Engineering, procurement and construction company, Capacit’e Infraprojects Ltd, on Tuesday (July 14), said it has secured a work order worth approximately ₹482 crore, excluding taxes and cess, from Twenty-Five Downtown Realty Limited. The order involves construction of civil works and civil finishes for Tower T5 at Mahalaxmi, Mumbai, under the Super High-Rise category. The project…
Punjab-based IOL Chemicals and Pharmaceuticals Ltd on Tuesday (July 14) said its Clopidogrel Bisulfate API has received approval from the Centre for Drug Evaluation (CDE) of the National Medical Products Administration (NMPA), China. The approval was granted on July 14, 2026, underlining the company’s regulatory clearance for the active pharmaceutical ingredient (API) product in China….
RPG Group firm and global infrastructure major KEC International Ltd on Tuesday (July 14) said it has secured new orders worth ₹1,180 crore across its Transmission & Distribution (T&D), Renewables, Civil, and Cables & Conductors businesses. The company secured its first transmission line order to power a data centre in India under its T&D business….
ICICI Lombard General Insurance Company Ltd on Tuesday (July 14) said it has received an arbitration award directing the company to pay ₹776.73 million (₹77.67 crore) to an insured party, along with interest at 7.5% per annum from the date of filing of the Statement of Claim until the date of payment. The arbitration award…
Drone technology company ideaForge Technology has successfully raised ₹500 crore through Qualified Institutional Placement (QIP), and it plans to use the proceeds to fund the company’s next phase of growth and strengthen its working capital. The company allotted a total of 62,89,308 equity shares of a face value of ₹10 each at an issue price…
Vedanta AGM 2026: Vedanta’s non-executive chairman Anil Agarwal reiterated that all five of the company’s demerged businesses possess the potential to achieve a valuation of $100 billion each. Vedanta AGM 2026: Highlighting the conglomerate’s ambitious expansion strategy on Tuesday, July 14, Vedanta’s non-executive chairman Anil Agarwal reiterated that all five of the company’s demerged businesses…
Ather Energy share in focus Ather Energy shares are likely to remain in focus after Hero MotoCorp announced a fresh investment of Rs 1,000 crore in the electric two-wheeler maker through a preferential allotment. The investment boosts the Hero’s long-term commitment to Ather, where it is already the largest shareholder. While Hero MotoCorp shares ended…
Automotive components maker Belrise Industries Ltd on Tuesday (July 145) launched a Qualified Institutional Placement (QIP) to raise up to ₹1,200 crore, with an upsize option. The company has fixed the floor price at ₹230.79 per share for the issue. It may offer a discount of up to 5% on the floor price, implying an…
The development comes as India’s acquisition financing market continues to expand. Recently, the Reserve Bank of India (RBI) allowed domestic lenders to finance up to 75% of the value of corporate acquisitions, a move expected to intensify competition between Indian banks, global lenders and private credit funds in the country’s fast-growing deal financing market. Source…
Established in 2019, the Mehta Family Trust has Juhi Chawla and her husband, industrialist Jay Mehta, as its trustees. Sebi noted that while the proposed indirect acquisition would typically trigger a mandatory open offer under prevailing Takeover norms, the capital markets watchdog approved the exemption after observing that the transaction is an internal reorganisation within…
