GAIL (India) Restricted, has invited an Expression of Curiosity (EOI) for buying as much as 26% stake in a US LNG (liquefied pure fuel) mission and a 15-year fuel sourcing contract. Gail issued a young on Friday asking for affords on a stake in a mission that could be commissioned by 2030 on the newest. The corporate additionally needs to purchase 1 mpta of LNG from a US liquefaction plant on a free-on-board foundation over a agency 15-year interval with the choice to increase this by 5 or 10 years.
HomeFirst Finance, a technology-driven reasonably priced housing finance firm, introduced not too long ago the profitable completion of QIP, garnering sturdy participation from main world and home institutional traders. The transaction underscores investor confidence in HFFC’s sturdy development trajectory, and dedication to empower reasonably priced homeownership in India. The Board has accepted the allotment of 1.28 crore Fairness Shares to certified institutional consumers (QIBs) at ₹970 per share (, elevating ₹1,249.99 crore. The shares have been issued at a reduction of ₹49.25 per share (4.83%) to the SEBI-determined ground worth of ₹1,019.25. The institutional placement, which opened on April 8 and closed on April 11 noticed sturdy demand, growing the corporate’s paid-up fairness share capital from ₹18.01 crore to ₹20.59 crore.
Transrail Lighting Ltd, a outstanding EPC participant within the Transmission & Distribution (T&D) phase, with experience in Civil, Railways, and Poles & Lighting, has secured new orders price ₹1,085 crore within the home market.
Reliance Industries Ltd has acquired a further 10% fairness stake in Nauyaan Shipyard Personal Ltd (NSPL), furthering its dedication to the sector. The stake was bought by Nauyaan Tradings Personal Ltd (NTPL), a step-down wholly owned subsidiary of Reliance, for ₹51.72 crore from Welspun Corp Ltd.
HCLTechnologies Ltd has earned three new Google Cloud Companion specialisations — in generative AI providers, cloud migration providers, and infrastructure modernisation providers — bringing its complete to seven. The recognitions have been awarded underneath the Google Companion Benefit programme.
The true property tycoons Abhishek Lodha, who leads Macrotech Builders, and Abhinandan Lodha, the pinnacle of the plotted growth firm Home of Abhinandan Lodha (HoABL), have “amicably resolved all excellent disputes underneath the steerage of their dad and mom.” The siblings had a dispute over the usage of the “Lodha” model. Based on the discharge, Macrotech Builders will be the unique proprietor of the identify ‘Lodha’ and ‘Lodha Group’. “Abhinandan Lodha is the proprietor of and has the unique proper to make use of the model identify ‘Home of Abhinandan Lodha’ . In a separate message, Macrotech Builders mentioned that it has acquired 10 land parcels final fiscal to develop housing initiatives with a complete gross sales worth of practically Rs 24,000 crore, because it seeks to broaden enterprise amid sturdy demand.
Ahluwalia Contracts has received an order from Mumbai-based actual property developer Godrej Properties Ltd for Godrej Riverine mission . The order, price ₹396.5 crore, excluding GST, will need to be executed within the subsequent 25 months.
Godrej Industries’ Chemical compounds Enterprise has accomplished the acquisition of the Meals Components Enterprise of Savannah Surfactants, in response to a press release. “As a number one participant in Oleochemicals, Surfactants, Specialities and Biotech sectors, this transaction will assist the corporate broaden its product choices to the Meals & Drinks Business globally,” the Godrej Group agency mentioned within the assertion on Monday. Positioned in Goa, Savannah Surfactants has a producing capability of 5,200 MTPA of completed merchandise.
Tata Energy Renewable Power Ltd (TPREL) has signed an influence buy settlement (PPA) with NTPC Ltd to develop a 200 MW clear energy mission. With this mission, its complete renewable utility capability has reached 10.9 GW,” TPREL, a Tata Energy subsidiary, mentioned in a press release on Monday. The Agency and Dispatchable Renewable Power (FDRE) mission, unfold throughout a number of places in India, is about to be accomplished inside 24 months and is predicted to generate roughly 1,300 million models (MUs) of electrical energy yearly, TPREL mentioned.
Persistent Methods Ltd has secured approval from the Nationwide Firm Legislation Tribunal (NCLT), Mumbai, for the merger of its wholly-owned subsidiary, Capiot Software program Personal Restricted. The merger will simplify company operations, remove redundancies, and unlock synergy advantages throughout the organisation, mentioned Persistent Methods. Capiot Software program specialises in software program growth and associated providers.
Zydus Lifesciences has introduced the incorporation of an entirely owned subsidiary, Zydus MedTech (France) SAS, in France. This transfer is a big step within the firm’s beforehand introduced technique to amass a controlling stake in Amplitude Surgical SA, a French orthopedic agency.
The board of J Okay Cement Ltd, will meet on Might 24 to contemplate elevating as much as ₹500 crore by non-public placement of non-convertible debentures (NCDs).
Vedanta has mentioned that State Air pollution Management Board, Odisha, has requested it to deposit a compensation of Rs 71.1 crore for unauthorised disposal of fly ash. Fly ash is a nice, powdery waste materials created when coal is burned in energy vegetation. “The problem pertains to allegation for unauthorised disposal of fly ash. The Member Secretary… requested the corporate to deposit the environmental compensation of Rs 71,16,53,320,” Vedanta has mentioned in a submitting to BSE.
Drug makers Glenmark Pharma Solar Pharma and Zydus are recalling merchandise within the US for manufacturing points, the US Meals and Drug Administration (USFDA) mentioned in its newest Enforcement Report. As per the US well being regulator, Mumbai-based Glenmark is recalling over 25 merchandise within the US market resulting from Present Good Manufacturing Follow (CGMP) deviations. The New Jersey-based Glenmark Prescription drugs Inc is recalling affected numerous medicines like Propafenone Hydrochloride extended-release capsules and Solifenacin Succinate Tablets in America, the USFDA mentioned.
NHPC on Saturday began business operation of 107 megawatt photo voltaic capability at Bikaner in Rajasthan, a submitting mentioned. The capability is a part of the 300 MW Karnisar Photo voltaic Energy Plant within the state, NHPC mentioned within the trade submitting.
TARC Ltd’s gross sales bookings fell 4 per cent to Rs 1,235 crore within the January-March quarter however pre-sales greater than doubled to Rs 3,722 crore within the full 2024-25 fiscal on sturdy housing demand. In a latest regulatory submitting, TARC Ltd mentioned the corporate achieved its “highest-ever annual gross sales of Rs 3,722 crore and of which gross sales of Rs 1,235 crore has been achieved in This fall (January-March) of 2024-25”.
Axiscades on Friday introduced the appointment of Okay P Mohanakrishnan as Deputy CEO & President of its aerospace vertical. In a press release, the corporate mentioned its board has appointed D Murali Krishnan as Chief Working Officer & President — Electronics, Semiconductors and Synthetic Intelligence (ESAI). Mohanakrishnan steps into the function following a profession of over three many years spanning throughout aerospace and defence, automotive, and common engineering.
Revealed on April 15, 2025
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