Oil India Limited, the Navratna PSU, has fixed September 4, 2025 as the record date for its final dividend of ₹1.50 per equity share for FY 2024–25. The board had earlier recommended this dividend on May 21, 2025, and once approved by shareholders, the payout will be credited…
Here are the major corporate developments making headlines today: Shree Cement The company’s income tax demand for FY22 has been reduced from ₹588.65 crore to ₹221.72 crore following a rectification order. UltraTech Cement The company’s MPS Committee has approved the sale of up to 2.01 crore equity shares…
The Securities and Exchange Board of India (SEBI) has extended the deadline for implementing its revised pledge-repledge margin framework to October 10, 2025. The new rules, originally scheduled to come into effect on September 1, 2025, are aimed at strengthening investor protection and improving transparency in margin obligations.…
The Securities and Exchange Board of India (SEBI) has proposed a relaxation in its newly announced index composition norms, a move that could prevent forced outflows of nearly $1 billion from HDFC Bank and ICICI Bank — the two largest constituents of the Nifty Bank index. Why SEBI’s…
Servotech Renewable Power Systems Ltd, a leading renewable energy company, has bagged a ₹28.84 crore order from the North Western Railway, Jaipur Division, to develop a 7.3 MW rooftop solar project. Key Project Highlights Capacity: 7.3 MW on-grid rooftop solar Order Value: ₹28.84 crore Scope of Work: Design,…
Key Highlights Investment Amount: ₹28 crore Stake Acquired: 1.582% in NCDEX Share Purchase: 14,18,871 equity shares at ₹197.34 each Completion Timeline: Within 60 working days from August 19, 2025 Share India Securities Limited has announced a strategic investment of ₹28 crore in the National Commodity & Derivatives Exchange…
In a significant diplomatic breakthrough, China has lifted export restrictions on fertilizers, rare earth minerals, and tunnel boring machines (TBMs) to India, as confirmed during Chinese Foreign Minister Wang Yi’s visit to New Delhi on August 18, 2025. This decision, conveyed to Indian External Affairs Minister S. Jaishankar,…
IRFC Share Price in Focus as it Backs India’s First Multi-Modal Transport Hub Indian Railway Finance Corporation (IRFC) has sanctioned a fresh term loan of ₹199.70 crore for the development of India’s first international standard multi-modal transport hub (MMTH) in Surat, Gujarat. This landmark move not only strengthens…
RVNL Dividend 2025 – Key Highlights Record Date: August 21, 2025 Final Dividend: ₹1.72 per share (17.20% on face value of ₹10) Payment Timeline: Within 30 days from declaration at AGM Rail Vikas Nigam Limited (RVNL) has fixed August 21, 2025, as the record date for its final…
HAL Dividend 2025 – Key Highlights Record Date: August 21, 2025 Final Dividend: ₹15 per share (300% on face value of ₹5) Payment Timeline: Within 30 days from shareholder approval at AGM Hindustan Aeronautics Limited (HAL) has announced its final dividend for FY 2024-25, fixing August 21, 2025,…