Samvardhana Motherson International Ltd (SAMIL), one of India’s leading auto component and diversified manufacturing giants, has laid out its ambitious Vision 2030 roadmap, targeting $108 billion in gross revenue and a 40% return on capital employed (RoCE). The company also announced a dividend payout ratio of up to 40%, signaling strong shareholder value creation and…
Bharat Forge Ltd., the Pune-based engineering and defence major, has announced a landmark expansion into advanced defence manufacturing, triggering a sharp rally in its stock price. On September 8, 2025, shares of Bharat Forge jumped over 6% to ₹1,213.30 on the BSE, following news that its step-down subsidiary Agneyastra Energetics will acquire nearly 950 acres…
Craft Emerging Market Fund PCC has acquired a 3.87% equity stake in Prime Focus Limited, a leading global media and entertainment services company, through a block deal valued at ₹187.86 crore. The transaction, executed on September 8, 2025, involved the purchase of 1.20 crore equity shares at an average price of ₹156.55 per share, marking…
JioBlackRock Mutual Fund has announced the launch of India’s first AI-powered active equity fund—JioBlackRock Flexi Cap Fund—marking a significant milestone in the evolution of tech-enabled investing. The New Fund Offer (NFO) will open on September 23, 2025, and close on October 7, 2025. This open-ended equity scheme aims to deliver long-term capital appreciation by investing…
Bharat Petroleum Corporation Limited (BPCL) has received a crucial nod from the Expert Appraisal Committee (EAC) under the Ministry of Environment, Forest and Climate Change to prepare the Terms of Reference (ToR) for its proposed ₹1.03 lakh crore Greenfield Refinery and Petrochemical Complex in Andhra Pradesh. The massive infrastructure project, set to be located at…
India’s $225 billion IT services industry is bracing for a potential disruption as the United States considers imposing a 25% outsourcing tax under the newly proposed Halting International Relocation of Employment (HIRE) Act. Introduced by Republican Senator Bernie Moreno, the bill aims to penalize US companies that outsource jobs overseas, particularly targeting service payments made…
India’s equity markets staged a partial recovery this week, buoyed by optimism surrounding the government’s sweeping GST rate rationalisation. The revamped structure, which reduces the number of slabs to just 5% and 18%, is expected to inject fresh momentum into domestic consumption and corporate earnings. However, Vinod Nair, Head of Research at Geojit Financial Services,…
At the 24th Shanghai Cooperation Organisation (SCO) Trade Ministers’ Meeting held in Vladivostok on September 6, 2025, India raised strong concerns over persistent trade imbalances and the misuse of export controls, calling for a calibrated, transparent, and inclusive approach to global commerce. Representing India, Amitabh Kumar, Additional Secretary in the Department of Commerce, emphasized the…
The State Bank of India (SBI) has projected a modest ₹3,700 crore revenue loss to the central government in FY26 due to the latest Goods and Services Tax (GST) reforms, according to its recent research report. The reforms, approved by the GST Council at its 56th meeting, include a major rate rationalisation that replaces the…
In a major regulatory move aimed at preserving investor data integrity and ensuring uninterrupted Know Your Client (KYC) services, the Securities and Exchange Board of India (SEBI) has issued a comprehensive framework to streamline the surrender of registration by KYC Registration Agencies (KRAs). The circular, released on September 5, 2025, outlines a structured process for…
