Mukka Proteins Limited announced that its joint venture (JV) has won a ₹474-crore order from Bengaluru Solid Waste Management Limited. The development has boosted investor sentiment, positioning the company for expansion beyond its core animal protein business. Contract Highlights The JV, formed with Hardik Gowda and MS Jathin…
Indian Refiners Gear Up for Second US LPG Tender, Eyeing Four More Cargoes Amid Diversification Push
In a continued effort to diversify energy imports and strengthen bilateral trade ties with the United States, Indian state-run refiners are preparing to issue a second tender in the coming months to secure four additional cargoes of liquefied petroleum gas (LPG) from U.S. suppliers. This follows the successful…
Mahindra & Mahindra (M&M) has exited a portion of its long-held strategic investment in CIE Automotive S.A., selling a 3.6% stake in the Spain-based components manufacturer. The transaction was carried out through the company’s Mauritius subsidiary and has generated proceeds of approximately €119 million, equivalent to nearly ₹1,200…
JSW Steel’s agreement with Japan’s JFE Steel to form a 50:50 joint venture for Bhushan Power & Steel Ltd (BPSL), valued at ₹53,100 crore, has been received positively by analysts as the deal valuation surpassed earlier estimates. The development has led to upward revisions in target prices and…
The Indian government has barred 87 unauthorised loan applications following rising concerns about data privacy violations, harassment, and fraudulent financial activity. The Ministry of Electronics and Information Technology (MeitY) executed the order under Section 69A of the Information Technology Act, 2000. The action was disclosed in the Lok…
Signpost India Limited has received approval from both the BSE and NSE for the reclassification of select individuals and an entity from the promoter/promoter group category to public shareholders. This reclassification, carried out under Regulation 31A of the SEBI (LODR) Regulations, pertains to the following: Name Previous Category…
Biofil Chemicals and Pharmaceuticals Ltd. has settled a regulatory fine of ₹4,24,823.60 levied by BSE Limited, while formally registering its disagreement with the penalty. The fine was imposed for an alleged violation of Regulation 17(1)(c) under SEBI’s Listing Obligations and Disclosure Requirements (LODR), which relates to board composition…
Panorama Studios International Ltd. is gearing up to execute its recently approved bonus share issuance, with December 5, 2025 designated as the Record Date to identify eligible shareholders. The announcement follows shareholder approval secured during the Extraordinary General Meeting (EGM) held on November 24, 2025. Bonus Ratio and…
India’s capital market regulator, SEBI, has rolled out a new single-window framework designed to make market entry faster and easier for low-risk foreign investors. The introduction of the new system is expected to streamline regulatory procedures and strengthen India’s position as a preferred destination for global capital. What…
Hindustan Unilever Ltd. (HUL) is preparing for a significant step in its corporate restructuring as it spins off its ice cream division, Kwality Wall’s India, into a separate listed company. The price adjustment for HUL shares will take place during a special pre-open trading session on December 5,…