Anand Rathi Wealth Ltd, one of India’s leading non-bank wealth management firms, has announced an interim dividend of ₹6 per equity share for the financial year 2025–26. The dividend represents 120% of the face value of ₹5 per share and reaffirms the company’s focus on consistent shareholder rewards…
Tech Mahindra Limited, a leading Indian IT services and consulting company, has announced an interim dividend of ₹15 per equity share for the financial year 2025–26, translating to 300% of the face value of ₹5 per share. The move underscores the company’s continued focus on shareholder returns and…
Edelweiss Mutual Fund has successfully raised ₹320 crore in the first subscription round of its Altiva Hybrid Long-Short Specialised Investment Fund (SIF), marking a strong debut for its new alternative investment offering. The fund drew significant interest from both individual investors and corporate treasuries, reflecting rising appetite for…
JK Paper: To Conclude Borkar Packaging Acquisition in Six Weeks JK Paper Ltd said its planned acquisition of Borkar Packaging is in the final stages and is expected to be completed within six weeks. Biocon: Biocon Biologics & Civica Expand Partnership Biocon Ltd’s subsidiary, Biocon Biologics, has expanded…
Indian Overseas Bank (IOB) reported robust financial performance for the second quarter (July–September 2025), with strong growth in both profitability and asset quality. Key Financial Highlights Net Interest Income (NII): ₹3,059 crore, up 21% YoY from ₹2,537 crore Net Profit: ₹1,226 crore, a 58% increase from ₹777 crore…
Haldiram, a leading name in India’s snacks and sweets sector, has initiated board-level discussions to finalise the size and timing of its proposed initial public offering (IPO), according to reports. The company is targeting a public issue between ₹4,000 crore and ₹5,000 crore in FY26, positioning it as…
Jyoti Structures Ltd. announced that it has secured a Notification of Award worth ₹288.36 crore from AESL Projects Limited, reinforcing its presence in the high-voltage power transmission sector. Details of the Order Under this order, Jyoti Structures will undertake a turnkey assignment for part of the +800 kV…
Air India is accelerating plans to modernise and expand its fleet, entering advanced negotiations with Airbus and Boeing to potentially acquire up to 300 aircraft. The initiative forms a crucial part of the airline’s global expansion strategy and aims to strengthen its international and domestic network. Scope of…
Indian Bank, the public sector lender, reported a net profit of ₹3,018 crore for the second quarter of FY26, marking an 11.5% increase year-on-year from ₹2,706 crore in the same quarter last year. Key Financial Highlights Net Interest Income (NII): ₹6,551 crore, up 6% YoY from ₹6,195 crore.…