Stay updated with the latest subsidiary news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on subsidiary topics.
NEW DELHI : Bharti Airtel on Monday announced an investment of $1 billion by Alpha Wave Global, Carlyle and Anchorage Capital, through their affiliates, in Nxtra Data, the telecom company's subsidiary in the data centre business.Airtel will also participate in the round as part of Nxtra's efforts to expand its network across the country and accelerate growth.As part of the pact, Alpha Wave Global will invest $435 million, Carlyle $240 million, Anchorage Capital $35 million, with the rest coming ...Read More >
New Delhi, Mar 30 (PTI) Bharti Airtel on Monday announced that its subsidiary Nxtra Data has secured investment of USD 1 billion led by Alpha Wave Global, Carlyle, and Anchorage Capital. Airtel, which will also participate in the investment round, will continue to retain a controlling stake in Nxtra. As part of the pact, Alpha Wave Global will invest USD 435 million, Carlyle USD 240 million, Anchorage Capital USD 35 million, with the rest being infused by Airtel. Nxtra will be valued around U ...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 >
New Delhi, Mar 30 (PTI) Gaming and sports media firm Nazara Technologies on Monday said its board has approved a proposal to raise Rs 500 crore through a preferential issue of warrants. The funds raised through the instrument will mainly support strategic acquisitions, including the recently announced deals for Bluetile and BestPlay, and accelerate growth across the company's existing business verticals. The company will issue up to 1.92 crore (1,92,31,000) warrants at Rs 260 apiece, which inc ...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 >
Aviation turbine fuel (ATF), which accounts for nearly 40% of an airline's operating costs, "has seen significant price escalation due to supply interruptions" since early March, the group said in a statement. Globally, jet fuel prices have roughly doubled since the conflict began, surging from around $85-90 a barrel to between $150 and $200. Airlines in other regions have moved to pass on the cost too. Australia's Qantas, Scandinavia's SAS and Air New Zealand announced fare hikes or temporary ...Read More >
HYDERABAD: Cyient Semiconductors, a wholly owned subsidiary of Cyient Ltd, is acquiring over 65% stake in San Jose headquartered power semiconductor player Kinetic Technologies for a total cash consideration of up to $93 million (approx. Rs 846 crore). The transaction, which is subject to customer closing conditions, is expected to be completed by April 30, 2026.Cyient Semiconductors Singapore Pte Ltd, which is a wholly owned subsidiary of Cyient Semiconductors Private Limited, has entered into ...Read More >
New Delhi [India], December 17 (ANI): State-owned power generation company NTPC on Wednesday declared commercial capacity addition of 359.58 MW through its various solar projects of its subsidiaries in the states of Gujarat & Rajasthan, taking the Group commercial capacity of over 85.5 GW. NTPC has declared commercial operation date (COD) of part capacity of 243.66 MW out of 1255 MW Khavda -1 Solar PV project in Gujarat of NTPC Renewable Energy Ltd, a stepdown subsidiary of NTPC through its sub ...Read More >
Gujarat Kidney & Super Speciality IPO | It is raising up to Rs 250.8 crore via IPO, which comprises of entirely fresh issue of 2.2 crore equity shares, at a valuation of nearly Rs 900 crore Gujarat Kidney & Super Speciality, the Gujarat-based multispeciality hospitals chain, has fixed price band at Rs 108-114 per share for its initial public offering (IPO) on December 16. It is raising up to Rs 250.8 crore via IPO, which comprises of entirely fresh issue of 2.2 crore equity shares, at a valuat ...Read More >
Vadodara (Gujarat) [India], December 17: Vadodara-based Gujarat Kidney and Super Speciality Limited is a multispecialist company providing healthcare services at several locations in Gujarat. The company is bringing an IPO on the NSE and BSE mainboard to meet its desired capital requirements for the proposed acquisition of Parekhs Hospital in Ahmedabad, partial payment of the purchase consideration for the already acquired "Ashwini Medical Center", financing the company's capital expenditure req ...Read More >
PNN Vadodara (Gujarat) [India], December 17: Vadodara-based Gujarat Kidney and Super Speciality Limited is a multispecialist company providing healthcare services at several locations in Gujarat. The company is bringing an IPO on the NSE and BSE mainboard to meet its desired capital requirements for the proposed acquisition of Parekhs Hospital in Ahmedabad, partial payment of the purchase consideration for the already acquired "Ashwini Medical Center", financing the company's capital expenditur ...Read More >
NEW DELHI: State-owned NTPC Green Energy Limited (NGEL) has commissioned an additional 37.925 MW of solar power capacity at its Khavda Solar Energy Project in Gujarat. In an exchange filing, the company said the newly commissioned capacity represents the fifth phase of the 300 MW Khavda Solar Energy Project, which is being developed by NTPC Renewable Energy Limited, a wholly owned subsidiary of NGEL. The project forms part of NTPC Renewable Energy Limited's 450 MW Hybrid Tranche V Project. ...Read More >
Gujarat Kidney IPO: Gujarat Kidney and Super Speciality, a multispeciality healthcare services provider, is set to launch its initial public offering (IPO) for public subscription on Monday, December 22, 2025. The company aims to raise ₹250.8 crore through a fresh 22 million equity shares. There is no offer for sale (OFS) component. The company has reserved not less than 75 per cent of the net offer for qualified institutional buyers (QIBs), not more than 10 per cent for retail investors, and n ...Read More >
Adani Green Energy shares rose after SEBI dropped insider trading charges against Pranav Adani, Kunal Shah, and Nrupal Shah. The regulator found that trades occurred after acquisition information was publicly available, rendering UPSI allegations unsustainable. No penalties were imposed. Shares of Adani Green Energy Ltd (AGEL) jumped 1.5% to their day's high of Rs 1,055.50 on Monday, December 15, following the closure of insider trading proceedings by the Securities and Exchange Board of India ...Read More >
New Delhi [India], December 16 (ANI): Adani Power Limited on Tuesday said it received recognition for its environmental, social and governance (ESG) performance after an appraisal by NSE Sustainability Ratings and Analytics Limited. The company said it received a score of 65 and was placed in the "Aspiring" category. According to a press release, the rating agency is a subsidiary of NSE Indices Limited and is part of the National Stock Exchange of India group. The appraisal is based on publicly ...Read More >
Ahmedabad, 16 December 2025: Adani Power Limited, India's largest private sector power generator, today said that NSE Sustainability Ratings and Analytics Limited, a subsidiary of NSE Indices Limited and part of the National Stock Exchange of India group, appraised it based on publicly available information and awarded a score of '65', placing the company in "Aspiring" category. Adani Power has been ranked higher than all other major thermal, mixed fuel, and integrated energy companies in a sim ...Read More >
Mumbai: The long legal wait around Vedanta's demerger has finally ended. The Mumbai bench of the National Company Law Tribunal (NCLT) has approved Vedanta Limited's demerger scheme, giving a major boost to the company and its shareholders. With this approval, Vedanta can now move ahead with plans to split its businesses into separate listed companies. All key approvals from shareholders, creditors, and SEBI had already been received earlier. The NCLT clearance was the last major regulatory hurd ...Read More >
Inox Wind's shares are expected to see activity following a new 100-MW order from Jakson Green. This follows a recent 102.3-MW order from ABREL EPC. These orders could significantly boost the company's order book. Inox Wind recently reported its strongest second-quarter results, showing improved execution and profitability. The company is well-positioned for future growth. Shares of Inox Wind Ltd are likely to be in focus on Tuesday, December 16, after the company announced a repeat 100-MW orde ...Read More >
Mumbai, Dec 15 (PTI) The country's largest lender, SBI, has embarked on a focused project to help its customers visiting branches migrate to cost-efficient digital banking channels, a top official said on Monday. Speaking at the launch of a new version of its Yono app, bank chairman C S Setty said the bank has begun an initiative in which dedicated executives or floor managers help customers migrate to the digital channel, which is also very convenient for them. "We already have 3,500 executiv ...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 >
(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 >
Mumbai (Maharashtra) [India], November 17 (ANI): Reliance Retail Limited (RRL) has entered into an exclusive distribution partnership with cosnova Beauty, the Germany-based global cosmetics company, to bring 'essence', Europe's No. 1 cosmetics brand by units sold, to the Indian market. According to a joint statement on Monday, the collaboration strengthens RRL's growing beauty portfolio and will introduce essence's vibrant range of high-quality, affordable, and cruelty-free makeup products to c ...Read More >
New Delhi, Nov 14 (PTI) Inox Wind Ltd (IWL) on Friday posted 43 per cent rise in consolidated net profit to Rs 121 crore for September quarter FY26, mainly on the back of higher revenues. The company had logged a net profit of Rs 84 crore a year ago, a statement said. Revenue rose to Rs 1,162 crore in the quarter from Rs 744 crore in the same period a year ago. IWL's order execution during the quarter increased to 202 MW, with order book at 3.2 GW providing revenue visibility of 18-24 months. ...Read More >
Chennai: Syrma SGS is set to acquire a majority stake in defence and maritime electronics company Elcome Integrated Systems for Rs 235 crore. The acquisition will be through a mix of primary capital infusion and secondary share purchase. The remaining 40% stake will be acquired in multiple tranches over the next three years, linked to performance and earn-out milestones. Elcome operates in navigation, communication, surveillance, and platform automation systems for the Indian defence and maritim ...Read More >
New Delhi, Nov 10 (PTI) NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), on Monday announced a partnership with BENEFIT, Bahrain's leading fintech and electronic financial transactions company, to enable real-time cross-border remittances between India and Bahrain. This linkage will connect India's Unified Payments Interface (UPI) with Bahrain's Electronic Fund Transfer System (EFTS), specifically, Fawri+ service, allowing u ...Read More >
Coal for these plants would be sourced from CIL's Jharkhand-based subsidiary, Central Coalfields Ltd. The estimated project cost is pegged at nearly Rs 21,000 crore and would be on a 50:50 equity sharing basis. The project cost includes the development, construction, and commissioning of both units. The plants are targeted to commence commercial operations by 2031-32, aligning with India's expanding energy demand. State-owned CIL on Friday said it has entered into a partnership with Damodar Val ...Read More >
MS Dhoni-backed Finbud Financial Services, a phygital lending enabler, on Friday said it has fixed a price band of ₹140-142 per share for the ₹71.6 crore initial share sale. The initial public offering (IPO) will open for subscription on November 6 and close on November 10. Bidding for anchor investors will open for a day on November 4, Finbud Financial Services said in a statement. The IPO is entirely a fresh issue of 50.48 lakh equity shares, aggregating to ₹71.68 crore at the upper end ...Read More >
Maruti Suzuki Q2 Results: The company's revenue from operations grew 13% YoY to Rs 42,344.20 crore, up from Rs 37,449.20 crore in the corresponding period of the previous financial year. Automaker Maruti Suzuki India on Friday announced its results for the July-September quarter of FY26, reporting a 7.9% year-on-year (YoY) rise in consolidated net profit to Rs 3,349 crore, compared with Rs 3,102.5 crore in the same quarter last year. The company's revenue from operations grew 13% YoY to Rs 42, ...Read More >
ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 30th Oct, 2025) Abu Dhabi National Energy Company PJSC (TAQA) announced today the divestment of its 100 percent stake in TAQA Neyveli Power Company Private Limited (TAQA Neyveli) to MEIL Energy Private Limited, an affiliate of Megha Engineering & Infrastructures Limited (MEIL), an India-headquartered, large diversified conglomerate with strong business interests in infrastructure, energy and hi-tech manufacturing for a sale consideration of INR ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.