🔹 UGRO Capital: Receives RBI’s ‘No Objection’ for the amalgamation of its subsidiary Profectus Capital with itself. 🔹 Hindalco Industries: CFIUS review for its AluChem acquisition temporarily paused due to partial US government shutdown. 🔹 OneSource Specialty Pharma: Gets NSE and BSE ‘No Objection’ letters for the merger…
🔹 HEG: Its subsidiary TACC signs an agreement with INOXAP for nitrogen supply and operation of a nitrogen plant at its Madhya Pradesh facility. 🔹 3M India: Concludes an Advance Pricing Agreement (APA) with the CBDT and records a tax expense of ₹171 crore in its profit &…
🔹 Lupin: Receives approval from the European Commission for its Ranibizumab biosimilar, strengthening its presence in the European market. 🔹 Waaree Energies: Its subsidiary signs an agreement with ZFI to expand a 2.5 GW electrolyser project in Uttar Pradesh and also secures a separate 500 MW solar module…
TVS Mobility Group has entered into a long-term partnership with Austria-based lifting solutions manufacturer Palfinger AG to establish a new manufacturing plant in Pune. The facility will focus on producing truck-mounted cranes and related steel components. As part of the first phase, Palfinger will invest approximately €30 million…
Canara Bank has entered into a distribution agreement with SBI Funds Management Limited, enabling the bank to offer SBI Mutual Fund schemes to its customers across its branch network and authorised channels. The arrangement is purely a distribution partnership and does not involve any equity participation or change…
The Delhi Development Authority (DDA) has extended the registration deadline for its Premium Housing Scheme 2026, providing additional time for homebuyers to apply and participate in the upcoming e-auction. The extension follows requests from prospective applicants and is expected to boost participation in the scheme, which offers 582…
Shares of Godrej Properties Ltd are attracting attention after the company announced the signing of a joint development agreement (JDA) for an approximately 18-acre land parcel in Thane, within the Mumbai Metropolitan Region (MMR). The transaction was disclosed in a regulatory filing dated 23 February 2026. While the…
The government has proposed stricter reporting requirements under Rule 161 of the Draft Income Tax Rules, 2026, making it compulsory to quote and electronically authenticate the Permanent Account Number (PAN) for certain high-value banking transactions. The proposal is aimed at enhancing financial transparency, strengthening audit trails for substantial…
The Kerala government has sanctioned a 10% hike in Dearness Allowance (DA) for its employees and Dearness Relief (DR) for pensioners, offering additional financial support amid rising living costs. The revision aims to maintain income stability for public servants and retirees while aligning compensation with inflation trends. The…
Shares of Lodha Developers are drawing attention after the real estate major signed a joint development agreement (JDA) worth ₹364.80 crore in Mumbai. The agreement has been executed with Sahana Properties and Resorts and Sahana Builders and Developers, entities belonging to the Sahana Group. The transaction involves multiple…