New Delhi, September 11, 2025: State-owned Rail Vikas Nigam Limited (RVNL) has emerged as the lowest bidder (L1) for a significant infrastructure project awarded by West Central Railway, marking another milestone in its ongoing portfolio of railway electrification and modernization projects. Project Details and Scope The contract, valued…
Integrated metal producer Shyam Metalics and Energy Ltd has announced a ₹100 crore foray into crash barrier manufacturing, marking a major diversification move to capture India’s fast-growing road safety market. The company is targeting a market share of 8–10% in FY 2025–26. Giridih Facility Goes Live The company…
In a landmark move coinciding with its 50th anniversary, Tega Industries Ltd, in partnership with funds managed by Apollo Global Management, has signed a term sheet to acquire Molycop from American Industrial Partners (AIP) for an enterprise value of approximately $1.5 billion. This strategic acquisition is set to…
Keystone Realtors Ltd. on 10 September 2025, said its board has approved raising up to ₹375 crore through the issuance of fully paid-up, senior, secured, redeemable, listed and rated non-convertible debentures (NCDs). The instruments, each with a face value of ₹1 lakh, will be issued on a private…
Highway Infrastructure Limited (HIL), a fast-growing player in the tolling and road management sector, has bagged a major contract worth ₹189.7 crore from the National Highways Authority of India (NHAI). The deal covers toll plaza operations, fee collection, and facility management on the Delhi-Vadodara Greenfield Expressway spur to…
Muthoot Finance Ltd., India’s largest pureplay gold loan non-banking finance company (NBFC), has completed a fresh equity infusion of ₹200 crore into its wholly owned housing finance subsidiary Muthoot Homefin (India) Ltd. Capital Infusion Details According to the company’s exchange filing, Muthoot Homefin has allotted 2.67 crore equity…
Mumbai, September 11, 2025: In a strategic move aimed at consolidating its presence in the paints and coatings industry, Astral Limited has announced the acquisition of the remaining 20% stake in its subsidiary, Astral Coatings Private Limited, for Rs. 75 crore. With this transaction, Astral Coatings becomes a…
Torrent Pharmaceuticals Ltd., one of India’s leading pharma majors, has announced plans to acquire a 26% equity stake in its group entity Torrent Urja 27 Pvt. Ltd., which is setting up a captive hybrid renewable power project in Gujarat. The investment underscores the company’s focus on sustainable energy…
Rajoo Engineers Limited, a leading name in the machinery manufacturing space, has entered into a Definitive Agreement to acquire an undisclosed entity in the sector. The move underscores the company’s ambition to expand its market footprint and enhance its ability to deliver comprehensive, end-to-end solutions. The transaction, structured…
Defence and commercial explosives manufacturer Premier Explosives Ltd. has announced that it has received an order worth ₹7.83 crore from the Ministry of Defence (MoD) for the supply of Counter Measures. According to the company’s exchange filing, the project has an estimated completion timeline of 12 months. This…