The contract covers 583 wagons including SUV carriers, container flats, and bulk commodity units Jupiter Wagons Limited (JWL), a provider of comprehensive mobility solutions encompassing rail, road, and marine transportation, has bagged an order worth […]
Adani Infrastructure (Adani Infra) has completed the acquisition of a 34.41 per cent stake in PSP Projects. Post the acquisition, Adani Infra has become the promoter of the company. Adani Infra acquired a 23.09 per […]
JSW Cement is set to launch its initial public offering (IPO) to raise Rs 36 billion. The IPO comprises a fresh issue of 108.8 million equity shares aggregating to Rs 16 billion and an offer […]
Bangalore International Airport Limited (BIAL) has raised Rs 90 billion through India’s largest unlisted private placement of non-convertible debentures (NCDs) in the airports sector. The deal is being executed in two tranches, with Rs 43.62 […]
GreenCell Mobility and its subsidiary, GreenCell Express, are raising Rs 8.74 billion ($100 million) from the International Finance Corporation (IFC) through non-convertible debentures (NCDs). The funding will be undertaken through two separate investments. Under the […]
The Reserve Bank of India (RBI) has issued the Non-Fund Based Credit Facilities Directions, 2025. Under the new guidelines regulated entities (REs), including banks, All India Financial Institutions (AIFIs), alternative investment funds (AIFs), non-banking financial […]
Indian Railways (IR) has amended its land monetisation policy, issued in 2022, to allow the setting up of sorting, grading, packaging and labelling units on its vacant land. This move is expected to boost the […]
The centre has inaugurated the RV Road (Ragigudda) to Bommasandra stretch (yellow line) under Bangalore Metro Phase II project on August 10, 2025. The project spanning around 19 km, comprising 16 stations was built at […]
The Ministry of Heavy Industries (MoHI) has announced an amendment to the Prime Minister Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme. The scheme with an outlay of Rs 10.9 billion has been […]
The Ministry of New and Renewable Energy (MNRE) has issued amendments to the guidelines for the enlistment of solar photovoltaic (PV) modules in the Approved List of Models and Manufacturers (ALMM). MNRE has updated the […]
Indian Oil’s Panipat refinery has become India’s first facility certified to produce sustainable aviation fuel (SAF), through the conversion of used cooking oil into jet-grade fuel. The Swiss-based Cotecna Inspection Group, through its Indian arm […]
Indian Railways (IR) is planning to establish an integrated coaching depot (ICD) at Ranavav in Porbandar, Gujarat, under the Bhavnagar railway division of the Western Railway (WR), with an estimated investment of Rs 1.35 billion. […]
The centre has set a goal to accelerate the pace of highway construction to 100 km/day from 38 km/day at present. So far in 2025-26, the Ministry of Road Transport and Highways (MoRTH) has awarded […]
Oil and Natural Gas Corporation Limited (ONGC) has signed an MoU with BP India for drilling of stratigraphic wells in offshore sedimentary basins of Andaman, Mahanadi, Saurashtra and Bengal. ONGC will fund the initiative while […]
Cube Mobility Investments has divested a 3.62 per cent stake in Cube Highways Trust for Rs 6.15 billion through an open market transaction. Cube Mobility divested 28.1 million units on the Bombay Stock Exchange and […]
The Blackstone Group has acquired South City Mall in Kolkata for Rs 32.5 billion from South City Projects. South City is one of the largest malls in eastern India, spanning over 1 million sq. ft. […]
AM Green Power, a wholly owned subsidiary of AM Green, BV has signed an agreement to acquire a 17.5 per cent equity stake in Greenko Energy Holdings. The stake will be acquired from Japanese financial […]
JSW Paints has signed a definitive agreement to acquire a 74.76 per cent stake in Akzo Nobel India Limited for Rs 89.86 billion. The deal value is subject to some closing adjustments. The transaction is […]
Kaynes Technology, a semiconductor and electronics system manufacturing company, launched its qualified institutional placement (QIP) to raise up to Rs 16 billion. The floor price of the issue was Rs 5,625.75 per equity share. The […]
State Bank of India has sought senior creditor status in the National Highways Authority of India (NHAI) Infrastructure Investment Trust (InvIT). This is to gain early rights to secure repayment in case the InvIT defaults […]
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