Promoters of Polycab India Ltd, a leading electrical goods manufacturer, divested 1.5% of their stake in the company through a block deal on Thursday, September 25, raising about ₹1,740 crore. The shares changed hands at an average price of ₹7,458 apiece. Among the key investors, JP Morgan Fund…
Indian pharmaceutical companies, including Sun Pharma, Lupin, Cipla, and several others, are likely to remain in the spotlight after US President Donald Trump unveiled a fresh policy imposing a 100% tariff on imported branded and patented medicines, effective October 1, 2025. The new rule, however, spares companies that…
The United States has launched an investigation into Waaree Energies, one of India’s largest solar equipment makers, over suspicions that it may have bypassed tariffs on Chinese-made solar products by mislabeling them as Indian. According to a memo sent by U.S. Customs and Border Protection (CBP) to attorneys…
BHEL & REC JV Proposal RejectedThe board confirmed that DIPAM has not approved the proposal for forming a joint venture between BHEL and REC Power Development and Consultancy. Allcargo Logistics Focuses on Digital GrowthAllcargo will invest in ROI-based digital execution, aiming for revenue CAGR of 12% and EBITDA…
View on market: Volatility persists, eagerly searching for growth: European stock futures moved up strongly in Asian trading while US futures stayed mostly unchanged. Asian shares opened weaker as strong economic signals from the US and mixed messages from Federal Reserve officials about future interest rate cuts created…
Glottis Limited IPO Company Profile: Glottis Ltd is an end-to-end logistics solutions company with multimodal capabilities across verticals to optimize the movement of goods across geographies, including ocean freight forwarding, air freight forwarding, and road transportation. The company is also involved in the business of warehousing, storage, cargo…
Fineotex Chemicals has announced that its board of directors will meet on September 27, 2025, to consider key proposals including a bonus issue of shares, a stock split, and a dividend payout for shareholders. Board Meeting Details The board’s upcoming meeting comes at a time when the stock…
Minda Corp has unveiled its Vision 2030 roadmap, aiming to more than triple its revenue over the next five years. The company’s target is to scale revenue from ₹5,100 crore in FY25 to ₹17,500 crore by 2030, while improving operational efficiency and financial metrics. Financial and Operational Goals…
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the disbursement of a Productivity Linked Bonus (PLB) equivalent to 78 days’ wages for railway employees for the financial year 2024-25. The move will benefit 10.91 lakh non-gazetted employees across Indian Railways. Financial Implications The total financial…
Jaguar Land Rover (JLR) has extended the shutdown of its global manufacturing operations until October 1, following a cyberattack that has disrupted its IT systems since August 31, 2025. A spokesperson for JLR said the extension allows the company to plan a phased and secure restart of production,…