Nureca Limited has received formal approval from the Department of Industries & Commerce, Government of Punjab (Invest Punjab), to set up a new manufacturing facility in Village Sundra, Sub-Tehsil Zirakpur, District SAS Nagar, Punjab. The approval has been granted under the Industrial and Business Development Policy (IBDP) – 2022. Manufacturing Focus The new unit will …
On April 22, 2025, the board of directors of Page Industries Ltd., the parent company of Jockey India, has scheduled to conduct its Board meeting on May 15 to discuss and approve the results for Q4FY25 and FY25 and to consider the final dividend for the financial year 2025. Page Industries Dividend History Ex-Date Dividend Type …
On Earth Day 2025, FMCG giant Marico Limited highlighted its strong commitment to environmental sustainability. As part of its ongoing clean energy journey, Marico’s Jalgaon manufacturing unit signed a Green Energy Agreement with the Maharashtra State Electricity Distribution Company Limited (MSEDCL) in January 2025. Through this agreement, the Jalgaon plant will now source 100% of …
Evren, an Indian renewable energy platform launched by Brookfield in partnership with Axis Energy, has signed a 300 MW Power Purchase Agreement (PPA) with NTPC, a government-owned power company. This agreement is focused on delivering reliable and scheduled renewable energy. Details of the Renewable Energy Project The project will involve setting up around 1 GW …
Coal India Limited (CIL) and Damodar Valley Corporation (DVC) have signed a Memorandum of Understanding (MoU) to jointly explore new power project opportunities. Purpose of the MoU The MoU aims to set up 2×800 MW Ultra Supercritical power units at the Chandrapura Thermal Power Station (CTPS) in Jharkhand with an investment of ₹16,500 crore. The …
Housing and Urban Development Corporation Limited (HUDCO) has been allowed to raise funds by issuing Zero Coupon Bonds worth ₹5,000 Crores. Key Features of the Bonds Name of Bond: Ten Year Zero Coupon Bond Tenure: 10 years and 1 month Issue Deadline: On or before 31st March 2027 Maturity Amount: ₹5,000 Crores Discount Amount: ₹2,351.49 …
HG Infra Engineering Limited has been declared a qualified bidder by Gujarat Urja Vikas Nigam Ltd (GUVNL) for the development of a standalone battery energy storage system in Gujarat. The project involves a capacity of 300 MW/600 MWh out of a total of 500 MW/1000 MWh under the Phase-VI round of tariff-based global competitive bidding. …
Maithan Alloys Limited has signed an agreement to acquire 80% equity shares of Goldtree Impex Private Limited. The acquisition is valued at ₹0.02 crore and is expected to be completed by May 15, 2025. The payment will be made in cash. The company confirmed that no regulatory approvals are required for this transaction. As of …
Oriental Rail Infrastructure Limited has been awarded a supply and installation contract worth ₹1,50,37,920 by the Integral Coach Factory (ICF), Chennai, a key unit of Indian Railways. The scope of the contract includes the supply and installation of 18 sets of one coach set of seats and berth components for LWSCWAC/EOG coaches. The company …
Poonawalla Fincorp Limited (PFL) has announced its strategic entry into the fast-growing consumer durable loans segment. This move is marked by the launch of its Consumer Durables Loans business along with a digital EMI card offering pre-approved limits. These initiatives aim to simplify purchases for customers and deepen the company’s presence in the retail lending …
