Harika Enjamuri

Reliance Industries Enters Strategic Aerospace Partnership for India’s AMCA Engine Programme

Reliance Industries and Rolls-Royce have announced a strategic partnership to explore the joint development of an indigenous combat engine for India’s Advanced Medium Combat Aircraft (AMCA) programme, marking Reliance’s entry into a strateg… See Moremore

Mahindra BLAZO i-TRK Targets Growth Through Fuel Efficiency and Higher Uptime

Mahindra has launched the BLAZO i-TRK heavy commercial vehicle range in India, with a focus on improving fleet economics through fuel efficiency, uptime and connected technology. Powered by a 7.2-litre mPOWER engine delivering 320 hp and 1,… See Moremore

India Accelerates Coal Gasification with ₹3 Lakh Crore Investment Potential

India is accelerating its coal gasification push, with eight companies, including Coal India, exploring syngas production as the country targets gasification of 100 million tonnes of coal by 2030. The government has approved a ₹37,500 crore… See Moremore

SBI Accelerates AI Adoption in MSME Lending and Banking Operations

State Bank of India (SBI) is significantly expanding the use of Artificial Intelligence across its banking operations, with AI being used to underwrite nearly ₹1 lakh crore (US$11.32 billion) of MSME loans during FY26, covering loans of up… See Moremore

NBCC Strengthens Ladakh Infrastructure Portfolio with ₹234.78 Cr

NBCC (India) Ltd has secured a ₹234.78 crore order from the Indo-Tibetan Border Police (ITBP) for comprehensive project management consultancy services related to the construction and redevelopment of infrastructure at 28 Border Out Posts (… See Moremore

L&T Eyes Rare-Earth Magnet Manufacturing to Reduce India’s Dependence on China

Larsen & Toubro (L&T) is evaluating an entry into India’s rare-earth permanent magnet manufacturing sector by preparing to bid for the Government of India’s ₹7,280 crore (US$764 million) incentive programme aimed at creating domestic produc… See Moremore

Bajel Projects Secures ₹600 Crore+ Transmission Order, Strengthening High-Voltage Infrastructure Portfolio

Bajel Projects Ltd has strengthened its position in India’s power transmission infrastructure segment by securing an ultra-mega order worth more than ₹600 crore under the WR-ER Inter-Regional Network Expansion Scheme – Part A. The TL05 pack… See Moremore

Zydus Lifesciences Expands Rare Disease Portfolio with US Rights Option for Alvelestat

Zydus Lifesciences is strengthening its presence in the rare-disease segment as its wholly owned subsidiary, Sentynl Therapeutics, has entered into an option and licence agreement with Mereo BioPharma for alvelestat, an experimental oral tr… See Moremore

BEML Secures ₹184 Crore HAL Order as FY27 Growth and Order Pipeline Strengthen

BEML Ltd has secured a ₹184.25 crore order from HAL for manufacturing and supplying fuselage aerostructures for the Light Combat Helicopter (LCH), adding further strength to its defence order pipeline. The company is targeting around 30% re… See Moremore

Glenmark Reaches $15.28 Million Settlement in US Antitrust Litigation

Glenmark Pharmaceuticals Ltd’s US subsidiary, Glenmark Pharmaceuticals Inc., has agreed to a $15.28 million settlement with Humana Inc. to resolve litigation related to allegations of price-fixing, market allocation and other anti-competiti… See Moremore

Lupin Strengthens US Portfolio as Q1 FY27 Delivers Strong Growth

Lupin Ltd has received US FDA approval for its Sodium Zirconium Cyclosilicate Oral Suspension in 5 g/packet and 10 g/packet strengths, a generic equivalent to AstraZeneca’s Lokelma, indicated for treating hyperkalemia in adults. The product… See Moremore

Zen Technologies Secures ₹295 Crore Defence Order Amid Near-Term Margin Pressure

Zen Technologies Ltd has secured a ₹295 crore order, including GST, from the Ministry of Defence for the supply of simulators, with execution scheduled to be completed within one year. The order provides additional revenue visibility for th… See Moremore

Texmaco Rail Explores Strategic Partnership for Kavach and ETCS Solutions

Texmaco Rail & Engineering Ltd. has taken a strategic step in the railway signalling and safety segment by signing a Memorandum of Understanding (MoU) with Belgium-based The Signalling Company NV (TSC) on August 10, 2026, to explore collabo… See Moremore

CESC’s Renewable Energy Platform Makes ₹4,859 Crore Acquisition to Scale Operating Capacity

Purvah Green Power Pvt. Ltd. (PGPPL), the renewable energy arm of CESC Ltd., has signed an agreement to acquire 100% equity in six operating renewable energy companies from ReNew Solar Power Pvt. Ltd. for an Enterprise Value of ₹4,859 crore… See Moremore

Adani Airports’ Airline Proposal Raises Questions Over Regulatory Filings

A reported June 4 letter from Adani Airports Holdings to the Airports Authority of India (AAI), shared by TMC MP Mahua Moitra, has raised questions about the Adani Group’s potential interest in the airline business. The letter reportedly se… See Moremore

SBI Turns AI Into a ₹22,000 Crore Loan-Generation Engine

State Bank of India (SBI) is increasingly using artificial intelligence and data analytics to improve loan sourcing, with AI-driven analytical leads contributing around ₹22,000 crore of business during the June quarter, equivalent to roughl… See Moremore

Maruti Suzuki Targets 63 Lakh-Unit Passenger Vehicle Market by FY31

Maruti Suzuki India is preparing for a significant expansion in India’s passenger vehicle market, which it expects to reach 61 lakh–63 lakh units by FY31, supported by a recovery in small-car demand and continued growth in SUVs. The company… See Moremore

Signature Global Expands Gurugram Development Portfolio Amid Near-Term Earnings Pressure

Signature Global Ltd has strengthened its development pipeline by entering into collaboration agreements for approximately 25.6 acres of land in Sohna, Gurugram, Haryana, with an estimated developable potential of 2.18 million sq. ft. Of th… See Moremore

Vedanta Aluminium Strengthens Raw Material Security with Karlapat Bauxite Block Win in Odisha

Vedanta Aluminium Ltd has taken a significant step towards strengthening its long-term raw material security after its subsidiary, Bharat Aluminium Company Ltd (BALCO), was declared the preferred bidder for the Karlapat Bauxite Block in Odi… See Moremore

L&T Secures Major ONGC Offshore Contracts, Strengthening Its Strong Order Momentum

Larsen & Toubro (L&T), through its Energy Hydrocarbon Offshore business, has secured major contracts from Oil and Natural Gas Corporation (ONGC) for the Pipeline Replacement Project (PRP-X) and Well Head Platforms Project on India's west co… See Moremore