China has formally lodged a complaint at the World Trade Organization (WTO) challenging India’s Production Linked Incentive (PLI) schemes for the automobile and electric vehicle (EV) sectors. The dispute arises from China’s claim that India’s policies discriminate against Chinese imports and favour domestic production under various incentive frameworks.…
Uttar Pradesh is poised for a major renewable energy expansion, with solar projects worth around ₹35,000 crore planned across the state by 2027–28. The initiative aims to help the state achieve its ambitious solar capacity target of 22,000 MW, supported by both public and private sector investments. The…
Vikram Solar Bags 148.9 MW Module Order from Sunsure Energy, Accelerating India’s Clean Energy Goals
Vikram Solar Limited (VSL) has secured a major order for 148.9 MW of high-efficiency solar modules from Sunsure Energy Private Limited, marking a significant milestone in India’s renewable energy expansion. The modules, M10R N-Type TOPCon rated at 595 Wp, will be deployed across Maharashtra and Uttar Pradesh, with…
Glenmark Pharmaceuticals Inc., USA, a subsidiary of Glenmark Pharmaceuticals Limited, has announced plans to launch Ropivacaine Hydrochloride Injection USP in November 2025. The new product, available in three strengths, expands Glenmark’s injectable portfolio and offers an affordable alternative to existing therapies in the market. Product Details Glenmark’s Ropivacaine…
Trustedge Capital Limited, formerly known as Adinath Exim Resources Limited, has seen its promoter group increase its stake from 71.99% to 74.99% following a rights issue on October 20, 2025. The move involved the acquisition of 2,706,188 shares, expanding the company’s equity share capital from ₹5.85 crore to…
In a major healthcare technology collaboration, Superhealth has signed a multi-year agreement worth over ₹2,500 crore with United Imaging Healthcare, a global leader in medical imaging innovation. The partnership aims to bring cutting-edge diagnostic systems to Superhealth’s expanding hospital network across India. Next-Generation Radiology Infrastructure Under the agreement,…
Utkarsh Small Finance Bank (USFB) is set to open its rights issue on Friday, October 24, 2025, to raise up to ₹950 crore. The issue aims to boost the bank’s capital adequacy and fund its expansion plans, reinforcing its financial position for future growth. Under the rights issue,…
Bharat Electronics Ltd (BEL), the Navratna defence PSU, has bagged a ₹633 crore order from Cochin Shipyard, reinforcing its leadership in defence electronics and system integration. The contract includes the supply of key components for sensors, weapon systems, fire control mechanisms, and communication equipment, supporting India’s growing naval…
Dubai Islamic Bank (DIB), the world’s first Islamic bank and the largest in the UAE, has entered into a strategic partnership with HCLTech, a leading global technology company, to accelerate the integration of Artificial Intelligence (AI) across its operations. The collaboration, unveiled at GITEX GLOBAL 2025, underscores DIB’s…
Manali Petrochemicals:Subsidiary AMCHEM signs a share purchase agreement with Coim S.p.A. to sell its entire stake in Notedome Ltd, UK, as part of its global portfolio rebalancing. Ola Electric Mobility:Clarifies that no chargesheet has been filed in the ongoing investigation and reiterates full cooperation with authorities. Dr Reddy’s…