The Government of India continues to advance its Digital India vision by enhancing the nation’s digital capabilities through targeted initiatives designed to create IT-based career opportunities for citizens, especially in smaller towns and cities. A cornerstone of this effort is the FutureSkills PRIME programme, developed collaboratively by NASSCOM…
IIFL Finance Limited has finalized the terms for a non-convertible debenture (NCD) issue worth up to ₹100 crore through private placement, following the approval of its Finance Committee on December 11, 2025. This move comes after the initial board approval announced on December 8, 2025, and is aimed…
Project Scope and Specifications The project, undertaken under the Magel Tyala Saur Krushi Pump Yojana, involves comprehensive solar energy infrastructure designed to support irrigation and agricultural operations throughout the state. The scope of work includes the design, manufacture, supply, transportation, installation, testing, and commissioning of 13,239 off-grid DC…
Rolcon Engineering Limited has announced that its promoter, Mrs. Arpita Amin, intends to acquire up to 700 equity shares through a gift transfer from her relative. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations on December 8, 2025. Details of…
Bank of India has successfully mobilised ₹2,500 crore through the issuance of 10-year Tier-2 bonds, with a cut-off yield fixed at 7.28%, according to a Moneycontrol report. The total issuance includes a ₹1,500 crore greenshoe option, giving the bank flexibility to enhance the size based on investor demand.…
Ashoka Buildcon Limited, in partnership with Adani Road Transport Limited and Aakshaya Infra Projects Private Limited, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) for the development and pollution management of the Mithi River. The joint venture has been awarded the project at a total…
SBI Life Insurance Company Ltd. is poised to acquire the assets and liabilities of Sahara India Life Insurance Company Ltd. (SILIC) after the Securities Appellate Tribunal (SAT) upheld the earlier directive issued by the Insurance Regulatory and Development Authority of India (IRDAI). This development is aimed at safeguarding…
Jio Financial Services Limited, in partnership with global investment management firm BlackRock, has made substantial capital commitments to its joint ventures, Jio BlackRock Investment Advisers Private Limited and Jio BlackRock Asset Management Private Limited. The strategic investments, announced on December 10, 2025, are designed to enhance the operational…
Samvardhana Motherson International Limited (SMIL) has completed the acquisition of the remaining 10% stake in Motherson Lumen Systems South Africa, making it an indirect wholly owned subsidiary. Completion of the Stake Acquisition The transaction finalises SMIL’s previously announced plan from December 2025 to acquire the remaining 10% stake…
Escorts Kubota Limited, a prominent name in engineering and machinery, has showcased a significant expansion of its construction equipment portfolio at Excon 2025, held in Bengaluru. The unveiling included a combination of commercial launches, prototype models, and concept-stage machinery, reflecting the company’s commitment to delivering application-driven solutions tailored…