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India's first commercially packaged multi-chip module (MCM) was rolled out of Kaynes Semicon's outsourced semiconductor assembly and test (OSAT) facility in Sanand in the wee hours of Wednesday and delivered to California-based Alpha & Omega Semiconductor (AOS). India's first commercially packaged multi-chip module (MCM) was rolled out of Kaynes Semicon's outsourced semiconductor assembly and test (OSAT) facility in Sanand in the wee hours of Wednesday and delivered to California-based Alpha & ...Read More >
Sify Infinit Spaces has filed draft papers with market regulator Sebi to launch the country's first data center IPO, aiming to raise Rs 3,700 crore. The company, part of the Sify Group, operates one of India's largest networks of data center colocation facilities. The IPO will include a fresh issue of shares worth Rs 2,500 crore and an offer for sale of shares worth Rs 1,200 crore by existing investors -- Kotak Data Center Fund (Rs 643 crore) and Kotak Special Situations Fund (Rs 557 crore). T ...Read More >
The Royal Challengers Bengaluru's owners, Diageo Great Britain, have started official talks to sell the IPL team. At a price of almost $2 billion, they have begun interacting with investment banks and receiving interest from at least six possible purchasers, according to Cricbuzz. The sale will be managed by Citi and other advisors, according to the British spirit giant, which owns RCB through its Indian subsidiary United Spirits. The action was taken months after RCB defeated the Punjab Kings ...Read More >
Midwest, a natural stone exporter, is launching its Rs 451-crore IPO on October 15. The offering includes fresh shares and existing shareholder sales. The price band is set between Rs 1,014 and Rs 1,065. Midwest mines granite in Telangana and Andhra Pradesh and exports to 17 countries. The company plans to use IPO funds for expansion and sustainability initiatives. Midwest, a natural stone mining and exporting player, will open its Rs 451-crore initial public offering (IPO) for subscription on ...Read More >
Mumbai, Oct 17 (PTI) Reliance Industries Ltd (RIL) on Friday reported a 9.6 per cent year-on-year rise in net profit for the September quarter, driven by strong performance in its consumer-facing retail and telecom businesses and a recovery in its core oil-to-chemicals segment. However, higher inventory losses weighed on overall earnings, leading to a sequential decline compared to the previous quarter. The oil-to-retail conglomerate posted a consolidated net profit of Rs 18,165 crore in July- ...Read More >
NewsVoirPune (Maharashtra) [India], October 16: As Diwali approaches, households across India are preparing for the festival of lights, with celebrations that include decorating homes, buying gifts, shopping for new clothes, and planning family trips. To help individuals manage these festive expenses efficiently, with Bajaj Finserv Personal Loan, a reliable financial solution providing quick access to funds, flexible repayment options, and a fully digital application process.Meeting festive fina ...Read More >
Pune (Maharashtra) [India], October 17: Dhanteras marks the beginning of Diwali, and it is celebrated across India to invite prosperity, health, and good fortune. It is also highly auspicious for fresh beginnings, including planning for a future home, as it attracts prosperity and positive energy. Lenders like Bajaj Housing Finance also extend festive offers during this period, including lower processing fees and attractive interest rates, making this the ideal time to use Diwali bonuses. Also ...Read More >
New Delhi, Oct 17 (PTI) Sterling and Wilson Renewable Energy on Friday reported a consolidated net loss of Rs 477.62 crore in the September quarter, due to an exception item of Rs 580.10 crore during the period under review. The company posted a consolidated net profit of Rs 8.57 crore in the quarter ended on September 30, 2024, a BSE filing showed. Last year, a wholly owned subsidiary (WOS) company of the group terminated a contract with a major subcontractor in a particular geography for del ...Read More >
The new venture, SK Enmove Gabriel India, will see SK Enmove holding a 51 per cent stake and Gabriel India 49 per cent. Auto components maker Gabriel India on Thursday announced a joint venture with South Korea's SK Enmove to diversify its product portfolio into lubricants and engine oils. The move marks a strategic step in Gabriel India's evolution from a suspension-focused company to a broader automotive systems and components player. The new venture, SK Enmove Gabriel India, will see SK Enm ...Read More >
Saatvik Green Energy shares: Saatvik Solar Industries, a subsidiary of the company, secured new solar PV module supply orders worth ₹638.85 crore from three independent power producers and EPC firms, to be completed by June 2026. This marks its second major win in a week, following two earlier orders totaling ₹707 crore announced on October 7 -- ₹488 crore from a leading Indian power producer and ₹219 crore from another client, both to be executed by FY26. Saatvik Green Energy shares wil ...Read More >
NPCI International Payments Ltd (NIPL) has partnered with NTT DATA Japan to enable UPI acceptance in the Japanese market. This collaboration will allow Indian tourists to make seamless QR code payments at merchant locations acquired by NTT DATA. The MoU aims to enhance the digital payment experience for Indian travelers in Japan. NPCI International Payments Ltd (NIPL) on Tuesday said it has signed a pact with NTT DATA Japan for acceptance of UPI in the Japanese market. In a statement National ...Read More >
Pune (Maharashtra) [India], October 16: As the festive season lights up streets across India, many households look forward to fulfilling long-awaited dreams - from home upgrades to purchasing a brand-new two-wheeler. Among scooters, the Honda Activa has consistently remained a top favourite, celebrated for its reliability, fuel efficiency, and smooth ride quality. Models like the Honda Activa 6G and Honda Activa 125 continue to dominate the Indian market, offering advanced technology, superior c ...Read More >
NewsVoir Pune (Maharashtra) [India], October 16: As the festive season lights up streets across India, many households look forward to fulfilling long-awaited dreams - from home upgrades to purchasing a brand-new two-wheeler. Among scooters, the Honda Activa has consistently remained a top favourite, celebrated for its reliability, fuel efficiency, and smooth ride quality. Models like the Honda Activa 6G and Honda Activa 125 continue to dominate the Indian market, offering advanced technology, ...Read More >
New Delhi, Oct 16 (PTI) The initial public offer of Midwest Ltd got subscribed 11.72 times on the second day of bidding on Thursday. The three-day IPO received 3,65,44,382 shares against 31,17,460 shares on offer, as per NSE data. The quota for non-institutional investors garnered 33.19 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 8.19 times. The portion for Qualified Institutional Buyers (QIBs) received 1.84 times subscription. The initial publi ...Read More >
Leading player in the renewable energy sector, Servotech Renewable Power Systems Ltd on Monday said it has received an order from South Eastern Railway's Ranchi Division for setting up a 2.58 megawatt (MW) solar rooftop project. In a regulatory filing, the company said the scope of work includes design, manufacturing, supply, installation, testing and commissioning of on-grid rooftop solar photovoltaic (PV) systems of various capacities across multiple railway sites in the Ranchi Division. "Th ...Read More >
NAR India and UCO Forge First-Ever U.S.-India Real Estate Bridge with MLS Partnership Leaders from NAR India and UCO announce partnership to launch India's first MLS platform in Mumbai 3 min read Last Updated : Oct 16 2025 | 1:00 PM IST PNN Mumbai (Maharashtra) [India], October 16: In a landmark move set to redefine transparency and global collaboration in real estate, the National Association of REALTORS® (NAR) India and Universal Consulting Opportunities (UCO), a subsidiary of Stellar MLS ...Read More >
New Delhi: TACC Ltd, a wholly owned subsidiary of HEG Ltd and part of the LNJ Bhilwara Group, has secured ₹1,230 crore funding from State Bank of India (SBI) for its lithium-ion battery-grade graphite anode manufacturing project in Dewas, Madhya Pradesh. The project, with a capacity of 20,000 metric tonnes per annum (MTPA), is aimed at establishing domestic production capability for graphite anodes -- a key component in lithium-ion batteries used in electric vehicles (EVs) and energy storage s ...Read More >
The Andhra Pradesh government approved two Raymond Group investments totaling Rs 940 crore in aerospace and automotive manufacturing under Industrial Development Policy 4.0. JK Maini Global Aerospace will invest Rs 510 crore in Satya Sai district, creating 1,400 jobs, while JK Maini Precision Technology will invest Rs 430 crore in Gudipalli, generating 4,096 jobs. The Andhra Pradesh government said on Wednesday that it approved two investments by the Raymond Group worth Rs 940 crore, covering a ...Read More >
Paytm upgraded to 'Buy' by Axis Capital as credit-linked payments, stabilising merchant revenue, and tight cost control drive growth; FY27-28 EBITDA estimates raised 33-46%, with a Rs 1,500 price target implying 20% upside amid robust digital finance expansion. Axis Capital upgraded One 97 Communications, the parent company of Paytm, to a 'buy' rating, citing accelerating profitability driven by stabilising merchant payments, rising credit-linked payment products, and tight cost control. The br ...Read More >
FS Compressors India Pvt. Ltd., a subsidiary of Fusheng Group, celebrated its 15th anniversary in Pune, Maharashtra. The event was attended by customers, supply partners, dealers, and employees from across India and highlighted the company's growth and presence in the Indian compressed air solutions market. Chairman L.C. Lee announced a significant milestone with the establishment of a 50,000 sq. meter manufacturing facility by late 2026, with an investment of about 100 Crore Indian Rupees, rei ...Read More >
New Delhi [India], October 14 (ANI): Indian travellers in Japan may soon be using Unified Payment Interface (UPI) as NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), on Tuesday announced the signing of a Memorandum of Understanding (MoU) with NTT DATA Japan, a core subsidiary of the NTT DATA Group and a provider of IT and business services headquartered in Tokyo, Japan. As per a press release, the MoU establishes the foundat ...Read More >
Waaree Renewable Technologies shares: It reported a more than twofold jump in consolidated net profit to Rs 116.34 crore in Q2 FY25 from Rs 53.51 crore a year earlier, driven by record revenues and strong project execution. The company attributed the performance to sectoral tailwinds and its expansion into new energy segments such as battery storage systems and data centres. Shares of Waaree Renewable Technologies rallied as much as 10% to their day's high of Rs 1,244 per share on the NSE on Mo ...Read More >
MUMBAI: Medi Assist Healthcare Services has received a Rs 198 crore investment from the Massachusetts Institute of Technology (MIT) and 238 Plan Associates, an MIT affiliate, through a preferential allotment on a private placement basis. The Bengaluru-based health benefits administrator, which is India's largest, issued 37,01,000 fully paid-up equity shares of Rs 5 each at Rs 535 per share.The board cleared the allotment on Aug 7, 2025, and shareholders approved it on Sept 4, with 99.15% of vote ...Read More >
MUMBAI, India and NAPLES, Fla., Oct. 9, 2025 /PRNewswire/ -- Global pharma major Lupin Limited (Lupin) (BSE: 500257) (NSE: LUPIN) (REUTERS: LUPIN.BO) (BLOOMBERG: LPCIN) today announced the launch of a strategic partnership program aimed at expanding the reach of PrecisionSphere™ - the long-acting injectable (LAI) platform developed by its subsidiary, Nanomi B.V. (Nanomi). PrecisionSphere™ demonstrates efficacy and safety in drug delivery and is ready for commercial use, following the recent Unit ...Read More >
Mumbai, Oct 7 (PTI) The Reserve Bank on Tuesday said bill payment system Bharat Connect has been linked with foreign exchange retail platform, enabling individual customers to buy US dollars in the form of currency notes, forex card load or for outward remittances at competitive prices. With the linkage, customers will be able to access USD through their preferred payment/banking apps integrated with the Bharat Connect or Bharat Bill Payment System (BBPS) platform. Currently, five lenders -- A ...Read More >
Jindal Stainless on Monday launched its first stainless steel fabrication unit built with an initial investment of approximately Rs 125 crore. The facility is located at Washivali, Patalganga, in Mumbai spanning 4 lakh square ft. Built under the company's subsidiary Jindal Stainless Steelway Limited (JSSL), the fabrication unit will cater to the needs of bridge sector and focus on fabricating, among other critical components, various types of girders. BY FY27, the unit is expected to achieve a ...Read More >
Air India NEW DELHI: Starting October 26, Air India and its subsidiary Air India Express will shift their domestic operations from Terminal 3 (T3) at Delhi's Indira Gandhi International Airport to Terminals 2 and 1, respectively, the Tata Group-owned airline announced on Friday.The shift comes amid ongoing expansion work at T3 by Delhi International Airport Ltd. (DIAL) to boost international passenger capacity. Air India clarified that its international flights, along with those of Air India Exp ...Read More >
Adar Poonawalla exploring bid for RCB? sparks speculation with X post According to a source of CNBC-TV18, Adar Poonawalla, the CEO of Serum Institute of India, was in negotiations with Diageo Plc, the owners of Royal Challengers Bengaluru (RCB), to potentially purchase the Indian Premier League's (IPL) 2025 champion. It is still unclear at this time whether Diageo Plc intends to sell all of its shares in RCB. United Spirits is owned by Diageo Plc. Also Read | 'Senseless and headless chicken m ...Read More >
New Delhi, Oct 1 (IANS) The new NIELIT Digital University (NDU) platform, set to be launched tomorrow, will offer programmes on artificial intelligence (AI), cybersecurity, and data science, the Ministry of Electronics & IT (MeitY) said on Wednesday. The NDU platform, part of the National Institute of Electronics & Information Technology (NIELIT), an autonomous scientific [...] New Delhi, Oct 1 (IANS) Tata Communications on Wednesday announced the successful deployment of its digital in ...Read More >
New Delhi, Oct 1 (SocialNews.XYZ) Tata Communications on Wednesday announced the successful deployment of its digital infrastructure solutions to support Bharat Sanchar Nigam Limited's (BSNL) newly launched eSIM services. The services are powered by Tata Communications' GSMA-accredited eSIM Subscription Management platform, 'MOVE', delivered through its wholly owned subsidiary Tata Communications Collaboration Services Private Limited, the statement said. The platform will allow BSNL to facili ...Read More >
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