Garden Reach Shipbuilders & Engineers (GRSE) Ltd, a leading defence public sector undertaking (PSU), has announced a final dividend of ₹4.90 per share for FY25. The company has fixed September 12, 2025, as the record date to determine the eligibility of shareholders for this payout. The dividend, once…
India’s automobile industry is set to witness record-breaking festive season sales, with volumes expected to exceed 5.2 million units during the 42-day festive window starting September 22 (Navratri) and ending 15 days after Dhanteras. This surge will mark a 20% year-on-year growth, compared to 4.28 million units sold…
Adani Power Limited has expanded its footprint in Madhya Pradesh after receiving an additional Letter of Award (LoA) for 800 megawatts (MW) of power from MP Power Management Company Limited (MPPMCL) under the greenshoe option. This award, announced on September 11, 2025, brings the total capacity granted to…
Mastek Ltd, the digital engineering and cloud transformation specialist, has announced a final dividend of ₹16 per share for FY25, with September 12, 2025, as the record date. The payout will be made within 30 days of shareholder approval at the upcoming 43rd Annual General Meeting (AGM). Dividend…
Mumbai, September 2025: State-owned lender Bank of Baroda (BoB) has announced a reduction in select tenures of its Marginal Cost of Funds-based Lending Rate (MCLR), effective September 12, 2025. The move will make short-term loans cheaper for borrowers, though the rates for longer tenures such as home and…
A total of 79 companies will trade ex-dividend on Friday, September 12, 2025, making it a crucial day for dividend-seeking investors. Some of the notable names include Mastek Ltd (₹16 per share), KSE Ltd (₹50 per share), Kajaria Ceramics Ltd (₹4 per share), Cochin Shipyard Ltd (₹2.25 per…
Hyderabad-based Dr. Reddy’s Laboratories Ltd. has announced a strategic acquisition from Johnson & Johnson’s affiliate, Janssen Pharmaceutica NV, marking its entry into the anti-vertigo therapeutic space. The company will acquire the Stugeron portfolio—including key brands Stugeron FORTE and Stugeron PLUS—for $50.5 million (approximately ₹445 crore), along with related…
Reliance Industries Launches New Subsidiary "Reliance Intelligence" Reliance Industries has incorporated a wholly owned subsidiary named Reliance Intelligence, further strengthening its diversified portfolio. Rajoo Engineers Signs Deal to Acquire Manufacturing Firm Rajoo Engineers has executed a definitive agreement to acquire a company that manufactures machinery for multiple industries,…
Blue Jet Healthcare Ltd., a specialty pharmaceutical manufacturer, has announced a ₹400 crore offer for sale (OFS), with promoter Akshay Bansarilal Arora set to pare his stake in the company. The move is primarily aimed at meeting the minimum public shareholding (MPS) requirement under SEBI regulations. OFS Structure…
Arvind Limited, one of India’s leading textile-to-retail conglomerates, has taken a pioneering step in sustainable manufacturing by inaugurating the country’s first supercritical CO₂ dyeing machine at its Ahmedabad facility. The initiative, developed in collaboration with H&M Group and Deven Supercriticals, marks a breakthrough in eco-friendly dyeing technology and…