Author: Legal Parivar

The Ministry of Railways announced on August 21, 2025, that Indian Railways will operate 380 Ganpati Special train trips this year, covering popular destinations such as Udupi, Kolad, and various locations across the Konkan region. This marks the highest-ever number of Ganpati special trips, up from 358 in 2024. Railway Zonal Operations: Ganpati Special Train Routes:Trains will run across Konkan Railway stations, including Kolad, Indapur, Mangaon, Veer, Sape, Karanjadi, Chiplun, Khed, Sawarda, Rajapur Road, Ratnagiri, Madgaon, Udupi, Kundapura, Karwar, Kumta, and Murdeshwar, among others. The Ganpati Puja celebrations are scheduled from 27 August to 6 September 2025, with services starting…

Vedanta Ltd announced on August 21, 2025, that it will pay a second interim dividend of Rs 16 per share for FY26, totaling Rs 6,256 crore. The record date for this dividend is set for August 27. Shares of the Anil Agarwal-led mining conglomerate closed 0.36% higher at Rs 447.1 on the same day. Earlier, the company had approved a first interim dividend of Rs 7 per share on June 18, 2025. In FY25, Vedanta had distributed Rs 17,000 crore as dividends, equating to Rs 43.5 per share. Meanwhile, the National Company Law Tribunal (NCLT) has deferred the hearing on…

Glass fiber reinforced polymer (GFRP) solutions provider ARC Insulation & Insulators saw strong investor interest in its initial public offering (IPO) on August 21, achieving full subscription on the first day. Investors placed bids for 45.36 lakh shares against the offer size of 23.58 lakh shares, translating to a subscription rate of 1.92x across all investor categories. The West Bengal-based company launched the IPO to raise Rs 41.19 crore through a total of 32.95 lakh shares, including a fresh issue of 30.45 lakh shares and an offer-for-sale of 2.5 lakh shares by promoter Manish Bajoria. The price band was set…

Clean Science & Technology’s promoter group, including Krishnakumar Boob, Parth Maheshwari, and Ashok Boob, sold close to 24% of their stake, valued at approximately Rs 2,750 crore, through open market transactions on Thursday. Key transactions within the group included: Cumulatively, the promoter group sold 2.5 crore shares, representing a 23.98% stake worth Rs 2,749.87 crore. On the buyer side, Bajaj Allianz Life Insurance, Norges Bank (Government Pension Fund Global), Nippon India Mutual Fund, SBI Mutual Fund, and VQ Fastercap Fund acquired 96.17 lakh shares (9% stake) for Rs 1,044.25 crore. Following the trades, Clean Science shares ended the session at…

Foreign Investors, DIIs Pump Funds Into Indian Equities Foreign institutional investors (FIIs/FPIs) infused Rs 1,247 crore into Indian equities on Thursday, August 21, while domestic institutional investors (DIIs) continued their support with net purchases of Rs 2,546 crore, according to provisional exchange data. During the trading session, FIIs bought shares worth Rs 14,960 crore and sold shares worth Rs 13,713 crore. Meanwhile, DIIs purchased equities worth Rs 14,514 crore and sold shares worth Rs 11,968 crore. For the year to date, FIIs have been net sellers of shares worth Rs 1.86 lakh crore, whereas DIIs have been net buyers of…

Shares of RailTel Corporation of India rose 4% to Rs 373 on Thursday after the public sector telecom infrastructure provider secured two new government contracts worth nearly Rs 50 crore in Kerala and Odisha. RailTel said it received a Rs 34.99 crore contract from the Kerala State Information Technology Mission to provide data centre operation services and maintenance of the State Data Centres for five years. Separately, the company won a Rs 15.42 crore contract from the Higher Education Department of Odisha for the design and development of CMS-based bilingual websites for colleges under the department. Among India’s largest neutral…

India’s renewable energy sector is gearing up for a major fundraising drive through initial public offers (IPO s), with companies planning to hit the markets with issues worth nearly ₹25,000 crore in the coming months. Among the firms awaiting Securities and Exchange Board of India (SEBI) approval are Emmvee Photovoltaic and Juniper Green Energy, each looking to raise ₹3,000 crore, along with Prozeal Green Energy, which has filed for a ₹700 crore IPO. Regreen-Excel EPC India, an ethanol plant manufacturer, has already received SEBI clearance for a ₹500 crore issue, while Saatvik Green Energy has secured approval for a ₹1,150…

Shares of Apollo Hospitals Enterprises Ltd touched a new 52-week high of ₹7,918 on the NSE, before slightly easing to trade at ₹7,917, up 0.43% from its previous close. The rally comes on the back of robust quarterly and annual earnings that have strengthened investor sentiment. Strong Quarterly Growth For the quarter ending June 2025, Apollo Hospitals reported: Impressive Annual Performance In FY25 (ending March 2025), the company posted: The Return on Equity (ROE) improved to 17.60%, while the Operating Margin strengthened to 11.30%, reflecting better efficiency. Dividend and Investor Sentiment Apollo announced a final dividend of ₹10/share (200%) for…

The Indian stock market continues its upward momentum, with the benchmark Sensex rising nearly 2,000 points in the past six trading sessions, marking its longest winning streak since April this year. On Thursday, the Sensex climbed almost 400 points (0.5%), extending its positive run. The index now stands just 5% below its all-time high of 85,978.25, recorded on September 27, 2024. The Nifty 50 also remains strong, though still 5% off its record peak of 26,277.35, achieved on the same day last year. What’s Driving the Rally? Analysts attribute the latest surge to: Outlook With improved domestic sentiment and strong…

Ola Electric Stock Performance Ola Electric Mobility Ltd. witnessed a steep decline in Thursday’s trade, with shares falling 6.5%, making it one of the top losers on the Nifty Midcap 150 index. As of 10:30 am, other notable midcap losers included Emami (-1.4%), Tube Investment (-1.28%), 360 ONE WAM (-1.21%), and J.K. Cement (-1.21%). Ola Electric Financials – Quarterly Trends The company’s consolidated quarterly performance highlights persistent losses: QuarterRevenue (₹ Cr)Net Profit (₹ Cr)EPS (₹)Jun 20241,644-347-0.95Sep 20241,214-495-1.20Dec 20241,045-564-1.28Mar 2025611-870-1.97Jun 2025828-428-0.97 Ola Electric Annual Financials YearRevenue (₹ Cr)Net Profit (₹ Cr)EPS (₹)BVPS (₹)ROE (%)Debt to Equity2022373-784-2.239.50-42.210.4020232,630-1,472-3.912.80-269.243.0120245,009-1,584-4.35-4.880.00-2.5020254,514-2,276-5.4811.66-44.250.59 Key Highlights: Ola Electric Income…