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New Delhi, Mar 31 (PTI) Realty firms Signature Global (India) Ltd and RMZ group have entered into an equal joint venture to develop a commercial project in Gurugram, with the latter infusing Rs 1,293 crore for a 50 per cent stake. In February this year, Signature Global announced a partnership with RMZ Group to develop an 18-acre commercial project with a total investment of around Rs 7,500 crore. The project will have a leasable area of 55 lakh square feet, of which about 35 lakh sq ft would ...Read More >
Mumbai: Kotak Mahindra Prime Limited (KMPL), a leading vehicle finance company and a subsidiary of Kotak Mahindra Bank Limited, has announced a leadership transition approved by its Board of Directors. The Board has appointed Mr. Suraj Rajappan as Managing Director & Chief Executive Officer for a term of three years, effective June 1, 2026, subject to approval of members. Mr. Suraj Rajappan began his career with Kotak Mahindra Prime Limited and brings 24 years of cross‑functional experience acr ...Read More >
JSW Steel share price is steady in trade today afterJapan's JFE Steel Corporation invested Rs 7,875 crore to acquire a 25% stake in JSW Kalinga Steel, marking the first tranche of its investment under the joint venture agreement. JFE is set to invest an additional Rs 7,875 crore to acquire another 25% stake, which will take its total holding to 50%, in line with the joint venture agreement signed between the two companies. "Consequent to the aforesaid allotment and changes to board composition ...Read More >
Synopsis: NLC India JV begins coal production at Pachwara South block in Jharkhand, with 9 MTPA capacity, strengthening fuel supply for the 3×660 MW Ghatampur thermal power project. NLC India has commenced coal production at the Pachwara South Open Cast Mine in Jharkhand, marking a key operational milestone for the state-run energy company. NLC India Pachwara South coal block: NLC India Ltd (NLCIL) announced that coal production has commenced at the Pachwara South Open Cast Mine in Jharkhand o ...Read More >
The new policy provides for time-bound expedited clearance -- within 60 days -- of investments in specific sectors, manufacturing of capital goods, electronic components, and polysilicon and ingot-wafers. "CoS [committee of secretaries] under the Cabinet Secretary may also revise the list of specified sectors," the statement added. "... the majority shareholding and control of the investee entity will be with resident Indian citizen(s) and/or resident Indian entity(ies) owned and controlled by ...Read More >
India introduces heightened scrutiny for all investments from China in 2020 ShowQuick Read Summary is AI-generated, newsroom-reviewed * India eased restrictions on Chinese investments in select sectors in 2026 to rebuild ties with Beijing * India introduced strict scrutiny on border country investments, including China, in April 2020 during COVID-19 * India banned 59 Chinese apps in June 2020 citing national security concerns Did our AI summary help? Let us know. Switch To Beeps Mode In ...Read More >
New Delhi [India], March 11 (ANI): Proposals for investments from Land Bordering Countries (LBC) in specified sectors or activities, that include rare earth permanent magnets, shall be processed and decided within 60 days under the relaxed FDI norms under the Press Note 3, government officials said on Wednesday. Among other sectors that would benefit are capital goods, electronic capital goods, electronic components, polysilicon and ingot-wafer. Committee of Secretaries (CoS) under the Cabinet ...Read More >
he new tariff structure will benefit consumers across 312 geographical areas. New Delhi: Consumers across India are set to benefit from reduced prices of Compressed Natural Gas (CNG) and domestic Piped Natural Gas (PNG) as the Petroleum and Natural Gas Regulatory Board (PNGRB) announced a tariff rationalisation that will come into effect from January 1, 2026. In an exclusive interview, AK Tiwari, Member, PNGRB, said that the new unified tariff structure will result in savings of Rs 2-3 per un ...Read More >
New Delhi: Parliament on Wednesday passed a bill to raise FDI in the insurance sector to 100 per cent from the current 74 per cent, which is expected to increase insurance penetration, lower premiums, and boost job creation. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, was cleared by the Rajya Sabha with a voice vote, a day after it was passed by the Lok Sabha. The House also rejected several amendments made by the Opposition to the bill, including the one to send the ...Read More >
New Delhi, Dec 17 (PTI) Parliament on Wednesday passed a bill to raise FDI in the insurance sector to 100 per cent from the current 74 per cent, which is expected to increase insurance penetration, lower premiums, and boost job creation. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, was cleared by the Rajya Sabha with a voice vote, a day after it was passed by the Lok Sabha. The House also rejected several amendments made by the Opposition to the bill, including the one ...Read More >
New Delhi: Consumers across India are set to benefit from reduced prices of Compressed Natural Gas (CNG) and domestic Piped Natural Gas (PNG) as the Petroleum and Natural Gas Regulatory Board (PNGRB) announced a tariff rationalization that will come into effect from January 1, 2026. In an exclusive interview, AK Tiwari, Member, PNGRB, said that the new unified tariff structure will result in savings of Rs 2-3 per unit for consumers, depending on the state and applicable taxes. The regulator has ...Read More >
MONTREAL - Loop Industries, Inc. (NASDAQ:LOOP) announced Tuesday that its India joint venture ELITe has awarded the detailed engineering contract for its Infinite Loop India project to Toyo Engineering India Private Limited. The company, currently trading at $0.96 per share with a market capitalization of $46.36 million, is moving forward with this strategic project despite recent stock volatility. This contract represents the final engineering phase before construction begins on the facility, ...Read More >
NEW DELHI -- At least half a dozen executives from top Indian arms makers, including Adani Defense and Bharat Forge, attended rare meetings in Russia this year to discuss potential joint ventures, three people familiar with the matter said. The meetings took place during the first visit of India's defense business leaders to Russia since Moscow's 2022 invasion of Ukraine. The visit by the defense business leaders had not previously been reported. The Indian government is seeking to reorientate ...Read More >
Tata Power plans a significant capital expenditure of Rs 25,000 crore annually until FY30, with 65% dedicated to clean energy projects. The company aims to nearly triple its clean and green capacity to 20 GW by March 2031 and expand its customer base in the distribution segment to 40 million by 2030. Tata Power on Monday said it is aiming for a capex of Rs 25,000 crore in the current fiscal year and will look to maintain the same annual spend till FY30. As per an investor presentation, 65 per ...Read More >
NEW DELHI: At least half a dozen executives from top Indian arms makers, including Adani Defence and Bharat Forge, attended rare meetings in Russia this year to discuss potential joint ventures, three people familiar with the matter said. The meetings took place during the first visit of India's defence business leaders to Russia since Moscow's 2022 invasion of Ukraine. The visit by the defence business leaders had not previously been reported. The Indian government is seeking to reorientate ...Read More >
NEW DELHI, Dec 9 (Reuters) - At least half a dozen executives from top Indian arms makers, including Adani Defence and Bharat Forge, attended rare meetings in Russia this year to discuss potential joint ventures, three people familiar with the matter said. The meetings took place during the first visit of India's defence business leaders to Russia since Moscow's 2022 invasion of Ukraine. The visit by the defence business leaders had not previously been reported. The Indian government is seeking ...Read More >
NEW DELHI, Dec 9 - At least half a dozen executives from top Indian arms makers, including Adani Defence and Bharat Forge, attended rare meetings in Russia this year to discuss potential joint ventures, three people familiar with the matter said. The meetings took place during the first visit of India's defence business leaders to Russia since Moscow's 2022 invasion of Ukraine. The visit by the defence business leaders had not previously been reported. The Indian government is seeking to reorie ...Read More >
SEPC inked a memorandum of understanding (MoU) for the execution of a mining project worth Rs 3,300 crore in Madhya Pradesh. As per the company's regulatory filing, the MoU is with the JARPL-AT Consortium, jointly formed by Jai Ambey Roadlines and Avinash Transport for a mining project awarded by South Eastern Coalfields. The project pertains to the Rampur Batura Opencast Coal Mine Project, located in the Sohagpur Area of Shahdol district, Madhya Pradesh. The aggregate contract value of the pro ...Read More >
. New Delhi: The amended atomic energy bill was tabled in LS Monday, paving way for a huge policy shift in India's atomic sector that is expected to accelerate civil nuclear energy production by opening doors for private players. The sector has till now been the preserve of govt enterprises.Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, 2025, introduced by MoS for department of atomic energy Jitendra Singh in the House, seeks to repeal Atomic Energ ...Read More >
Mumbai: Mutual fund profitability could come under pressure with the size of assets under management growing, but a fall in unitholders' fees could compensate for this squeeze, said Nimesh Shah, MD and CEO of ICICI Prudential Asset Management Company, whose ₹10,600 crore Initial Public Offer (IPO) is open for subscription. The issue, which will close on December 16 (Tuesday), was subscribed 2.11 times on Monday-- the second day of the offer. "As the size of the fund grows, margins are coming do ...Read More >
NEW DELHI, Dec 15: Minister of Science & Technology Dr Jitendra Singh today introduced the landmark Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill, 2025 , that is "SHANTI" Bill 2025, in Parliament on Monday. The Bill aims to repeal both the Atomic Energy Act, 1962 and the Civil Liability for Nuclear Damage Act, 2010 and open India's highly restricted nuclear power sector to private participation. Last week, the Union Cabinet gave nod to the landmark atomic ...Read More >
Srinagar: Labour-related issues have triggered a crisis at the Ratle hydropower project in J&K's Kishtwar, bringing into loggerheads the local BJP MLA and executives of Megha Engineering and Infrastructure Ltd (MEIL) that is constructing the dam. MEIL executive in charge of the project Harpal Singh has accused MLA Shagun Parihar of threatening, interfering with and creating hurdles in the project by instigating people against the company. Pahihar retorted by saying that Singh was exploiting lab ...Read More >
Srinagar: Chief Minister Omar Abdullah on Monday said the power projects under execution in Jammu and Kashmir are projects of national importance and law-enforcing agencies should take action against anyone obstructing the construction. "There should be no (political) interference and it should be viewed very seriously," Abdullah told reporters on the sidelines of a function here. The chief minister was responding to reports that the company executing the Ratle Power Project in Kishtwar distri ...Read More >
New Delhi: The Government of India is implementing major hydropower and renewable energy initiatives in the Union Territory of Jammu and Kashmir to strengthen power infrastructure and promote clean energy, the Union Minister of State for Power and New & Renewable Energy, Shripad Naik, informed the Rajya Sabha today in a written reply. The Minister stated that NHPC Limited, a Central Public Sector Enterprise under the Ministry of Power, is implementing four major hydropower projects in Jammu and ...Read More >
NLC India Ltd. (NLCIL) has received a Letter of Acceptance (LoA) from the National Capital Region Transport Corporation Limited (NCRTC) for setting up a 110 MW grid-connected solar PV Power Project in Uttar Pradesh under captive mode. NCRTC, a joint venture between Government of India and the States of Delhi, Haryana, Rajasthan and Uttar Pradesh, is developing the project to power its entire Regional Rapid Transit System corridor. NLCIL said the LoA has been issued, pursuant to the competitive ...Read More >
NEW DELHI: India on Monday set in motion steps to end decades of state control over nuclear power, by introducing a bill in parliament that would allow private firms to build and operate plants as the government seeks to make atomic energy central to its clean energy push. Foreign companies in a joint venture with Indian companies could apply for a licence if selected to do so by the government. India's nuclear sector has been tightly guarded since its first reactor went online in 1969, shaped ...Read More >
NLC India Renewables Limited (NIRL), a subsidiary of NLC India Ltd. (NLCIL), has signed a Joint Venture agreement with PTC India Limited (formerly Power Trading Corporation) at Neyveli for establishment of a green energy venture. According to a press release, the joint venture between PTC India Limited and NLCIL, which is expanding its portfolio in renewable energy, will undertake the establishment, operation, and maintenance of renewable energy projects, including solar, wind, hydro, battery e ...Read More >
NLC India Renewables Limited (NIRL), a wholly owned subsidiary of NLC India Limited (NLCIL), has entered into a landmark Joint Venture Agreement (JVA) with PTC India Limited, formerly known as Power Trading Corporation, on December 12, 2025, at Neyveli. This agreement follows the Memorandum of Understanding (MoU) signed by the two organizations on September 8, 2025, and represents a significant step in the expansion of NLCIL's renewable energy portfolio. The signing ceremony was attended by key ...Read More >
New Delhi, Dec 15 (SocialNews.XYZ) As Prime Minister Narendra Modi embarked on a three-nation visit to Jordan, Ethiopia and Oman on Monday, bolstering economic and trade ties is among the key agenda items of his visit. PM Modi's visit is expected to open far-reaching opportunities to enhance the country's economic footprint across West Asia and Africa. Last week, the Union Cabinet, chaired by the Prime Minister, approved the proposed Free Trade Agreement (FTA) between India and Oman, aimed at ...Read More >
(RTTNews) - Indian shares were moving lower on Monday amid concerns over persistent selling by FIIs and renewed uncertainty around U.S.-India trade negotiations. Global sentiment also remains fragile as investors continue to reduce exposure to tech stocks on valuation concerns. The benchmark BSE Sensex was down 320 points, or 0.4 percent, at 84,946 in early trade, while the broader NSE Nifty index dipped 105 points, or 0.4 percent, to 25,941. Among the prominent decliners, TMPV, Power Grid Co ...Read More >
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