IDFC First Bank The board has approved the preferential allotment of Rs 43.72 crore compulsorily convertible cumulative preference shares to Platinum Invictus B at an issue price of Rs 60 per share, raising approximately Rs 2,623 crore. GNG Electronics The company will provide an additional corporate guarantee of…
Reliance Industries Reliance Jio has discontinued its entry-level prepaid plans priced at Rs 209 (1GB/day for 22 days) and Rs 249 (1GB/day for 28 days). Additionally, Reliance Consumer Products has expanded into the healthy functional beverages segment, acquiring a majority stake in a joint venture with Naturedge Beverages.…
Retirement is a stage of life that everyone looks forward to — a time to enjoy the rewards of years of work, pursue hobbies, travel, and spend time with loved ones. While it may seem far away, retirement planning is a process that benefits greatly from an early…
The Reserve Bank of India (RBI) has announced a major upgrade to the Cheque Truncation System (CTS) that will enable cheque clearance within a few hours instead of the current next-day settlement. The new continuous clearing and settlement-on-realisation model will roll out in two phases, starting October 4,…
Stay informed with the latest stock market news and corporate updates that could impact trading sentiment today. Here’s a roundup of major developments across leading Indian companies. Shilpa Medicare Approves 1:1 Bonus Share Issue Shilpa Medicare has approved the issuance of bonus shares in a 1:1 ratio, rewarding…
If you’ve been thinking about your retirement savings, you’re already ahead of the curve. Among the many long-term investment options available, the National Pension System (NPS) stands out as one of the most reliable and affordable ways to build a secure retirement fund. Whether you’ve just started your…
Retirement might feel like a distant concern when you’re in your 20s or 30s, but starting early is the smartest way to ensure financial freedom later in life. One of the most reliable tools for retirement planning is investing in a pension plan. In this guide, we’ll explain…
The Shipping Corporation of India (SCI), the country’s largest state-owned shipping company, is set to make a landmark acquisition of 26 India-built ships worth approximately ₹198.2 billion (US $2.3 billion), according to recent news reports. This strategic move is part of a government-backed initiative aimed at boosting India’s…
In a significant move to boost India’s steel industry and ease raw material bottlenecks, the Ministry of Steel has exempted 202 foreign steel licences from the mandatory Bureau of Indian Standards (BIS) quality certification under the Steel Import Monitoring System (SIMS). The exemption, announced on 8 August 2025,…
The Indian stock market is buzzing with activity as major companies announce transformative deals, partnerships, and expansions. From acquisitions to innovative product launches, here’s a roundup of the latest developments driving stock market attention in August 2025. Stay informed about these key updates to make smarter investment decisions.…