GREW Solar has raised Rs 3 billion to fund product development and expansion after securing capital from a diverse set of investors. The investors also included high net-worth individuals. The company plans to use the […]
NHAI has appointed advisers for a Rs 100 billion public InvIT IPO. SBI Capital Markets has been appointed as the lead financial adviser for the proposed IPO, while JSA has been appointed as a legal […]
Emmvee Photovoltaic Power Limited has received approval from SEBI to move forward with its plan for an IPO. In July 2025, the company filed its preliminary papers with SEBI, outlining plans to raise Rs 30 […]
Shivalaya Construction has filed a DRHP with SEBI for an IPO. The IPO comprises a fresh issuance of Rs 4.5 billion and an OFS component up to 24,861,900 equity shares. The proceeds from the issue […]
Ravi Infrabuild Projects, an engineering, procurement and construction company, has received SEBI’s approval to raise Rs 11 billion through an IPO. The IPO comprises only a fresh issue of Rs 11 billion and zero OFS […]
Over Rs 100 billion worth of insurance surety bonds (ISBs) have been issued by insurance companies for contracts with the National Highways Authority of India (NHAI). For NHAI contracts, 12 insurance companies have given about […]
PFC has signed a loan agreement worth Rs 32 billion with the Japan Bank for International Cooperation (JBIC) to finance a bamboo-based bioethanol and chemicals project in Assam. The loan was signed under JBIC’s Global […]
H.G. Narol Sarkhej Highway Private Limited, a wholly owned subsidiary of H.G. Infra Engineering Limited, achieved financial closure for the implementation of the Narol Junction-Sarkhej Junction Six Lane Road Upgradation, Elevated Corridor Project (NH-47). The […]
The Karnataka government has approved funds worth Rs 97 billion for the construction of double-decker flyovers under the Bengaluru Metro Rail Project Phase III. The Bengaluru Metro Rail Project Phase III will be developed at […]
The Gujarat government has allocated funds worth Rs 26.09 billion for the upgradation work of rural roads. The projects involve the upgradation of a total of 1,258 roads covering 4,196 km. In north Gujarat, it […]
The union cabinet has approved a Rs 15 billion incentive scheme to promote critical mineral recycling in the country. As part of the National Critical Mineral Mission, the scheme aims to develop recycling capacity in […]
The central government is planning to set up a Rs 200 billion risk guarantee fund for the infrastructure sector. The proposed fund will cover losses arising from policy uncertainty and other non-commercial risks. It is […]
The Goods and Services Tax Council has restructured rates to increase coal levy and reduce taxes on renewables. Coal, lignite and peat will now be taxed at 18 per cent, up from 5 per cent […]
About 14.8 per cent of the work has been completed under the canal-based water supply project under the Ludhiana Surface Water Supply Scheme in Ludhiana, Punjab. Around 20 km of water supply pipelines have been […]
The Maharashtra cabinet has approved a loan worth Rs 20 billion for the implementation of multiple projects in the Chhatrapati Sambhajinagar Municipal Corporation (CSMC), Nagpur Metropolitan Region Development Authority (NMRDA) and Mira-Bhayandar Municipal Corporation (MBMC) […]
The Kerala cabinet has granted approval to the Kerala Water Authority (KWA) to receive financial assistance from the National Bank for Agriculture and Rural Development (NABARD). An in-principle loan of Rs 88.63 billion has been […]
The Rajasthan government has approved amendments to the Sewerage and Wastewater Policy, 2016. The intervention intends to mitigate the environmental and public health hazards caused by untreated wastewater. Reportedly, the revised policy aims to construct […]
India’s first full-scale end-to-end outsourced semiconductor assembly and test (OSAT) pilot line facility of CG Power and Industrial Solutions Limited has been launched at Sanand, Gujarat. In his remarks at the inauguration, the union minister […]
The Government of India has sanctioned 23 chip-design projects under the design-linked incentive (DLI) scheme. These projects, led by domestic start-ups and micro, small and medium enterprises, are receiving support to develop indigenous chips and […]
Tata Communications has partnered with Cisco to accelerate internet of things (IoT) deployments and streamline electronic-SIM (eSIM) management across enterprises. Under the collaboration, Tata Communications will combine its “MOVE” eSIM orchestration platform with Cisco’s “IoT […]
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