Indian Railway Finance Corporation Ltd (IRFC), the government-owned financing arm for railways and allied infrastructure, has entered into two major loan agreements totaling ₹16,489 crore to support upcoming supercritical thermal power projects in Haryana and Maharashtra. The agreements mark a significant push in strengthening state-level generation capacity and…
State-run defence and aerospace electronics company Bharat Electronics Ltd (BEL) on Monday announced that it has secured additional orders valued at ₹1,092 crore, strengthening its order pipeline across multiple defence segments. New Orders Across Key Defence Domains According to BEL’s regulatory filing, the newly bagged contracts cover a…
Stay ahead with today’s key market updates across corporates, financials, and regulatory actions. 🔑 Major Developments IRFC Signs Mega Loan Deals Worth ₹16,489 Crore Indian Railway Finance Corporation (IRFC) inked two major loan agreements to fund supercritical thermal power projects in Haryana and Maharashtra. ₹5,929 crore with Haryana…
Indian equities experienced $2.3 billion in outflows since July 2025, as Global Emerging Market (GEM) funds cut their allocation to India to 16.7%, the lowest level in 22 months, according to the Elara Global Liquidity Tracker. At the same time, China’s allocation in GEM funds climbed sharply to…
In a major boost to India’s air defence capabilities, the Indian Army has floated a ₹30,000 crore tender to Bharat Electronics Limited (BEL) for the procurement of the indigenously developed Anant Shastra missile systems, aimed at strengthening strategic borders with China and Pakistan, according to ANI reports. Enhancing…
Mumbai, September 2025: The Indian aviation industry is set to face a challenging fiscal year in FY2026, with rating agency Icra projecting net losses between Rs 95 billion and Rs 105 billion, a sharp rise from the estimated Rs 55 billion loss in FY2025. Slowing Passenger Growth and…
Oil India Limited (OIL), the Maharatna PSU under the Ministry of Petroleum & Natural Gas, has confirmed the occurrence of natural gas in its second exploratory well, Vijayapuram-2, located in the Andaman Shallow Offshore Block under the Open Acreage Licensing Policy (OALP). Preliminary Findings: Initial production testing revealed…
The week of September 29 to October 3, 2025, is set to witness multiple corporate actions, including stock splits, bonus share allotments, and dividend declarations, across prominent Indian companies. Stock Splits Stock splits increase the number of outstanding shares while proportionally reducing the price per share. This does…
According to a recent Bloomberg report, OPEC+, led by Saudi Arabia, is anticipated to approve another increase in crude oil output at its upcoming meeting on October 5, 2025. Planned Increase: The group may raise production by at least 137,000 barrels per day, adding to the rise already…
Hyderabad-Based Infrastructure Consultancy to Enter Capital Markets Aarvee Engineering Consultants, a multidisciplinary infrastructure consultancy firm headquartered in Hyderabad, has filed a Draft Red Herring Prospectus (DRHP) with SEBI to launch its initial public offering (IPO). The IPO aims to raise ₹202.5 crore through a fresh issue of equity…
