Adani Enterprises Ltd. - Credit Rating Update - CARE Ratings assigned CARE AA-; Stable for Rs. 3,000 crore non-convertible debentures. - ICRA reaffirmed AA-; Stable for non-convertible debentures and Rs. 2,000 crore commercial paper. - Ratings indicate strong creditworthiness and financial stabilit...
JSW Steel Ltd. Credit Rating Update - Issuer rating of ‘A-’ with a stable outlook by R&I, Japan, valid until December 2025. - Rating reflects strong market position in India, technological strength, and stable earnings. - Ongoing capital investments and increased debt are noted but do not impact ov...
ACME Solar Holdings Ltd. - Share Subscription Update - Complete subscription of Rs. 1,00,000 for 10,000 equity shares at Rs. 10 face value. - 100% control and ownership now held by the listed entity. - No additional financial or growth data provided. Original Filing: https://www.bseindia.com/stock...
Syngene International Ltd. Acquires Stake in O2 Renewable Energy V Pvt Ltd. - Syngene invests Rs. 35 million for an 8.23% stake in O2 Renewable Energy V Pvt Ltd. - The acquisition supports Syngene's renewable energy goals. - Expected completion by March 31, 2026. - O2 RE V had FY 2024-25 turnover o...
SRM Contractors Ltd. Management Transition Alert - All duties and authorities transferred from CEO to Managing Director, Mr. Puneet Pal Singh, on 23rd Dec 2025. - Consolidation of strategic and operational responsibilities under Mr. Singh. - Change aims to streamline operations and facilitate expan...
The Competition Commission of India has approved Tata Steel Limited’s acquisition of the remaining 50% stake in Tata BlueScope Steel Pvt. Ltd., gaining sole control of the coated steel joint venture. #CompetitionCommissionOfIndiaIndia pib.gov.in/PressReleas...
The Competition Commission of India has approved Asia II Topco XIII Pte. Ltd., controlled by Blackstone affiliates, to acquire warrants of Federal Bank Limited, potentially holding 9.99% of the bank’s shares and nominating a director. #CompetitionCommissionOfIndiaIndia https://pib.gov.in/PressRele...
Jammu & Kashmir Bank Ltd. Board Approves Re-appointment of Ms. Shahla Ayoub - Re-appointment of Ms. Shahla Ayoub as Additional Independent Director for 3 years (Dec 26, 2025 - Dec 25, 2028), subject to shareholder approval. - Ms. Ayoub is an economist and Assistant Professor with extensive experien...
Volume shockers report for 23 December, 2025 is now available. A few significant issuers: Coal India Limited, Indian Railway Finance Corporation Limited, Cholamandalam Investment and Finance Company Limited, Puravankara Limited, Prism Johnson Limited, Electrotherm (India) Limited. $COALINDIA.NSE $I...
Bulk and block deals report for 23 December, 2025 is now available. Major issuers: BELRISE INDUSTRIES LIMITED, SMC Global Securities Limited, Restaurant Brands Asia Limited. #IndiaBulkTradesReport Full note: www.perivis.com/note/0...
Reliance Industries Ltd. Credit Rating Reaffirmed by India Ratings - Credit ratings reaffirmed on December 23, 2025 - 'IND AAA with Stable Outlook' for bank loan facilities - 'IND A1+' for Commercial Paper - Indicates strong creditworthiness and stable outlook Original Filing: https://www.bseindia...
The Ministry of Statistics & Programme Implementation held a consultative workshop on the base revision of GDP, CPI, and IIP, highlighting methodological improvements and encouraging stakeholder feedback ahead of scheduled releases in 2026. #MinistryOfStatisticsAndProgrammeImplementationIndia http...
Rail Vikas Nigam Ltd. - Leadership Change Alert - Shri Sukhmal Chand Jain ceases to be Chairman & MD as of 23.12.2025. - Shri Saleem Ahmad appointed as new Chairman & MD, effective 23.12.2025. - Shri Saleem Ahmad has 35+ years of infrastructure experience, previously with NBCC India Ltd. - No share...
NBCC (India) Ltd. - Leadership Update - Shri Saleem Ahmad ceases to be Director (Projects) due to appointment as CMD of Rail Vikas Nigam Ltd. - Effective from December 23, 2025. - No other material reasons provided. - Official correspondence and approval details included. Original Filing: https://...
Sunteck Realty Ltd. Announces Subsidiary Formation - Sunteck Realty Ltd. has established a wholly owned subsidiary, Etashi Real Estates Private Limited. - Registration date: 22nd December 2025. - Focus: Construction, real estate, and allied activities. - Share subscription: 10,000 equity shares at ...
Monte Carlo Fashions Ltd. Secures Major Solar Power Contracts - Monte Carlo Fashions Ltd. awarded multiple Letters of Award by Madhya Pradesh Urja Vikas Nigam Ltd. - Projects total 35 MW (AC) capacity, with a 25-year PPA. - EPC cost estimated at ₹3147 crore. - Contract execution timeline: 18 months...
Genesys International Corporation Ltd - Board Update - Mr. Manish Patel completed his second term as Independent Director on Dec 23, 2025. - He ceased to be Chairman of key committees: Audit, Nomination & Remuneration, Stakeholders’ Relationship, and Risk Management. - Also stepped down from CSR an...
Sequent Scientific Ltd. - Management Update - Sequent Scientific Ltd. announces the immediate resignation of VP of Business Development and Formulation, Mr. Ashish Kakabalia. - Resignation communicated to stock exchanges and disclosed as per SEBI regulations. - No further details provided regarding...
Zydus Lifesciences Ltd. Announces U.S. Partnership for Biosimilar NUFYMCO® - Zydus Lifesciences Ltd. partners with Swiss Bioeq for U.S. commercialization of NUFYMCO®, a biosimilar to Lucentis® - USFDA approved the BLA on December 18, 2025 - Bioeq will handle development, manufacturing, and registra...
Allcargo Terminals Ltd. - Leadership Update - Ms. Sumita Banerji retires as Senior Vice President - Business Development, effective December 23, 2025. - No replacement announced; no additional leadership changes disclosed. - Company has complied with SEBI regulations by updating the information on ...
Jio Financial Services Ltd. - Investment in Jio Leasing Services Limited - Jio Financial Services Ltd. subscribed to 5 crore 8.1% optionally convertible preference shares of Rs. 10 each in its wholly owned subsidiary, Jio Leasing Services Limited. - Total investment in JLSL now stands at Rs. 120.05...
GPT Infraprojects Ltd. Secures ₹199.2 Crore Railway Contract - GPT Infraprojects Ltd. awarded a ₹199.2 crore contract from North Eastern Railway. - Project involves constructing and fabricating bridges over the Rapti River, with a 730-day completion timeline. - Scope includes substructure, superstr...
GNFC Secures Rs. 360 Crore Contract for Ammonium Nitrate-II Plant Expansion - Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) awarded a Rs. 360 crore contract to Toyo Engineering India for a new Ammonium Nitrate-II plant. - Project duration: 20 months; plant capacity: 480 MTPD, nearly dou...
NHPC has commissioned Unit 2 (250 MW) of India’s largest hydropower project, the 2000 MW Subansiri Lower Hydroelectric Project, advancing India’s renewable energy goals and regional development. Full commissioning of all units is expected by 2027, boosting clean energy capacity and regional socio-ec...
Dixon Technologies (India) Ltd - Board Approvals and Director Reappointments - Appointment of Mr. Saurabh Gupta as Director-Finance for 5 years, starting 17th October 2025. - Re-appointment of Dr. Rakesh Mohan as Non-Executive Independent Director for a second 5-year term, effective 2nd February 20...
DCM Shriram Industries Ltd. - Director Resignations Alert - Two independent directors, Mrs. Meenakshi Behara and Mr. Suman Jyoti Khaitan, resigned effective 23.12.2025. - Resignations linked to Scheme of Arrangement approved by NCLT. - No other material reasons disclosed for their departure. - Mr. ...
India Post's MoS Dr. Pemmasani Chandra Sekhar reviews postal circles, emphasizing operational efficiency, financial inclusion, and tech-driven reforms. Focus on strategic growth, regional strengths, and balancing service delivery with revenue sustainability to serve over 1.4 billion citizens effecti...
ET NOW's market expert Varun Saboo shares his bullish outlook for 2026, highlighting top sector picks in banking and consumption. He discusses key themes and sectors that could outperform in the Indian equity market next year. #MarketOutlook2026 #ETNow #IndiaStocks https://www.youtube.com/watch?v=b...
R P P Infra Projects Ltd Secures ₹66.25 Crore Contract from Indian Port Rail & Ropeway Corporation Ltd. - R P P Infra Projects Ltd received a Letter of Acceptance for a ₹66.25 crore project. - Scope: Engineering, procurement, and construction of a roofing shed at New Mangalore Port. - Timeline: 6 m...
CNBC-TV18 reports on the Bombay High Court pulling up BMC Commissioner Bhushan Gagrani and the Maharashtra government over worsening air pollution in Mumbai. The court criticized civic authorities for only acting after court intervention. #MumbaiAirPollution #CNBCTV18 https://www.youtube.com/watch?...
Finolex Cables Ltd. - GST Demand Notice - Finolex Cables Ltd. received a GST demand of Rs. 22.01 crore from Chandigarh tax authorities for FY 2021-22. - The demand includes Rs. 11.83 crore in tax, Rs. 9.00 crore in interest, and Rs. 1.19 crore in penalties. - The issue relates to alleged input tax ...
Bliss GVS Pharma Ltd. - Board Approves Appointment of Mr. S. N. Kamath as Managing Director - Board meeting held on December 23, 2025, approved the appointment of Mr. S. N. Kamath as Managing Director for a three-year term. - Appointment subject to shareholder approval via postal ballot. - Mr. Kama...
Protean eGov Technologies Ltd. Management Update - Mr. Rakesh Dosi re-designated as Chief Business & Product Officer (CBPO) effective Dec 24, 2025. - Reflects increased responsibilities within Protean eGov. - Mr. Dosi brings over 25 years of experience in banking, insurance, and technology sectors....
Info Edge (India) Ltd. - Investment in Unboxrobotics Labs - Info Edge's subsidiary Redstart Labs to invest Rs. 46.81 crore in Unboxrobotics Labs. - Acquisition of 1,927 securities, resulting in a 9.29% stake. - Unboxrobotics specializes in robotics and warehouse automation, FY25 turnover of Rs. 13....
GAIL (India) Ltd. Signs MoU with Chhattisgarh for Fertilizer Project - GAIL (India) Ltd. signs MoU with Chhattisgarh government for a gas-based fertilizer project. - Conducting detailed techno-economic studies for 12.7 LMT urea plant. - Location along Mumbai–Nagpur–Jharsuguda pipeline corridor. - S...
Shree Cement Ltd. Lockout Resolved at Baloda Bazar Plant - Lockout at Baloda Bazar plant in Chhattisgarh withdrawn as of 22nd December 2025. - Lockout duration: 18th to 22nd December 2025. - Amicable settlement reached between management and workers. - Plant resumed operations at 11:00 PM on 22nd D...
Larsen & Toubro Ltd. Secures Major Order from BPCL for Bina Petrochemicals Expansion - Larsen & Toubro Ltd.'s Hydrocarbon Onshore business wins a major order from BPCL. - Project involves engineering, procurement, construction, and commissioning of a large LLDPE/HDPE Swing Unit at Bina, Madhya Prad...
Tech Mahindra Ltd: New Subsidiary in Uganda - Tech Mahindra Ltd announces the incorporation of Yabx Technologies Uganda Limited, a wholly owned subsidiary in Uganda. - The subsidiary was incorporated on 22nd December 2025 with UGX 1.7 million share capital. - Focus on providing software and analyti...
HCL Technologies Ltd. Announces Acquisition of Jaspersoft - HCL Technologies to acquire Jaspersoft for US$240 million in cash. - Acquisition aims to strengthen HCLSoftware's Data & AI division with embedded analytics and reporting. - Deal supports growth in metadata management, data catalog, and go...
HCL Technologies Ltd. Announces Acquisition of Jaspersoft - HCL Technologies to acquire Jaspersoft for US$240 million in cash. - Deal expected to close within six months, pending regulatory approvals. - Acquisition aims to strengthen HCLSoftware's Data & AI division with embedded analytics and repo...
Ambuja Cements Ltd. Announces Merger with ACC and Orient Cement - Ambuja Cements Ltd. Board approves merger with ACC Limited and Orient Cement Limited. - Merger involves issuing 328 Ambuja shares per 100 ACC shares, and 33 Ambuja shares per 100 Orient Cement shares. - Completion targeted within one...
Ambuja Cements Ltd. Announces Amalgamation Schemes - Ambuja Cements Ltd. approves two merger schemes involving subsidiaries: - ACC Limited merges into Ambuja Cements (share exchange: 328 Rs. 2 shares for 100 Rs. 10 shares) - Orient Cement Limited merges into Ambuja Cements (share exchange: 33 R...
Volume shockers report for 22 December, 2025 is now available. A few significant issuers: Indian Railway Finance Corporation Limited, Cholamandalam Investment and Finance Company Limited, KEI Industries Limited, Jupiter Wagons Limited, Rajesh Exports Limited, NIIT Limited. $IRFC.NSE $CHOLAFIN.NSE $...
HCL Technologies Ltd. to Acquire Belgian AI Startup Wobby - HCL Technologies to acquire Wobby for EUR 4.5 million, expected to complete by Feb 2026. - Wobby specializes in AI data analyst 'Agents' for natural-language querying. - Acquisition aims to boost HCLSoftware's data and AI capabilities. - F...
HCL Technologies Ltd. to Acquire Wobby to Boost AI Data Analytics Capabilities - HCL Technologies to acquire Belgian AI startup Wobby for EUR 4.5 million in cash. - Acquisition expected to close by February 2026, with 100% control transferred to HCL's subsidiary, Actian. - Wobby specializes in natu...
Adani Energy Solutions Ltd. Announces New Subsidiary in Gift City - Adani Energy Solutions Ltd. has incorporated a wholly owned subsidiary, ATSOL Global IFSC Limited, in Gift City, Gandhinagar. - Issued 50,000 equity shares at Rs. 10 each, fully paid through cash. - The subsidiary will serve as a G...
Samvardhana Motherson International Ltd. Acquires Autoelectric Wiring Business - Motherson Board approves acquisition of Nexans autoelectric GmbH's global wiring harness business. - Transaction value: EUR 207 million, cash and debt-free. - Completion targeted for Q1 FY27, pending regulatory approva...
Samvardhana Motherson International Ltd. Announces Acquisition of Nexans Autoelectric Wiring Business - Board approves acquisition of Nexans autoelectric GmbH's global wiring harness business for EUR 207 million. - Transaction includes assets and certain real estate, expected to complete by Q1 FY27...
Samvardhana Motherson International Ltd. Acquires Nexans Autoelectric Wiring Business - Motherson Board approves acquisition of Nexans autoelectric's global wiring harness business for EUR 207 million. - Transaction includes assets and select real estate, expected to close by Q1 FY27. - Autoelectri...
Varun Beverages Ltd. Announces Acquisition of Twizza (South Africa) - Varun Beverages Ltd. to acquire 100% of Twizza Proprietary Limited for ZAR 2,095 million (INR 11,187 million) - Acquisition aims to expand presence in South Africa's non-alcoholic beverage market - Twizza's FY25 turnover: ZAR 1,6...
Indus Towers Ltd. Announces UAE Subsidiary for African Market Expansion - Indus Towers Ltd. has established a wholly owned subsidiary in the UAE, Indus Towers Management FZE. - The subsidiary's primary purpose is investment in African markets (Nigeria, Uganda, Zambia). - Initial share capital is AE...
Volume shockers report for 19 December, 2025 is now available. A few significant issuers: Divi's Laboratories Limited, Shriram Finance Limited, Coromandel International Limited, Aeroflex Industries Limited, Quadrant Future Tek Limited, DCX Systems Limited. $DIVISLAB.NSE $SHRIRAMFIN.NSE $COROMANDEL....
Indian Hotels Company Ltd. - JV Transition & Strategic Update - IHCL transitions from shareholding to management in Taj GVK Hotels and Resorts Ltd. - Sells 25.52% stake to GVK-Bhupal family; GVK-Bhupal now holds 74.99% - Continues management of six hotels, including new Bengaluru property - Focuses...
IHCL Disposes 25.52% Stake in Taj GVK Hotels & Resorts - IHCL approves sale of 25.52% stake (1.60 crore shares) in Taj GVK Hotels & Resorts to Mrs. Shalini Bhupal at ₹370/share. - Transaction expected to complete within four trading days. - IHCL will continue managing Taj GVK hotels. - Taj GVK cont...
Asian Paints Ltd. - Share Encumbrance Release Update - Smiti Holding and Trading Company Private Limited released encumbrances on approx. 66.43 million shares (3.38% of Asian Paints Ltd.) - Shares were pledged for loans from Bajaj Finance, Barclays Investments, Tata Capital, and Julius Baer Capital...
Trent Ltd. ESG Risk Rating Update - Trent Ltd. received a Low Risk ESG rating of 17.8 from Morningstar Sustainalytics. - Rating based on publicly available data, independently assessed. - Company has published this rating on its website. - Indicates a favorable ESG profile, potential positive impac...
Tata Steel Ltd Acquisition of T Steel Holdings Pte. Ltd. Shares - Tata Steel Ltd acquires 148.81 billion shares of T Steel Holdings Pte. Ltd. for USD 150 million. - The acquisition maintains T Steel Holdings as a wholly owned subsidiary. - Transaction aligns with SEBI regulations. - Impact on compa...