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Thermax Wins ₹516 Crore Botswana Energy Project, Expands Impact in Southern Africa

Thermax Wins ₹516 Crore Botswana Energy Project, Expands Impact in Southern Africa

16 September 2024

On September 14, 2024, Thermax Babcock & Wilcox Energy Solutions Limited (TBWES), a fully owned subsidiary of Thermax, secured a repeat order worth ₹516 crore.  This new order is for a 300 MW energy project from an industrial group in Botswana, Southern Africa. This project is part of a larger 600 MW initiative, making Thermax …

Lumax Expands into Green Fuels with Greenfuel Acquisition

Lumax Expands into Green Fuels with Greenfuel Acquisition

16 September 2024

On September 14, 2024, Lumax Auto Technologies Limited (LATL), a top supplier of automotive systems and components, announced it would acquire a majority stake in Greenfuel Energy Solutions Private Limited (Greenfuel).  This move marks LATL’s entry into the green and alternative fuels sector, which includes CNG, hydrogen, and other applications, and is expected to grow …

Suraj Estate Secures ₹500 Crores in Fundraise for Growth and Expansion

Suraj Estate Secures ₹500 Crores in Fundraise for Growth and Expansion

16 September 2024

On September 14, 2024, in Mumbai, Suraj Estate Developers Limited (SEDL) held an Extraordinary General Meeting (EGM) where shareholders gave their strong approval for a significant fundraising. The company plans to raise around ₹500 crores through a preferential issue of equity shares and convertible warrants, pending regulatory approval. During the EGM, which was conducted through …

JSW Energy Commissions 300 MW Wind Project, Eyes 20 GW Capacity by 2030

JSW Energy Commissions 300 MW Wind Project, Eyes 20 GW Capacity by 2030

16 September 2024

On September 15, 2024, JSW Energy Ltd. announced that its subsidiary, JSW Renew Energy Two Limited, has successfully completed a 300 MW wind power project in Tuticorin, Tamil Nadu. This project, awarded by the Solar Energy Corporation of India (SECI) under Tranche X, is the company’s first greenfield wind power plant for SECI. The new …

Trident has incorporated a unit in Singapore to expand global business

Trident has incorporated a unit in Singapore to expand global business

16 September 2024

Trident has made a name for itself as a major force in a number of industries thanks to its wide array of products. The company’s 6200+ crore annual revenue is proof of its achievements and expansion over time. Trident provides high-quality products that satisfy a range of consumer needs and preferences, from chemicals to home …

Zaggle Prepaid Ocean Services has entered into an agreement with Founderlink Tech

Zaggle Prepaid Ocean Services has entered into an agreement with Founderlink Tech

16 September 2024

Established in 2011, Zaggle occupies a distinctive position within the FinTech sector, providing a wide array of goods and services. We are a prominent player in the spend management space, having worked with our banking partners to issue over 50 million prepaid cards and provide services to over 2.9 million users. We offer a range …

360 One WAM To Consider Fundraising Via QIP

360 One WAM To Consider Fundraising Via QIP

16 September 2024

To assist clients in protecting and increasing their wealth, their team of skilled experts provides risk management, financial planning, estate planning, tax optimization, and customized investment strategies. 360 ONE WAM is able to offer complete wealth management solutions that are customized to each client’s particular goals and objectives because of its strong network of partners …

Phoenix Mills Shareholders Approve 1:1 Bonus Issue At AGM

Phoenix Mills Shareholders Approve 1:1 Bonus Issue At AGM

16 September 2024

Phoenix Mills Ltd. recently held its 119th Annual General Meeting (AGM) and the shareholders approved a 1:1 bonus issue. This means that shareholders will receive one additional fully paid-up equity share with a face value of Rs.2 for each share they already hold, based on the record date of September 21. It’s a way for …

Adani Green Signs Major Solar PPA with Maharashtra, Targets 50 GW by 2030

Adani Green Signs Major Solar PPA with Maharashtra, Targets 50 GW by 2030

16 September 2024

On September 15, 2024, Adani Green Energy Limited (AGEL), India’s largest renewable energy company, is set to sign a long-term Power Purchase Agreement (PPA) with Maharashtra State Electricity Distribution Company Limited (MSEDCL). This agreement, based on a Letter of Intent (LOI), involves supplying 5 GW (5000 MW) of solar power from the world’s largest renewable …

Nazara Technologies Board to meet on Sept. 18 to consider and approve fundraising

Nazara Technologies Board to meet on Sept. 18 to consider and approve fundraising

16 September 2024

Nazara Technologies has established itself as a frontrunner in the gaming and sports media sectors by offering its users an extensive array of interactive and captivating content. The company’s robust presence in India, Africa, and North America enables it to effectively reach a wide range of consumers and tailor its offerings to their individual interests …

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