Indian defence manufacturing companies are set to gain momentum after the Defence Acquisition Council (DAC) approved capital acquisition proposals worth approximately ₹79,000 crore. The approvals span major procurements for the Army, Navy, and Air Force, reinforcing the government’s focus on boosting indigenous defence production under the Aatmanirbhar Bharat…
Mumbai, October 24, 2025 — Hindustan Unilever Ltd. (HUL), India’s largest fast-moving consumer goods (FMCG) company, reported a mixed set of results for the second quarter ended September 2025, with stable revenue and profit aided by one-time gains. The company’s new Managing Director and CEO, Priya Nair, underscored…
Syrma SGS Technology Limited has announced its strategic entry into the renewable energy sector through the acquisition of a 49% equity stake in KSolare Energy Private Limited for ₹83.3 crore. The remaining 51% stake will be acquired by Premier Energies Limited (PEL) for ₹86.7 crore, valuing KSolare at…
Cyient Limited has announced an interim dividend of ₹16 per equity share for FY2025-26, reinforcing its commitment to shareholder value. The company has set October 24, 2025, as the record date to determine eligible shareholders, with the dividend payout scheduled by November 12, 2025. In its regulatory filing,…
Waaree Energies Limited has declared an interim dividend of ₹2 per equity share for FY2025-26, with the record date set as October 24, 2025, and the dividend payout scheduled for November 6, 2025. In its regulatory filing, the company stated: “The Board of Directors declared an interim dividend…
Cipla Enters into an agreement with Eli Lilly to distribute Tirzepatide in India under the brand name Yurpeak — used for treating Type-2 diabetes and obesity. Pricing will match Eli Lilly’s Mounjaro. Syrma SGS Signs an agreement with Premier Energies to acquire KSolare Energy for ₹170 crore, strengthening its renewable…
Vardhman Textiles Limited has announced its unaudited results for Q2 FY26 and H1 FY26, reporting a modest increase in revenue alongside a marginal decline in net profit. For the quarter ended September 30, 2025, the company recorded revenue from operations of Rs 2,480.10 crore, up 1.03% from Rs…
Pace Digitek Limited has clinched a major contract worth Rs. 1,159.31 crore from the Solar Energy Corporation of India Ltd (SECI) for a 600 MW/1200 MWh Battery Energy Storage System (BESS). The agreement includes the design, supply, implementation, and 10-year maintenance of the BESS, marking a significant milestone…
SBI Mutual Fund has successfully raised around ₹1,100 crore through the launch of its Magnum Hybrid Long Short Fund, the first product under SEBI’s newly introduced Specialised Investment Fund (SIF) framework. The New Fund Offer (NFO), which ran from October 1 to October 15, 2025, attracted over 10,000…
Garuda Construction & Engineering has added a significant contract to its portfolio, winning a ₹231 crore rehabilitation building project in Chandivali, Mumbai. This contract involves constructing approximately 6.17 lakh square feet of built-up area with a scheduled three-year completion timeline. With this addition, the company’s total order book…
