Indian Renewable Energy Development Raises ₹453 Crore via Bonds The company has mobilised ₹453 crore by issuing perpetual bonds at a coupon rate of 7.70% per annum, strengthening its capital base and supporting its financing requirements. NIIT Learning Systems Recognised Among Global Leaders Training Industry, Inc. has named…
View on market: Volatility persists, eagerly searching for growth: Asian stock markets rose on Thursday, following gains in U.S. shares. MSCI’s Asia index increased for the seventh straight day and moved close to a record high. The rally came from hopes that the U.S. Federal Reserve may cut…
Mumbai, September 11, 2025: Mercury EV-Tech has a MUSHAKchieved a significant milestone with permanent regulatory approval to manufacture its EV, a 4-wheeled battery-operated goods carrier designed under the N1 vehicle category. The approval enables the company to produce a durable, locally made electric vehicle tailored to commercial transportation needs, while…
The Enforcement Directorate (ED) has made a significant breakthrough in the multi-crore DHFL loan fraud case, attaching 154 flats and receivables from 20 additional units in Mumbai’s Kurla locality. The accused, Kapil and Dheeraj Wadhawan, are alleged to have siphoned funds through bogus loans and shell companies, defrauding…
Mumbai, September 11, 2025: Jupiter Wagons Limited, through its subsidiary Jupiter Tatravagonka Railwheel Factory Private Limited, has secured a significant order from the Ministry of Railways, Railway Board. The Letter of Acceptance (LOA) was received on September 9, 2025, for the supply of 9,000 LHB axles for FIAT-IR…
ACME Solar Holdings’ wholly-owned subsidiary, ACME Venus Urja Private Limited, has secured long-term project financing of ₹3,892 crore from the State Bank of India (SBI). This marks ACME’s largest funding arrangement with SBI and is the bank’s first investment in ACME’s Firm and Dispatchable Renewable Energy (FDRE) projects.…
63 Moons Technologies Ltd on 10 September 2025, announced that its subsidiary 63SATS Cybertech Ltd has raised ₹180 crore through a private placement of 18 crore equity shares. Each share carries a face value of ₹1 and was issued at a premium of ₹9 per share, the company…
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…