Foreign investors have infused more than $6 billion into India’s private banking sector through a series of major deals, signalling renewed global confidence in the country’s financial system. The surge in investments comes amid the Reserve Bank of India’s (RBI) supportive stance on foreign ownership and attractive valuations…
Beginning November 1, 2025, small and low-risk businesses will be able to obtain Goods and Services Tax (GST) registration within just three working days, thanks to a new simplified registration scheme introduced by the GST department. The initiative aims to streamline compliance and promote ease of doing business…
The Indian government is reportedly evaluating the possibility of granting limited relief to Vodafone Idea Ltd in connection with its additional adjusted gross revenue (AGR) dues amounting to ₹9,450 crore. The move comes as authorities review potential errors and duplicate entries in the Department of Telecommunications’ (DoT) demand…
Shadowfax Technologies Ltd, one of India’s fastest-growing logistics service providers, has filed its Updated Draft Red Herring Prospectus (UDRHP-I) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) valued at up to ₹2,000 crore. The proposed issue comprises a fresh issue of…
India’s Goods and Services Tax (GST) revenue climbed 4.6% year-on-year to ₹1.96 lakh crore in October 2025, driven by robust festive spending even as the government implemented major tax reductions on a wide range of products. The growth in collections came despite the fact that GST rates were…
Vintage Coffee & Beverages Limited (VCBL) has reported an exceptional performance for the second quarter of FY2025-26, with consolidated net profit surging 137% year-on-year to ₹178 million, up from ₹75 million in the same period last year. The results reflect the company’s strengthened operational efficiency, strategic expansion, and…
Dredging Corporation of IndiaTo undergo ₹4,000 crore modernization under a four major-port consortium to enhance dredging capacity, fleet efficiency, and global competitiveness. Signed 22 MoUs worth ₹17,645 crore with 16 organizations at India Maritime Week 2025. Zaggle PrepaidPartners with Hitachi Cash Management Services to provide the Zaggle Propel…
Mastek Limited has announced a strategic partnership with KarbonWise, an AI-powered sustainability solutions provider, to strengthen carbon accounting, Scope 3 emissions tracking, and ESG integration through data-driven insights. The collaboration aligns with Mastek’s “Lead with AI” strategy and reinforces its commitment to sustainable innovation. Key Highlights Enhanced Carbon…
Adani Ports Secures ESG Rating Upgrade from MSCI Adani Ports and Special Economic Zone Limited (APSEZ) has received an upgrade in its Environmental, Social, and Governance (ESG) rating from Morgan Stanley Capital International (MSCI), improving from ‘CCC’ to ‘B’. The upgrade reflects APSEZ’s sustained efforts to strengthen its…
Poonawalla Fincorp Limited has released details of its related party transactions for the half-year ended September 30, 2022, highlighting key financial movements across its group entities. The disclosures include significant investments, dividend payments, and portfolio adjustments. Key Highlights Equity Investment: ₹819.71 crore in Poonawalla Housing Finance Limited (subsidiary)…