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The Government of Karnataka’s Department of Electronics, IT and Biotechnology (IT-BT) has unveiled the Local Economy Accelerator Programme (LEAP), a five-year initiative with an outlay of ₹1,000 crore aimed at strengthening the state’s innovation ecosystem. The scheme is expected to create 5 lakh jobs while supporting entrepreneurs across…

Rail Vikas Nigam Limited (RVNL) has secured a contract worth ₹145.35 crore from Southern Railway, after emerging as the lowest bidder. The order, confirmed on September 22, 2025, underscores RVNL’s growing presence in executing critical railway infrastructure projects. Project Scope The project involves: Design, supply, erection, testing, and…

The Government of India is preparing to sell minority stakes in nearly six state-owned enterprises, according to Arunish Chawla, Secretary, Department of Investment and Public Asset Management (DIPAM), in an interview with CNBC-TV18. The move is part of the broader disinvestment strategy for FY26. Banks and Insurers in…

India’s Defence Ministry is preparing for a major push in defence spending, with Defence Secretary Rajesh Kumar Singh advocating an 18% increase in capital expenditure (capex) for FY26. Alongside this, the ministry is expected to announce additional procurement orders worth nearly ₹75,000 crore, reinforcing India’s drive toward defence…

Tata Investment Corporation Limited has announced a 1:10 stock split, reducing the face value of its equity shares from ₹10 to ₹1 each. The company confirmed October 14, 2025, as the record date to determine eligible shareholders for the split, as per its regulatory filing with stock exchanges.…

JK Lakshmi Cement Limited, a leading name in India’s cement industry, has boosted its total production capacity from 16.5 MTPA to 18 MTPA. The expansion was achieved through the commissioning of a new grinding unit in Surat, Gujarat, and a de-bottlenecking project at the company’s Jaykaypuram plant in…

Colab Platforms Limited has signed a non-binding Memorandum of Understanding (MoU) with RRP Drones Innovation Pvt. Ltd. to jointly design, develop, and deploy AI-powered, all-weather autonomous aerial surveillance drones. The collaboration will span multiple sectors, including agriculture, industrial sites, law enforcement, energy and infrastructure, border patrol, and defence.…

India’s real estate investment trusts (REITs) continued their strong performance in the first quarter of FY26, distributing a total of ₹1,559 crore to more than 2.70 lakh unitholders. This marks a 13% year-on-year growth compared to Q1 FY25, underscoring the steady expansion and maturity of REITs in India’s…