Purvah Green Power Pvt Ltd, a wholly owned subsidiary of CESC Ltd, has received a Letter of Award (LoA) from the Solar Energy Corporation of India (SECI) to develop a 300 MW solar power project integrated with an energy storage system. The LoA, dated October 27, 2025, has…
Enviro Infra Engineers Ltd (EIEL) has secured a ₹248.49 crore contract from the Bhopal Municipal Corporation for developing critical urban infrastructure in North-East Bhopal. The project includes the design, construction, and commissioning of a 273.37 km sewerage network and a 60 MLD sewage treatment plant (STP), along with…
The Grain Ethanol Manufacturers Association (GEMA) has called on the Government of India to accelerate its roadmap for higher ethanol blending and the nationwide adoption of flex-fuel vehicles (FFVs). The association said that advancing ethanol use would help cut carbon emissions, boost farmer incomes, and support India’s net-zero…
The Central Government has expanded investment flexibility for its employees by allowing up to 75% equity allocation under the National Pension System (NPS) and the Unified Pension Scheme (UPS). This move aligns government subscribers with their private-sector counterparts, who already enjoyed similar high-equity investment options. More Investment Freedom…
SBI Mutual Fund and ICICI Prudential Mutual Fund have reopened subscriptions in their respective Silver ETF Fund of Fund (FoF) schemes following a brief suspension prompted by inflated domestic silver prices that had outpaced global benchmarks. Subscriptions Resume After Temporary Pause SBI Mutual Fund restarted accepting investments in…
The Housing and Urban Development Corporation Ltd (HUDCO) has signed a Memorandum of Understanding (MoU) with the Indian Institute of Management Calcutta (IIMC) to strengthen collaboration in education, research, and professional training. The agreement was formalised on October 28, 2025, in New Delhi. The partnership aims to leverage…
Arisinfra Solutions Limited has announced two strategic partnerships — with Mumbai-based Transcon Group and Bengaluru-based Amogaya Projects — aimed at unlocking over ₹12,000 crore in real estate value. The move represents a significant step in Arisinfra’s journey to expand its integrated business model, which blends material supply with…
NVIDIA Corp. and Nokia Corporation have announced a strategic partnership under which NVIDIA will invest $1 billion in Nokia, acquiring a 2.9% stake in the Finnish telecom equipment maker. The investment, priced at $6.01 per share, represents a significant step toward deepening collaboration in AI-driven radio access networks…
Oil India Limited (OIL), the state-owned energy major, is reportedly unable to repatriate nearly $300 million in dividend income from its Russian oil investments following the imposition of US sanctions on key Russian energy firms. According to Chairman Ranjit Rath, the company is actively exploring legal and diplomatic…
Shree Cement Ltd, one of India’s leading cement manufacturers, has revised its capacity expansion timeline while reporting a strong performance in the second quarter of FY26. The company now targets a cement production capacity of 80 million tonnes by FY29, shifting its earlier target to align with evolving…