SBI Mutual Fund and ICICI Prudential Mutual Fund have reopened subscriptions in their respective Silver ETF Fund of Fund (FoF) schemes following a brief suspension prompted by inflated domestic silver prices that had outpaced global benchmarks. Subscriptions Resume After Temporary Pause SBI Mutual Fund restarted accepting investments in…
The Housing and Urban Development Corporation Ltd (HUDCO) has signed a Memorandum of Understanding (MoU) with the Indian Institute of Management Calcutta (IIMC) to strengthen collaboration in education, research, and professional training. The agreement was formalised on October 28, 2025, in New Delhi. The partnership aims to leverage…
Arisinfra Solutions Limited has announced two strategic partnerships — with Mumbai-based Transcon Group and Bengaluru-based Amogaya Projects — aimed at unlocking over ₹12,000 crore in real estate value. The move represents a significant step in Arisinfra’s journey to expand its integrated business model, which blends material supply with…
NVIDIA Corp. and Nokia Corporation have announced a strategic partnership under which NVIDIA will invest $1 billion in Nokia, acquiring a 2.9% stake in the Finnish telecom equipment maker. The investment, priced at $6.01 per share, represents a significant step toward deepening collaboration in AI-driven radio access networks…
Oil India Limited (OIL), the state-owned energy major, is reportedly unable to repatriate nearly $300 million in dividend income from its Russian oil investments following the imposition of US sanctions on key Russian energy firms. According to Chairman Ranjit Rath, the company is actively exploring legal and diplomatic…
Shree Cement Ltd, one of India’s leading cement manufacturers, has revised its capacity expansion timeline while reporting a strong performance in the second quarter of FY26. The company now targets a cement production capacity of 80 million tonnes by FY29, shifting its earlier target to align with evolving…
Indian Oil Corporation (IOC), India’s largest oil refining and marketing company, has announced an ambitious expansion plan involving a capital expenditure (CAPEX) of ₹33,494 crore for FY25–26. The plan aims to accelerate growth across the company’s refinery and petrochemical segments, reinforcing its long-term strategy to strengthen domestic energy…
KRBL Limited, India’s leading basmati rice exporter and the company behind the popular India Gate brand, has announced that a review being conducted by AZB & Partners is currently underway. The company confirmed that the findings of the review will be presented to its Board of Directors on…
Studds Accessories Limited, one of India’s largest manufacturers of two-wheeler helmets and accessories, is set to launch its much-awaited initial public offering (IPO) on October 30, 2025. The book-built issue, valued at ₹455.49 crore, will close on November 3, 2025, with allotment expected by November 4 and tentative…
Microsoft Corporation’s investment in OpenAI has been revalued at around $135 billion following a major recapitalisation and restructuring of the artificial intelligence firm’s corporate structure. The move strengthens Microsoft’s long-term partnership with OpenAI while placing governance under enhanced nonprofit oversight. Revised Ownership Structure Under the new arrangement, Microsoft…