Fabtech Technologies’ initial public offering (IPO) concluded with a modest subscription of 2.03 times, reflecting cautious optimism among investors amid volatile market conditions. The ₹230.35 crore issue, which opened for bidding on September 29 and closed on October 1, 2025, saw demand across all investor categories but lacked the frenzy seen in recent SME listings….
Cummins India Limited (CIL), a leading power solutions technology provider, commemorated its 30th anniversary of listing on the National Stock Exchange (NSE) with a ceremonial bell ringing event held on October 3, 2025. The milestone celebration was attended by Ashishkumar Chauhan, MD & CEO of NSE, and Shveta Arya, Managing Director of Cummins India, along…
India’s stock market has seen its share in global market capitalization fall to 3.5% in September 2025, marking its lowest level in two years, according to a report by Motilal Oswal Financial Services. The decline comes despite stable domestic indices, as global peers surged ahead, capturing a larger slice of the $90 trillion global equity…
In a landmark boost to India’s aerospace ambitions, Airbus Helicopters has partnered with Tata Advanced Systems Limited (TASL) to manufacture the H125 utility helicopter in India, with the first units expected to roll out by early 2027. The collaboration marks the establishment of India’s first private-sector helicopter Final Assembly Line (FAL) in Vemagal, Karnataka, and…
Advanced Micro Devices (AMD) has issued a terse one-line response to swirling media reports suggesting early-stage discussions with rival Intel Corporation over a potential chip manufacturing partnership. The statement, released on October 3, 2025, simply read: “AMD does not comment on rumor or speculation.” Despite its brevity, the response has ignited intense debate across the…
Japanese industrial giant Hitachi Ltd witnessed its sharpest intraday stock surge since April 2025, climbing as much as 9.9% to ¥4,285 in Tokyo trading on October 3, following the announcement of a strategic partnership with OpenAI. The rally came after both companies signed a memorandum of understanding (MoU) to collaborate on building sustainable energy infrastructure…
The Tamil Nadu Power Generation Corporation Limited (TNPGCL) has invited tenders for the transportation of crushed coal by road from the Thoothukudi Thermal Power Station (TTPS) to the newly commissioned Udangudi Thermal Power Plant, marking a critical step in the operational rollout of the state’s latest coal-based energy project. The tender, announced on October 4,…
India’s landmark Trade and Economic Partnership Agreement (TEPA) with the European Free Trade Association (EFTA) bloc—comprising Switzerland, Norway, Iceland, and Liechtenstein—has officially come into force, unlocking significant market access for Indian exporters across high-income European economies. The pact, signed in March 2024 and operational from October 1, 2025, is expected to attract $100 billion in…
Zerodha co-founder and CEO Nithin Kamath has welcomed the Reserve Bank of India’s decision to raise the limit on loans against shares from ₹20 lakh to ₹1 crore, calling it a progressive move that empowers retail investors and enhances liquidity in capital markets. The announcement, made as part of RBI’s October 2025 monetary policy review,…
Ashoka Buildcon Ltd, one of India’s leading infrastructure development companies, has acquired a majority stake in Jay Constructions and Transport Company Ltd (JTCL) for ₹166 crore, marking a strategic move to strengthen its presence in the engineering, procurement, and construction (EPC) segment. The acquisition, finalized on October 2, 2025, gives Ashoka Buildcon a controlling interest…
