After being stalled for over six months, the Centre has cleared the Defence Ministry and Mazagon Dock Shipbuilders Limited (MDL) to begin negotiations on a ₹70,000-crore deal for six submarines, to be built in India with German support under Project-75 India. In January, the Defence Ministry had selected…
The Department of Posts has announced a temporary suspension of certain postal services to the United States following the implementation of new customs regulations by the U.S. Administration. On 30th July 2025, the U.S. government issued Executive Order No. 14324, withdrawing the duty-free de minimis exemption for goods…
Adani Enterprises Limited (AEL) has taken a decisive step into the chemicals business in India by incorporating a new step-down subsidiary, CG Syn-Gas & Chemicals Limited (CSGCL), on August 23, 2025. 🔹 Key Highlights Parentage: The new entity has been set up by Mundra Synenergy Limited (MSEL), a…
Titagarh Rail Systems Limited (TRSL), one of India’s leading railway manufacturing companies, has achieved another major milestone by securing a ₹91.12 crore contract from Banaras Locomotive Works (BLW). The order involves the supply of complete shell assemblies for WAG-9HC locomotives, further cementing Titagarh Rail’s role as a key…
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has declared the commercial operation (COD) of a 50 MW solar capacity in Bhuj, Gujarat, effective 24 August 2025. This milestone adds significant weight to NTPC’s renewable portfolio and pushes the NTPC Group’s total installed power capacity to…
India’s CEAT Ltd. announced on Friday that it will expand tyre manufacturing capacity at its export-oriented plants in Sri Lanka, amid growing tariff pressures on shipments from India to the United States. CEAT’s subsidiary, CEAT OHT Lanka, signed a $171 million investment agreement with the Board of Investment…
Mumbai, August 25, 2025 – Shares of YES Bank Ltd are in focus after the Reserve Bank of India (RBI) granted approval to Sumitomo Mitsui Banking Corporation (SMBC) for acquiring up to 24.99% stake in the private lender through a secondary share purchase. Importantly, RBI clarified that SMBC…
Signpost India Limited has secured a landmark contract with Bangalore Metro Rail Corporation Ltd. (BMRCL), granting it exclusive advertising rights across 67 key metro stations in Bengaluru for the next nine years, until 2034. The deal covers over 95,000 sq. ft. of advertising space, including both static and…
August 22, 2025 – Ola Electric has received overwhelming shareholder support to reallocate its ₹5,500 crore IPO proceeds and extend the timeline for capital deployment. The approval marks a key milestone in the company’s strategic restructuring, ensuring better alignment with its long-term electric vehicle (EV) business goals. Shareholders…
India and Russia have reaffirmed their commitment to deepen bilateral trade ties, signaling that U.S. tariff pressure on New Delhi over Russian oil imports will not disrupt their partnership. U.S. Tariff Pressure on India The Trump administration has threatened tariffs of up to 50% on Indian exports to…