JSW Energy plans to develop a 1,600 MW thermal power plant in Salboni, West Bengal. This marks the company’s largest greenfield venture to date and its first significant move into the eastern region of India. The project was awarded through a competitive bidding process, followed by the signing of a power purchase agreement (PPA) with …
The Indian IT sector witnessed a surprising rally on Monday, April 21, with the Nifty IT index jumping over 3%, despite several challenges. This uptick came even as some major companies reported mixed quarterly results and the US Dollar showed signs of weakness, a trend that typically impacts export-oriented businesses like IT. Infosys Turns Positive …
The share price of GAIL (India) Ltd witnessed a notable upswing of approximately 5% during the trading session on Monday, April 21, 2025. As of 12:21 PM, the stock showed its sharpest single-day increase since January 2025. On the National Stock Exchange (NSE), GAIL opened at ₹190.50 and moved between an intraday low of ₹188.59 …
Founded in 2015, Bigbloc Construction Ltd has quickly risen to become one of India’s largest producers of Autoclaved Aerated Concrete (AAC) blocks. With a total installed capacity of 1.3 million cubic metres per annum, the company operates manufacturing units in Gujarat (Kheda, Umargaon, Kapadvanj) and Maharashtra (Wada). The latest Kheda facility is especially notable for …
On April 21, 2025, Interarch Building Solutions Limited announced it has secured the largest-ever single Pre-Engineered Building (PEB) order in the Indian PEB industry. Valued at over ₹300 crore, the contract has been awarded by a prominent tyre manufacturing company, establishing one of India’s most advanced facilities in Gujarat. Share Price Reacts Positively Following the …
As per news reports, Eversource Capital is in advanced discussions to acquire BluSmart, an electric ride-hailing platform, for ₹850 crore. The deal comes at a time when BluSmart is grappling with operational challenges, including suspensions in several cities, and its promoters are facing scrutiny over alleged financial misconduct linked to Gensol Engineering. The acquisition, …
Tata Consultancy Services (TCS) has partnered with Vianai Systems to enhance decision-making using conversational AI. This alliance allows business leaders to interact with data through natural conversations using Vianai’s Hila Platform. The goal is to provide quick insights without needing deep technical knowledge. Benefits of the Hila Platform The Hila Platform helps users, especially top …
Sky Gold and Diamonds Limited has acquired 100% of Ganna N Gold Private Limited, a Mumbai-based gold bangles manufacturing company. The deal is worth ₹225 crore and is being done entirely through a share swap, meaning no money is being paid in cash. This move allows Sky Gold to start manufacturing machine-made and handmade bangles …
NIIT Limited has decided to buy additional shares in its subsidiary, NIIT Institute of Finance Banking and Insurance Training Limited (IFBI). It will purchase: 19,00,000 shares (18.79%) from ICICI Bank 50,000 shares (0.49%) from individual shareholders Earlier, NIIT held 80.72% of IFBI. After this deal, it will own 100%, making IFBI a wholly owned …
Craftsman Automation Limited has officially announced the commencement of commercial operations at its newly established plant located in Kothavadi, Coimbatore. This development marks a significant milestone in the company’s expansion efforts and adherence to its commitment towards strengthening manufacturing capabilities. Expansion of Manufacturing Facilities On 19th April 2025, Craftsman Automation Limited began commercial production …
