Adani Enterprises’ ₹24,930 crore rights issue has achieved approximately 90% subscription a day before its scheduled closing. As of 4:50 p.m., applications were received for 124.5 million shares against the total offering of 138.5 million shares. The rights shares are priced at ₹1,800 each. Payment Structure for Investors…
Citius Transnet Investment Trust has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for an initial public offering valued at ₹1,340 crore. The IPO units, as outlined in the DRHP, amount to up to ₹1,340 crore, with as much as…
SwiggyOpens QIP; sets floor price at ₹390.51/share and looks to raise up to ₹10,000 crore. NTPC GreenStarts commercial ops of 6.6 MW from its 100 MW hybrid project in Bhuj; total installed capacity rises to 7,645.675 MW. Grasim IndustriesApproves ₹500 crore fund infusion into Aditya Birla Renewables;BlackRock’s GIP…
December 9, 2025
Cochin Shipyard to Disburse Interim Dividend on December 11
Cochin Shipyard Ltd is set to pay its interim dividend of ₹4 per equity share on December 11, 2025. The dividend pertains to the financial year 2025–26 and represents an 80% payout on shares with a face value of ₹5 each. Eligible shareholders will receive the dividend directly…
India is accelerating its space ambitions, aiming to become a developed economy by 2047 through human space exploration and private-sector-led innovation. Space Minister Jitendra Singh outlined key milestones, including the establishment of the Bharatiya Antariksh Station by 2035 and a human lunar landing by 2040. These initiatives align…
India’s smartphone export industry continues to grow rapidly, with shipments to the United States reaching US$ 1.47 billion in October 2025, more than three times the US$ 0.46 billion recorded in October 2024. The surge highlights India’s expanding role in the global smartphone supply chain. Export Performance: U.S.…
A recent survey by Moody’s highlights that banks in the Asia-Pacific region, including India, have built stronger capital buffers compared to their counterparts in the United States and Western Europe. The findings reflect the impact of prudent regulatory oversight, risk management practices, and strong internal capital generation over…
India’s Unified Payments Interface (UPI) has been recognized as the world’s largest and most widely used real-time payment system, according to the International Monetary Fund (IMF, June 25, 2025). UPI has become a global leader in transaction volume, holding an estimated 49% share of worldwide real-time payment transactions,…
Lupin Limited has announced that it has received tentative approval from the U.S. Food and Drug Administration (USFDA) for its generic version of Siponimod Tablets, used in the treatment of multiple sclerosis (MS). The approval covers product strengths of 0.25 mg, 1 mg, and 2 mg. Product and…
India’s Engineering, Procurement, and Construction (EPC) sector is experiencing significant growth, establishing itself as a key driver of employment in the country. According to CIEL HR’s ‘EPC Sector Talent Study 2025’, hiring demand in the sector has surged by 51% since 2020, reflecting India’s rapid infrastructure expansion. Current…