Indian Market

PFC Board Approves Rs 1.4 Lakh Crore Borrowing Plan for FY26, Declares Interim Dividend

PFC Board Approves Rs 1.4 Lakh Crore Borrowing Plan for FY26, Declares Interim Dividend

/ Indian Market /

Power Finance Corporation’s (PFC) board of directors sanctioned a Rs 1,40,000 crore borrowing program for the 2025-26 fiscal year. The step was taken during a March 12, 2025, board meeting as per the company’s regulatory filing. In addition to the plan for borrowing, the board also announced the fourth interim dividend for the financial year […]

PFC Board Approves Rs 1.4 Lakh Crore Borrowing Plan for FY26, Declares Interim Dividend Read More »

Adani Set to Secure $4.1 Billion Mumbai Housing Redevelopment Project

Adani Set to Secure $4.1 Billion Mumbai Housing Redevelopment Project

/ Indian Market /

Billionaire Gautam Adani’s real estate unit has emerged as the highest bidder for redeveloping one of Mumbai’s largest housing projects, the Motilal Nagar Development Project, at an estimated cost of Rs 36,000 crore ($4.1 billion), according to sources familiar with the matter. Adani Properties Pvt Ltd, which is part of the Adani group, placed the

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TCS to Acquire Darshita Southern India Happy Homes for Rs 2,250 Crore to Set Up Bengaluru Delivery Centre

TCS to Acquire Darshita Southern India Happy Homes for Rs 2,250 Crore to Set Up Bengaluru Delivery Centre

/ Indian Market /

Tata Consultancy Services (TCS) has announced the acquisition of 100 percent equity shares in Darshita Southern India Happy Homes for Rs 2,250 crore, the company stated in a stock exchange filing on March 11. As part of the deal, TCS will acquire the land and building of the real estate firm, which will be transformed

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Jio Partners with SpaceX to Bring Starlink Internet to India

Jio Partners with SpaceX to Bring Starlink Internet to India

/ Indian Market /

Reliance Jio has signed a deal with SpaceX to bring Starlink’s satellite internet services to India, the company announced on March 12. This agreement comes just a day after Bharti Airtel made a similar move in the satellite broadband sector. The partnership is subject to regulatory approval, as SpaceX still needs government authorization to offer

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Ather Energy Plans IPO at $1.2 Billion Valuation to Raise $400 Million

Ather Energy Plans IPO at $1.2 Billion Valuation to Raise $400 Million

/ Indian Market /

Indian electric scooter maker Ather Energy is reportedly considering launching its initial public offering (IPO) in Mumbai at a valuation of around $1.2 billion. The company, backed by Hero MotoCorp, had earlier aimed for a $2 billion valuation, but market conditions have led to a revised target. According to reports, Ather may sell shares by

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Zydus Lifesciences to Acquire French Medtech Firm Amplitude Surgical for Rs 2,447 Crore

Zydus Lifesciences to Acquire French Medtech Firm Amplitude Surgical for Rs 2,447 Crore

/ Indian Market /

Zydus Lifesciences has entered into exclusive negotiations to acquire an 85.6 percent controlling stake in Amplitude Surgical SA, a French medical technology company specializing in lower-limb orthopedic solutions. The deal, valued at €256.8 million (Rs 2,447 crore), will mark Zydus’ entry into the medtech sector, expanding beyond its traditional pharmaceutical business. Under the agreement, Zydus

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NTPC Green and NTPC Shares Rise as Company Plans ₹96,000 Crore Investment in Chhattisgarh for Clean Energy Projects

NTPC Green and NTPC Shares Rise as Company Plans ₹96,000 Crore Investment in Chhattisgarh for Clean Energy Projects

/ Indian Market /

Shares of NTPC and its subsidiary NTPC Green Energy Ltd traded higher on Tuesday after the company announced its plan to invest ₹96,000 crore in clean energy projects in Chhattisgarh. While NTPC shares recovered from early losses and gained nearly 0.2 percent, NTPC Green Energy saw a rise of around 1.5 percent in intraday trade.

NTPC Green and NTPC Shares Rise as Company Plans ₹96,000 Crore Investment in Chhattisgarh for Clean Energy Projects Read More »

Karnataka Budget 2025: New IT Policy to Boost Cloud Computing and Emerging Technologies

Karnataka Budget 2025: New IT Policy to Boost Cloud Computing and Emerging Technologies

/ Indian Market /

Karnataka is set to introduce a new IT policy this year, focusing on cloud computing and emerging technologies while expanding the state’s technology presence beyond Bengaluru to tier-2 and tier-3 cities. This policy, mentioned in the state budget on March 7, aims to strengthen Karnataka’s position as a global technology hub by attracting investments and

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Bharat Electronics Shares in Focus After Securing Orders Worth ₹577 Crore

Bharat Electronics Shares in Focus After Securing Orders Worth ₹577 Crore

/ Indian Market /

Bharat Electronics Ltd (BEL) is expected to remain in focus on March 7 after the company secured an additional order worth ₹577 crore since February 20, 2025. The newly received orders include airborne electronic warfare products, an advanced composite communication system for submarines, a Doppler weather radar, a train communication system, radar upgradation, and related

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Railtel Wins ₹262 Crore Project in Odisha

Railtel Wins ₹262 Crore Project in Odisha, Shares Rise 3%

/ Indian Market /

Railtel Corporation of India has secured a project worth over ₹262 crore from the State Transport Authority of Odisha. Shareholders have been informed about the new contract in an exchange filing. Railtel has been assigned with a work order for a project valued at ₹2,62,33,85,540, which is inclusive of taxes. The project is for upgrading

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