Signature Global India Ltd. reported its Q2 FY26 performance, reflecting a slowdown in pre-sales but continued strength in collections and strategic land acquisitions. Pre-Sales Decline Amid Market Moderation During the quarter, Signature Global’s pre-sales fell 28% YoY to ₹20.1 billion, with the area sold declining 44% to 1.34…
September witnessed a sharp reversal in India’s fixed-income mutual funds, with investors pulling out ₹1.02 lakh crore, a steep jump from the modest ₹7,980 crore outflows in August, according to data from the Association of Mutual Funds in India (AMFI). Liquid and Money Market Funds Hit Hardest Liquid…
Adani Energy Solutions Ltd. reported a robust performance in Q2 FY26, highlighting strong cash flow management and operational efficiency across its power infrastructure. The company achieved a year-on-year collection efficiency of 100.59%, reflecting its consistent focus on financial discipline. Operational reliability remained high, with system availability at 99.6%,…
A subsidiary of JITF Infralogistics has secured a ₹320 crore concession agreement with Swachh Andhra Corporation to develop a 12 MW waste-to-energy project in Nellore, Andhra Pradesh. The project represents a strategic move into renewable energy and aligns with India’s growing focus on sustainable waste management and clean…
Waaree Renewable Technologies Ltd, a leading player in solar EPC solutions, posted robust financial results for Q2 FY26, driven by strong project execution and operational efficiency. Quarterly Performance Highlights Revenue: ₹774.78 crore, up 47.73% YoY from ₹524.47 crore in Q2 FY25 EBITDA: ₹157.94 crore, a 120.69% YoY increase…
Lodha Developers Ltd, one of India’s leading real estate developers, has acquired a land parcel in the Mumbai Metropolitan Region (MMR) during Q2FY26 to develop a residential project with a Gross Development Value (GDV) of ₹2,300 crore. This acquisition strengthens the company’s pipeline as it continues its expansion…
India’s aviation regulator, the Directorate General of Civil Aviation (DGCA), has ordered Air India Ltd. to reinspect the emergency power systems on its Boeing 787 aircraft after recent module replacements, according to reports from the Press Trust of India. Focus on Ram Air Turbine (RAT) Safety The DGCA…
CE Info Systems Ltd saw its share price surge following news of a potential strategic collaboration between Mappls, MapMyIndia’s mapping application, and Zoho’s Arattai chat platform. Investors are optimistic that such an integration could significantly expand Mappls’ user base and enhance engagement across digital platforms. Strategic Collaboration in…
Bharat Aluminium Company Limited (BALCO), a subsidiary of Vedanta Aluminium, has successfully produced its first metal from India’s largest 525 kilo Ampere (kA) smelter, marking a significant milestone in the company’s one million tonne per annum expansion project. Technological Advancement in Smelting The new 525 kA smelter exceeds…
Brightcom Group Limited has announced major strategic initiatives, including entering the defence and aerospace sector, centralising subsidiary fund management, and withdrawing previously planned fundraising resolutions, as part of a broader organisational restructuring. New Defence Subsidiary: Brightcom Defence Pvt Ltd The company’s board approved the creation of Brightcom Defence…