Ashoka Buildcon Ltd, a leading player in India’s infrastructure sector, has acquired a partial stake in its subsidiary, Ashoka Concessions Limited (ACL), for ₹882.25 crore. The acquisition covers 44,57,848 Class A CCDs at ₹1,007.15 each and 1,15,17,129 Class B CCDs at ₹10 each, purchased from Macquarie SBI Infrastructure…
The Securities and Exchange Board of India (SEBI) is exploring measures to simplify and strengthen the Securities Lending and Borrowing (SLB) mechanism, with the goal of making it more user-friendly and widely adopted among market participants. Speaking on the sidelines of the Global Fintech Fest 2025, Ananth Narayan,…
Lupin Ltd has announced a major expansion in the United States with plans to establish a state-of-the-art pharmaceutical manufacturing facility in Coral Springs, Florida. The project represents a $250 million investment over five years, aimed at bolstering domestic production of critical respiratory medicines and reinforcing supply chain resilience.…
Crompton Greaves Consumer Electricals Ltd (CGCEL) has announced that it has won an order worth ₹51.59 crore for the supply of solar rooftop systems to households in Telangana. Under the project scope, the company will supply inverters, AC and DC distribution boxes (ACDB & DCDB), and solar modules,…
Aditya Birla Capital Ltd (ABCL) has announced the launch of a suite of AI-driven innovations on its flagship Direct-to-Consumer (D2C) platform, ABCD, unveiled at the Global Fintech Fest (GFF) 2025. The new features mark a major step in the company’s digital transformation journey, aimed at delivering intelligent, hyper-personalised…
Vodafone Idea Ltd (Vi) is accelerating its 5G rollout across 17 priority circles and 29 cities, marking a renewed push to strengthen its market position and rebuild customer trust. Alongside network expansion, the telecom operator is sharpening its focus on Average Revenue Per User (ARPU) growth, premium offerings,…
Coal India Ltd (CIL), the state-owned coal producer, has entered into a non-binding Memorandum of Understanding (MoU) with IRCON International Ltd to jointly develop rail infrastructure aimed at improving coal transportation efficiency across the country. The agreement was signed in Kolkata on October 8, 2025, and underscores Coal…
Paradeep Phosphates Ltd (PPL) has announced that its board has officially taken on record the National Company Law Tribunal (NCLT) Bengaluru Bench’s order sanctioning the Composite Scheme of Arrangement involving Mangalore Chemicals & Fertilizers Ltd (MCF), Paradeep Phosphates, and their respective shareholders and creditors. The company also confirmed…
Adani Power Limited (APL) has initiated a Postal Ballot process to obtain shareholder approval for an additional amount linked to a Material Related Party Transaction. The voting will be conducted electronically, and results are expected to be declared shortly after the voting period concludes. The move is in…
Paradeep Phosphates Clears NCLT-Approved Merger with Mangalore Chemicals The board has approved the NCLT-sanctioned merger scheme between Mangalore Chemicals and Fertilizers and Paradeep Phosphates, paving the way for operational synergies and business consolidation in the fertilizer sector. Aditya Birla Capital Unveils AI-Driven Upgrades on D2C Platform ABCD Aditya…