Salem Erode Investments Limited has approved the issuance of unlisted secured redeemable non-convertible debentures (NCDs) aggregating ₹13 crore through a private placement. The approval was granted at a meeting of the Board of Directors held on December 23, 2025, which took place between 11:00 A.M. and 12:00 P.M.…
Tech Mahindra Partners with Noida International Airport to Upgrade Network and Cybersecurity Systems
Tech Mahindra has entered into a partnership with Noida International Airport to strengthen the airport’s network infrastructure and cybersecurity capabilities. The collaboration is aimed at building a secure and resilient digital framework to support operations at the upcoming aviation hub. Partnership Scope Under the agreement, Tech Mahindra will…
Larsen & Toubro (L&T) has secured a large engineering, procurement, construction, and commissioning (EPCC) contract from Bharat Petroleum Corporation Limited (BPCL) for a petrochemical project at Bina in Madhya Pradesh. Based on L&T’s internal classification, the contract value falls within the range of ₹5,000 crore to ₹10,000 crore,…
Ramco Cements has generated ₹514.90 crore through the sale of a part of its non-core assets to Prestige Estates Projects Limited. The transaction forms part of the Chennai-based cement manufacturer’s ongoing asset monetisation initiative focused on divesting properties not directly linked to its core operations. Asset Monetisation Milestone…
The Bombay Stock Exchange (BSE) is preparing to broaden its footprint in the derivatives segment by introducing new monthly index option products and restructuring its Bankex index, according to media reports. The initiative follows regulatory changes by the Securities and Exchange Board of India (SEBI), which limited weekly…
The IPO will consist of a fresh issue of equity shares valued at ₹140 crore, along with an offer for sale of up to 0.50 crore equity shares by existing shareholders. The equity shares are proposed to be listed on both the National Stock Exchange (NSE) and the…
GRM Overseas Ltd (NSE: GRMOVER) has announced Wednesday, December 24, 2025, as the record date for its proposed bonus share issue. Shareholders whose names appear in the company’s records on this date will be eligible to receive the bonus shares. Bonus Issue Structure The company has approved a…
Unclaimed deposits held by Indian banks have increased substantially over the years. According to Reserve Bank of India (RBI) data, a total of ₹74,580.25 crore was parked in the Depositor Education and Awareness (DEA) Fund as of March 31, 2025. This fund aggregates balances from accounts that have…
Cipla: Launched India’s first orally inhaled insulin powder for diabetes patients, marking a major innovation in diabetes care. Saatvik Green: Subsidiary Saatvik Solar Industries secured a ₹486 crore EPC order for supplying solar PV modules. Lloyds Enterprises: Board approved restructuring involving merger of Lloyds Realty Developers and Indrajit…
December 23, 2025
Market View 23rd December, 2025
View on market: Volatility persists, eagerly searching for growth: Global markets showed mixed signals during Asian trading hours. US index futures traded slightly lower, while European futures were marginally positive. Despite this, Asian markets continued their positive momentum and extended gains for a third straight session, supported by…