India’s 5G rollout has reached a major operational milestone, with more than 5 lakh 5G Base Transceiver Stations (BTS) now installed across the country. The update was shared by Minister of Communications Jyotiraditya Scindia in a written response in the Lok Sabha, highlighting accelerated progress in strengthening the…
ICICI Prudential Asset Management Company (AMC) is preparing to launch its initial public offering (IPO) next week, targeting a fundraise of approximately ₹107 billion ($1.2 billion), according to Bloomberg. The move follows the filing of an updated draft offer document earlier this week. Valuation and Stake Sale The…
Shree Krishna Infrastructure Limited has witnessed a notable change in its shareholding pattern following the acquisition of a 9% stake by Paras Shah. The transaction was executed off-market on December 1, 2025, with Paras Shah purchasing 9,90,000 equity shares. Acquisition Details Acquirer: Paras Shah Shares Acquired: 9,90,000 Voting…
India is set to intensify discussions on a potential Free Trade Agreement (FTA) with the Russia-led Eurasian Economic Union (EAEU) during Russian President Vladimir Putin’s visit to New Delhi on December 4. Government sources indicate that India may also explore a separate services pact with Russia, as trade…
Embassy Office Parks REIT has finalized the acquisition of a 0.3 million sq ft premium office property at Bengaluru’s Embassy GolfLinks Business Park for ₹852 crore (US$ 94 million). The property comes with long-term leases to a leading global investment firm, offering the REIT a secure and stable…
The Defence Research and Development Organisation (DRDO) has successfully conducted its first high-speed rocket-sledge test of an indigenous fighter aircraft ejection seat. The test was carried out using the Rail Track Rocket Sledge (RTRS) facility at the Terminal Ballistics Research Laboratory in Chandigarh, marking a major milestone in…
Computer Age Management Services (CAMS) will undergo a stock split this week, with the record date scheduled for Friday, December 4, 2025. As a result, the shares will trade ex-split from the same day. In its exchange notification, the company confirmed that each existing equity share of ₹10…
India’s electric two-wheeler (e-2W) segment continued its growth trajectory in 2025, recording over 1.18 million registrations between January and November, according to Vahan Portal data. This marks an increase from 1.07 million registrations in the same period last year. The industry saw a noticeable surge in November registrations,…
Pine Labs Limited has reported a solid financial performance for the quarter ending September 30, 2025, reflecting continued momentum across its payments and fintech offerings. Steady Revenue Growth and Better Profit Margins The company’s operating revenue rose to ₹650 crore, marking an 18% increase year-on-year. Growth was largely…
Mukka Proteins Limited announced that its joint venture (JV) has won a ₹474-crore order from Bengaluru Solid Waste Management Limited. The development has boosted investor sentiment, positioning the company for expansion beyond its core animal protein business. Contract Highlights The JV, formed with Hardik Gowda and MS Jathin…