Tata Mutual Fund has filed draft documents with the Securities and Exchange Board of India (SEBI) to launch the Tata BSE Multicap Consumption 50:30:20 Index Fund, an open-ended index scheme designed to replicate the performance of the BSE Multicap Consumption 50:30:20 Index (TRI). Investment Objective The fund seeks…
MPS Limited reported a strong performance for the quarter ended September 30, 2025 (Q2 FY26), with consolidated profit after tax (PAT) surging 57% year-on-year (YoY) to ₹55.44 crore, driven by robust operational performance, higher margins, and exceptional income. Quarterly Highlights (Q2 FY26) Revenue from operations: ₹194.44 crore, up…
Vodafone Idea Limited (Vi) is engaging with the government, banks, and non-banking financial companies (NBFCs) to resolve its adjusted gross revenue (AGR) dues and secure long-term funding. According to a Financial Express report, the telecom operator faces AGR-related liabilities of ₹78,500 crore and is seeking regulatory clarity to…
Digital payments firm Pine Labs has become the first payment aggregator in India to obtain all three key payment licences from the Reserve Bank of India (RBI), covering offline, online, and cross-border payment processing. The development marks a major regulatory milestone for the company, according to a report…
Digital payments firm Pine Labs has become the first payment aggregator in India to obtain all three key payment licences from the Reserve Bank of India (RBI), covering offline, online, and cross-border payment processing. The development marks a major regulatory milestone for the company, according to a report…
The Reserve Bank of India (RBI) has announced that municipal debt securities will now be treated as eligible collateral in repo transactions, according to its latest master circular. The move enables banks and financial institutions to borrow or lend funds using municipal bonds as security, marking a key…
Globus Spirits Limited has reported a sharp surge in profitability for the quarter ended September 30, 2025, with profit after tax (PAT) rising 1399% year-on-year to ₹23.3 crore. The growth was driven by premiumisation in its consumer segment, improved operational efficiencies, and stronger EBITDA margins across business verticals.…
Federal Card Services (FCS), a US-based card manufacturing company, has announced plans to enter the Indian market with an investment of $250 million. The company will establish its first Asian production facility in Pune, Maharashtra, marking a significant milestone in its global expansion. Facility and Operations The upcoming…
Premier Explosives Limited (PEL) has announced that it has received an export order worth ₹16.40 crore for the supply of commercial explosives. The disclosure was made to the exchanges on November 11, 2025, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Order Details…
Reliance Infrastructure Limited (R-Infra) reported a 50% year-on-year decline in consolidated net profit to ₹1,911.19 crore for the quarter ended September 30, 2025, compared to ₹4,082.53 crore in the same period last year. The decline was primarily attributed to lower total income and reduced project activity. Revenue and…