Sunil Gold India Ltd has initiated the process for its initial public offering (IPO) by filing draft documents with the Securities and Exchange Board of India (SEBI). The company aims to raise capital from the public market as part of its growth and expansion strategy. As per the…
The Reserve Bank of India (RBI) has released draft Third Amendment Directions, 2026 under its Responsible Business Conduct framework, introducing stronger safeguards for customers affected by fraud in electronic banking transactions. The proposed rules are aimed at enhancing consumer protection as the use of digital banking services continues…
The Securities and Exchange Board of India (SEBI) has introduced a voluntary debit freeze facility for mutual fund investors, allowing them to temporarily lock their holdings to enhance security and prevent unauthorised transactions. The regulator announced that the feature will be available for investors holding mutual fund units…
🔹 Alkem Laboratories – The company’s subsidiary plans to acquire a 51–55% stake in Switzerland-based Occlutech, strengthening its global healthcare presence. 🔹 KPI Green Energy – Signs a Battery Energy Storage Purchase Agreement with Gujarat Urja Vikas Nigam Limited for 445 MW / 890 MWh standalone BESS…
The United States has granted a temporary 30-day waiver allowing Indian refiners to purchase Russian crude oil cargoes that are currently stranded at sea. The move comes at a time when global oil markets are facing uncertainty due to ongoing geopolitical tensions in West Asia that have disrupted…
Purchases of domestic equities by mutual funds declined sharply in February, touching their lowest level in the past three years. According to reports, mutual funds invested around ₹10,381 crore in equities during the month, marking a steep fall from the strong buying activity seen in January. In January,…
State-run mining company MOIL Limited has revised the prices of several grades of manganese ore for March 2026 as part of its pricing adjustments for the January–March quarter. The updated rates came into effect on March 1, 2026, and apply to multiple categories of manganese ore supplied by…
Shipping Routes Impacted by Regional Conflict The situation has intensified due to the ongoing hostilities involving Iran and Israel, which have raised safety concerns for vessels operating in the Gulf region. As a result, LNG carriers are currently unable to safely pass through the Strait of Hormuz to…
🔹 Dr. Reddy’s Laboratories receives an Establishment Inspection Report from the U.S. Food and Drug Administration for its Srikakulam facility with a Voluntary Action Indicated (VAI) classification. 🔹 Garden Reach Shipbuilders & Engineers signs an MoU with Kalyani Strategic Systems to jointly develop advanced naval systems, unmanned platforms,…
The Competition Commission of India (CCI) has approved a proposal by Central Bank of India to increase its shareholding in two insurance joint ventures—Generali Central Insurance Company Limited and Generali Central Life Insurance Company Limited. The approval relates to a transaction in which the public sector lender will…
