Foxconn Interconnect Technology (FIT), the Hyderabad-based subsidiary of Taiwan’s Foxconn, is set to double production of Apple AirPods at its Telangana plant over the next six to eight months. Located at Kongara Kalan, around 15 km from Hyderabad airport, the facility began commercial production in April 2025 and…
The Reserve Bank of India (RBI) has released a draft proposal permitting banks to finance Indian companies’ acquisitions of full or controlling stakes in other firms — both within India and abroad. The move is aimed at facilitating long-term strategic investments and supporting Indian corporates in expanding their…
NRB Bearings Ltd, a leading name in the auto components industry, has announced a series of key developments, including an interim dividend declaration, top-level management changes, and a strategic acquisition aimed at expanding its business footprint. Interim Dividend Announcement The Board of Directors has approved an interim dividend…
Kolkata-based GPT Infraprojects Limited has secured a ₹195 crore international order from Terminal Industriel Polyvalent de San Pedro (TIPSP) in Ivory Coast, marking another milestone in its global expansion strategy. The project highlights GPT’s growing reputation as a competitive Indian player in international infrastructure and engineering contracts. Project…
Vedanta Resources Ltd (VRL), the London-headquartered parent of Vedanta Ltd, has successfully raised $500 million through a bond issue in October 2025. The move marks another significant step in the company’s ongoing debt optimisation and deleveraging strategy, as it seeks to improve liquidity, extend debt maturities, and enhance…
Reliance Industries Ltd (RIL) announced that its wholly owned subsidiary, Reliance Intelligence Ltd, has formed a new entity — Reliance Enterprise Intelligence Ltd (REIL) — in partnership with Meta Platforms’ subsidiary, Facebook Overseas Inc. The joint venture aims to deliver enterprise-grade AI services to help businesses accelerate digital…
Google has leased approximately 617,000 sq ft of premium office space at Atrium Place in Gurugram, marking one of the largest commercial real estate transactions in India this year, according to The Economic Times. The property is jointly developed by DLF and Hines, and the deal underscores Google’s…
Housing and Urban Development Corporation Ltd (HUDCO) has signed a Memorandum of Understanding (MoU) with the Jawaharlal Nehru Port Authority (JNPA) to facilitate financing and development of port infrastructure projects worth ₹5,000 crore. The partnership underscores HUDCO’s expanding role in supporting large-scale national infrastructure projects that enhance India’s…
India’s real estate sector has recorded a seven-year high in fundraising, securing ₹23,080 crore through 12 major deals, underscoring sustained investor confidence and renewed capital inflows into property and infrastructure assets. Despite market volatility, the sector continues to attract long-term investors seeking both growth and stability. Record Fundraising…
Delphi World Money Limited, an RBI-authorized Category II Authorized Dealer, has launched a rights issue worth ₹99.76 crore to fund its next phase of growth in the travel-fintech ecosystem. The move underscores the company’s strategic transition from a traditional forex and remittance service provider to a comprehensive digital…