Manorama Industries: The board has approved a proposal to raise up to ₹500 crore through equity and/or debt instruments. Sigma Advanced: The company has completed the sale of its stake in Extrovis AG for ₹138 crore. DCM Shriram: The company plans to incur capex of up to…
Japan is planning a significant overhaul of its immigration fee structure, with proposals that could sharply increase the cost of visa extensions and permanent residency applications. The move is aimed at addressing the rising administrative burden linked to the country’s growing foreign resident population. Proposed Amendments to Immigration…
Shares of Indo Tech Transformers Limited may remain in focus after the company announced that a previously disclosed order worth ₹64.99 crore has been cancelled by the customer. The company informed stock exchanges about the development in accordance with Regulation 30(7) of the Securities and Exchange Board of…
Shares of Redington Limited are likely to remain in focus after the company received a favourable tax ruling that set aside a significant demand raised by the Income Tax Department. The company informed stock exchanges that an appellate authority has quashed ₹230.21 crore out of a larger tax…
India’s aviation regulator, the Directorate General of Civil Aviation (DGCA), has released a draft proposal aimed at strengthening regulatory oversight for foreign airlines operating in the country. The proposed framework introduces digital registration requirements, stricter accountability for local representatives, and a structured passenger grievance mechanism. The draft measures…
Take Solutions Limited has announced the incorporation of a new wholly owned subsidiary, Take Ventures Private Limited, as part of its strategy to strengthen its footprint in the information technology space. The new entity has been established to expand the company’s capabilities in software development, IT services, and…
The Union government has increased the mandatory waiting period between domestic LPG cylinder bookings from 21 days to 25 days, introducing a new rule aimed at ensuring balanced distribution of cooking gas across the country. The decision was announced by the Ministry of Petroleum and Natural Gas as…
India’s largest asset manager, SBI Mutual Fund, is reportedly preparing to move ahead with its long-anticipated initial public offering (IPO). According to market reports, the company may file its Draft Red Herring Prospectus (DRHP) with the market regulator by the end of the month, although the timeline could…
Shares of Mahanagar Gas Limited are likely to remain in focus after the company informed stock exchanges about changes in its gas distribution following reduced supply from certain vendors and a new government order regulating natural gas allocation.The development comes amid evolving global energy dynamics that have affected…
Shares of Adani Ports and Special Economic Zone Limited may remain in focus after the company announced the final outcome of its cash tender offers for two series of overseas bonds. The tender offers were launched to repurchase a portion of the company’s outstanding senior notes, part of…