One97 Communications Ltd. (OCL), the parent company of Paytm, has announced plans to invest up to ₹455 crore in two of its wholly owned subsidiaries — Paytm Money Ltd. (PML) and Paytm Services Pvt. Ltd. (PSPL). The investment is aimed at strengthening its broking and allied businesses at…
Mazagon Dock Shipbuilders Ltd. (MDL), one of India’s leading defence public sector undertakings, has issued an official clarification regarding media reports linking it to a ₹70,000-crore submarine project in collaboration with Germany’s Thyssenkrupp Marine Systems (TKMS). In its statement to the exchanges, the company described the report as…
Sona BLW Precision Forgings Ltd. (commonly known as Sona Comstar) has announced that it has received Production Linked Incentive (PLI) certificates for three additional products. This includes two certifications for traction motors designed for electric three-wheelers and one certification for traction motors for electric two-wheelers. Boost to EV…
Protean eGov Technologies Limited has announced that it has secured a major contract worth ₹1,160 crore from the Unique Identification Authority of India (UIDAI). The project, awarded on August 25, 2025, involves establishing and operating District-Level Aadhaar Seva Kendras (ASKs) across India over the next six years. Key…
Hindustan Zinc Limited (HZL), a Vedanta Group company, is preparing for a major diversification push into rare earths and critical minerals. At the company’s 59th Annual General Meeting, Chairperson Priya Agarwal Hebbar announced that HZL is broadening its portfolio beyond zinc and silver to include copper, lithium, nickel,…
After being stalled for over six months, the Centre has cleared the Defence Ministry and Mazagon Dock Shipbuilders Limited (MDL) to begin negotiations on a ₹70,000-crore deal for six submarines, to be built in India with German support under Project-75 India. In January, the Defence Ministry had selected…
The Department of Posts has announced a temporary suspension of certain postal services to the United States following the implementation of new customs regulations by the U.S. Administration. On 30th July 2025, the U.S. government issued Executive Order No. 14324, withdrawing the duty-free de minimis exemption for goods…
Adani Enterprises Limited (AEL) has taken a decisive step into the chemicals business in India by incorporating a new step-down subsidiary, CG Syn-Gas & Chemicals Limited (CSGCL), on August 23, 2025. 🔹 Key Highlights Parentage: The new entity has been set up by Mundra Synenergy Limited (MSEL), a…
Titagarh Rail Systems Limited (TRSL), one of India’s leading railway manufacturing companies, has achieved another major milestone by securing a ₹91.12 crore contract from Banaras Locomotive Works (BLW). The order involves the supply of complete shell assemblies for WAG-9HC locomotives, further cementing Titagarh Rail’s role as a key…
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has declared the commercial operation (COD) of a 50 MW solar capacity in Bhuj, Gujarat, effective 24 August 2025. This milestone adds significant weight to NTPC’s renewable portfolio and pushes the NTPC Group’s total installed power capacity to…