IBL Finance Limited, a fintech-led NBFC listed on NSE Emerge, has announced a major business milestone — crossing ₹100 crore in Assets Under Management (AUM) by FY 2024–25. This achievement has been largely fuelled by its expanding network of strategic partnerships with 36 Non-Banking Financial Companies (NBFCs) across India. As of 12:08 PM on May …
According to news reports, the Government of India is reportedly likely to provide oil marketing companies (OMCs) compensation for the ₹30,000 crore under-recovery they are incurring in the ongoing financial year 2025–26 (FY26) due to the sale of subsidised Liquefied Petroleum Gas (LPG). According to a news report, officials from Indian Oil Corporation Ltd (IOCL), …
According to news reports, 4 prominent SEZ developers—Tata Steel, Infosys, Electronics Corporation of Tamil Nadu (ELCOT), and State Industries Promotion Corporation of Tamil Nadu (SIPCOT)—have submitted proposals to the government seeking partial cancellation of their respective Special Economic Zones (SEZs). These applications will be considered by the Board of Approval (BoA) in its upcoming meeting …
According to reports, Tata Consultancy Services (TCS), India’s largest IT services firm, has reaffirmed its commitment to rewarding performance by disbursing 100% Quarterly Variable Allowance (QVA) to over 70% of its employees. This development counters media claims suggesting reductions in senior-level variable pay. According to internal communication reported in the media, for the remaining 30% …
The banking sector is full of activity as both the State Bank of India (SBI) and HDFC Bank have announced their Q4 FY25 results and dividends. Investors are now wondering which stock could be the better option going forward. Let’s look at three important points to help make that decision. Dividend Comparison: Who’s Paying More? …
The Indian Hotels Company Limited (IHCL), the Hotel arm of the Tata Group, has recommended a dividend of ₹ 2.25 per equity (225%) for FY25 on May 5, 2025. However, the company has not declared a record and payment date for the said dividend. Indian Hotel Dividend History Ex-Date Dividend Type Dividend Amount (₹) June …
Navkar Urbanstructure Ltd, a company operating in the construction sector, has made headlines with two significant corporate actions aimed at enhancing shareholder value — its first-ever bonus issue and a stock split. These moves come as part of the company’s strategy to increase liquidity and attract a broader investor base. Navkar Urbanstructure Stock Split Details In …
On Tuesday, May 6, 2025, while broader markets witnessed a pullback, Aayush Wellness Limited’s share price was locked at a 2% upper circuit as of 10:27 AM, marking its seventh consecutive session of upward movement. Stepping Into Preventive Healthcare: A New Business Avenue Aayush Wellness, previously known for its focus on wellness and preventive care …
On May 6, 2025, Hyundai Motor India Limited (HMIL) proudly marks its 29th Foundation Day. Since its establishment on May 6, 1996, HMIL has grown into one of India’s most trusted automotive brands. As it embarks on its 30th year in the country, the company remains committed to its core values of excellence, innovation, and a customer-first …
In a significant milestone for India’s indigenous defence capabilities, the Defence Research and Development Organisation (DRDO) and the Indian Navy have jointly conducted a successful combat firing (with reduced explosive) of the Multi-Influence Ground Mine (MIGM). This advanced underwater naval mine has been indigenously designed and developed to counter modern maritime threats. Developed Through Collaboration …
