Sunita Tools Limited Acquires Second Factory For Defence Expansion
Mumbai: Sunita Tools Limited, a recognized leader in the mould base industry and an emerging manufacturer of defence products, announced the acquisition of a second factory building on rent in Faridabad as part of its planned expansion initiative. The facility will house Line 2 for the manufacturing of artillery shells, with possession already taken and installation […]
Srigee DLM Limited Reports Steady H1 FY 2025-26 Performance Amid Softer Demand
New Delhi: Srigee DLM Limited (BSE: SRIGEE), a provider of comprehensive end-to-end plastic manufacturing solutions, announced its unaudited financial results for the half year ended September 30, 2025 (H1 FY 2025-26), as approved by the Board of Directors. Key Financial Highlights – H1 FY 2025-26 Total Income: ₹2,141.98 Lakhs Revenue from Operations: ₹2,088.21 Lakhs EBITDA: […]
Mobavenue AI Tech Board Approves ₹100 Crore Capital Raise To Drive Strategic Acquisitions, Technology Enhancement, And Global Expansion
Mumbai: Mobavenue AI Tech Limited (formerly Lucent Industries Limited), an AI-powered technology platform enabling digital growth for businesses, announced that its Board of Directors has approved raising approximately ₹100 crore through a preferential issue of 9,19,117 equity shares. The move, subject to shareholder and regulatory approvals, was finalized in the board meeting held on November […]
OIL Achieves Safe Capping Of Well 76 At Kharsang
New Delhi: Oil India Limited (OIL) has successfully capped Well KSG#76 at the Kharsang Oil Field (KOF) in Changlang district, Arunachal Pradesh, operated by GeoEnpro Petroleum Ltd (GEPL). The operation marks a significant milestone in OIL’s well control efforts after a blowout on 30 October 2025 caused uncontrolled gas release during service operations. OIL’s Crisis […]
TCS Secures $1Bn Investment From TPG To Accelerate AI Data Center Business HyperVault
Mumbai: Tata Consultancy Services, a global leader in IT services, consulting, and business solutions, has announced a landmark strategic partnership with TPG, a leading global alternative asset management firm, to fuel the growth of its AI data center business, HyperVault. The $1 billion investment will support HyperVault’s ambitious plan to establish GW-scale AI-ready infrastructure, positioning […]
ENGIE Secures 280 MW Battery Storage In Gujarat, Expands India Portfolio To 2.75 GW
Gujarat: ENGIE, a global leader in low‑carbon energy and services, has achieved a major milestone in its India journey with the successful award of 280 MW / 2 hours of battery storage capacity in the Gujarat Urja Vikas Nigam Limited (GUVNL) auction. This allocation, part of the 2 GW / 4 GWh national tender, is […]
MAN Industries Signs Landmark MoU With Aramco Asia India To Boost Energy Sector Collaboration
Mumbai: MAN Industries (India) Limited, one of India’s leading manufacturers of API-grade large-diameter carbon steel pipes and a trusted global supplier to the energy and infrastructure sectors, has announced the signing of a landmark Memorandum of Understanding (MoU) with Aramco Asia India Pvt. Ltd. (AAI). The MoU, signed on 19 November 2025, represents a significant milestone […]
boAt Triples Localisation in Two Years, Boosts India Production to 76% of Total Output
New Delhi: boAt, one of India’s leading consumer technology brands, has announced a significant milestone in its manufacturing transformation, with local production surging from 39.65% in FY23 to 75.83% in Q1 FY26. This represents a threefold increase in localisation within just two years, underscoring the company’s commitment to its “Make in India” strategy and its ambition […]
Jindal Stainless Targets Training 5 Lakh+ MSMEs by 2030 Through Stainless Academy
New Delhi: Jindal Stainless, India’s largest stainless steel producer, has announced an ambitious plan to train and upskill over 5 lakh MSMEs by 2030 through its flagship initiative, the Stainless Academy. This milestone aligns with national programs like Make in India and Skill India, reinforcing the company’s commitment to building a future-ready workforce for India’s fast-growing […]
ACME Solar Commissions Second Phase of 100 MW Wind Power Project in Gujarat, Adds 16 MW to Operational Capacity
New Delhi: ACME Solar Holdings Limited (ACME Solar), one of India’s leading renewable energy developers, has successfully commissioned an additional 16 MW of its 100 MW wind power project located in Surendranagar, Gujarat. This marks the second phase of the project, following the commissioning of 28 MW in October 2025. With this milestone, the project’s […]