Reliance Industries-Rolls Royce AMCA Jet Engine Partnership: Reliance Industries Limited and British engineering firm Rolls-Royce have signed a statement of intent to collaborate on the design, development, and manufacturing of an indigenous combat engine for India’s Advanced Medium Combat Aircraft (AMCA) programme.
New Artillery Capabilities for the Indian Armed Forces. Indian Army Loitering Munition System Contract with TASL and NIBE India: In a significant stride towards military modernisation and self-reliance, the Ministry of Defence has officially signed contracts worth approximately $165 million (Rs 1,577 crore) for the procurement of advanced Loiter Munition Systems for the Indian Army.…
Dalmia Cement (Bharat) and Jaiprakash Associates Cement Business Deal: The Indian business world is buzzing with a massive corporate move that is set to shake up the construction and manufacturing sectors. In a strategic expansion, Dalmia Cement (Bharat) Limited has successfully acquired a major cement business from Jaiprakash Associates Limited. This high-profile transaction brings a…
Arvind Limited, a prominent name in the Indian textile and apparel industry, has successfully raised approximately ₹500 crore through a financial mechanism known as a Qualified Institutions Placement (QIP). This corporate move involved issuing 99,00,990 new equity shares to eligible institutional investors. By opening up this share placement, the company was able to secure substantial capital directly from the market, achieving full subscription from interested Qualified Institutional Buyers (QIBs).
US Court Drops Charges Against Gautam Adani and Others: A United States court has officially dismissed securities and wire fraud charges against Indian billionaire Gautam Adani and two other executives, bringing a high-profile criminal proceeding to a sudden close.
Adani Energy Solutions Limited—India’s largest private-sector transmission company and a dominant force in energy distribution, smart metering, and cooling solutions—has successfully secured ₹3,500 crore through a stock market mechanism known as a Qualified Institutions Placement (QIP). The offering drew extraordinary demand from institutional investors, resulting in an oversubscription of more than three times.
Sona Comstar Denso EV Partnership: The global transition towards sustainable transport has taken a massive leap forward. Indian auto component maker Sona Comstar has announced a landmark strategic partnership with Japan’s DENSO Corporation. This collaboration aims to reshape the future of clean transport by establishing two joint ventures focused on developing and manufacturing advanced electric and hybrid powertrain systems.
