Univastu India Ltd, an engineering, procurement, and construction (EPC) firm specializing in civil infrastructure projects, has announced a 2:1 bonus issue for its shareholders. The move is seen as a shareholder-friendly step aimed at improving liquidity and enhancing retail participation in the company’s stock. Details of the 2:1…
Afcons Infrastructure Ltd, part of the Shapoorji Pallonji Group, announced that it has secured a civil and allied infrastructure works contract worth ₹576 crore (including GST) as part of its regular business operations. MCA Inspection Extended to FY2024–25 In a separate regulatory filing, Afcons disclosed that it has…
Canara HSBC Life Insurance Company Ltd has garnered a strong response from institutional investors, raising ₹750.32 crore through its anchor book just a day before its initial public offering (IPO) opens for public subscription. The robust participation underscores investor confidence in the insurer’s growth trajectory and business fundamentals.…
Brightcom Group Limited, a global technology and digital solutions company, has signed a Memorandum of Understanding (MoU) with Project DYNAMO, a US-based, veteran-led humanitarian oBrightcom Group Partners with Project DYNAMO to Enhance Global Disaster Response Capabilitiesrganization renowned for executing high-risk rescue and disaster response missions across the world.…
Le Travenues Technologies Ltd., the parent company of travel platform Ixigo, has unveiled plans to raise ₹1,296 crore through a preferential issue of equity shares, marking a major milestone in its growth journey. The investment underscores strong institutional confidence in Ixigo’s long-term vision and its growing influence in…
LG Electronics India has set a new benchmark in the Indian capital markets, with its blockbuster initial public offering (IPO) attracting bids worth an unprecedented ₹4.4 lakh crore. This marks the first time any IPO in India has crossed the ₹4 lakh crore subscription mark, reflecting immense investor…
Samvardhana Motherson International Limited (NSE: MOTHERSON) has completed the acquisition of the remaining 20% stake in Youngshin Motherson Auto Tech Limited (YMAT) from Youngshin Components Co. Ltd., South Korea, making YMAT a wholly owned subsidiary. The move marks a key milestone in Motherson’s global expansion strategy within the…
Starlink, the satellite internet venture owned by Elon Musk, is gearing up to launch its satellite communication (satcom) services in India, according to recent reports. The company already holds a Global Mobile Personal Communications by Satellite (GMPCS) licence, valid for 20 years, allowing it to provide satellite-based voice…
In a major global technology deal, SoftBank Group has announced plans to acquire ABB’s robotics division for $5.4 billion, according to a report by Nikkei Asia. The acquisition, to be executed through a newly formed holding company, is expected to close between mid-2026 and late-2026, pending regulatory approvals…
India has achieved a major renewable energy milestone, surpassing 125 gigawatts (GW) of installed solar power capacity, according to Union Renewable Energy Minister Pralhad Joshi. With this achievement, India now ranks third globally in solar energy generation. Key Announcement The update was shared during the curtain raiser of…
