Adani Wilmar Limited (AWL), a major player in India’s food FMCG sector, has announced its decision to acquire G.D. Foods Manufacturing (India) Private Limited, known for its popular brand “Tops.” Acquisition Details This acquisition will be completed in phases. 80% of the shares will be acquired initially, while the remaining 20% will be purchased over …
GE Vernova T&D India Limited has secured three orders from Power Grid Corporation of India Limited (PGCIL), amounting to approximately ₹500 crore. The orders involve the supply and installation of 765kV class transformers and reactors under bulk procurement. The execution timeline for these orders is set at 36 months. Execution and Order Details According to …
Power Grid Corporation of India Ltd (POWERGRID) has been awarded 3 interstate transmission system (ISTS) projects under the Build, Own, Operate, and Transfer (BOOT) model. The company received the Letter of Intent (LoI) for these projects on March 3, 2025, through tariff-based competitive bidding (TBCB). As of March 5, 2025, at 9:45 AM, Power Grid …
Zydus Lifesciences has announced plans to develop the TCV Shigella combination vaccine in collaboration with its research partner and the Gates Foundation for children aged under 5 years. This is expected to be the world’s first combination vaccine providing dual protection against such deadly enteric diseases that take over 4,00,000 lives globally. Why Is This …
Marsons Limited has secured an order worth ₹9.49 crore (exclusive of taxes) from Inox Wind Limited. The order is for the supply of a 160 MVA, 220 kV class Extra High Voltage (EHV) Power Transformer. The company disclosed the information to the Bombay Stock Exchange (BSE) in compliance with SEBI (Listing Obligations and Disclosure Requirements) …
Rail Vikas Nigam Limited (RVNL) is a premier central public sector enterprise under the Ministry of Railways, Government of India. Established in 2003, it serves as the dedicated construction arm of Indian Railways, spearheading critical infrastructure projects such as track doubling, new line development, electrification, and the construction of major bridges. Order Details On March …
Adani Power’s share price surged over 4% on Wednesday, marking its third consecutive session of gains. The stock climbed as much as 4.66% to ₹506.10 on the BSE. Strong Financial Position Adani Power has successfully resolved long-standing disputes related to its power purchase agreements (PPAs). Legal victories, renegotiated PPAs to reduce fuel risks, and securing …
Grasim Industries Limited, established in 1947, is the flagship entity of the Aditya Birla Group and stands among India’s most esteemed publicly listed corporations. Initially a textiles manufacturer, Grasim has since evolved into a multifaceted conglomerate with a commanding presence across various industries. New Production Facility On March 4, 2025, Grasim Industries announced the commencement …
Walchandnagar Industries Limited (WIL) is a distinguished Indian enterprise specialising in heavy engineering products and Engineering, Procurement, and Construction (EPC) services. Founded in 1908 by the visionary industrialist Walchand Hirachand Doshi, WIL has been instrumental in shaping India’s industrial landscape and driving infrastructure advancements. WIL Acquisition of Aicitta WIL announced that its Board of Directors, …
RBL Bank has announced significant leadership appointments to strengthen its transformation journey and drive sustainable growth. These strategic hires aim to enhance customer experience, operational efficiency, and business expansion. Narendra Agrawal Joins as President & Head of Branch Banking and Retail Liabilities Mr Narendra Agrawal has been appointed as President & Head of Branch Banking and …
