Prism—OYO’s parent company—is moving ahead with key milestones in its capital restructuring plans, with 5 December set as the cut-off date for determining eligible shareholders for its proposed bonus share issuance. Under the current proposal, Prism intends to issue one fully paid bonus share for every nineteen shares…
Mukka Proteins – Secures a major ₹474.9 Cr waste management contract. (Positive) Websol Energy – Plans 4 GW integrated Topcon Cell & Module capacity expansion. (Positive) RVNL – Bags ₹145.34 Cr electrification project order from Southern Railway. (Positive) RailTel – Wins ₹48.78 Cr project from MMRDA. (Positive) Nectar…
VIP Clothing Limited has outlined an ambitious transformation strategy in its Q2 FY26 investor presentation, targeting accelerated growth and improved profitability over the next few years. Key Highlights of the Strategy Revenue Target: The company aims to achieve ₹420 crore in revenue by FY27, implying a compound annual…
Praveg Limited shareholders have approved a special resolution authorizing the company to extend loans, provide guarantees, or offer security to Abhik Advertising Private Limited (AAPL) and other entities where directors hold interests. The resolution was passed under Section 185 of the Companies Act, 2013, with overwhelming support. Voting…
Mumbai-based Justo Realfintech Limited has received three penalty orders from the Registrar of Companies (RoC) for violations of Section 42(10) of the Companies Act, 2013. The penalties arise from the company’s failure to maintain separate bank accounts for private placement application money. Penalty Breakdown Order 1: 15,00,000 on…
The Indian Government is taking significant steps to modernize the textile sector through the establishment of integrated textile facilities under the Scheme for Integrated Textile Park (SITP). So far, approval has been granted for 50 textile parks nationwide, including 12 in Maharashtra, aimed at boosting investment, creating employment,…
The Indian Government has significantly expanded the PM E-DRIVE Scheme, allocating Rs. 1,634.62 crore (~US$ 182 million) as of November 23, 2025, to accelerate the adoption of electric vehicles (EVs) and support the development of a cleaner, technology-driven transportation ecosystem. Under this initiative, Rs. 500 crore (~US$ 56…
Employee stock ownership plans (ESOPs) continued to generate liquidity opportunities for employees in India’s startup ecosystem during 2025. Recent industry data indicates that buyback programmes remained active through the year, offering payouts to a large number of employees across multiple companies. ESOP Buyback Trends in 2025 As per…
The Pension Fund Regulatory and Development Authority (PFRDA) is working on a dedicated fund-of-funds model under the National Pension System (NPS) to enable pension assets to be deployed into select Alternative Investment Funds (AIFs). The plan was outlined by PFRDA Chairperson S. Ramann during the IVCA DII &…
NBCC (India) Limited has received multiple project orders amounting to approximately ₹665.38 crore. The company confirmed that the orders were secured in the ordinary course of business and relate to construction, redevelopment, and renovation works under Project Management Consultancy (PMC) services. Breakdown of Major Work Orders The largest…