India has introduced greater clarity in its foreign investment policy by specifying how investments linked to neighbouring countries will be evaluated under the revised Press Note 3 framework. The move is intended to streamline regulatory processes while maintaining national security safeguards. According to S Krishnan, Secretary at the…
Gujarat Mineral Development Corporation (GMDC): Signed a strategic collaboration agreement with NMDC Limited to explore opportunities in the rare earth elements segment. Rail Vikas Nigam Limited (RVNL): Received a Letter of Award worth ₹95 crore from NMDC Limited. Bharat Forge: PI Opportunities Fund acquired a 23% stake…
ICICI Prudential Mutual Fund has launched a new open-ended scheme—ICICI Prudential Diversified Equity All Cap Active Fund of Funds (FOF)—aimed at providing diversified exposure across equity mutual fund categories. The New Fund Offer (NFO), which opened on March 2, 2026, is scheduled to close on March 16, 2026.…
Reserve Bank of India has levied a monetary penalty of ₹2.70 lakh on Manappuram Finance Limited for non-compliance with regulatory guidelines on the deferral of variable compensation for key managerial personnel (KMPs). Details of the Regulatory Action The penalty was imposed through an order dated March 9, 2026,…
Adani Total Gas Limited has announced a reduction in the price of excess natural gas supplied to select industrial customers, following a decline in upstream gas costs. The move is intended to pass on cost benefits to customers while navigating ongoing supply disruptions in global energy markets. Revised…
Escorts Kubota Limited has scheduled an investor interaction with Nuvama Institutional Equities as part of its ongoing engagement with institutional stakeholders. The company disclosed the development to stock exchanges on March 16, 2026. Meeting Schedule and Format The interaction is planned as a one-on-one, in-person meeting, reflecting the…
India’s primary market is set to remain active this week, with three new initial public offerings (IPOs) scheduled to open for subscription between March 16 and March 20, 2026. The pipeline includes two mainboard offerings and one SME issue, indicating continued fundraising momentum despite volatility in the secondary…
Bajaj Electricals Limited has granted 18,894 performance-based stock options to an eligible employee under its Performance Stock Option Plan (PSOP) 2023. The approval was accorded by the company’s Nomination and Remuneration Committee during its meeting held on March 16, 2026. Key Details of the Grant The stock option…
Exicom Tele-Systems Limited has inaugurated a state-of-the-art integrated manufacturing facility in Hyderabad on March 16, 2026. The development, disclosed under SEBI Listing Regulations, marks a significant step in the company’s expansion strategy, backed by an investment of ₹216 crore. Strategic Capacity Expansion The newly operational facility is designed…
Shares of Jindal Stainless have declined nearly 17% in 2026, with the company flagging operational disruptions arising from ongoing geopolitical tensions in West Asia. The situation has affected both fuel availability and global shipping networks, creating challenges for production and supply chains. Fuel Supply Constraints Affect Operations In…
