Insurtech platform Turtlemint Fintech Solutions Ltd is preparing to submit its updated draft offer documents to the Securities and Exchange Board of India (SEBI) in the coming two weeks, moving a step closer to a proposed ₹2,000-crore initial public offering. The IPO is likely to be launched sometime…
The Securities and Exchange Board of India (SEBI) has proposed introducing a uniform 30-day delay in the stock price data used exclusively for investor education and awareness initiatives. The suggestion was outlined in a recent consultation paper released on January 6, 2026. Objective: Ensuring Protection Without Losing Relevance…
Tata Power Renewable Energy Limited (TPREL) has announced plans to develop a major ingot and wafer manufacturing facility in Nellore, Andhra Pradesh. The project represents a significant investment of ₹6,675 crore and is aimed at boosting domestic production of critical components used in the solar and semiconductor industries.…
Oil and Natural Gas Corporation Limited (ONGC) has taken over direct operational control of the Mori-5 well in the Mori Field, Andhra Pradesh, following an incident at the site. The company has deployed senior executives and specialist teams to manage the situation, with priority placed on well control,…
Recode Studios Limited, a homegrown beauty and personal care company, has taken a significant step toward accessing the capital markets by submitting its Draft Red Herring Prospectus (DRHP) for a potential listing on the BSE SME platform. The move reflects the company’s intent to accelerate its expansion plans…
Fedbank Financial: Approved the allotment of 20,000 non-convertible debentures (NCDs) aggregating to ₹200 crore via private placement. Bharat Forge: Completed the acquisition of 20,580 shares in SPV Sunsure Solarpark Twenty at a premium of ₹1,240 per share. Biocon: Subsidiary Biocon Biologics to unveil three new oncology biosimilars at…
Lower Goods and Services Tax (GST) rates are expected to provide a meaningful boost to credit demand across the economy, supporting steady growth in bank lending over the next two financial years, according to a report by Motilal Oswal Financial Services (MoSL). The brokerage estimates that overall system…
India is preparing to introduce a comprehensive digital tracking framework for electric vehicle (EV) batteries as part of its push to improve safety, traceability, and environmental accountability. The Ministry of Road Transport and Highways (MoRTH) has proposed the introduction of a Battery Pack Aadhaar System, which would assign…
Torrent Pharmaceuticals has announced that its board of directors has approved a plan to raise up to ₹12,500 crore through the issuance of secured non-convertible debentures (NCDs). The fundraising will be carried out via private placement in one or multiple tranches and the debentures will be listed on…
The State Bank of India (SBI) is gearing up to play a pivotal role in strengthening economic engagement between India and Israel by enabling trade settlements in Indian rupees. The initiative supports India’s broader objective of promoting the international use of the rupee and lowering dependence on the…