Project Details Sterling & Wilson Renewable Energy Ltd (SWREL) announced on Tuesday that it has secured a Letter of Award (LoA) worth about ₹415 crore from a leading private independent power producer (IPP). The contract covers the balance-of-system EPC package for a 300 MW (AC) / 420 MWp…
Overview CRISIL Limited has approved a $30 million credit facility for its wholly owned subsidiary, Crisil Irevna UK Limited. The move, formalized on September 9, 2025, is aimed at supporting the subsidiary’s general business needs and strategic initiatives. The facility can be drawn in multiple tranches, carries no…
Mumbai-based Sri Lotus Developers and Realty Limited has announced that it has been appointed as the developer for an ultra-luxury redevelopment project in Bandra West, near the iconic Bandstand Promenade. Project Highlights The company stated that the project is designed to redefine premium living in one of Mumbai’s…
Royal Enfield, the iconic mid-size motorcycle brand, has announced a price reduction of up to ₹22,000 across its 350cc range, following the recent GST rate rationalisation introduced by the government. The revised prices will take effect from September 22, 2025. Passing on GST Benefits The company confirmed that…
Sumitomo Mitsui Banking Corporation (SMBC), one of Japan’s largest financial institutions, is preparing to pare down its holding in Kotak Mahindra Bank. The lender will offload a 1.65% stake via a block deal, estimated at around ₹6,166 crore, according to a CNBC-TV18 report. Deal Details The shares will…
Mamata Machinery Limited, a leading manufacturer in the flexible packaging machinery sector, has announced that it has secured a new USD 1.17 million export order for a 9-layer blown film plant from a customer in the UAE. This marks the company’s third consecutive order in this segment and…
The LNJ Bhilwara Group has completed the acquisition of Statkraft’s 49% minority stake in Malana Power Company Ltd (MPCL). With this deal, its subsidiary Bhilwara Energy Ltd now holds 100% ownership of the company. Assets Under the Deal The acquisition covers Statkraft’s holdings in: Malana Hydropower Plant (86…
Following the government’s decision to revise Goods and Services Tax (GST) slabs last week, several auto companies have rolled out price cuts, fully transferring the benefit to customers. On Tuesday, major names including Bajaj Auto, Jaguar Land Rover, Volvo Cars, Jeep India, Honda Cars, and Yamaha Motor announced…
Cupid Signs term sheet to acquire a strategic stake in Mansam, a Saudi Arabian luxury fragrance brand founded in 2022. Bajaj Auto Announces full GST benefit will be passed on to customers, cutting prices by up to ₹20,000 on two-wheelers and ₹24,000 on three-wheelers. HEG Associate firm Bhilwara…
Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) continue to grow steadily in India, offering strong distributions and expanding portfolios, though retail investor participation remains low compared to global standards. Industry bodies emphasize that awareness programs and investor education are key to improving retail engagement. REITs…