JSW Energy Limited has completed its Rs 40 billion equity through a qualified institutional placement (QIP). The company allotted 76.19 million equity shares with a face value of Rs 10 each at an issue price […]
CMR Green Technologies Limited will open the bids for its initial public offering (IPO) of equity shares. The IPO comprises an offer for sale (OFS) of up to 32,858,323 equity shares by existing shareholders. This […]
KPI Green Energy is planning to launch an InvIT backed by renewable energy assets to raise up to $1 billion. The trust will target an initial raise of Rs 80 billion to Rs 100 billion. […]
Indian Railway Finance Corporation Limited (IRFC) has signed a loan agreement with a consortium of SBI, HDFC Bank Limited, Sumitomo Mitsui Banking Corporation, GIFT City Branch and DBS Bank Limited for raising external commercial borrowing […]
The Avaada Group has achieved debt closure of nearly $950 million for three utility-scale renewable energy projects under development in Rajasthan and Gujarat. The financing covers a firm and despatchable renewable energy (FDRE) project in […]
Sunstream Green Energy Private Limited has secured refinancing of its Rs 7 billion loan from the State Bank of India (SBI). The refinancing is for the company’s fully operational 225 MW solar portfolio. The power […]
The Uttar Pradesh government has received over Rs 162 billion for sewage infrastructure and river pollution abatement projects under the National Mission for Clean Ganga (NMCG). This allocation is about 45 per cent of the […]
The Rajasthan State Road Development and Construction Corporation (RSRDC) has approved Rs 43.98 billion of funds to be raised as loan for land acquisition for the Kotputli-Kishangarh Expressway and Beawar-Bharatpur Expressway. The Kotputli-Kishangarh Expressway project […]
The National Highways Authority of India (NHAI) has sanctioned funds worth Rs 1.6 billion for implementation of the Kochi-Munnar Two Laning Road Project (NH-85) in Kerala. The project involves widening of the 124.63 km road […]
The Agartala Municipal Corporation (AMC) has presented its budget for 2026–27, with no new taxes proposed. The corporation expects total receipts of Rs 9.74 billion against an expenditure of Rs 9.75 billion, resulting in a […]
The Securities and Exchange Board of India (SEBI) has proposed to relax its framework for calculating net distributable cash flows (NDCF) for infrastructure investment trusts (InvITs), specifically for road sector projects, by allowing certain debt-funded […]
The Modified Ude Desh ka Aam Nagrik (UDAN) Scheme was launched on July 4, 2026. Approved in March 2026, the scheme has an outlay of Rs 288.4 billion over the next ten years. The Modified […]
The new terminal building at the Jodhpur Airport in Rajasthan was inaugurated on July 4, 2026. The terminal, developed at a cost of Rs 4.8 billion, is spread across 23,342 square metres and is designed […]
The Hindustan Petroleum Corporation Limited (HPCL) Rajasthan Refinery at Pachpadra in Balotra was inaugurated on July 4, 2026. The greenfield refinery-cum-petrochemical complex, constructed at a project cost of Rs 794.59 billion is one of the […]
The Ministry of Coal has notified the Coal Blocks Allocation (Amendment) Rules, 2026, allowing the use of insurance surety bonds in place of performance bank guarantees for coal blocks allocated under the Mines and Minerals […]
Indian Railways (IR) has achieved freight loading of 419.08 million tonnes (mt) during the financial year (FY) 2026-27 (till June 2026), as compared to 413.05 mt achieved in the corresponding period last year. Commodity-wise, it […]
ESDS Software Solution has launched a sovereign artificial intelligence (AI) cloud platform in India called Swaraj Cloud. Described as an AI autonomous sovereign cloud platform, it is hosted entirely in data centres within India, with […]
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