Zaggle Prepaid Ocean Services Ltd has announced its plan to acquire Rivpe Technology Pvt Ltd for a total consideration of up to ₹22 crore. The acquisition will encompass 81,429 equity shares and 16,407 compulsorily convertible preference shares, representing 100% of Rivpe Technology’s fully diluted shareholding. Upon completion of…
RailTel Corporation of India Ltd has received a domestic work order worth ₹63.92 crore from the Central Public Works Department (CPWD), as per an exchange filing. The order was received on December 3, 2025. Key Details Scope of Work: Design, installation, testing, and commissioning of an ICT network…
Lloyds Engineering Works Ltd has entered into a strategic agreement with Virtualabs S.r.l., an Italy-based technology firm, to collaborate on radar technology development for defence and civilian applications. The announcement was made following a board filing on December 4, 2025. Scope of Collaboration According to the filing, the…
Zen Technologies Ltd has received a domestic order worth ₹120 crore (inclusive of GST) from the Ministry of Defence for supplying a Comprehensive Training Node (CTN), a package that integrates multiple training simulators and related equipment. Order Highlights Scope: Supply of CTN, covering various simulators and equipment for…
Exato Technologies made a strong debut on the BSE SME platform, with its shares listing at ₹266 per share, reflecting robust investor demand during its initial public offering (IPO). The listing represents a premium of nearly 90% over the IPO price band of ₹133–140 per share, placing the…
The Government of India has approved 25 lakh additional LPG connections under the Pradhan Mantri Ujjwala Yojana (PMUY) for the financial year 2025–26, aiming to further expand access to clean cooking fuel across the country. Launched in May 2016, PMUY provides deposit-free LPG connections to adult women from…
Invesco Mutual Fund has announced the reopening of fresh subscriptions in three of its international Fund of Funds (FoFs), effective December 5, 2025. The fund house had temporarily suspended new investments in these schemes in October 2025 due to regulatory limits on overseas investments. Funds Reopened for Investment…
The Reserve Bank of India’s Monetary Policy Committee (MPC) has unanimously voted to cut the repo rate by 25 basis points, bringing it down to 5.25%. The decision, announced by RBI Governor Sanjay Malhotra on December 5, 2025, comes amid sharp disinflation trends observed since the October policy…
India’s renewable energy sector continues to expand rapidly, with strong growth projections driven by rising energy demand and large-scale industrial adoption. According to New and Renewable Energy Secretary Santosh Kumar Sarangi, the Commercial and Industrial (C&I) segment alone is expected to add more than 6 GW of renewable…
The Indian government has dismissed media reports claiming that New Delhi has finalized a new $2 billion submarine lease agreement with Russia ahead of President Vladimir Putin’s upcoming visit. The clarification came after the Press Information Bureau (PIB) issued a statement calling the report “misleading.” The government confirmed…