Employees' Provident Fund Organisation (EPFO) is working on introducing an auto-settlement mechanism to facilitate seamless withdrawal of funds from inactive accounts, aiming to reduce unclaimed balances and improve ease of access for subscribers, according to The Times of India. Rising Unclaimed Balances Drive Reform Initiative As of February…
Tata Communications has introduced a new self-healing network platform, marking a significant step in advancing next-generation digital infrastructure. The development comes amid rising demand for resilient, AI-ready connectivity solutions across global enterprises. Introduction of Intelligent Connectivity Platform The company has unveiled its IZO™ Data Centre Dynamic Connectivity platform,…
ACME Solar Holdings Ltd has commissioned an additional 155 MW / 470.25 MWh of Battery Energy Storage System (BESS) capacity through its subsidiaries, marking a significant step in its energy storage expansion strategy. With this addition, the company’s total commissioned BESS capacity has increased to 297.67 MW /…
Coal India Limited has approved a proposal to divest up to a 25% stake in its wholly owned subsidiary, Mahanadi Coalfields Limited, as part of its strategy to unlock value and enhance market participation. Board Approval for Strategic Divestment The company’s board has cleared the partial stake sale,…
India’s mutual fund industry continued its steady expansion in February 2026, adding 7.64 lakh new unique investors and taking the overall investor base beyond 6.09 crore. The sustained growth reflects increasing retail participation and deeper market penetration across geographies. Growth in Folios and Assets Under Management The industry…
ICICI Prudential Life Insurance has introduced a new smallcap-focused index fund under its unit-linked insurance plan (ULIP) offerings, aimed at enabling policyholders to participate in the growth potential of emerging companies. Passive Strategy for Smallcap Exposure The newly launched ICICI Prudential Life Smallcap 250 Index Fund is structured…
Kalpataru Projects International Ltd has announced fresh order wins amounting to ₹4,439 crore, further strengthening its order book and enhancing near-term revenue visibility. The contracts, secured along with its subsidiaries, are largely concentrated in the transmission and distribution (T&D) segment. The latest inflows have enabled the company to…
Swiggy has revised its platform fee to ₹17.58 per order from ₹14.99, effective March 2026, according to reports by The Economic Times. The move brings its pricing in line with that of key competitor Zomato. Rationale Behind the Fee Revision The increase is part of Swiggy’s broader effort…
InterGlobe Aviation, the parent entity of IndiGo, has announced the appointment of Aloke Singh as its Chief Strategy Officer, reinforcing its focus on long-term growth and operational excellence. This strategic leadership addition comes as the airline sharpens its focus on enhancing efficiency and preparing for its next phase…
🔶 Key Developments Coal India: Plans up to 25% stake sale in South Eastern & Mahanadi Coalfields via OFS/IPO; approves ₹3,160 Cr guarantee for solar JV. (Positive) SEPC: Acquires 90% stake in Abu Dhabi-based Avenir International for ₹1,530 Cr, entering global oil & gas space. (Positive) G…
