The Employees’ Provident Fund Organisation (EPFO) reported a historic milestone in June 2025, with 21.89 lakh net member additions, the highest monthly tally since the launch of payroll data analytics in April 2018. This reflects a 9.14% growth over May 2025 and a 13.46% increase year-on-year compared to…
Adani Ports & Special Economic Zone Ltd. (APSEZ), India’s largest private port operator, has raised US$125 million through a foreign currency loan from Mitsubishi UFJ Financial Group (MUFG). The funding highlights renewed confidence from global lenders in the Adani Group and forms part of its broader strategy to…
The Cabinet Committee on Security (CCS) has approved the procurement of 97 indigenously built Light Combat Aircraft (LCA) Mk-1A, along with associated equipment, for the Indian Air Force (IAF). The development has put Hindustan Aeronautics Limited (NSE: HAL) shares in focus. CCS Approval Details In a filing with…
Godfrey Phillips India Ltd has announced that Friday, August 22, 2025, will be the record date to determine shareholders eligible for the company’s final dividend of ₹60 per share for FY 2024-25. With the dividend announcement, investors are closely tracking the Godfrey Phillips share price as the stock…
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…