India Cements Ltd has reported a remarkable turnaround in its financial performance for the second quarter of FY26, posting a net profit of ₹8.8 crore, compared to a loss of ₹339 crore in the same period last year. The return to profitability was supported by higher sales volumes,…
Orient Electric Ltd, one of India’s leading consumer electrical brands, has announced that it will increase fan prices by 3–4% to comply with new Bureau of Energy Efficiency (BEE) Star Rating norms. The move is aimed at offsetting higher compliance costs and safeguarding profitability, even as the company…
Power Grid Corporation of India Ltd (POWERGRID) has expanded its transmission network through the acquisition of SR WR Power Transmission Limited (SRWRPTL) for approximately ₹11.29 crore. The strategic acquisition, completed on October 17, 2025, is aimed at boosting inter-regional power transmission capacity between the Southern and Western grids…
The Securities and Exchange Board of India (SEBI) has proposed new measures to make the transfer and dematerialisation of old physical share certificates easier for investors. The initiative aims to resolve long-pending transfer requests and simplify documentation, while reinforcing dematerialisation as the long-term goal for India’s capital markets.…
The Indian Railway Finance Corporation Ltd (IRFC) has declared an interim dividend of ₹1.05 per equity share for FY26 and fixed October 24, 2025, as the record date to determine shareholder eligibility. The dividend will be credited to shareholders’ accounts or dispatched via warrants within 30 days from…
UTI Asset Management Company Limited (UTI AMC) posted steady growth in profit and assets under management (AUM) for the quarter and half year ended September 30, 2025, driven by robust equity inflows, expanding retail participation, and continued SIP momentum. Solid Financial Performance in Q2FY26 For the September quarter,…
Marico Ltd has completed the acquisition of the remaining 46.02% stake in HW Wellness Solutions Pvt Ltd, the parent company of the True Elements brand, for up to ₹138 crore. With this deal, concluded on October 17, 2025, HW Wellness Solutions has become a wholly owned subsidiary of…
Reliance Jio Surpasses 500 Million Subscribers; Q2FY26 Profit Jumps 12.8% on Strong 5G and AI Growth
Reliance Jio Platforms Ltd (JPL), the digital arm of Reliance Industries Ltd (RIL), has achieved a major milestone by crossing the 500 million subscriber mark in the September quarter of FY26. The telecom giant added 8.3 million new users in the quarter, maintaining a low monthly churn rate…
Power Grid Corp:Power Grid Corporation of India Ltd has acquired SR WR Power Transmission Project for ₹11.29 crore, strengthening its grid infrastructure portfolio. Fortis Healthcare:Fortis Healthcare’s Northern TK Venture and PAC partners have launched an open offer to acquire 19.7 crore shares at ₹170 per share, enhancing promoter…
Mumbai / Delaware, October 2025: Inventurus Knowledge Solutions (IKS Health), a global leader in healthcare enablement solutions, has unveiled a cutting-edge generative AI platform built on Google Cloud technologies, designed to automate routine healthcare administration tasks. In tandem, the company has invested $10,001,605 in its US subsidiary, Inventurus…