Saatvik Green Energy has acquired an 80 per cent equity stake in Melcon Transformers and Electricals Private Limited through a share purchase agreement. Melcon manufactures a range of transformers for transmission and distribution applications, including […]
EIE Renewables Private Limited has signed a share purchase and options agreement to acquire PRA Bihar BESS Private Limited, a special purpose vehicle (SPV) set up for a 37.5 MW/150 MWh BESS project in Bihar. […]
Battery Smart has secured $15 million in debt funding from Mirova, an affiliate of Natixis Investment Managers focused on sustainable investing. The funding will support the expansion of battery smart’s battery-as-a-service (BaaS) infrastructure and strengthen […]
Bagmane Prime Office REIT, a Bengaluru-based commercial office REIT comprising business parks, has fixed a price band of Rs 95-Rs 100 per unit for its Rs 34.05 billion IPO, which opens on May 5. The […]
Alternative asset manager 360 ONE Asset, through its real assets funds, has acquired a 13 per cent equity stake in Ecoworld, a Grade-A office campus owned by Brookfield India Real Estate Investment Trust (REIT), through […]
The initial public offer of Citius TransNet Investment Trust InvIT IPO received bids for 61,43,59,800 units as against the 6,13,88,860 units on offer. The issue was subscribed 10.01 times. The “other investors” category, which includes […]
NDR InvIT, India’s first perpetual warehousing and industrial parks infrastructure investment trust (InvIT) listed on the National Stock Exchange, has announced a preferential issue to raise up to Rs 7.26 billion. The proceeds from the […]
Infra.Market is set to raise around Rs 5 billion in a fresh pre-initial public offering (IPO) funding round at a post-money valuation of about Rs 250 billion. The Series H round, which is expected to […]
The Gurugram Metropolitan Development Authority (GMDA) has proposed significant expenditure on water infrastructure in the budget for 2026-27. The civic body has proposed spending Rs 1.66 billion on the 100 mld capacity water treatment plant […]
Bharat Coking Coal Limited (BCCL) has introduced a performance incentive relaxation and cash discount scheme for eligible power sector consumers for the first quarter of 2026-27. The scheme will be applicable during April-June 2026 to […]
EMS Limited has received an LoA worth approximately Rs 1.44 billion for the implementation of the Durgakund, Nariyan, Sarainandan, Jolha Northan and Bhelupur (5 of 18 problematic wards) Sewer Network Project Package 4 under AMRUT […]
The Brihanmumbai Municipal Corporation has received the CRZ clearance for the Manori desalination plant project from the Expert Appraisal Committee of the MoEFCC. The scope of work includes the construction of a seawater reverse osmosis […]
Reform-linked MoUs have been signed between the central government and the state governments of Mizoram, Uttarakhand, Karnataka, Tripura and Ladakh under the Jal Jeevan Mission 2.0. The MoUs mandate a gram panchayat-led, service-based model of […]
Texmaco Rail and Engineering Limited received an LoA worth Rs 1.3 billion for Package KBT-01 under the Kochi Metro Rail Phase II Project on May 8, 2026. Bids for the same were invited by Kochi […]
Bhubaneswar Smart City Limited (BSCL) has decided to lease out its 480 km of unused optical fibre network to telecom and internet service providers. The aim is to generate a steady revenue stream for the […]
Vodafone Idea Limited (Vi) has launched 5G services in Panipat, Ambala, Goa, Hyderabad and Puducherry. To cater to the cities’ rising data demand, Vi has undertaken targeted network augmentation and deployed 5G infrastructure across business […]
According to data released by TRAI, India’s telecom sector recorded a monthly growth rate of 0.7 per cent in March 2026. The wireless segment continued to drive growth, contributing 9.02 million new subscribers, while wireline […]
On February 26, 2026, Ceigall India Limited received the completion certificate (CC) for Package VII of the Delhi-Katra six/eight-lane expressway project. The project involved the construction of a four-lane 36.87 km long greenfield stretch of […]
The central government sanctioned funds worth Rs 4,989.7 million for the construction of three road projects in Odisha on May 7, 2026. The Jaleswar-Batagram-Chandaneswar road Improvement Project (SH-57) involves the improvement of the Jaleswar-Batagram-Chandaneswar road […]
Siemens Mobility has despatched the first D9 electric freight locomotive of 9,000 horsepower (hp) capacity to IR for commercial operations. The project is delivered under a life cycle partnership model, which involves design, manufacturing, commissioning […]
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