Omaxe Fully Repays ₹700+ Crore Debt to Samman Capital Ahead of Schedule
New Delhi: Omaxe Group, one of India’s leading real estate developers, has successfully repaid its entire ₹700+ crore debt exposure to Samman Capital (formerly Indiabulls Housing Finance) ahead of schedule. The repayment, funded through project cash flows, highlights the company’s strong financial discipline, prudent cash flow management, and commitment to sustainable growth. The association with Samman […]
Transrail Secures ₹822 Crore New Orders, Expands Into GCC Region
Mumbai: Transrail Lighting Limited (BSE: 544317, NSE: TRANSRAILL), a leading turnkey EPC player in Power Transmission & Distribution (T&D) with diversified operations across Civil, Railways, Poles & Lighting, and Solar EPC, has announced fresh order wins worth ₹822 crore. The new contracts include a major international project for turnkey EPC of a 400 kV Transmission Line […]
Navitas and Cyient Semiconductors Forge Strategic Partnership to Accelerate GaN Adoption in India
Hyderabad: Navitas Semiconductor Corporation (Nasdaq: NVTS), a global leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors, has announced a long-term strategic partnership with Cyient Semiconductors Private Limited, a fast-growing provider of ASIC, ASSP, and power solutions. The collaboration aims to advance GaN adoption in India and establish a complete end-to-end […]
Torrent Power Signs Long-Term LNG Deal With JERA
New Delhi: Torrent Power Ltd (TPL) has entered into a landmark long-term Sale and Purchase Agreement (SPA) with JERA Co., Inc., Japan’s largest power generation company and a global leader in the LNG value chain. Under the agreement, JERA will supply up to 0.27 MMTPA of LNG to Torrent Power for a period of 10 […]
Putin in Delhi: A New Chapter in Strategic Autonomy
New Delhi: As Vladimir Putin’s aircraft touched down in New Delhi, the imagery carried unmistakable symbolism. This was the Russian President’s first visit to India since the onset of the Ukraine conflict—and rather than hesitation, he was greeted by a warm, familiar embrace from Prime Minister Narendra Modi. The moment was more than choreography; it […]
Dassault Aviation and Dynamatic Technologies Sign Agreement to Manufacture Rear Fuselage of Falcon 6X
New Delhi: Dassault Aviation and Dynamatic Technologies Limited (DTL) have entered into a strategic agreement to manufacture and assemble the complete rear fuselage (Section 5) of Dassault’s latest business jet, the Falcon 6X. This milestone builds on Dynamatic’s successful industrialisation of the rear fuel tank, which has already entered commercial production with deliveries made to […]
Biocon Limited Announces Integration of Biocon Biologics to Create Unified Global Biopharmaceutical Leader
Bengaluru: Biocon Limited (BSE: 532523, NSE: BIOCON), an innovation-led global biopharmaceutical company, has announced a landmark corporate action to fully integrate Biocon Biologics Limited (BBL) as a wholly owned subsidiary, subject to regulatory approvals. The move follows a comprehensive evaluation by Biocon’s Strategy Committee, which considered multiple strategic options including an IPO and merger. The Committee […]
Cyient Semiconductors Qualifies for Key Bid in SCL–Mohali Revamp
Hyderabad: Cyient Semiconductors, a leader in custom ASIC turnkey and intelligent power solutions, has announced its qualification for a pivotal contract in the ₹4,500-crore modernization initiative at the Semi-Conductor Laboratory (SCL), Mohali. The mandate includes the supply and qualification of technology IPs and design enablement, positioning the company as a key contributor to India’s semiconductor […]
Thomas Cook India Expands Foreign Exchange Network, Opens First Outlet in Varanasi
Mumbai: Thomas Cook (India) Limited, India’s leading omnichannel forex services company, has announced the opening of its first foreign exchange outlet in Varanasi, strengthening its presence in Uttar Pradesh with a total of five outlets across the state. This expansion is aimed at tapping into the growing forex demand in the region and enhancing consumer access […]
IFC Invests ~US$ 50 Million in GFCL EV for India’s First Integrated Battery Materials Facility
New Delhi: Gujarat Fluorochemicals Limited (GFL), India’s leading fluorochemicals company, has announced a landmark partnership with the International Finance Corporation (IFC), a member of the World Bank Group. IFC will invest approximately US$ 50 million in GFL’s subsidiary GFCL EV Products Limited (GFCL EV) through compulsorily convertible instruments to establish India’s first integrated battery materials […]