NBCC (India) Ltd has emerged in the spotlight after securing a major township development contract in Nagpur worth nearly ₹2,966 crore, according to a PTI report. The Navratna public sector enterprise has been appointed as the Executing and Implementing Agency as well as the Project Management Consultant for…
The Reserve Bank of India intensified its intervention in the currency markets in September, offloading nearly $7.91 billion net to contain the rupee’s steep slide, according to official data released on Monday. The central bank bought $2.2 billion and sold $10.11 billion during the month as the domestic…
Bharat Electronics (BEL):Signs a JV pact with Safran Electronics & Defence to manufacture HAMMER Smart Precision Guided Air-to-Ground Weapons in India. Rossari Biotech:Arm receives approval from GIDC for transfer of 12,608 sq. m. leasehold land in Dahej Industrial Estate. Cello World:Enters zero-royalty agreement to lease “Cello Brand” for…
NBCC (India) Ltd has secured new work orders totaling ₹116.95 crore, spanning its core business areas of government consultancy, construction, and engineering services. The projects are distributed across Tamil Nadu, Uttar Pradesh, and Jharkhand. Key Projects Awarded Canara Bank Regional Office, Ranchi – ₹45.09 crore NBCC will provide…
Kotak Mahindra Bank Limited has informed stock exchanges that its Board of Directors will meet on Friday, November 21, 2025, to consider a proposal for a sub-division of its equity shares. Currently, the bank’s shares carry a face value of ₹5 each, fully paid-up, and the final split…
TPG Capital LP and Warburg Pincus are in early-stage discussions to acquire a stake in Sirion Labs Pvt, a company specialising in contract management software for businesses. Reports indicate that the potential transaction could involve a majority stake valued at over $500 million, with the possibility of additional…
Oyo Assets, the property acquisition arm of OYO’s parent company Prism, has raised ₹125 crore from a mix of institutional and private investors, with InCred leading the funding round. The capital infusion is aimed at accelerating hotel acquisitions and expanding the company’s footprint across India’s hospitality sector. Purpose…
HG Infra Engineering, in partnership with Kalpataru Projects International, has emerged as the lowest bidder (L-1) for a significant metro infrastructure project in Maharashtra. The Maharashtra Metro Rail Corporation awarded the contract to the joint venture (JV) for the Thane Integral Ring Metro Project. Project Overview The JV…
Tata Chemicals has announced plans to expand production of dense soda ash at its Mithapur facility in Gujarat, with the board approving an investment of ₹135 crore at its meeting on November 21, 2025, according to a recent filing. Expansion Details Current Capacity: 1,091 kilo tonnes per year…
India’s publicly listed Real Estate Investment Trusts (REITs) distributed Rs. 2,331 crore (US$ 262.68 million) to more than three lakh unitholders in Q2 FY26, reflecting the growing maturity and resilience of the sector, according to the Indian REITs Association. Assets Under Management The total gross assets under management…
