Bharat Dynamics Completes First Production Model of Advanced Akash Weapon System

Bharat Dynamics Completes First Production Model of Advanced Akash Weapon System Bharat Dynamics Limited (BDL) has successfully completed the first-off production model of the advanced Akash Weapon System, marking a significant milestone in India’s indigenous defence manufacturing capabilities. The development represents a major step forward in strengthening the country’s air defence infrastructure. The advanced Akash […]

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Sterlite Technologies Launches India’s First Hollow Core Fibre Cable

Sterlite Technologies Launches India’s First Hollow Core Fibre Cable Sterlite Technologies Ltd (STL) has announced the launch of India’s first hollow core fibre cable, marking a significant technological advancement in the country’s data communication infrastructure. The innovation is designed specifically for modern data centres and hyperscalers, where speed, efficiency, and low latency are critical. Unlike

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Kaynes Technology Flags Headwinds in Consumer Segment, Working Capital Pressure Persists

Kaynes Technology Flags Headwinds in Consumer Segment, Working Capital Pressure Persists Kaynes Technology India has indicated that its consumer segment is likely to face near-term headwinds, reflecting broader demand challenges and evolving market conditions. The company highlighted that softness in consumer demand, along with cautious spending trends, could impact growth momentum in this segment over

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REC Limited Approves ₹1.6 Lakh Crore Borrowing Plan for FY27

REC Limited Approves ₹1.6 Lakh Crore Borrowing Plan for FY27 REC Limited has announced that its board has approved a comprehensive market borrowing programme of up to ₹1,60,000 crore for the financial year 2026–27. The plan is aimed at supporting the company’s growing lending requirements, particularly in the power and infrastructure sectors. The approved borrowing

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Sammaan Capital Shares Surge After RBI Clears IHC Stake Acquisition

Sammaan Capital Shares Surge After RBI Clears IHC Stake Acquisition Shares of Sammaan Capital rose over 6% after Abu Dhabi-based International Holding Company (IHC) received approval from the Reserve Bank of India (RBI) to acquire a 66.65% stake in the company. The development has been viewed positively by investors, driving strong buying interest in the

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Zerodha Doubles Intraday F&O Charges Following SEBI Collateral Norms

Zerodha Doubles Intraday F&O Charges Following SEBI Collateral Norms Zerodha has announced an increase in certain intraday futures and options (F&O) charges, raising them to ₹40 per order. The move comes in response to new regulatory guidelines introduced by the Securities and Exchange Board of India (SEBI), which mandate that at least 50% of collateral

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Government May Merge RVNL and IRCON International

Government May Merge RVNL and IRCON International to Strengthen PSU Rail Segment The Government of India is reportedly considering a merger between two of its listed public sector undertakings, Rail Vikas Nigam Limited (RVNL) and IRCON International. The proposed consolidation aims to create a stronger and more competitive entity in the railway infrastructure and engineering

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Bata India Crosses 700 Franchise Stores, Expands Deep into Smaller Markets

Bata India Crosses 700 Franchise Stores, Expands Deep into Smaller Markets Bata India has achieved a significant milestone by crossing 700 franchise stores across the country, highlighting its strong expansion strategy and growing retail footprint. The company revealed that nearly 70% of its stores are now located in Tier II, III, and IV markets, reflecting

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Asian Paints Subsidiary Approves Amalgamation to Streamline Operations

Asian Paints Subsidiary Approves Amalgamation to Streamline Operations Asian Paints Limited has announced that its subsidiary, Harind Chemicals, has approved the amalgamation of its wholly-owned entity, Nova Surface-Care Centre. The move is part of a strategic effort to simplify the corporate structure and enhance operational efficiency within the group. According to the company, the proposed

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