Steel Exchange India Reports ₹28 Crore Debt Repayment Over Two Quarters
Vishakhapatnam: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has announced a significant update on its debt reduction journey. The Company had availed credit facilities, including term loans and Non-Convertible Debentures (NCDs), in […]
ABD Maestro Expands Premium Gin Portfolio with Launch of ZOYA Pink Mix Berries Gin
Mumbai: ABD Maestro Pvt. Ltd., the super-premium and luxury spirits subsidiary of Allied Blenders & Distillers (ABD), has unveiled ZOYA Pink Mix Berries Gin, a small batch- led extension of the celebrated ZOYA portfolio. The introduction of ZOYA PINK arrives at a time when India’s premium spirits landscape is witnessing strong momentum; driven by a […]
Maharashtra Cabinet Approves Financial Restructuring of MSEDCL; Clears Bifurcation and IPO Plan
Mumbai: In a landmark decision aimed at strengthening the power distribution sector and enhancing operational efficiency, the Maharashtra State Cabinet, chaired by Chief Minister Devendra Fadnavis, has approved the financial restructuring of Maharashtra State Electricity Distribution Company Limited (MSEDCL), also known as Mahavitaran. As part of the approved plan, MSEDCL will be restructured into two […]
Union Cabinet approves construction of 1200 MW Kalai-II Hydro Electric Project on Lohit river; THDC to complete project with Arunachal Pradesh Govt
Rishikesh: The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, has approved investment of Rs.14,105.83 crore for construction of Kalai-II Hydro Electric Project (HEP) on Lohit river in Anjaw District of Arunachal Pradesh. The estimated completion period for the project is 78 months. The project with an installed capacity of 1200 […]
KEC International wins New Orders of Rs. 2,518 crores
Mumbai: KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 2,518 crores across various businesses: Civil The business has secured its largest-ever Commercial Real Estate order from a leading real estate developer in Western India. Transportation The business has secured an order in JV […]
NTPC Signs Non-Binding MoU with Électricité de France (EDF) for Cooperation in Nuclear Power
New Delhi: NTPC Limited has signed a Non-Binding Memorandum of Understanding (MoU) with Électricité de France (EDF) to explore cooperation in developing new nuclear power projects in India. This follows approval from the concerned ministries & departments of the Government of India. The MoU was signed by Mr Arnada Prasad Samal, CGM (Nuclear Cell), on […]
Colgate Makes Preventive Dental Care Accessible to All with FREE Dental Check-Ups
Mumbai: There is no health without Oral Health. ’On the occasion of World Health Day, Colgate-Palmolive (India) Limited is strengthening its Oral Health Movement to make preventive dental care more accessible, enabling people across India to access expert guidance by offering free dental check-ups. The initiative builds on the movement’s success in 2024-25, which has […]
MUFG Bank Invests in 471.1 Million Equity Shares of Shriram Finance
New Delhi: MUFG Bank, Ltd. (“MUFG Bank”), a consolidated subsidiary of Mitsubishi UFJ Financial Group, Inc. (“MUFG”), has today completed its investment in Shriram Finance Limited (“SFL”), one of India’s leading non-banking financial companies. This follows the approval by SFL’s Board of Directors, at its meeting held today, of the allotment of equity shares to […]
RHI Magnesita Honoured with CSR Award by Government of Andhra Pradesh for Leadership in Inclusive Development
Gurugram: RHI Magnesita, the leading manufacturer and supplier of high-grade refractory products, systems, and solutions, has received the prestigious ‘CSR Award’ from the Government of Andhra Pradesh, presented by the Chief Minister, N. Chandrababu Naidu; for its impactful contribution to the state’s P4 (Public–Private–People Partnership) initiative, recently. The award was received by Abhishek Sharma, Head […]
Zydus receives final approval from USFDA for Dapagliflozin Tablets, 5 mg and 10 mg
Ahmedabad: Zydus Lifesciences Limited (“Zydus”) has received final approval from the United States Food and Drug Administration (USFDA) for Dapagliflozin Tablets, 5 mg and 10 mg (USRLD: Farxiga® Tablets, 5 mg and 10 mg). Dapagliflozin is a sodium-glucose cotransporter 2 (SGLT2) inhibitor indicated as an adjunct to diet and exercise to improve glycaemic control in […]