Summary: PNC Infratech Ltd. has bagged a ₹495.54 crore EPC contract in Bihar after emerging as the lowest bidder (L1) in a tender floated by the Bihar State Road Development Corporation (BSRDC). The project involves constructing a high-level bridge and approach road on the Hathouri–Atrar–Bavangama–Aurai Road, further adding…
Summary: Knack Packaging, a leading player in India’s packaging solutions industry, has filed its Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹475 crore through a fresh issue as part of its upcoming Initial Public Offering (IPO). The proceeds will primarily be used for capacity expansion and…
Hyderabad, September 5, 2025: PVV Infra Ltd has taken a decisive step into the renewable energy space, with its board approving a ₹30 crore investment in a solar power project while simultaneously strengthening its leadership team with a new executive appointment. Expanding Into Green Energy The company has…
Summary: Tata Consultancy Services (TCS) has signed an agreement with the Government of Odisha to develop Integrated Financial Management System (IFMS) 3.0, the next-generation digital platform designed to modernize and streamline the state’s public finance management. The project builds on a partnership that began in 2005 and marks…
Summary: The Bureau of Indian Standards (BIS) has rolled out voluntary Hallmarking Unique Identification (HUID)-based hallmarking for silver jewellery across India, effective September 1, 2025. Modeled on the gold hallmarking framework, the initiative aims to enhance consumer confidence by offering traceable verification of purity and authenticity. What’s New…
Summary: National Aluminium Company Limited (NALCO) has fixed Friday, September 19, 2025, as the record date for determining shareholders eligible to receive its final dividend for the financial year 2024-25. Final Dividend Details Dividend Proposed: ₹2.50 per share (50% of ₹5 face value) Status: Subject to shareholder approval…
Summary: City Union Bank (CUB) expects a credit growth boost in the coming quarters, with nearly 50% of its loan portfolio exposed to sectors that are likely to gain from recent GST rate cuts. The bank’s management indicated that MSME, agriculture, and trading segments — key drivers of…
Summary: In a historic shift, global central banks now hold more gold reserves than US Treasuries, marking the first such occurrence since 1996. Gold has emerged as the second-largest reserve asset after the US dollar, reflecting changing macroeconomic and geopolitical realities. Gold Surpasses US Treasuries in Reserve Portfolios…
Summary: Container Corporation of India Ltd. (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure Pvt. Ltd. (BPIPL) on September 4, 2025, marking its foray into the port operations business. Under the agreement, CONCOR will operate, manage, and market the upcoming container terminal at Bhavnagar…
Summary: Laxmi Goldorna House Limited (LGHL) has announced a 7-for-5 bonus share issue, meaning shareholders will receive seven new shares for every five shares held. The move, approved by the company’s board on September 4, 2025, is subject to shareholder approval at the upcoming AGM on September 30,…