Adani Green Energy Limited (AGEL) has been actively expanding its renewable energy portfolio with significant milestones achieved in March 2025. The company has commissioned multiple solar power projects and secured a long-term power supply contract. This chronological overview details the key events that have reinforced AGEL’s position as a leader in the renewable energy sector. …
Prestige Estates share price is in focus on Tuesday. This followed its announcement of investing up to ₹1,625.04 crore in Prestige Hospitality Ventures Ltd (PHVL) via a rights issue. PHVL is its wholly-owned subsidiary. This will bolster PHVL’s hospitality business. PHVL’s Financials and Transaction Details PHVL’s turnover was ₹4,161 crore for FY 2024. PHVL was incorporated …
India has taken a significant step forward in renewable energy with the inauguration of its largest solar cell manufacturing gigafactory. Waaree Energies Ltd. has established a state-of-the-art facility in Chikhli, Gujarat, with a production capacity of 5.4 GW. This milestone strengthens India’s self-reliance in solar technology and aligns with the nation’s ambitious clean energy goals. …
Rites Limited has secured two major infrastructure contracts that have energised investor confidence. The company won a ₹155.50 crore contract from Numaligarh Refinery Limited (NRL) for developing railway sidings and a ₹157.25 crore contract from Oil India Limited for constructing a Workmen Housing Complex. Key Details of the Contracts The NRL contract involves the development …
Newgen Software Technologies Limited has recently announced three significant contracts—two with international clients (USA and Singapore) and one domestic order in India. These agreements highlight the company’s growing global footprint and expertise in software solutions. Newgen’s International Contract in the USA Agreement Details: Newgen’s US subsidiary (Newgen Software Inc.) secured a contract worth $1.27 million …
RailTel Corporation of India Ltd. has recently secured a significant work order from Ircon International Limited. The contract, valued at ₹1,62,58,96,785 (₹162.58 crore) involves integrated tunnel communication and railway general telecommunication arrangements for the Sivok-Rangpo New Broad Gauge (BG) Rail Line project. This announcement was made in compliance with SEBI regulations, ensuring transparency and disclosure …
Prozeal Green Energy plans to raise nearly ₹700 crore via an IPO. It has filed a draft red herring prospectus (DRHP) with SEBI. The IPO includes a fresh issue of shares worth ₹350 crore. It also includes an offer-for-sale (OFS) of ₹350 crore. Prozeal Green Energy Offer for Sale Details Shobit Baijnath Rai will sell …
HBL Engineering Limited has recently been awarded a significant contract by Central Railway for the implementation of the Kavach railway safety system. This development marks a crucial step in enhancing railway safety and automation in India. The contract, comprising five separate agreements, highlights HBL Engineering’s growing role in the railway infrastructure sector. Details of the …
Aditya Birla Real Estate Ltd (ABREL) has announced the sale of its pulp and paper business to ITC Limited for a total cash consideration of ₹3,498 crore. The strategic move is part of ABREL’s broader plan to concentrate on its core real estate operations. Strategic Divestment for Business Focus In a regulatory filing, ABREL stated …
Kalpataru Projects International Limited (KPIL), a leading engineering and construction company, has announced the acquisition of new contracts worth approximately ₹621 crores. These projects span the Buildings and Factories (B&F) sector and the railway infrastructure segment in India. This development reinforces KPIL’s stronghold in the power and infrastructure industry, aligning with its strategic growth objectives. …
