The union minister of Electronics and Information Technology has approved the establishment of the ‘NaMo Semiconductor Laboratory’ at IIT Bhubaneswar. The project, estimated to cost Rs 49.5 million, will be funded under the Members of […]
Rays Power Infra has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise up to Rs 11.5 billion through an initial public offering (IPO). The issue […]
Asian Development Bank (ADB) has approved the final tranche of loan worth Rs 26.54 billion under the Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) Project. The project involves development of 82.15 km RRTS connecting Delhi-Ghaziabad-Meerut corridor […]
Indian Railway Finance Corporation (IRFC) signed loan agreements for two loans totalling Rs 164.89 billion for large-scale thermal power expansion projects. IRFC has signed a Rs 105.6 billion loan agreement with Mahagenco (Maharashtra State Power […]
The Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.5 per cent and adopted a neutral stance, citing tariff uncertainty. Retail inflation eased to 2.07 per cent in August 2025, aided […]
The government of Tamil Nadu has approved the third phase of the Hogenakkal Combined Drinking Water Scheme. The scope of the project includes drawing water from the Cauvery River and treating about 243 million litres […]
Government regulations are being strengthened in an attempt to encourage digital payments and reduce the usage of cash at national highway (NH) toll plazas. Vehicles without a valid FASTag will be required to pay a […]
Waaree Energies Limited’s board has approved expansion plans across three of its manufacturing subsidiaries, with a total additional capital expenditure (capex) of approximately Rs 81.75 billion. The board has cleared the increase in capacity of […]
Indian Railways (IR) achieved a cumulative freight loading of 801 million tonnes (mt) during the financial year (FY) 2025-26 (till September 2025), representing a 3.2 per cent increase over the corresponding period last year. This […]
Tata Power Renewable Energy Limited (TPREL), a wholly owned subsidiary of Tata Power Limited, has signed a power purchase agreement (PPA) with Tata Power Mumbai Distribution for an 80 MW firm and dispatchable renewable energy […]
According to the union minister for Electronics and IT, the centre has received investment proposals worth Rs 1.15 trillion under the Electronic Components Manufacturing Scheme (ECMS), against an envisaged target of nearly Rs 590 billion. […]
The Union Minister of Petroleum and Natural Gas, Mr Hardeep Singh Puri, inaugurated the state-of-the-art Smart Gas Meter Manufacturing Facility of Indraprastha Gas Limited (IGL) Genesis Technologies Limited (IGTL) situated in Noida, Uttar Pradesh. Notably, […]
Indian Railways (IR) launched its first container train service with an assured transit time between Delhi and Kolkata on a pilot basis, from October 1, 2025. The bi-weekly service will connect the Inland Container Depot […]
The Ministry of Power (MoP) has issued the Electricity (Second Amendment) Rules, 2025 on rule 3 of the Electricity Rules, 2005 to clarify the eligibility criteria for captive generating plants. As per the new rules, […]
The Gujarat Metro Rail Corporation Limited (GMRC) has conducted trial runs on the Sachivalaya-Mahatma Mandir stretch under the Ahmedabad Metro Rail Phase-II Project on October 2, 2025. The stations falling under this stretch are Akshardham, Old […]
Adani Green Energy Limited (AGEL) has commissioned 408.1 MW of renewable energy capacity at Khavda, Gujarat, through its various step-down subsidiaries. With this addition, the company’s total operational renewable energy capacity has reached 16,486.1 MW.
Ashoka Buildcon has completed the acquisition of a 26 per cent stake in Jaora Nayagaon Toll Road Company Private Limited (JTCL) for Rs 1.66 billion. The transaction is in accordance with the securities purchase agreement […]
Oil India Limited (OIL) has signed a memorandum of understanding (MoU) with GAIL (India) Limited to collaborate in enhancing the natural gas value chain. As per the agreement, both firms will work together to strengthen […]
The Telecom Regulatory Authority of India (TRAI) has reportedly begun preparations to sell airwaves across nearly 10 bands in the next spectrum auction, including the upper 6 GHz band, which will go on sale for […]
Central Railway (CR) has completed locomotive trials of Kavach in the Mumbai division, with trials conducted at Somatne, Apta and Jite stations on the Panvel-Roha section. With this, CR has become the first zone to […]
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