Nippon LifeSigned an agreement with DWS Group to strengthen its AIF platform in India, with DWS acquiring a 40% stake in Nippon Life India AIF Management. Godawari PowerCompleted the public hearing for increasing capacity at its Ari Dongri Iron Ore Mines from 2.35 MTPA to 6 MTPA. NBCCReceived…
Ashok Leyland Limited, the flagship company of the Hinduja Group and one of India’s leading commercial vehicle manufacturers, reported a record consolidated net profit of ₹820 crore for the quarter ended September 2025 (Q2FY26), reflecting a 7% year-on-year (YoY) increase. Revenue and Profit Growth The company’s consolidated revenue…
Inflows into Gold Exchange-Traded Funds (ETFs) in India cooled slightly in October 2025, slipping 7% month-on-month to ₹7,743 crore, compared with ₹8,363 crore in September, according to data from the Association of Mutual Funds in India (AMFI). Gold ETF Monthly Trend The moderation follows an exceptional 282% jump…
The Ministry of External Affairs (MEA) on November 12, 2025, announced the nationwide rollout of the Passport Seva Programme (PSP V2.0), Global Passport Seva Programme (GPSP V2.0), and the new e-Passport initiative, aimed at enhancing efficiency, security, and convenience in passport services for Indian citizens in India and…
Ircon International Limited, a Navratna PSU under the Ministry of Railways, has reported its Q2FY26 and H1FY26 financial results, showing a decline in revenue and profitability compared to the previous year, while maintaining a robust order book. Q2FY26 Financial Performance Parameter Q2FY25 Q2FY26 Change YoY Total Income ₹2,538.6…
Cochin Shipyard Limited (CSL) reported its Q2FY26 and H1FY26 financial results, showing steady operational performance across shipbuilding and repair segments, despite a high base from the previous year. The company also declared an interim dividend of ₹4 per share. Q2FY26 Financial Performance (Consolidated) Parameter Q2FY25 Q2FY26 Change YoY…
Data Patterns Limited has announced its Q2FY26 earnings, reflecting significant top-line growth driven by robust execution of key defence contracts. The company, specializing in avionics, electronic warfare, and space systems, reported a 62.4% YoY increase in net profit alongside a substantial rise in revenue. Q2FY26 Financial Highlights Parameter…
National Aluminium Company Limited (NALCO), a Navratna CPSE under the Ministry of Mines, has delivered a record dividend of ₹1,928.46 crore for FY2024-25. The Government of India, holding a 51.28% stake, received ₹988.88 crore from this payout—the highest ever in NALCO’s history. Dividend Highlights Particular Amount (₹ crore)…
Foseco India Limited has successfully completed the acquisition of a 75% stake in Morganite Crucible (India) Limited, marking a significant strategic expansion in the industrial materials sector. The acquisition, first announced on August 22, 2025, was finalized on November 12, 2025, making Morganite Crucible (India) a subsidiary of…
Infosys Ltd has launched its largest-ever share buyback program worth ₹18,000 crore, aiming to repurchase 10 crore shares at ₹1,800 per share, representing a 16% premium over the prevailing market price. The buyback constitutes 2.41% of the company’s total equity. Promoters, including Nandan M. Nilekani and Sudha Murty,…