RMC Switchgears Limited has received a ₹320 crore Letter of Acceptance (LOA) from the Government of Rajasthan to install rooftop solar systems across state government buildings in Jaipur and Dausa. This initiative, executed under the Hybrid Annuity Mode (HAM), marks a significant step in India’s renewable energy expansion. Project Overview and Financial Impact The project …
On March 17, 2025, KPIT Technologies shares rose over 2%, reaching a day high of ₹1,245.00 at 09:40 AM after opening at ₹1,212.05. The gain in KPIT Tech shares follows the company’s announcement stating that Qualcom Ventures LLC, will be the third shareholder in Qorix GmbH, the Joint Venture company of KPIT Tech. The company’s exchange filing …
The discovery of an accounting discrepancy worth ₹2,100 crore by the IndusInd Bank has caused disbelief among many depositors. On Saturday, March 15, 2025, the Reserve Bank of India restated its confidence in the bank’s financial position to pacify rising concerns among depositors. Financial Analysis of the IndusInd Bank In Q3 of FY 2024-25, IndusInd …
Transformers and Rectifiers (India) Limited (TARIL) has recently obtained major domestic orders from Gujarat Energy Transmission Corporation Limited (GETCO). The orders total ₹726 crore, inclusive of GST, marking a notable development for TARIL. As of 12:31 PM on March 17, Transformers and Rectifiers (India) Ltd is trading at ₹391.55, up 4.62% today, but down 38.05% …
The Andhra Pradesh Capital Region Development Authority (CRDA) and the Housing and Urban Development Corporation (HUDCO) have signed a ₹11,000 crore loan agreement for the development of Amaravati, the state’s greenfield capital. The deal was formalised in the presence of Chief Minister N Chandrababu Naidu at his residence in Undavalli, Guntur district. HUDCO’s Approval and …
Shares of Solarium Green Energy Limited witnessed a sharp rally on Monday, 17 March 2025, rising as much as 9.17% to an intraday high of ₹248. However, by 10:54 AM, the stock had pared some gains, trading 7.86% higher at ₹245, while the BSE Sensex was up 0.36% at 74,096.89. The surge followed the announcement …
Niraj Cement Structurals Limited has been awarded a ₹268.92 crore contract by the Border Roads Organization (BRO) for constructing a four-lane paved shoulder bypass on NH-01 in Jammu and Kashmir. This 10.9 km Greenfield project, undertaken under Project Beacon, will be executed on an Engineering, Procurement, and Construction (EPC) basis, enhancing regional connectivity. Key Project …
New Delhi, Mar 17 (PTI) Quick commerce platform Swiggy Instamart on Monday said it has expanded its reach to 100 cities across India responding to the growing demand for 10-minute deliveries, particularly in tier II and III cities. With this expansion, millions of new customers now have access to over 30,000 products, from groceries and …
Mumbai, Mar 17 (PTI) The Bombay High Court on Monday discharged Adani Group Chairman Gautam Adani and Managing Director Rajesh Adani from a case of alleged violations of market regulations involving nearly Rs 388 crore. The Serious Fraud Investigation Office (SFIO) in 2012 initiated the case against the Adani Enterprises Limited (AEL) and its promoters …
New Delhi, Mar 16 (PTI) Delhi Metro Rail Corporation (DMRC) and Blue Dart on Sunday signed a Memorandum of Understanding (MoU) to provide urban logistics service. According to a statement from DMRC, the initiative — the first of its kind in the entire South Asia Pacific region — reinforces both DMRC and Blue Dart’s commitment …
