts say the trend highlights a potential undervaluation of the state-run energy…
The combined market capitalisation of eight of India’s top-10 most valued companies surged by ₹1.94 trillion last week, driven by positive sentiment at Dalal Street. Tata Consultancy Services (TCS) emerged as the biggest gainer among the group, reflecting investor optimism in the IT sector. The BSE benchmark rose…
Mankind Pharma Ltd has signed a Business Transfer Agreement (BTA) with its wholly owned subsidiary, Bharat Serums and Vaccines Ltd (BSV), to acquire BSV’s Branded Generic Business in the Women’s Health Rx portfolio. The acquisition will be executed on a going concern basis through a slump sale and…