PM Internship Scheme 2025: New Application Deadline Extended to April 22

The PM Internship Scheme is an exciting initiative by the Indian government aimed at empowering youth with practical experience in the professional world. With a strong focus on skill development, this scheme provides internship opportunities across the top 500 companies in India. It is designed to bridge the gap between academic education and workplace readiness, helping students and young professionals prepare for future careers in both the public and private sectors.

Deadline Extended – Apply by 22 April 2025

Great news for aspiring interns! The PM Internship Scheme 2025 application deadline has been extended to April 22, 2025. Originally scheduled to close on March 31, 2025, and later extended to April 15, 2025, this new deadline offers candidates more time to apply and take advantage of this valuable opportunity. If you missed the earlier deadline, this is your chance to act.

PM Internship Scheme 2025: Eligibility Criteria

Before applying for the PM Internship Scheme 2025, candidates must ensure they meet the following eligibility requirements:

  • Applicants must have completed one of the following: High School, Higher Secondary education, an ITI course, a Polytechnic diploma, or a graduate degree such as BA, B.Sc, B.Com, BBA, BCA, or B.Pharma.
  • The age of the applicant should be between 21 and 24 years as of the application deadline.
  • Only Indian citizens are eligible to apply.
  • Applicants should not be engaged in any full-time job or enrolled in a full-time academic course.
  • Those pursuing education through distance or online learning modes can also apply.

Selection Process Has Already Started

While the application window remains open, the shortlisting and selection process started on April 1, 2025. If you have already applied, be sure to stay alert and check for any updates regarding your application status.

Here’sHow You Can Stay Informed

  • SMS alerts: Keep an eye on your phone for application-related messages.
  • Dashboard login: Visit the official portal https://pminternship.mca.gov.in/ to track your status.
  • Email updates: Check your registered email regularly for notifications and next steps.

Internship Opportunities Across India

With over 1 lakh internships available across 730 districts, this scheme provides a vast range of opportunities for young Indians. Whether you’re from a metro city or a small town, you can gain valuable exposure and learn directly from industry leaders.

Shortlisted candidates will be contacted for further steps like document verification and onboarding. The internship experience is expected to be a major boost for anyone looking to build a strong career foundation.

Conclusion

The PM Internship Scheme 2025 offers real-world experience, skill-building opportunities, and exposure to top companies. With the application deadline now extended, make sure to apply for PM Internship Scheme before 22 April 2025.

Visit the official website https://www.pminternship.mca.gov.in/ , fill in your details, and take the first step toward a brighter future.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

When Was the Last Time BSE Announced Bonus Shares?

Bonus shares are always a welcome move for investors, and BSE Ltd has once again made headlines by announcing a fresh bonus issue on Sunday, March 30, 2025. But when exactly was the last time BSE did this? Let’s take a quick look at the recent developments and BSE bonus history to help you stay informed.

BSE Bonus Announcement in 2025

BSE Ltd, India’s premier stock exchange, declared a bonus share issue on Sunday, March 30, 2025. As per the official filing, the company will issue two bonus shares for every one share held (2:1 ratio). These additional equity shares, each with a face value of ₹2, will be allotted to eligible shareholders, pending final approval via postal ballot. The bonus record date has already been set to determine investor eligibility.

Recap of BSE Bonus History

Since going public in 2017, this is the second time BSE Ltd has considered a bonus share issue. The first was in 2022 when the exchange, known as Asia’s oldest, declared a 2:1 bonus—offering two bonus shares for every one held. This was approved on 8 February 2022, with the record date set for 22 March 2022.

Apart from bonus shares, BSE has shown a strong focus on rewarding shareholders. It has paid out over ₹170 per share in dividends since its listing. The company has also completed two share buybacks, once in 2019 and again in 2023, highlighting its ongoing commitment to enhancing investor value.

Why Do Companies Issue Bonus Shares?

Companies issue bonus shares to reward loyal shareholders without asking them to invest more money. These shares are given free of cost and are usually issued out of the company’s accumulated profits or reserves. Instead of paying out profits as cash dividends, the company converts them into extra shares.

This move serves several purposes. It helps the company increase its paid-up share capital, which can strengthen its financial structure. Bonus shares also make the stock more affordable and attractive by reducing the share price, improving market liquidity as more investors are likely to trade it.

BSE Share Price Performance

On April 11, 2025, BSE Limited share price closed with an increase of 1.74% to ₹5,644.75, reaching an intraday high of ₹5,724.00. The stock’s upper circuit stands at ₹6,103.15, with a total market capitalisation of ₹76,416 crore, reflecting positive investor sentiment after recent volatility.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Flipkart’s Quick Commerce Arm Plans 800 Dark Stores by End of 2025

In a bold move to deepen its presence in India’s booming quick commerce space, Flipkart Minutes – the rapid delivery arm of Flipkart – plans to set up 800 dark stores by the end of 2025. This announcement was made by Flipkart Group CEO Kalyan Krishnamurthy at Walmart’s Investment Community Meeting, highlighting the company’s aggressive ambitions in a competitive market.

Racing to Catch Up in Quick Commerce

Launched just nine months ago, Flipkart Minutes has already scaled up to nearly 300 dark stores. The target of reaching 800 by 2025 signals a massive expansion plan, backed by a recent infusion of ₹3,249 crore (around $382 million) from its Singapore-based parent. This investment will help Flipkart build infrastructure, enhance supply chain capabilities, and gain ground against rivals like Blinkit, Zepto, and Swiggy Instamart.

However, despite its rapid progress, Flipkart still trails competitors. As of Q3 FY25, Blinkit is targeting 2,000 dark stores by the end of 2025, while Swiggy and Zepto are aiming to expand their networks to 1,000 and 1,200 stores respectively.

Focus on Supply Chain and Urban Markets

To succeed in this fast-paced segment, Flipkart is prioritising a strong, tech-driven supply chain. “The key to success in quick commerce is a supply chain that is scalable, agile, and reliable,” said Krishnamurthy. The company is focusing on India’s top 50 cities, targeting affluent consumers who prioritise speed and convenience.

AI at the Core of Flipkart’s Strategy

To thrive in this rapidly growing space, Flipkart is focusing on building a robust, tech-enabled supply chain. According to Krishnamurthy, a scalable, adaptable, and dependable supply chain is essential for success in the quick commerce sector. AI is helping Flipkart enhance user experience across platforms, including Myntra.

Conclusion

As Flipkart doubles down on dark stores and AI-driven innovation, it is clear the company is playing catch-up with intent. While the road ahead is crowded and competitive, this aggressive push could redefine how India shops for essentials – fast, smart, and just a few minutes away.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Essar’s Green Mobility Arm Secures $275 Million to Expand LNG and EV Truck Fleet

In a major push towards sustainable logistics, Essar Group’s green mobility venture, GreenLine Mobility Solutions, has secured a $275 million equity investment to expand its fleet of eco-friendly trucks. Among the investors is Nikhil Kamath, who contributed $20 million to the funding round. This move marks a significant milestone in India’s journey to de-carbonise its heavy transport sector.

Expanding the Green Fleet

GreenLine operates a fleet of heavy commercial vehicles powered by Liquefied Natural Gas (LNG) and electricity. With this new investment, the company plans to roll out more than 10,000 additional LNG and EV trucks. It also aims to establish a robust support infrastructure with 100 LNG refuelling stations, EV charging hubs, and battery swapping centres across the country.

Reducing Emissions at Scale

India’s road logistics sector, with over 40 lakh trucks on the road, is among the highest contributors to carbon emissions. GreenLine’s LNG-powered trucks can reduce carbon dioxide emissions by up to 30%. So far, the company’s existing fleet of 650 trucks has already travelled more than 38 million kilometres, cutting down emissions by 10,000 tonnes. With this expansion, GreenLine aims to reduce 1 million tonnes of carbon emissions every year.

A Vision for Sustainable Logistics

Anshuman Ruia, Director at Essar, highlighted the importance of this step in creating a cleaner logistics ecosystem. “We see this as an opportunity to build not just a green mobility platform but also invest in clean energy sources that will eventually power our electric trucks,” he said. He added that the integrated model will help lower emissions, reduce energy dependence, and support India’s energy security goals.

Industry-Wide Support Needed

Anand Mimani, CEO of GreenLine Mobility Solutions, called on Indian businesses to actively back the transition to sustainable logistics. “This investment brings us closer to our mission of transforming India’s road logistics sector. We encourage industry leaders to embrace this shift for a greener future,” he said.

As GreenLine scales up operations, this funding round is expected to set the tone for more clean-tech innovation in the transport space, making India’s supply chains cleaner, greener, and more future-ready.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Byju’s Faces $533 Million Fraud Lawsuit in US Bankruptcy Court

Indian edtech giant Byju’s is back in the spotlight, but this time not for its innovative learning tools. Instead, it’s facing serious legal heat in the United States. American lenders have filed a lawsuit in a bankruptcy court in Delaware, accusing founder Byju Raveendran and his wife Divya Gokulnath of being personally liable for $533 million in allegedly misappropriated funds. The couple, along with another company executive, are being held accountable for what the lawsuit calls a “fraudulent transfer” of over half a billion dollars.

ReasonBehind the Dispute

This high-stakes legal drama centers around a $1.2 billion loan taken by Byju’s through a US-based special purpose vehicle called BYJU’S Alpha. Lenders claim that $533 million from this loan was illegally diverted to a hedge fund in Miami. In February, a US judge ruled that the fund transfer was illegal, supporting what the lenders had claimed. The new lawsuit filed on April 9 says Raveendran and his team moved the money on purpose without paying anything in return. The lenders also said the team acted unlawfully and tried to hide what they did.

Byju’s Denies Allegations, Calls Case Baseless

Byju’s, however, is not taking these claims lightly. The company issued a strongly worded response, calling the lawsuit “baseless” and “pointless.” According to Byju’s, the lawsuit is just another attempt by the lenders to seize control of the company using “unlawful” tactics. They specifically pointed fingers at Global Loan Agency Services (GLAS), a representative of the lenders, for spreading falsehoods and attempting to manipulate the legal system.

Judicial Ruling Adds to the Pressure

The recent court ruling held that Riju Ravindran, a senior executive, violated his legal responsibilities and played a role in the alleged financial mismanagement. The lenders argue that the leadership team’s actions were part of a deliberate plan to avoid repaying debts. BYJU’S Alpha, which once held the controversial funds, is now under Chapter 11 bankruptcy protection, giving lenders a legal route to pursue asset recovery.

A Complex Cross-Border Legal Battle

While the legal drama plays out in the US, Byju’s is also facing bankruptcy-related challenges in India. Lenders are working to recover funds by selling off Byju’s US-based educational software companies, which were bought for around $820 million. Meanwhile, Indian authorities are assessing the company’s remaining assets, though the eventual payout remains uncertain.

Conclusion

With the $533 million fraud lawsuit now taking center stage, the road ahead looks rough for Byju’s. The outcome of this case could significantly impact the company’s future, both in India and internationally. As the courtroom battle unfolds, industry watchers are keeping a close eye on how one of India’s biggest edtech names navigates its most challenging test.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Donald Trump’s Tariff Strategy: 90-Day Pause for All Except China

In an unexpected move, a three-month pause on reciprocal tariffs has been announced, sending waves across global markets. The only exception? This pause does not apply to China, which continues to face steep duties. The decision marks a shift from the tough tariff approach that had defined the trade policy in recent months. 

China Still Faces High Tariffs 

While most countries will now see tariffs return to a universal rate of 10%, China remains an exception. The tariff on Chinese imports has been raised to 125% from the earlier 104%. As per CNN Business reports, the message was clear: unless China cooperates, the pressure will not ease. 

Trade Relief for India 

Following the 26% customised reciprocal tariff imposed by the US on Indian goods, Indian markets saw a noticeable dip. However, the recent 90-day pause in tariff hikes has offered some breathing room. This pause gives India more time to strengthen its trade talks with the US and work toward a favourable deal. 

A spokesperson from the Ministry of External Affairs shared that discussions are ongoing between Indian and US trade teams. Both sides are aiming to finalise a balanced, multi-sectoral trade agreement that benefits both countries. 

Behind the Scenes of the Decision 

According to CNN Business, the decision to pause was influenced by internal discussions and rising pressure from stakeholders. The US administration acknowledged that the move was strategic and aimed at gaining leverage in ongoing talks with trade partners. Officials who were part of the announcement said it was crafted early in the morning, reflecting a shift in tone and strategy. 

Tensions Continue with China 

The sharp tariff increase on China followed retaliatory measures from Beijing. China recently imposed new duties of 84% on US goods, escalating tensions. As per CNN Business, some economists believe this tension is unlikely to ease soon. China is now more self-reliant and has public support for resisting US pressure. 

What Lies Ahead? 

Industry leaders welcome the pause, but uncertainty looms over what follows the 90-day break, especially for sectors like steel, aluminium, and automobiles affected by the ongoing Trump tariff strategy.  

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   

Samvardhana Motherson Shares Rally 6% After Declaring €50 Mn Cost Cuts

SamvardhanaMotherson shares went up by nearly 6% on Friday, April 11, after the company shared plans to cut costs by €50 million. The stock reached a high of ₹120.00 on the NSE during the day, showing fresh interest from investors after a long period of weak performance.

Company Plans to Cut Costs in Europe

Samvardhana Motherson International is implementing a cost reduction strategy through its subsidiary, SMRP BV. The plan aims to save around €50 million by improving the way the company works in Central and Western Europe. This move comes as the company deals with changes in the global auto industry, supply chain issues, and new rules in different countries.

The company said, “Motherson is focused on creating value for its stakeholders. Since 2020, we have completed 23 acquisitions and made big investments across the world. This step will help us stay strong in a changing market.”

Though the company did not give full details of how the cost cuts will happen, the large number shows that it is serious about improving efficiency and long-term performance.

Small Tax Penalty in South Africa

Along with this news, the company also said that its step-down unit, MSSL RSA, received a tax notice from the South African Revenue Services. The penalty is ZAR 4,985,770 (around ₹2.19 crore) for late tax payment. However, the company said this will not have a big impact on its business or financial health.

SamvardhanaMotherson Share Price History

Despite the recent uptick, SamvardhanaMotherson shares have struggled over the past year, falling 3.95% in the last 12 months. Since the beginning of the year, the stock has declined by 27.15%. In the last six months, it fell by 45.12%, while in the past three months, it went down 23.94%. Over the last month alone, the stock lost 11.50%.

On Friday, April 11, SamvardhanaMotherson share price rose to ₹120.00 on the NSE, up 6%. As of 2:58 PM, it was trading at ₹118.59, up 4.94%, offering some relief after recent declines.

Conclusion

The new cost-cutting plan shows that Samvardhana Motherson is taking steps to improve its business and stay strong in a changing market. While the stock is still under pressure, this move may help bring back investor confidence over time.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Strong Demand Pushes IIFL Finance NCDs to Close Ahead of Schedule

IIFL Finance’s latest public issue of Non-Convertible Debentures (NCDs) has garnered robust demand from investors, prompting the company to close the issue much earlier than planned. The NBFC announced that the issue, initially scheduled to close on April 23, will now close on April 11 due to an overwhelming response.

NCD Issue Oversubscribed Nearly 5 Times

The secured and listed redeemable NCD issue received a strong investor turnout, getting oversubscribed 4.75 times. By April 9, the company had received applications worth ₹475.03 crore. Offered on a first-come, first-served basis, the issue included a base size of ₹100 crore with a green-shoe option (an option that allows a company to raise additional funds by accepting excess demand beyond the base issue size) to retain oversubscription of up to ₹400 crore, aggregating a total of ₹500 crore.

Wide Range of Tenor and Interest Options

IIFL Finance offered the NCDs across tenors of 15, 24, 36, and 60 months, with options for monthly, annual, or cumulative interest payments. The highest effective yield stands at 10.24% per annum for the 60-month series, making it an attractive fixed-income option for investors seeking predictable returns.

Purpose of the Fundraise

The proceeds from the NCD issue will be used to strengthen IIFL Finance’s lending portfolio. Specifically, the funds will support onward lending, refinancing of existing debt, interest payments, and other general corporate requirements.

Company Commentary on Demand

Govind Modani, Head of Treasury at IIFL Finance, expressed gratitude for the investor response, stating that the enthusiastic participation was a reflection of the company’s sound track record and trusted corporate profile.

IIFL Finance Share Price Update

Despite the strong demand for its NCD issue, the positive sentiment was not reflected in IIFL Finance share price. As of 1:50 PM on Friday, April 11, 2025, the stock was trading at ₹320.95, down ₹4.10 or 1.26%. It touched an intraday high of ₹330.50, while its 52-week high stands at ₹560.60.

Conclusion

The early closure of the NCD issue highlights IIFL Finance’s strong reputation and continued trust among fixed-income investors, even as equity market sentiment remains cautious.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Suzlon Share Price Rises Over 5% as Retail Shareholding Hits 25.12% in Q4

Suzlon Energy has once again caught the attention of investors, particularly at the retail level. Despite a noticeable correction in its share price during the January to March 2024 quarter, the Suzlon Share Price saw a healthy rise of over 5% reaching ₹53.96 on Friday, April 11, 2025, backed by a strong increase in retail shareholding. This highlights growing confidence among small investors in the renewable energy major, even as institutional players appear more cautious.

Retail Shareholding Crosses 25% Mark

According to the latest shareholding data submitted to the Bombay Stock Exchange (BSE), the number of retail shareholders rose from 54.09 lakh in December 2023 to 56.12 lakh by March 2024. More importantly, retail investors now own 25.12% of the company, up from 24.49% in the previous quarter.

These investors are typically individuals holding up to ₹2 lakh worth of shares, and their growing participation suggests continued faith in Suzlon’s long-term prospects. 

Foreign Investors Stay Put While Mutual Funds Stake Drops

While retail investors increased their stake, foreign portfolio investors (FPIs) held steady. Their collective ownership remains unchanged at around 23%, showing continued overseas interest in Suzlon Energy. On the other hand, domestic mutual funds reduced their holdings slightly from 4.44% to 4.17%.

One of the key exits appears to be from the HSBC Conservative Hybrid Fund, which no longer features in the latest shareholding disclosures, suggesting either a full exit or a dip below the 1% reporting threshold.

LIC Maintains Its Position Steady

Another key highlight from the March quarter shareholding report is the consistency shown by the Life Insurance Corporation of India (LIC). The insurance giant continues to hold a 1.03% stake in Suzlon, signalling sustained long-term confidence from one of India’s most significant institutional investors.

Public Ownership Remains Dominant

Promoters of Suzlon Energy continue to hold a 13.25% stake, while public shareholding stands at a strong 86.75%. This large public holding indicates broad-based investor participation, with much of the recent traction being driven by retail buyers.

Suzlon Share Price Update and Performance

Although Suzlon shares dropped 8% during Q4 and are down nearly 39% from their September 2024 high of ₹86.04, the company has still delivered a yearly return of over 24%. The stock has faced pressure in the short term, showing a 19.87% YTD decline and falling 29.63% over the last six months. However, recent trends suggest some stability, with a smaller 2.59% dip over the last month. At 1:04 PM today, Suzlon Energy Share Price was ₹53.14, up by 3.73% on the BSE.

Conclusion

Suzlon Energy’s rising retail shareholding, even amid short-term market pressures, paints a picture of growing grassroots confidence. As institutional investors tread cautiously, retail participants seem to be banking on the company’s renewable energy potential and long-term value.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Glenmark Shares Fall 7% After US FDA Product Recall News

Glenmark Pharmaceuticals witnessed a sharp decline in its stock price after the US Food and Drug Administration (FDA) issued a product recall that shook investor confidence. The pharmaceutical major saw its shares tumble by nearly 7% on Wednesday, April 9, following reports of a Class-II recall involving 39 of its drug products shipped to the United States.

Why Did the Recall Happened?

The recall, initiated in March and officially classified as Class-II by the US FDA on April 8, 2025, primarily involved drugs nearing their expiry. According to the FDA website, most of the recalled products had reached or were close to reaching their expiration dates in March 2025. These products were manufactured at Glenmark’s facility in Pithampur, Madhya Pradesh.

A Class-II recall is issued when the use of a product may lead to temporary or medically reversible health effects. Though not considered as dangerous as a Class-I recall, it still requires swift corrective action. In this case, Glenmark will need to either withdraw the products from the US market or take necessary steps to ensure compliance.

What This Means for Glenmark?

While drug recalls are not uncommon in the pharmaceutical industry, the scale of this recall and the timing—given market volatility—added to investor concerns. The news also comes at a time when Glenmark is trying to strengthen its US business, which contributes a significant portion of its global revenues. Although the recall was linked mainly to product expiry, it raised questions about supply chain and inventory management practices.

Despite being routine in nature, such large-scale recalls may affect the company’s credibility in key markets like the US. Investors will be closely monitoring Glenmark’s next steps to address the situation and maintain regulatory compliance.

Glenmark Share Price Update

Following the recall announcement, Glenmark share price dropped to ₹1,376.35 on the BSE, marking a 4.35% intraday fall. Earlier in the day, the stock had slipped nearly 7% before recovering slightly. Overall, Glenmark shares have lost about 15% of their value so far in 2025.

Conclusion

Although the recall may not indicate a serious safety issue, its impact on investor sentiment has been immediate. As Glenmark works to navigate this challenge, how it manages the fallout will be key to restoring confidence and stabilising its share performance.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.