India’s aviation regulator, the Directorate General of Civil Aviation (DGCA), has released a draft proposal aimed at strengthening regulatory oversight for foreign airlines operating in the country. The proposed framework introduces digital registration requirements, stricter accountability for local representatives, and a structured passenger grievance mechanism. The draft measures…
Take Solutions Limited has announced the incorporation of a new wholly owned subsidiary, Take Ventures Private Limited, as part of its strategy to strengthen its footprint in the information technology space. The new entity has been established to expand the company’s capabilities in software development, IT services, and…
The Union government has increased the mandatory waiting period between domestic LPG cylinder bookings from 21 days to 25 days, introducing a new rule aimed at ensuring balanced distribution of cooking gas across the country. The decision was announced by the Ministry of Petroleum and Natural Gas as…
India’s largest asset manager, SBI Mutual Fund, is reportedly preparing to move ahead with its long-anticipated initial public offering (IPO). According to market reports, the company may file its Draft Red Herring Prospectus (DRHP) with the market regulator by the end of the month, although the timeline could…
Shares of Mahanagar Gas Limited are likely to remain in focus after the company informed stock exchanges about changes in its gas distribution following reduced supply from certain vendors and a new government order regulating natural gas allocation.The development comes amid evolving global energy dynamics that have affected…
Shares of Adani Ports and Special Economic Zone Limited may remain in focus after the company announced the final outcome of its cash tender offers for two series of overseas bonds. The tender offers were launched to repurchase a portion of the company’s outstanding senior notes, part of…
UFlex:The company has developed 100+ sustainable product variants across six facilities. However, demand in the Americas market remains weak. Borosil:Production at the borosilicate glass furnace has been temporarily halted, while opal glass furnaces are operating at reduced capacity due to LPG supply constraints. The company is coordinating…
Indian Oil Corporation Limited has announced a second interim dividend for the financial year 2025–26, reaffirming its commitment to delivering consistent returns to shareholders while maintaining stable financial performance. Board Approves Interim Dividend The company’s board of directors approved a 20% interim dividend, which amounts to ₹2 per…
Indian edible oil buyers are increasingly opting for prompt shipments as volatility in global prices and rising freight costs create uncertainty around import timelines. Market participants say geopolitical tensions in the Middle East are adding to concerns about potential disruptions to shipping routes. Rising Prices Make Buyers Cautious…
India’s telecom regulator, Telecom Regulatory Authority of India (TRAI), has introduced stricter measures to tackle the growing problem of spam calls and messages. The move comes as unsolicited commercial communications continue to affect consumers and as new technologies such as artificial intelligence increase the scale and sophistication of…
