TPG Capital LP and Warburg Pincus are in early-stage discussions to acquire a stake in Sirion Labs Pvt, a company specialising in contract management software for businesses. Reports indicate that the potential transaction could involve a majority stake valued at over $500 million, with the possibility of additional…
Oyo Assets, the property acquisition arm of OYO’s parent company Prism, has raised ₹125 crore from a mix of institutional and private investors, with InCred leading the funding round. The capital infusion is aimed at accelerating hotel acquisitions and expanding the company’s footprint across India’s hospitality sector. Purpose…
HG Infra Engineering, in partnership with Kalpataru Projects International, has emerged as the lowest bidder (L-1) for a significant metro infrastructure project in Maharashtra. The Maharashtra Metro Rail Corporation awarded the contract to the joint venture (JV) for the Thane Integral Ring Metro Project. Project Overview The JV…
Tata Chemicals has announced plans to expand production of dense soda ash at its Mithapur facility in Gujarat, with the board approving an investment of ₹135 crore at its meeting on November 21, 2025, according to a recent filing. Expansion Details Current Capacity: 1,091 kilo tonnes per year…
India’s publicly listed Real Estate Investment Trusts (REITs) distributed Rs. 2,331 crore (US$ 262.68 million) to more than three lakh unitholders in Q2 FY26, reflecting the growing maturity and resilience of the sector, according to the Indian REITs Association. Assets Under Management The total gross assets under management…
India’s indigenous defence manufacturing has reached record levels, with production hitting Rs. 1,27,434 crore (US$ 14.36 billion) in FY24, driven by the Atmanirbhar Bharat initiative and ongoing policy reforms. Budget and Policy Support Defence budget allocations have grown significantly, rising from Rs. 2,53,000 crore (US$ 28.51 billion) in…
India is projected to surpass one billion 5G subscriptions by the end of 2031, according to the November 2025 Ericsson Mobility Report, reflecting rapid adoption in a market with the highest mobile data traffic per smartphone globally. Key Findings for India 5G subscriptions at end-2025: 394 million, accounting…
India is steadily gaining ground as a global manufacturing hub for automobiles, with increasing shipments to European markets reflecting its competitive, low-cost production capabilities. Export Growth to Europe Between April and August FY26, Indian car exports to the UK, Germany, Spain, and Norway reached Rs. 559 crore (US$…
India has begun diversifying its export markets as shipments to the United States show signs of moderation, according to a recent research report by the State Bank of India (SBI). The trend reflects the country’s expanding global footprint across multiple product categories and destinations. Key Export Trends Total…
ACME Solar Holdings Ltd has secured a major win in India’s renewable energy space by bagging a 130 MW Round-the-Clock (RTC) renewable energy project under the Railways Energy Management Company Limited’s (REMCL) 1,000 MW tender. The company clinched the bid with a highly competitive tariff of ₹4.35 per…