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Showing posts from April, 2026

DMI 2026: Where Innovation Meets Opportunity

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  Die & Mould India International Exhibition 2026 marks the beginning of four days of innovation, dialogue, and discovery. As exhibitors’ present next-gen solutions and visitors engage with new ideas, the event reinforces its role as a growth catalyst in India’s tooling industry.  Setting the stage for innovation and industry collaboration, Die & Mould India International Exhibition 2026 (DMI 2026) commenced at the Bombay Exhibition Centre, Goregaon, Mumbai, on April 21, 2026. Organised by the Tool & Gauge Manufacturers Association of India (TAGMA), DMI 2026 promises to showcase various technological developments for the booming die and mould industry. It highlights the opportunities and challenges and provides a platform for toolmakers to learn from the user industry.  The four-day event has brought together leading toolmakers, technology providers, and user industries to highlight advancements in die and mould technology, CNC machining, automation, and addit...

SHRIRAM FINANCE LIMITED REVISES FIXED DEPOSIT INTEREST RATES EFFECTIVE MAY 6, 2026

Mumbai, April 19, 2026:  Shriram Finance Limited (SFL), the flagship company of the Shriram Group, has announced a revision in interest rates on Fixed Deposits (FDs) across various maturity tenures. The revised rates will be effective from May 6, 2026. The rate revision follows the recent upgrade of SFL's long-term credit ratings for Bank Loan Facilities, Non-Convertible Debentures, Subordinated Debt, and Fixed Deposit Programmes to  AAA (Stable)  — the highest rating on each agency's respective scale, by CRISIL Ratings, ICRA, India Ratings & Research, and CARE Ratings. The Fixed Deposits are rated  "CRISIL AAA/Stable"  by CRISIL Ratings,  "[ICRA]AAA (Stable)"  by ICRA,  "IND AAA/Stable"  by India Ratings and Research, and  "CARE AAA/Stable"  by CARE Ratings. Revised Interest Rates (Effective May 6, 2026) Deposits up to Rs. 10 Crore Tenor Existing Rate p.a. Revised Rate p.a. 12 months 7.00% 6.75% 15 months (Digital Only) 7.25% 7...

India’s First-Ever Pan India Reality Show ‘Big Pitchure’ Launched- Puts the Power of Cinema in the Hands of the People

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Big Pitchure *MUMBAI, 19th April 2026:* In a move set to redefine the landscape of Indian entertainment, Gammen Sports and Entertainment Pvt. Ltd. announced the launch of ‘Big Pitchure’, a revolutionary Pan India reality show that hands the reins of filmmaking directly to the audience. Streaming soon on JioHotstar in five languages, the show challenges the nation with a simple yet powerful provocation: “You’ve always judged movies. Now make one.” In an era of instant one-minute reviews and armchair critics, ‘Big Pitchure’ offers a 15-week journey that transforms viewers into the writers, directors, actors, and decision-makers of a feature-length film. The show aims to bridge the gap between audience judgment and the grueling reality of cinematic creation, culminating in a nationwide theatrical release of a movie made "by the people, for the people." *The show’s format is anchored by two central pillars that ensure transparency and high-stakes drama:* • The Starboard: A mass...

Grand Cultural Celebration and Dance Competition held in Kandivali on the occasion of Dr. Babasaheb Ambedkar’s 135th Birth Anniversary

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Mumbai: To commemorate the *135th birth anniversary of the architect of the Indian Constitution, *Bharat Ratna Dr. Babasaheb Ambedkar,* the *Republican Party of India (Athawale), North Mumbai District,* organized a grand cultural event and dance competition. The event took place on April 16, 2026, at Bandar Pakhadi Road, Dahanukar Wadi, Kandivali (West). The evening was filled with vibrant performances where children and local youth paid tribute to the Great Visionary through various artistic forms. *Key Highlights of the Event:* *Cultural Programs:* Children showcased their talents through skits and performances based on the life and teachings of Dr. Ambedkar. *Dance Competition:* A high-energy dance competition was held featuring performances on revolutionary songs (Bhim Geete). *Award Ceremony:* Winners were honored with trophies and certificates by the esteemed guests to encourage their artistic journey. *Dignitaries in Attendance:* The event was graced by *Mr. Ramesh Gaikwad,* Pre...

Grand Housing Ltd gets final Sebi nod for its IPO

DRHP Link:  https://nsearchives.nseindia. com/corporate/Registration_ 30092025211436_GrandHousing_ DRHP.pdf Link to Sebi processing status:  https://www.sebi.gov.in/ filings/processing-status/apr- 2026/processing-status-issues_ 96940.html Chennai-based Grand Housing Limited has received final approval from the capital markets regulator, Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).   The Company had filed its IPO papers with Sebi on September 29, 2025.   The IPO is an offer for sale of up to 35, 500, 000 shares by promoter - Vijay Surana J.   The company is a real estate developer in India primarily focussing on plotted developments in Tamil Nadu, particularly in and around Chennai. As part of its business, the company acquires parcels of land and build basic infrastructure on the land, such as roads, power connections, sewage, water supply thereby converting it into developable land. The company has also worked to acquire ...

DGTS, Mumbai Zonal Unit Participates in GST Samvaad Roundtable in Mumbai

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DGTS Engages with MSME Stakeholders at GST Samvaad Roundtable in Mumbai :Mumbai, April 17, 2026 The Directorate General of Taxpayer Services (DGTS), Mumbai Zonal Unit (MZU), participated in the GST Samvaad – Roundtable Consultation held in Mumbai on April 17, 2026. The event provided a platform for interaction between GST authorities and stakeholders, particularly from the MSME sector to deliberate on issues related to GST compliance, policy developments and facilitation measures. Shri Sumit Kumar, Principal Additional Director General, DGTS, MZU along with officers of the unit actively engaged with stakeholders during the roundtable. Their participation reflects DGTS’s continued commitment to strengthening taxpayer outreach and fostering constructive dialogue with industry. The consultation was organised by India SME Forum, a leading organisation representing MSMEs across the country. The initiative aims to bridge the gap between taxpayers and policymakers by facilitating discussions ...

LIC of India introduces MyLIC App (for Customers) and Super Sales Saathi App (for Intermediaries)

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(L-R) Shri Ratnakar Patnaik, MD, LIC; Shri R. Doraiswamy, CEO & MD, LIC; Shri M. Nagaraju, IAS, Secretary, Department of Financial Services, Ministry of Finance, GoI; Shri Dinesh Pant, MD, LIC; Shri Ramakrishnan Chander, MD, LIC, at the grand launch of the MyLIC customer app in Mumbai.   Mumbai, April 15, 2026:  Shri. M. Nagaraju, IAS, Secretary, Department of Financial Services, Ministry of Finance, launched the new LIC’s Customer App (MyLIC) and the mobile App for the sales intermediaries (LIC’s Super Sales Saathi) on 15 th  April, 2026 in the presence of CEO & MD Shri. R. Doraiswamy, Managing Directors Shri. Dinesh Pant, Shri. Ratnakar Patnaik, Shri. R. Chander and senior management of LIC of India at Mumbai. MyLIC is a next-generation mobile application, built to redefine the experience of how policyholders will manage their life insurance portfolio. Super Sales Saathi App is a next generation mobile application for LIC’s marketing personnel. These Apps have b...

Vikram Solar Hits 10 GW in Global Deployments, Marks Major Milestone

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Now powering over 5 million Indian homes, reinforcing its growing role in India’s clean energy transition Capacity doubled from 5 GW to 10 GW in two years 1.5 GW exports across 39 countries, strengthening global footprint   Kolkata, 13 th  April 2026 —  Vikram Solar, a prominent Indian solar PV module manufacturing company, has crossed 10 GW in cumulative global solar module deployments, marking a defining milestone in its growth journey and reinforcing its expanding role in powering the global clean energy transition.   To put this milestone into perspective, Vikram Solar’s 10 GW, equivalent to over 25 million solar modules deployed globally, is enough to power over 5 million Indian homes. The company has doubled its cumulative deployments from 5 GW to 10 GW in just two years, reflecting strong demand momentum and a robust growth trajectory built over the past two decades.   India’s solar sector has witnessed remarkable expansion over the years, growing at reco...

ICICI Prudential Asset Management Company Limited today reported its financial performance for the quarter ended March 31, 2026.

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Result Link:   https://www.bseindia.com/ corporates/anndet_new.aspx? newsid=45854c95-4aa8-4a44- a4e7-99ffe0ee9872 Presentation Link:   https://www.bseindia.com/ corporates/anndet_new.aspx? newsid=c0f27557-7345-4595- 9931-2471005ce67a Mumbai, April 13, 2026:  ICICI Prudential Asset Management Company Limited today reported its financial performance for the quarter and year ended March 31, 2026. ICICI Prudential AMC’s Operating Profit Before Tax for the year ended March 31, 2026 at ₹ 41.71 billion, an increase of 29 % over year ended March 31, 2025.   CORPORATE HIGHLIGHTS • MF QAAUM of ₹11,047.87 billion for the quarter ended March 31, 2026 with a market share of 13.5% as compared to ₹8,794.12 billion for the quarter ended March 31, 2025. • QAAUM in Actively Managed stood at ₹9,206.15 billion for the quarter ended March 31, 2026 with a market share of 13.7% as compared to ₹7,552.29 billion for quarter ended March 31, 2025. • QAAUM in Equity & Equity oriented scheme...

ISSUANCE OF BONUS EQUITY SHARES BY LIC

Mumbai, 13th April, 2026: The Board of   Directors of  Life Insurance Corporation of India (“LIC”) in their meeting held today, inter alia considered and approved the issuance of bonus equity shares in the proportion of 1:1, to the existing shareholders as on record date, which shall be announced subsequently. The issuance of bonus equity shares shall be subject to the approval of shareholders.    The existing Authorised equity share capital of LIC is Rs. 25,000 crores and the paid up equity share capital is Rs. 6,324.99 crores. Post proposed bonus issuance of 1:1, the paid up equity share capital shall increase to Rs. 12,649.99 crores. The Reserves & Surplus (In India) stood at Rs. 1,46,440.58 crores as at 31st December 2025 and the Profit After Tax for nine month period ended 31st December, 2025 was Rs. 33,998 crores.     The Board decided that the proposed issuance of bonus shares in the ratio of 1:1 is an appropriate way to reward the memb...

Citius TransNet Investment Trust’s issue to open on, April 17, 2026, price band set at ₹ 99– ₹ 100 per Unit

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(L–R) Mr. Bhavyang Oza, Whole Time Director & Chief Investment Officer; Mr Sreekumar Chatra, Managing Director- Infrastructure Funds ; Ms Sujaya Moghepadhye, Head Capital Markest & Investor Relations and Mr. P Padmanabhan, Chief Financial Officer;  of Citius TransNet Investment Trust, at the company’s IPO Press conference in Mumbai.     Price band of ₹ 99 – ₹ 100 per Unit  Bid/Issue Opening Date –April 17, 2026 and Bid/Issue Closing Date – April 21, 2026.   Minimum Bid Lot is 150 Units and in multiples of 150 Units thereafter   Mumbai, April 13, 2026:  Citius TransNet Investment Trust has fixed the price band of  ₹ 99 – ₹ 100 per Unit  for its Issue. The Issue of the Trust will open on April 17, 2026 for subscription and close on April 21, 2026.   The Gross Proceeds of the Issue are estimated to be ₹ 11,050.00 million. Out of the Net Proceeds from the Issue, up to ₹   10,000.00 million is proposed to be utiliz...