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PNB Housing Finance appoints Ajai Kumar Shukla as MD and CEO

Mumbai, Dec. 18 -- PNB Housing Finance announced that Ajai Kumar Shukla(DIN:11358498) has assumed charge as Managing Director & Chief Executive Officer (MD & CEO) of the Company with effect from 18 De... Read More


Ashika Credit Capital incorporates WoS - Ashika Global Custodial Services

Mumbai, Dec. 18 -- Ashika Credit Capital announced the incorporation of a wholly owned subsidiary, Ashika Global Custodial Services on 17 December 2025 to carry out custodial services, subject to rece... Read More


NHPC completes trial run of Unit 2 of Subansiri Lower HE Project

Mumbai, Dec. 18 -- NHPC announced that trial run of Unit # 2 (250 MW) of Subansiri Lower HE Project, 2000 MW (8 x 250 MW), Assam/Arunachal Pradesh has been successfully completed on 18 December 2025. ... Read More


Prakash Industries board approves availing loan of Rs 75 cr from Prakash Pipes

Mumbai, Dec. 18 -- The board of Prakash Industries at its meeting held on 18 December 2025 has approved availing inter-corporate loan of Rs. 75 crore from Prakash Pipes (PPL), a promoter group entity,... Read More


MCX rises on fixing record date for 5-for-1 stock split

Mumbai, Dec. 18 -- Under the plan, MCX will split each equity share with a face value of Rs 10 into five equity shares of Rs 2 each, a move aimed at improving liquidity and retail participation. MCX ... Read More


Alembic Pharma receives USFDA approval for Travoprost ophthalmic solution

Mumbai, Dec. 18 -- The approved ANDA is therapeutically equivalent to the reference listed drug (RLD), Travatan Z Ophthalmic Solution, 0.004%, marketed by Sandoz Inc. Travoprost ophthalmic solution is... Read More


MCX Morning Wrap: Sentiments weak for base metals, MCX Zinc slides half a percent

Mumbai, Dec. 18 -- Base metals eased today. MCX December Copper futures are trading at Rs 1110.70 per kg, down 0.24% on the day. The counter hit a high near Rs 1113 per kg in early moves. MCX Aluminum... Read More


SEBI approves new stock brokers' regulations to enhance ease of compliance

Mumbai, Dec. 18 -- Securities and Exchange Board of India or SEBI has offered a review of SEBI (Stock Brokers) Regulations, 1992. The Board approved the proposal to replace Securities and Exchange Boa... Read More


Rossari Biotech board approves incorporation of subsidiary in Singapore

Mumbai, Dec. 18 -- The board of Rossari Biotech at its meeting held on 18 December 2025 has approved the incorporation of a wholly owned subsidiary in Republic of Singapore with an initial investment ... Read More


Nifty above 25,850; IT shares advance

Mumbai, Dec. 18 -- The key equity benchmarks continued to trade with modest gains in the early afternoon trade. The Nifty traded above the 25,850 mark. IT shares extended gains for the second consecut... Read More