Tata Capital, one of the most-anticipated IPOs of 2025, is set to open in the first half of October, with the company looking to raise between ₹16,500 crore and ₹17,500 crore. The funds are expected to support the company’s growth initiatives over the next 2–3 years, making it…
Camlin Fine Sciences Limited, a leading player in the fine chemicals sector, has extended the completion timeline for its acquisition of a majority stake in Vinpai S.A. The new deadline is now November 30, 2025, pushed back from the earlier target of September 30, 2025, due to regulatory…
Today marks the ex-date for 10 companies across India for various corporate actions, including dividends, bonus issues, stock splits, and rights issues. Investors holding shares in their demat accounts before today are eligible to receive the announced benefits. Notable names on the list include Nazara Technologies Ltd, which…
ITCONS E-Solutions has won a significant domestic contract from Hindustan Aeronautics Limited (HAL), a Defence Public Sector Undertaking under the Department of Defence Production, Ministry of Defence, for the provision of skilled manpower services. The contract, valued at ₹3,85,25,972.49, will be executed over a two-year period, starting from…
In a significant move for India’s energy sector, NTPC and Nuclear Power Corporation of India Limited (NPCIL) will jointly invest around ₹42,000 crore to develop the 2,800 MW Mahi Banswara Rajasthan Atomic Power Project (MBRAPP). The project, one of the largest nuclear power plants in the country, aims…
State-owned engineering consultancy RITES Ltd has announced that it has received a Letter of Award worth $18 million from Talis Logistics, South Africa, for the supply and commissioning of overhauled, in-service Cape Gauge ALCO diesel-electric locomotives. According to the company’s filing with the stock exchanges, the contract will…
In a major boost to India’s indigenous defence manufacturing, the Ministry of Defence (MoD) on Thursday signed a contract worth ₹62,370 crore with Hindustan Aeronautics Limited (HAL) for the procurement of 97 Light Combat Aircraft (LCA) Tejas Mk-1A for the Indian Air Force (IAF). The order comprises 68…
JSW Renew Energy Five Limited, a step-down subsidiary of JSW Energy Limited, has taken its ongoing regulatory dispute to the Supreme Court of India, filing a Civil Appeal against a recent order passed by the Appellate Tribunal for Electricity (APTEL). The case originates from a decision of the…
India’s logistics costs are significantly lower than previously believed, according to a new study released by the Department for Promotion of Industry and Internal Trade (DPIIT). The report estimates India’s logistics cost at 7.97% of GDP in FY24, much below the commonly cited 13–14% range, and lower than…
Bharat Heavy Electricals Limited (BHEL) has suffered a setback in its expansion plans after the Department of Investment and Public Asset Management (DIPAM) rejected its proposal to set up a joint venture with REC Power Development and Consultancy Limited. The decision was formally taken up during BHEL’s board…