Reliance Infrastructure’s subsidiary, Reliance Energy, has established two new companies, Reliance New Energy Solar and Reliance New Solar Energy, to further expand its presence in the renewable energy sector. This…
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Aditya Birla Fashion and Retail (ABFRL) has successfully completed its Qualified Institutional Placement (QIP) of equity shares, raising Rs. 1,860 crore. The QIP received a strong response from both domestic…
Adani Energy Solutions Ltd (AESL), the largest private power transmission company in India, has secured two significant transmission projects in Rajasthan. These projects, aimed at evacuating 6 GW of renewable…
The Indian Oil Ministry has requested a substantial subsidy of ₹400 billion (US$4.8 billion) from the Finance Ministry to compensate state-owned oil marketing companies (OMCs) for losses incurred on the…
Tata Consultancy Services (TCS) has reached a significant milestone, becoming only the second IT services brand globally to surpass $20 billion in brand value. According to the latest Brand Finance…
Kolte-Patil Developers, a leading Pune-based real estate company, has released its Q3 FY25 business update, reporting a sales value of ₹680 crore. This represents an 8.9% decrease compared to ₹746…
The Securities and Exchange Board of India (SEBI) Chairperson, Madhabi Puri Buch, has announced that the regulator is actively examining the practice of trading “when-issued” securities on both the National…
Bharat Forge, a leading Indian multinational specializing in metal forming, has announced its intention to enter the semiconductor component business. This strategic move aligns with the Indian government’s push to…
Technocraft Industries (India) Ltd. (TIIL), a leading manufacturer of scaffolding and construction equipment, has received the prestigious ‘B Certification’ from the Institute of Technology, Poland, for its Ringlock Scaffolding System.…
The Reserve Bank of India (RBI) is reportedly engaging in dollar-rupee buy/sell swaps in the mid-to-far tenors (maturities). This intervention aims to stabilize the Indian rupee, which recently depreciated to…