In a landmark development for India’s technology sector, Union Minister Ashwani Vaishnaw has announced the start of semiconductor production at manufacturing facilities operated by Kaynes Technology India and CG Power. The move marks a major leap toward India’s goal of becoming a global semiconductor manufacturing hub, aimed at…
Quick commerce startup Zepto has announced the removal of platform fees as part of its strategy to simplify its cost structure and enhance transparency for customers. The move reflects the company’s efforts to provide a clearer and more straightforward pricing model while optimizing its operations and managing costs…
Tata Capital Limited, the flagship financial services arm of the Tata Group, has announced a strategic partnership with the Green Climate Fund (GCF) under the BEACON INDIA Programme, aimed at supporting early-stage climate-focused start-ups across India. The programme combines a USD 15.85 million revolving facility and a USD…
Ajanta Pharma Limited announced its financial results for the second quarter of FY26, reporting solid performance across key business segments, particularly in branded generics and international markets. The company also declared an interim dividend of ₹28 per share for FY26. Financial Performance Overview Ajanta Pharma’s branded generics business…
Fineotex Chemical Limited has announced the allotment of 91.66 crore bonus equity shares with a face value of ₹1 each, following a 4:1 bonus ratio. This corporate action has expanded the company’s paid-up share capital from ₹22.92 crore to ₹114.58 crore, marking a fivefold increase. The total number…
Vedanta Limited is reportedly in advanced stages of pursuing the acquisition of Jaiprakash Associates’ (Jaypee) power business, a move aimed at bolstering its power generation capacity and supporting its expanding metal operations. The acquisition aligns with Vedanta’s strategic goal of reaching 3,000 MW of power capacity, positioning the…
NLC India Limited (NLCIL), a Navratna PSU under the Ministry of Coal, has successfully commissioned the second phase of its 300 MW Solar Power Project at Barsingsar, located in the Bikaner district of Rajasthan. The newly commissioned 106 MW capacity has been declared commercially operational following the receipt…
As the Q2 FY26 earnings season progresses, several prominent companies are scheduled to trade ex-dividend this week. Leading names such as Coal India, NTPC, BPCL, Hindustan Unilever (HUL), Dabur India, and Shriram Finance are among over 20 firms announcing interim dividends. Investors tracking dividend opportunities should note the…
Tata Chemicals Limited has announced its financial results for the quarter and half year ended September 30, 2025, reporting a mixed performance with resilient domestic growth offset by softness in international markets. Consolidated Performance – Q2 FY26 For the quarter ended September 30, 2025, consolidated revenue from operations…
Bharat Electronics Limited (BEL), a leading defence and aerospace electronics company, has reported robust growth in its Q2 FY26 results, driven by strong order execution and sustained demand in key business segments such as defence electronics, radar systems, and strategic communication solutions. On a consolidated basis, BEL’s revenue…
