ONGC NTPC Green Pvt Ltd (ONGPL), a 50:50 joint venture between NTPC Green Energy Ltd (NGEL) and ONGC Green Ltd, has successfully completed the acquisition of a 100% equity stake in Ayana Renewable Power for Rs 6,248.50 crore. The acquisition, finalized on…

Havells India Limited has announced a ₹600 crore strategic minority investment in Goldi Solar Private Limited, marking its most significant move into the renewable energy sector. The deal will give Havells an 8.90% to 9.24% stake, depending on the final size…

Wistron, a Taiwan-based electronics manufacturing services (EMS) company, has selected Shapoorji Pallonji, a leading Indian Construction Company, to build a state-of-the-art laptop manufacturing plant in Bengaluru, Karnataka.

Wistron, a leading EMS company…

NTPC plans to add 30 GW of coal-based thermal capacity by 2031-32 to meet India's rising power demand. It has increased its capacity addition target from 26 GW to 30 GW, driven by the country's growing need for power consumption.

The additional capacity…

In a landmark move to reshape the global luxury landscape, Prada has agreed to acquire Versace from Capri Holdings for $1.37 billion, including debt. The deal, announced on April 10, marks a significant discount from the $2.15 billion Capri (then Michael…

JSW Group is establishing a green steel facility in Salav, Maharashtra, to produce steel for export to the European Union (EU), aligning with the EU's Carbon Border Adjustment Mechanism (CBAM) requirements.

The green steel plant will have a production capacity…

In a major boost to Bihar’s industrial development, Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Retail, has announced plans to establish a state-of-the-art Campa Cola manufacturing facility in the state. This marks a historic step…

ITC has announced its plan to acquire Sresta Natural Bioproducts Private Limited (SNBPL), the company behind the popular organic food brand 24 Mantra Organic, for approximately Rs 472.50 crore. The acquisition involves a 100% stake and will be executed through…

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French energy giant Engie has announced plans to invest €1 billion (approximately INR 9,000 crore) in India’s renewable energy sector during the current fiscal year. This move underscores India’s growing appeal as a global destination for clean energy investments…

Daikin, the Japanese air-conditioning giant, has made a big move by investing ₹500 crore in a brand-new research and development (R&D) centre at Neemrana in Rajasthan. This new hub is set to focus on creating products not just for India but also for global…

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In a major step towards green energy, Indian Oil Corporation Limited (IOCL) and GPS Renewables have entered into a 50:50 joint venture to establish almost 10 Compressed Biogas (CBG) plants in India. In this partnership, the organic waste is to be converted…

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KFin Technologies has taken a strategic leap toward global expansion by announcing the acquisition of a 100% stake in Ascent Fund Services (Singapore) Pte. Ascent Fund is an independent, full-suite global fund administrator servicing alternative investment…

Walmart is strengthening its technology backbone in India by setting up a second Global Capability Centre (GCC) in Chennai. The retail giant has leased approximately 465,000 square feet of office space at the International Tech Park Chennai (ITPC). This follows…

Adani Group aims to invest $10 billion in expanding its data center capacity, highlighting its commitment to capitalizing on the increasing demand for artificial intelligence (AI).

The move is part of the group's broader strategy to enhance its presence…

Central banks guide economies by controlling money flow.

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