BHEL & REC JV Proposal RejectedThe board confirmed that DIPAM has not approved the proposal for forming a joint venture between BHEL and REC Power Development and Consultancy. Allcargo Logistics Focuses on Digital GrowthAllcargo will invest in ROI-based digital execution, aiming for revenue CAGR of 12% and EBITDA…
Fineotex Chemicals has announced that its board of directors will meet on September 27, 2025, to consider key proposals including a bonus issue of shares, a stock split, and a dividend payout for shareholders. Board Meeting Details The board’s upcoming meeting comes at a time when the stock…
Minda Corp has unveiled its Vision 2030 roadmap, aiming to more than triple its revenue over the next five years. The company’s target is to scale revenue from ₹5,100 crore in FY25 to ₹17,500 crore by 2030, while improving operational efficiency and financial metrics. Financial and Operational Goals…
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the disbursement of a Productivity Linked Bonus (PLB) equivalent to 78 days’ wages for railway employees for the financial year 2024-25. The move will benefit 10.91 lakh non-gazetted employees across Indian Railways. Financial Implications The total financial…
Jaguar Land Rover (JLR) has extended the shutdown of its global manufacturing operations until October 1, following a cyberattack that has disrupted its IT systems since August 31, 2025. A spokesperson for JLR said the extension allows the company to plan a phased and secure restart of production,…
The Reserve Bank of India (RBI), in its September Bulletin, highlighted the resilience of the Indian economy, driven by strong domestic demand, GST reforms, and low inflation, despite global uncertainties such as U.S. trade tariffs and fiscal pressures in advanced economies. Q1 FY26 Growth The economy recorded a…
Mumbai, September 2025 – Power Grid Corporation of India Limited (POWERGRID) has taken a strategic step to expand its renewable energy transmission capabilities in Karnataka by acquiring Davanagere Power Transmission Limited (DPTL) for approximately Rs 6.53 crore. Acquisition Overview DPTL, a special purpose vehicle (SPV), was established to…
Gujarat Pipavav Port Limited, a leading private port operator, has been awarded a five-year contract by Oil and Natural Gas Corporation (ONGC) to provide port and storage facilities at Pipavav Port. The agreement, effective from October 1, 2025, will see the port supporting ONGC’s offshore supply base operations.…
The investment is part of Tata Steel’s ongoing strategy to strengthen its international operations. It follows a series of earlier capital infusions between May and August 2025, aimed at supporting growth, operational efficiency, and global competitiveness. Regulatory Disclosure The company has informed the stock exchanges about this development…
THDC India Limited, a subsidiary of NTPC, has commissioned Unit II (660 MW) of the Khurja Super Thermal Power Plant (STPP), marking a significant expansion in India’s power generation capacity. The commissioning took effect from 00:00 hours today. Capacity Expansion With this addition, the NTPC Group’s total installed…