Bank to auction NPAs and written-off loans through a competitive bidding process involving ARC firms Bandhan Bank has announced plans to divest stressed assets totaling nearly ₹7,000 crore as part of its ongoing efforts to clean up its balance sheet and improve asset quality. The decision was approved…
Scheme aims to enhance research, data systems, start-ups, and competitiveness across the textile ecosystem The Government of India has approved the Textiles Focused Research, Assessment, Monitoring, Planning and Start-up (Tex-RAMPS) Scheme, a strategic initiative designed to strengthen innovation, research, and capacity-building within the textile sector. The initiative is…
Network PeopleGets BSE approval for listing of 14.5 lakh shares allotted on a preferential basis. WiproPartners with Netherlands-based Odido in a multi-year deal to deliver IT and AI solutions aimed at improving customer engagement and enhancing operational efficiency. VST Tillers TractorsLaunches Electric Vehicle Power Tillers and Power Weeders,…
Order reinforces company’s growing presence in global sustainable jewellery markets Mini Diamonds (India) Limited has secured a USD 2 million (approximately ₹17.80 crore) export order from Gogreen Diamonds Singapore PTE Ltd for lab-grown cut and polished diamonds. The order is scheduled for completion within two months, with payment…
Second major order in FY26 strengthens global EPC pipeline and expands South African footprint Sterling & Wilson Renewable Energy Limited (SWREL) has secured a landmark 240 MW AC turnkey solar PV project in South Africa valued at USD 147 million (₹1,313 crore). This marks the company’s second international…
Infrastructure Leasing & Financial Services (IL&FS) has made significant progress in addressing its long-standing financial crisis, reporting cumulative debt resolution of ₹48,463 crore as of September 2025. The development marks a major step toward meeting its total resolution goal of ₹61,000 crore, as outlined during its restructuring phase…
The Union Cabinet has approved a ₹7,280 crore national initiative to develop India’s domestic manufacturing ecosystem for sintered Rare Earth Permanent Magnets (REPM)—a critical component used across clean energy, mobility, and defence technologies. The approval marks India’s first structured effort to build capacity in a sector currently dominated…
Digital Connexion—the joint venture between Reliance Industries, Brookfield, and US-based Digital Realty—has announced an ambitious expansion plan, committing ₹98,000 crore to establish next-generation AI-focused data centres in Visakhapatnam, Andhra Pradesh. The investment marks one of India’s largest digital infrastructure pledges and aims to support the accelerating adoption of…
Thermax has announced a significant international contract valued at ₹580 crore, awarded by Nigeria-based Dangote Industries—West Africa’s largest industrial conglomerate. The order is linked to Dangote’s refinery and petrochemical mega-complex, one of the most ambitious energy infrastructure developments in the region. Order Scope: Boilers, Systems and Turnkey Support…
Paras Defence and Space Technologies Limited has formalized a key defence collaboration by signing a Technology Transfer and Licensing Agreement with the Defence Research and Development Organisation (DRDO). The announcement was made through a regulatory disclosure dated November 26, 2025. Agreement Enables Indigenous Production of Driver Night Sight…
