IndusInd Bank has come into focus following regulatory clearance from the Reserve Bank of India allowing HDFC Bank and its group entities to collectively acquire up to a 9.50% stake in the private sector lender. The approval marks a key regulatory development in inter-bank shareholding and investment activity.…
Can Fin Homes Limited has declared a cash dividend of ₹7.00 per equity share for its shareholders. The decision was approved by the company’s board as part of its dividend distribution for eligible equity holders. Dividend Particulars The dividend will be paid in cash to shareholders who are…
Inox Wind Limited has announced the receipt of a repeat 100MW order from Jakson Green Limited, marking the second order awarded by the same customer. The contract involves the supply of 3.3MW wind turbine generators for projects being developed in Gujarat, along with limited-scope engineering, procurement and construction…
Tata Power has announced a capital expenditure programme of ₹1.25 trillion for the period from FY26 to FY30, with a significant emphasis on expanding its clean energy portfolio, according to a report by The Economic Times. The company has set a target of achieving a total power generation…
Bharat Heavy Electricals Limited (BHEL) handed over a dividend cheque of ₹109.98 crore to the Government of India for the financial year 2024–25 during a Dividend Distribution Ceremony held on December 15, 2025, according to a release by the Press Information Bureau. Dividend Distribution Ceremony Details The dividend…
Gujarat Kidney and Super Speciality Limited has announced its initial public offering, which will be open for subscription from December 22 to December 24. The anchor book is scheduled to open on December 19. The basis of allotment is expected to be finalised on December 26, and the…
Shares of Shriram Finance moved higher on December 15, 2025, rising about 2% following reports that Japan-based Mitsubishi UFJ Financial Group (MUFG) is in advanced discussions to invest $3.2 billion, or approximately ₹29,200 crore, to acquire a 20% stake in the company. The development points to a major…
Renny Strips Limited, a Ludhiana-based manufacturer of steel products, has filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India to raise funds through an initial public offering. The company is engaged in the production of wire rods, hot-rolled coils, ERW pipes and tubes,…
Granules IndiaReceived Establishment Inspection Report (EIR) from the US FDA for inspection conducted between July 28 and August 1. B L Kashyap & SonsSecured construction orders worth ₹6.16 billion from Sattva CKC. HCL TechnologiesAurobay Technologies expanded its digital transformation partnership with the company. Deccan CementsCommissioned Line-3 cement plant…
The Production Linked Incentive (PLI) scheme has become a pivotal policy measure in enhancing India’s manufacturing capabilities and strengthening the country’s position in global trade. Launched by the Government of India, the scheme is designed to promote large-scale manufacturing, improve economies of scale, and attract both domestic and…