Synopsis: Power Finance Corporation Limited’s board has approved a scheme of merger by absorption of REC Limited into PFC, creating India’s largest government-owned financing institution with a combined loan book exceeding ₹11 lakh crore. REC shareholders...
Synopsis: Puravankara Limited has entered into a joint development agreement (JDA) for a 6.4 acre land parcel in Sarjapur, Bengaluru, carrying a potential Gross Development Value of ₹1,000 crore. The deal pushes the company’s total Q1FY27 acquisition and JDA...
Synopsis: India’s semiconductor ambitions are finally moving from policy announcements to physical execution, but building a chip ecosystem requires far more than fabrication plants alone. Behind every semiconductor wafer lies a highly specialized supply chain of...
Synopsis: NLC India Renewables Limited (NIRL), the wholly owned renewable energy subsidiary of NLC India Limited, has entered into a Joint Venture Agreement (JVA) with Odisha Renewable Energy Development Agency (OREDA) for developing 1,000 MW green energy projects in...
Synopsis: Onwards Technologies Limited has bagged an engineering services contract for around Rs 33 crore from a top global power management company. Onwards has signed a three-year engagement to build a Dedicated Offshore Development Centre (ODC) for the client’s...
Synopsis: Kajaria Ceramics Limited has formalized a ₹296.70 crore share buyback program via a tender offer. This capital allocation move underscores robust internal cash generations and strategic efforts to optimize its equity base. Driven by steady urban housing...
Synopsis:- A 5-star energy efficiency certification for two of its DC fast charger models has put a small-cap EV charging and renewable energy manufacturer back in focus, even as the disclosure carries no quantified financial impact of its own. The bigger story sits...
Synopsis: Atmastco Limited has secured a commercial order worth Rs. 57.33 crore from L&T MHI Power Boilers Private Limited for the fabrication and supply of ceiling girders for three Adani thermal power projects. The order is expected to strengthen the...
Synopsis:- Regulatory approval to raise its stake in a key insurance subsidiary has brought a leading private sector lender back into focus, with the stock advancing as the bank moves to lock in majority control of its life insurance arm. The clearance closes a loop...
Synopsis: Deccan Gold Mines Limited announced the formal inauguration of its Jonnagiri Gold Project by Andhra Pradesh Chief Minister N. Chandrababu Naidu. Marking India’s first major private-sector gold mine since Independence, the project signals a massive shift...
