Under Union Budget 2026-27, the MoCA has been allocated Rs 21.03 billion, comprising Rs 20.58 billion in revenue expenditure and Rs 0.45 billion in capital expenditure. This allocation is about 12.4 per cent lower than […]
Inox Clean Energy Limited has acquired around 300 MWp of operational solar power assets from SunSource Energy Private Limited through its renewables IPP arm, Inox Neo Energies Limited. Of the total portfolio, around 250 MWp […]
Premji Invest, a private equity firm, has acquired a 2.61 per cent stake in the National Highways Infra Trust for Rs 7.54 billion through an open market transaction. The deal involved the purchase of 50.6 […]
Capital Infra Trust has entered into an share purchase agreement (SPA) to acquire three road assets from Gawar Construction Limited for Rs 4.39 billion. Under the transaction, Capital Infra Trust will acquire a 100 per […]
RoadGrid has raised Rs 120 million in a pre-Series A funding from Inflection Point Ventures, with participation from several strategic and angel investors. The investor group included Venture Catalysts, FAAD Network, LetsVenture, Kamal Puri of […]
Inox Clean Energy Limited, along with its subsidiary Inox Solar Limited, has tied up Rs 31 billion in equity at a pre-money valuation of around Rs 500 billion. The equity round saw participation from marquee […]
Adani Enterprises Limited (AEL) has raised Rs 10 billion through NCDs. The issue achieved a significant milestone by being fully subscribed within 45 minutes. It comprised a base issue of Rs 5 billion with a […]
Reportedly, Oriana Power Limited’s board of directors has approved the issuance and allotment of NCDs worth Rs 750 million. The company will issue 7,500 debentures under the offering, each with a face value of Rs […]
The board of directors of Steel Exchange India has approved the raising of up to Rs 7 billion through a qualified institutional placement (QIP). The funds will be raised through the issuance of equity shares […]
Bagmane Prime Office REIT has filed a DRHP with SEBI to raise Rs 40 billion through an IPO. The IPO will comprise a fresh issue of Rs 30 billion and an OFS of Rs 10 […]
Horizon Industrial Parks, a logistics platform backed by Blackstone, has filed a draft red herring prospectus (DRHP) with SEBI to raise Rs 26 billion through an initial public offering (IPO). The issue entirely comprises a […]
Power Finance Corporation Limited (PFC) has filed a prospectus to raise up to Rs 50 billion through the first tranche of a public issue of secured non-convertible debentures (NCDs). The tranche has a base issue […]
The board of Adani Enterprises has approved the issuance of non-convertible debentures (NCDs) aggregating Rs 10 billion. The issue will comprise a base size of Rs 5 billion with a green shoe option of an […]
India’s first maritime-focused non-banking financial company (NBFC), Sagarmala Finance Corporation Limited (SMFCL) has commenced lending operations. SMFCL approved loan sanctions of about Rs 43 billion, with a target to build a Rs 80 billion loan […]
MoRTH has approved funds worth Rs 22,030 million for the implementation of the Jhunjhunu-Chirawa-Haryana Four Laning Road Project (Package I). The project involves the four-laning of the 78 km Jhunjhunu-Chirawa-Haryana road stretch from km 57 […]
The Maharashtra government has released equity worth Rs 1 billion for the Nagpur Metro Rail Project Phase II and the Swargate-Katraj Metro Project. Of this, Rs 0.4 billion is for Swargate-Katraj, while the remaining Rs […]
MoRTH has approved funds worth Rs 3,925.2 million for the implementation of the Dugadda-Gumkhal Two Laning Road Project (NH-534). The project involves the two-laning of the 18.1 km Dugadda-Gumkhal stretch of NH-534 with paved shoulders, […]
The Visakhapatnam Metropolitan Region Development Authority (VMRDA) has approved funds worth Rs 48.4 million for the preparation of a detailed project report (DPR) for the Bhogapuram-Rambilli Four/Six/Eight-Lane Greenfield Access Controlled Semi Ring Road Project. It […]
Phase I of Cochin International Airport Limited (CIAL) Aero Park was inaugurated on February 9, 2026. Spread across 36 acres, the Aero Park is envisioned as a centre of excellence for aviation maintenance, training and […]
The Union Government inaugurated two stretches under the Delhi Metro Project Phase IV on March 8, 2026. The stretches are: The 12.3 km Majlis Park – Maujpur Babarpur stretch. It has stations at Majlis Park, Burari, […]
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