Overview Aurobindo Pharma has revised its timeline for acquiring a 26% stake in Swarnaakshu Solar Power Pvt. Ltd., moving the deadline from September 30, 2025, to December 31, 2025. The delay stems from pending state government approval required for setting up a captive solar power plant, a move…
Overview Godrej Agrovet Limited (GAVL) has signed a non-binding Memorandum of Understanding (MoU) worth ₹960 crore with the Ministry of Food Processing Industries (MoFPI) to strengthen India’s food processing ecosystem. The agreement was announced during World Food India 2025 and reflects the company’s commitment to building modern manufacturing,…
September Quarter Update Impacted by GST Rate Rationalisation Hindustan Unilever Limited (HUL) issued a weaker-than-expected business update for the September 2025 quarter, citing temporary disruptions linked to the recent Goods and Services Tax (GST) rate rationalisation. The FMCG major highlighted that about 40% of its portfolio, covering key…
India Inc. witnessed a slew of corporate updates across pharma, finance, infrastructure, energy, and technology sectors. Here’s a roundup of the major announcements impacting the markets today. Aurobindo Pharma to Complete Swarnaakshu Investment, Expands Abroad Aurobindo Pharma confirmed that the required investment for acquiring a 26% stake in…
The Central Board of Direct Taxes (CBDT) has extended the deadline for submitting audit reports under the Income-tax Act, 1961, for the Assessment Year (AY) 2025–26. The filing date, initially set for September 30, 2025, has now been moved to October 31, 2025. Reason for Extension The extension…
Power Finance Corporation Ltd (PFC), through its wholly-owned subsidiary PFC Consulting Limited (PFCCL), has set up a Special Purpose Vehicle (SPV) named Tumkur II RE Transmission Limited. The SPV is tasked with developing a transmission system to integrate an additional 1.5 GW of renewable energy capacity at Tumkur-II.…
The Reserve Bank of India (RBI) has unveiled the Authentication Mechanisms for Digital Payment Transactions Directions, 2025, setting a new framework for securing digital payments. The regulations mandate two-factor authentication (2FA) for all digital transactions while allowing banks, payment operators, and fintech firms to adopt multiple authentication methods…
Tata Capital, one of the most-anticipated IPOs of 2025, is set to open in the first half of October, with the company looking to raise between ₹16,500 crore and ₹17,500 crore. The funds are expected to support the company’s growth initiatives over the next 2–3 years, making it…
Camlin Fine Sciences Limited, a leading player in the fine chemicals sector, has extended the completion timeline for its acquisition of a majority stake in Vinpai S.A. The new deadline is now November 30, 2025, pushed back from the earlier target of September 30, 2025, due to regulatory…
Today marks the ex-date for 10 companies across India for various corporate actions, including dividends, bonus issues, stock splits, and rights issues. Investors holding shares in their demat accounts before today are eligible to receive the announced benefits. Notable names on the list include Nazara Technologies Ltd, which…
