India’s mining equipment industry is moving beyond cyclical demand fluctuations towards a more policy-anchored and production-linked growth model. Supported by aggressive coal and mineral output targets, sustained infrastructure spending and a calibrated push for indigenisation, […]
Adani Defence Systems and Technologies Limited (ADSTL) completed the acquisition of a 14.2 per cent effective shareholding in Air Works India (Engineering) Private Limited on March 11, 2026. The transaction was carried out in accordance […]
Premier Energies has acquired 104,550 equity shares of HeliosAnthos Energies, a joint venture between Premier Energies and BA Prerna Renewables, securing a 51 per cent stake in the company’s paid-up equity share capital. The shares […]
Torrent Power Limited has entered into a definitive agreement with L&T Power Development Limited, a wholly owned subsidiary of Larsen & Toubro Limited, to acquire 100 per cent equity stake and convertible instruments in Nabha […]
Reportedly, MSEDCL plans to complete the demerger of its agriculture business by April 2026, ahead of a proposed IPO targeted for December 2026. The agriculture segment will be carved out as a separate company, not […]
Saatvik Cleantech EPC Private Limited, a fully owned subsidiary of Saatvik Green Energy, has signed a share purchase agreement (SPA) to acquire a 49 per cent equity stake in Intelligent Hydel Solutions Private Limited. The […]
The CCEA has approved enhanced delegation of powers to Power Grid Corporation of India Limited (powergrid) under the Department of Public Enterprises guidelines for Maharatna central public sector enterprises. The approval increases powergrid’s permissible equity […]
CleanMax has secured Rs 9.21 billion from anchor investors ahead of its IPO, which opened on February 23, 2026. The company notified the bourses that it allotted 8,746,437 equity shares at Rs 1,053 per share […]
The Employee Provident Fund Organisation (EPFO) will join the public InvIT promoted by NHAI as a strategic investor, committing funds to acquire 16.6 per cent of the total units on offer in the maiden public […]
The Nashik Municipal Corporation (NMC) successfully listed Rs 2 billion green municipal bonds on the National Stock Exchange (NSE) on March 9, 2026. The net proceeds from the issue will be utilised to fund sustainable […]
The India Infrastructure Finance Company Limited has received the necessary approvals to proceed with its proposed IPO, with the Cabinet Committee on Economic Affairs (CCEA) clearing its listing on stock exchanges. The approval has been […]
The Multilateral Investment Guarantee Agency (MIGA), which houses the World Bank Group Guarantee Platform, has provided a $197.67 million guarantee to Citibank N.A. The five-year guarantee supports Citi’s non-shareholder loan extended to the State Bank […]
The Uttar Pradesh government has allocated funds worth Rs 5.5 billion under the state budget for 2026-27 for the Lucknow Metro Rail Project (East-West Corridor). The project involves the development of a new corridor in […]
The Kolkata Municipal Corporation (KMC) has allocated Rs 4.66 billion for water supply works in the municipal budget for 2026-27. Further, the KMC is augmenting the capacity of the water treatment plant (WTP) in Dhapa, […]
The government’s asset monetisation initiative under the National Monetisation Pipeline (NMP) 2.0, launched by the centre, is expected to increase India’s GDP by approximately Rs 40 trillion over the next 5-10 years. The government plans […]
Rising demand for air travel and the need for better air connectivity have driven advancements in India’s airport infrastructure. The development of greenfield airports and expansion works at existing ones have notably enhanced passenger handling […]
Airports in India have evolved from mere points of transit to mega structures that integrate seamless operations, enhanced efficiency and a holistic passenger experience. Enhanced construction processes and the integration of technology in various stages […]
The Indian air cargo market is poised for strong and sustained growth, driven by rising demand across key sectors such as e-commerce, pharmaceuticals, electronics and high-value manufacturing. The total cargo volume handled at airports stands […]
The Ministry of Road Transport and Highways (MoRTH) has revised the construction timelines for national highways (NH) to better accommodate challenges like rough terrain and engineering complexity. Under the new framework, projects costing over Rs […]
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