Vikran Engineering Limited has announced the receipt of a major engineering, procurement and construction (EPC) contract valued at ₹2,035.26 crore from Onix Renewables Limited for the development of a 600 MW AC solar power project. Project Scope and Execution The order involves end-to-end turnkey EPC services, including design,…
Adani Ports and Special Economic Zone Ltd (APSEZ) has completed the acquisition of Australia’s North Queensland Export Terminal (NQXT), marking a key milestone in its overseas expansion strategy. Following the closure of the transaction, the company has revised its FY26 cargo volume and earnings guidance upward, reflecting the…
The Indian Space Research Organisation (ISRO) successfully launched the LVM3-M6 mission on December 24, deploying the BlueBird Block-2 communication satellite of US-based AST SpaceMobile. The launch marks a significant milestone for India’s commercial space programme. The LVM3 launch vehicle lifted off from the Satish Dhawan Space Centre (SDSC),…
Park Medi World Limited has completed the acquisition of Febris Multi-speciality Hospital in Narela, New Delhi, through its wholly owned subsidiary Blue Heavens Healthcare Private Limited. The transaction, valued at ₹50.68 crore, was concluded on December 23, 2025, following approval from the National Company Law Tribunal (NCLT), New…
State-owned GAIL (India) Limited has entered into a memorandum of understanding (MoU) with the Government of Chhattisgarh to evaluate the development of a new gas-based fertiliser manufacturing facility in the state. Scope of the Proposed Project Under the MoU, GAIL will undertake detailed techno-economic feasibility studies for setting…
Vikran Engineering: Secures ₹2,035 crore EPC order from Onix Renewables for solar power project development. GAIL: Signs MoU with the Chhattisgarh government to explore a gas-based fertiliser project; to conduct feasibility studies for a 12.7 lakh MT urea plant. ITC: Clarifies it has not raised cigarette MRPs,…
December 24, 2025
Market View 24th December, 2025
View on market: Volatility persists, eagerly searching for growth: Global markets showed mixed signals during Asian hours. US and European index futures were slightly lower, pointing to a cautious start, even as Asian equities opened higher. The positive mood in Asia followed a strong rally on Wall Street,…
IMP Powers Limited has concluded its postal ballot process, with shareholders approving all six special resolutions by a majority of 99.20%. The company announced the outcome following the submission of the scrutinizer’s report on the voting results. Resolutions Passed The postal ballot covered six items of business requiring…
Yogakshem Sansthan, a promoter group entity of Patanjali Foods Limited, has donated 60 lakh equity shares of the company, resulting in a reduction in its shareholding. The transaction was executed on December 19, 2025, and was disclosed through a regulatory filing dated December 23, 2025. Change in Shareholding…
Salem Erode Investments Limited has approved the issuance of unlisted secured redeemable non-convertible debentures (NCDs) aggregating ₹13 crore through a private placement. The approval was granted at a meeting of the Board of Directors held on December 23, 2025, which took place between 11:00 A.M. and 12:00 P.M.…