JSW Paints has signed a definitive agreement to acquire a 74.76 per cent stake in Akzo Nobel India Limited (ANIL) for Rs 89.86 billion. The deal value is subject to some closing adjustments. The transaction […]
Hindalco Industries Limited has acquired a 100 per cent stake in AluChem Companies, a US-based manufacturer of specialty alumina, for an enterprise value of Rs 10.73 billion ($125 million). The acquisition will be undertaken by […]
Rayzon Solar, a manufacturer of solar photovoltaic modules, has filed its draft red herring prospectus (DRHP) with the regulator to raise Rs 15 billion through an initial public offering (IPO). The IPO will consist entirely […]
Highways Infrastructure Trust has rebranded itself as Vertis Infrastructure Trust. The change has taken place effective June 18, 2025. The InvIT’s portfolio has grown from six assets to currently, 27 operational assets since its listing […]
Tunnel boring machine (TBM) DZ1090 has achieved a second breakthrough at Patna Medical College and Hospital (PMCH) station for package PC-03 under Patna Metro Rail Project Phase I. It was commissioned at Patna University station […]
The central government has opted not to continue with the widely used toll-operate-transfer (TOT) monetisation system. Following centre’s request to the National Highways Authority of India (NHAI) a thorough review of all TOT bundles awarded […]
The Central Electricity Regulatory Commission (CERC) has notified the CERC (Sharing of Inter-State Transmission Charges and Losses) (Fourth Amendment) Regulations, 2025, introducing key changes to the principal 2020 regulations to align with evolving grid and […]
A new function on the National Highways Authority of India’s (NHAI) Rajmargyatra smartphone application will assist drivers in determining which highway route between any two locations has the lowest toll costs. For frequent highway users, […]
NTPC Limited has commenced operations of Unit #3 (660 MW) of the Barh super thermal power project (TPP), stage-I (3×660 MW) in Bihar. With the commissioning of this unit, the total installed and commercial capacity […]
The Karnataka Transport Department will soon install AI-based surveillance cameras on major highways in the state, beginning with seven strategic places in and around Bengaluru, as part of a significant effort to decrease traffic violations […]
In a significant operational achievement for the current fiscal year 2025-26, V.O. Chidambaranar Port has surpassed the 10 million tonnes mark in total cargo handled. The overall cargo handled increased by 1.55 per cent compared to FY 2024-25. […]
According to the Department of Telecommunications (DoT), only 21 out of 42 manufacturers eligible under the telecom production-linked incentive (PLI) scheme have received incentive pay-outs, as of March 31, 2025. The DoT disclosed that the […]
On June 26, 2025, the Union Minister of Ports, Shipping and Waterways inaugurated the Sagarmala Finance Corporation Limited (SMFCL). Formerly known as Sagarmala Development Company Limited, SMFCL is India’s first non-banking financial company (NBFC) in the […]
On June 26, 2025, the Union Minister of Ports, Shipping and Waterways launched various digital initiatives to boost efficiency and productivity in the maritime sector. These initiatives include: Launch of Sagar Setu platform: It integrates […]
Tunnel boring machine (TBM) S64B achieved its breakthrough of a 1.55 km long tunnel at Vasant Kunj station for package DC-08 under the Delhi Metro Project Phase IV on June 25, 2025. It was commissioned at […]
Banaras Locomotive Works (BLW) of Indian Railways (IR) exported two 3,300 horsepower (hp) cape gauge diesel-electric locomotives to Mozambique in June 2025. These locomotives can attain a maximum speed of 100 km per hour (kmph) […]
The Ministry of Environment, Forest and Climate Change (MoEFCC) has issued a draft notification for the Greenhouse Gas Emission Intensity (GEI) Rules, 2025, under the compliance mechanism of the carbon credit trading scheme, 2023. The […]
EMS Limited has won a contract for an amount worth Rs 7,819.8 million for implementation of the River Adi Ganga Pollution Abatement Project in Kolkata. Bids for the same were invited by Kolkata Municipal Corporation […]
Enviro Infra Engineers has won contracts worth Rs 3,063 million for implementation of three sewerage master plan packages in Chhattisgarh. The scope of the project includes: Korba: The scope of work includes construction, testing, commissioning […]
The construction work for the Kazipet rail manufacturing unit in Telangana is likely to be completed by January 2026. The facility will produce new generation mainline electric multiple unit (MEMU) trains with 16-20 coaches, and […]
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