Mumbai — IndusInd Bank Limited has approved the grant of 81,500 employee stock options (ESOPs) to a select group of five employees, reinforcing its strategy to reward performance and retain key talent. The decision was cleared by the bank’s Compensation and Nomination & Remuneration Committee and disclosed in line with regulatory requirements. Key Details of … Read more
New Delhi — REC Limited, a government-owned infrastructure financing firm under India’s Ministry of Power, has requested stock exchanges to waive a regulatory fine imposed for non-compliance with board composition rules. The company submitted its official response to both the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE), explaining the circumstances … Read more
Mumbai — In a significant step toward sustainable maritime operations, Mazagon Dock Shipbuilders Limited (MDL) has signed a $39 million contract with Shipping Corporation of India (SCI) to build the country’s first methanol dual-fuel platform supply vessel (PSV). The agreement marks a milestone for India’s shipping industry, as it introduces cleaner fuel technology into commercial … Read more
New Delhi — In a major push to strengthen infrastructure and regional connectivity, the Indian government has approved the construction of a four-lane, access-controlled highway linking key districts in the northern state of Uttar Pradesh. The decision was taken by the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi. The project … Read more
Bangalore, India — Infosys Limited has announced plans to expand its global enterprise services footprint by establishing a new wholly owned subsidiary in Australia. The move underscores the company’s ongoing strategy to strengthen its international presence and tap into high-growth markets. According to an official statement, Infosys Singapore Pte Ltd—a wholly owned arm of Infosys—has … Read more
Janjgir-Champa, India: A serious road accident occurred in Chhattisgarh’s Janjgir-Champa district when a school van carrying children overturned after colliding with a tractor. The incident left at least nine children, two teachers, and the school principal injured. 📍 How the Accident Happened The accident took place in Kuthur village. According to initial reports, the principal … Read more
