JSW MG Motor has announced plans to invest approximately US$ 331.5 million to expand its manufacturing footprint and introduce new vehicle models in India. The investment aims to strengthen the company’s product portfolio while enhancing operational efficiency in an increasingly competitive automotive market. The expansion is expected to…
India’s combined exports of goods and services registered strong year-on-year growth of 13.17% in January 2026, reaching US$ 80.45 billion, according to data released by the Ministry of Commerce. The expansion was largely powered by robust performance in services exports, while merchandise exports remained relatively steady. The latest…
Notably, this will be the first major global AI summit hosted in the Global South, underscoring India’s growing influence in shaping the future of emerging technologies. Wide International Participation The summit is expected to witness participation from nearly 20 countries at the leadership level, along with ministerial delegations…
India’s digital payments landscape has crossed a significant milestone, with the Unified Payments Interface (UPI) becoming the most preferred mode of transaction. According to a survey reported by DD News, 57% of respondents now choose UPI for payments, compared to 38% who still rely on cash. The findings…
Cochin Shipyard Limited (CSL) has secured a major defence opportunity after being identified as the lowest bidder (L1) for a prestigious Indian Navy project valued at approximately ₹5,000 crore. The contract pertains to the construction of five Next Generation Survey Vessels (NGSVs), as per a tender issued by…
The National Highways Authority of India (NHAI) has approved a ₹6,220 crore bid from the National Highways Infrastructure Trust (NHIT) for the acquisition of two operational highway stretches. This marks the fifth round of asset monetisation under NHIT and reinforces NHAI’s structured strategy to unlock capital from mature…
Several major public sector companies have announced interim dividends for FY 2025–26, with February 18, 2026 fixed as the record date to determine shareholder eligibility. Investors whose names appear in company records on this date—either through demat holdings or physical share certificates—will qualify for the declared payouts. Dividend…
• BLS E-Services – To acquire 100% stake in Atyati Technologies for ₹154 crore. • TVS Supply Chain Solutions – Signs MoU with Italy-based ALA Group to serve India’s aerospace & defence sector. • Delhivery – Partners with EV startup RIDEV to deploy 150 electric vehicles. • SEAMEC…
Torrent Power has signed a definitive agreement to acquire 100% stake in Nabha Power Limited from L&T Power Development Limited, a wholly owned subsidiary of Larsen & Toubro. The transaction, valued at ₹6,889 crore (enterprise value), marks a significant expansion of Torrent Power’s thermal generation portfolio and its…
The Reserve Bank of India has introduced a structured framework permitting banks to finance corporate acquisitions — a move widely viewed as a structural shift for India’s mergers and acquisitions (M&A) ecosystem. The revised Capital Market Exposure (CME) norms, finalised after stakeholder consultations on last year’s draft proposal,…