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 […]
Rays Power Infra has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise up to Rs 11.5 billion through an initial public offering (IPO). The issue […]
Asian Development Bank (ADB) has approved the final tranche of loan worth Rs 26.54 billion under the Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) Project. The project involves development of 82.15 km RRTS connecting Delhi-Ghaziabad-Meerut corridor […]
Indian Railway Finance Corporation (IRFC) signed loan agreements for two loans totalling Rs 164.89 billion for large-scale thermal power expansion projects. IRFC has signed a Rs 105.6 billion loan agreement with Mahagenco (Maharashtra State Power […]
The Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.5 per cent and adopted a neutral stance, citing tariff uncertainty. Retail inflation eased to 2.07 per cent in August 2025, aided […]
Waaree Power Private Limited, a wholly owned subsidiary of Waaree Energies Limited, has approved the acquisition of a 76 per cent equity stake in Racemosa Energy (India) Private Limited. The investment is subject to the […]
Alpex Solar Limited has secured approximately Rs 2.6 billion through a preferential issue of 21,46,600 equity shares and warrants. The funds will be used to scale up the company’s module manufacturing capacity. The preferential issue […]
Pace Digitek has raised Rs 2.45 billion from anchor investors ahead of its IPO. The anchor book comprised 11.2 million equity shares at Rs 219 per share. Key investors include: Compact Structure (15.09 per cent), […]
KPI Green Energy Limited has received a sanction of Rs 32 billion from the State Bank of India. The financing will be utilised to partly fund the company’s solar and hybrid independent power producer projects […]
The Competition Commission of India (CCI) has sanctioned PNC Infratech Limited’s strategic acquisition of Jaiprakash Associates Limited (JAL), signalling a significant move in the infrastructure sector. This approval paves the way for a potential reshaping […]
Pace Digitek, a Bengaluru-based telecom solutions provider, has reportedly received approval from the Securities and Exchange Board of India (SEBI) to raise up to Rs 9 billion through an initial public offering (IPO) this year. […]
The Indian Renewable Energy Development Agency (IREDA) has raised Rs 4.53 billion through its second issue of perpetual bonds at a rate of 7.70 per cent per annum. The issue received bids worth Rs 13.43 […]
Acme Solar Holdings has executed a share purchase agreement (SPA) to completely acquire equity shares of AK Renewable Infra. The transaction has an enterprise value of Rs 792.5 million. Furthermore, the acquisition will be finalised […]
Adani Enterprises has signed a share purchase agreement (SPA) to acquire a 100 per cent stake in DP Jain TOT Toll Roads for an enterprise value not exceeding Rs 13.42 billion. The asset has been […]
ACME Venus Urja Private Limited, a fully owned subsidiary of ACME Solar Holdings Limited, has obtained Rs 38.92 billion in project funding from the State Bank of India (SBI). The funding has been secured for […]
The Securities and Exchange Board of India (SEBI) has notified new rules reducing the minimum allotment lot in the primary market for privately placed infrastructure investment trusts (InvITs) to Rs 2.5 million. This brings the […]
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