Synopsis: A routine debt disclosure carries a useful signal for shareholders tracking one of India’s largest housing finance companies, as the company allotted Rs. 2,500.85 crore of secured non-convertible debentures at a coupon of 7.64 percent, its lowest...
Synopsis: Innomet Advanced Materials has secured an international purchase order worth USD 463,200 (around Rs. 4.38 crore) from Israel-based Scope Metals Group Ltd for the supply of precision tungsten components manufactured to ASTM and AMS international...
Synopsis: RailTel Corporation of India Limited has secured a Rs. 107.61 crore work order from Mahanadi Coalfields Limited (MCL) for establishing an MPLS VPN network on a rental basis for five years. The order strengthens the company’s order book while...
Synopsis: Newgen Software Technologies Limited has secured two international orders worth a combined Rs. 42.89 crore from customers in Kuwait and the Philippines. The five-year contracts cover core insurance platform modernization and a retail loan origination...
Synopsis: Management commentary accompanying the latest annual results has put a number on the AI opportunity ahead for one of India’s largest IT services companies, sizing the addressable enterprise AI market at US$300-400 billion by 2030. AI already...
Synopsis: Route Mobile Limited has announced a strategic partnership with Truecaller to expand business messaging services globally, while reporting stronger FY26 profitability with gross margin expansion and adjusted profit growth despite weaker revenue. The...
Synopsis: Rane (Madras) Limited has announced the acquisition of Hindustan Composites Limited’s friction business for an enterprise value of Rs. 370 crore on a slump sale basis. The acquisition is expected to create a Rs. 1,000+ crore friction materials...
Synopsis: Global crude oil prices have stabilized near $70 per barrel while the Indian rupee has weakened to nearly 94.7 against the US dollar, creating a double macro challenge that could raise India’s import bill, pressure inflation, and impact several sectors...
Synopsis: Ayana Renewable Power, a wholly owned subsidiary of ONGC NTPC Green Private Limited, has secured a 193 MW wind power project in Madhya Pradesh Power Management Company Limited’s (MPPMCL) 800 MW wind auction at a tariff of Rs. 4.17 per kWh. The win...
Synopsis: Adani Green Energy Limited has crossed a major clean energy milestone after commissioning 156 MW of wind capacity and 185 MWh of battery storage at Khavda, Gujarat, taking its total operational renewable portfolio above 20.1 GW. India’s renewable energy...
