The Maharashtra government and Lodha Developers Ltd have signed a ₹30,000 crore MoU to develop a Green Integrated Data Centre Park in Palava, Mumbai Metropolitan Region. Spread across 370 acres with a planned 2-gigawatt capacity, the park aims to host domestic and international data centre operators, supporting Maharashtra’s…
JSW Energy Ltd has announced the commissioning of 317 megawatts (MW) of renewable energy capacity in August 2025, expanding its total installed capacity to 13,097 MW. This development marks a significant step in the company’s strategic transition toward renewable and sustainable energy sources. The newly added capacity includes:…
Indian Overseas Bank (IOB), one of India’s prominent public sector banks, announced on Thursday, September 11, 2025, a reduction in its marginal cost of funds-based lending rate (MCLR) by 5 basis points (bps) for select tenures, effective September 15, 2025. This move is aimed at reducing borrowing costs…
HFCL Limited, a leading Indian telecom and infrastructure company, has received approval from the Andhra Pradesh government to acquire 1,000 acres of land in Madakasira Mandal, Sri Sathya Sai District for setting up large-scale defence manufacturing facilities. This strategic allotment marks a significant step in HFCL’s ongoing diversification…
FirstCry, through its parent company Brainbees Solutions Limited, has significantly reinforced its presence in the roll-up e-commerce sector by increasing its stake in Globalbees, a material subsidiary that consolidates multiple e-commerce brands. The company invested ₹73 crore in the second tranche of Compulsorily Convertible Preference Shares (CCPS) issued…
Insolation Energy Ltd., a prominent player in India’s renewable energy sector, has announced that its wholly-owned subsidiary, Insolation Green Energy Pvt. Ltd., has secured a significant solar module supply order worth ₹143.2 crore from Zetwerk Manufacturing Businesses Pvt. Ltd.. The contract, finalized on September 11, 2025, is slated…
5paisa Capital Limited, a prominent financial services company, has announced that it has received a Show Cause Notice (SCN) from the Securities and Exchange Board of India (SEBI) concerning the expiry of its certificate of registration as a Research Analyst. The notice was received via email on September…
Travel Food Services (TFS) gained 1.98% to Rs 1,287.10 on the stock exchanges following the announcement that it has been awarded the license to operate travel QSRs and lounge facilities at the Domestic Terminal (T1) of Cochin International Airport (CIAL). This latest development strengthens TFS’ position in India’s…
Marico Limited, one of India’s leading consumer goods companies, has announced a strategic move to acquire the remaining 46.02% equity stake in HW Wellness Solutions Private Limited, the parent company of the popular healthy foods brand True Elements. With this acquisition, valued at up to ₹138 crore, Marico’s…
State-owned NBCC (India) Ltd on Thursday announced a significant partnership with the Rajasthan State Industrial Development and Investment Corporation (RIICO), signing a Memorandum of Understanding (MoU) for infrastructure projects near Jaipur International Airport, valued at approximately ₹3,700 crore. The development is aimed at positioning Jaipur as a global…