Infosys Ltd, India’s second-largest IT services company, has announced its biggest-ever share buyback program worth ₹18,000 crore, aimed at enhancing shareholder returns and optimizing capital allocation. The board approved the buyback on September 11, 2025, offering to repurchase shares at ₹1,800 apiece—a 19% premium over the current market price of ₹1,512. This move marks Infosys’…
Paisalo Digital Ltd, a LIC-backed non-banking financial company (NBFC), witnessed a sharp 5% intraday rally on September 11, 2025, after its promoter group increased its stake and the company successfully raised ₹50 crore through secured non-convertible debentures (NCDs). The stock, which trades under ₹50, opened at ₹37 on the Bombay Stock Exchange (BSE) and touched…
Prestige Hospitality Ventures Ltd, the hospitality arm of Bengaluru-based Prestige Group, is gearing up to launch its ₹2,700 crore initial public offering (IPO) in October 2025. The company has already filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) and received regulatory approval to proceed with the listing….
Cotec Healthcare Ltd, one of India’s fastest-growing contract development and manufacturing organizations (CDMO), has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise ₹295 crore through a fresh issue of equity shares. The Roorkee-based pharmaceutical player aims to utilize the proceeds to expand its manufacturing footprint,…
In a major push to accelerate India’s green hydrogen ecosystem, the Union Government has launched a ₹100-crore dedicated scheme to support startups working on innovative technologies in hydrogen production, storage, transport, and utilization. The announcement was made by Union Minister Pralhad Joshi at the inaugural Green Hydrogen R&D Conference held in New Delhi on September…
Airfloa Rail Technology Ltd’s ₹91 crore SME IPO opened to a roaring start on September 11, 2025, with grey market premium (GMP) trends indicating a potential listing gain of nearly 118%. The IPO, which is entirely a fresh issue of 65 lakh equity shares, is priced between ₹133 and ₹140 per share and will remain…
Reliance Consumer Products Ltd (RCPL), the fast-moving consumer goods (FMCG) arm of Reliance Industries Ltd, has signed a landmark memorandum of understanding (MoU) with the Maharashtra government to invest ₹1,513 crore in a state-of-the-art food and beverage manufacturing facility in Katol, Nagpur. The announcement was made on September 11, 2025, during a high-profile investment summit…
India’s ambitious push to become a global electronics manufacturing hub has received a major boost, with the Centre confirming over 150 investment proposals worth ₹19,000 crore under the Electronics Component Manufacturing Scheme (ECMS). The scheme, launched by the Ministry of Electronics and Information Technology (MeitY), aims to strengthen domestic production of critical components such as…
India’s startup and manufacturing sectors are making global headlines this week, with two major developments signaling the country’s growing economic clout. Urban Company, the leading home services platform, has successfully launched its ₹1,900 crore initial public offering (IPO), while Apple has confirmed that its upcoming iPhone 17 series will be manufactured in India, marking a…
In a landmark move that positions India’s industrial sector on the global stage, Kolkata-headquartered Tega Industries has announced its intent to acquire Molycop, a 107-year-old U.S.-based mining consumables giant, in a $1.5 billion transaction. The acquisition, executed in partnership with Apollo Funds, marks the largest overseas industrial acquisition by a Bengal-based company and is expected…
