Blog

Kotak Mahindra Bank has announced a major stock split to mark its 40th Foundation Day, with the Board approving the sub-division of its equity shares to make them more affordable and enhance market liquidity. The decision, taken at a board meeting in Mumbai, will see each existing equity share of face value ₹5 split into five shares of face value ₹1 each, subject to regulatory and statutory clearances. Part-time Chairman C S Rajan said the milestone reflects Kotak’s long-term commitment to shareholder value. “To encourage wider investor participation by making the Bank’s equity shares more affordable and liquid, the Board…

Gold prices surged over 1% in early MCX trades on Tuesday (November 25), supported by expectations of a US Federal Reserve rate cut in December and strong domestic demand during the wedding season. Around 9:15 am, MCX Gold December futures were up 1% at ₹1,25,106 per 10 grams, while MCX Silver December futures rose 1.34% to ₹1,56,551 per kg. Globally, gold gained nearly 2% in the previous session as hopes for lower US interest rates boosted appetite for safe-haven assets. Reuters cited New York Fed President John Williams, who indicated that a rate cut may come soon, arguing it would…

Midea, the world’s No.1* smart home appliances brand, has officially expanded its footprint in Mizoram, marking a major step in strengthening its presence across India’s North-Eastern region. The company announced on 24 November that consumers in the state will now have access to its complete range of home appliances, including refrigerators, washing machines, microwave ovens and major domestic appliances. The brand said the expansion is aimed at making high-quality, energy-efficient and smart products more accessible by building a strong dealer network along with dedicated after-sales service support. It also reflects Midea’s strategy of combining global innovation with local insights to…

GE Aerospace has announced a USD 14 million investment to expand its Pune manufacturing facility, coinciding with the site’s tenth anniversary. The move follows last year’s USD 30 million expansion and aims to enhance the plant’s capabilities in advanced engine components through upgraded manufacturing processes and automation. “Our Pune team has delivered components for some of our most advanced commercial jet engines with safety and quality at the forefront,” said Vishwajit Singh, Managing Director of GE Aerospace Pune. “This investment underscores our commitment to the Make in India initiative and advancing India’s role in global aerospace manufacturing.” Since its inception,…

Bajaj Life Insurance has extended its support to the Government of India’s national campaign, “Aapki Punji, Aapka Adhikar,” aimed at helping citizens identify and recover unclaimed financial assets across Tripura. The three-month initiative, running from October to December 2025, brings together banks, insurers, regulators, and state administrations to ensure dormant financial assets are returned to rightful owners. As part of the campaign, Bajaj Life coordinated with the State Level Bankers’ Committee (SLBC), State Level Insurance Committee (SLIC), and district administrations to strengthen outreach. The company deployed citizen help-desks and participated in camps across West Tripura, North Tripura, and South Tripura,…