Gail (India) Limited has invited an expression of interest (EOI) for acquiring up to 26% participation in a US GNL project (liquefied natural gas) and a 15 -year -old gas supply contract. Gail issued a tender on Friday asking for offers in a participation in a project that would be in charge from 2030 to latest. The company also wants to buy 1 mpta or LNG of a liquefaction plant in the USA. In a free base of a firm period of 15 years with the option of extending this in five or 10 years.
Homefirst Finance, an affordable housing finance company promoted by technology, recently announced QIP’s successful completion, obtaining a strong participation of the main global and national institutional investors. The transaction underlines the confidence of investors in the solid HFFC growth trajectory and the commitment to train the affordable house in India. The Board has approached the allocation of 1.28 capital shares of millions of rupees to qualified institutional buyers (QIBS) to ₹ 970 per share (raising ₹ 1,249.99 million rupees. The shares were issued with a price discount of Sebime Praine Prain ₹ 1.019.25.
Transrail Lighting Ltd, a prominent EPC player in the transmission and distribution segment (T&D), with civil experience, railways and poles and lighting, has obtained new orders worth ₹ 1,085 million rupees in the national market.
Reliance Industries Ltd has acquired an additional participation of 10% capital in Nauyaan Shipyard Private LTD (NSPL), promoting its commitment to the sector. The participation was bought by Nauyaan Tradings Private Ltd (NTPL), a total property subsidiary, for ₹ 51.72 million welspun corp Ltd rupees.
HCltechnologies Ltd has obtained three new specializations in Google Cloud Partner, in generative services of AI, cloud migration services and infrastructure modernization services, which increases its total to seven. The recognitions were granted under the Google Partner Advantage program.
The real estate magnates Abhishek Lodha, who directs the developers of Macrotech, and Abhinandan Lodha, the head of the Development Company House of Abhinandan Lodha (HOABL), have “resolved to the outstanding devices”. “The brothers had a dispute over the use of the brand” Lodha “. exclusive to the name ‘Lodha’ and ‘Lodha Group’. In a separate message, Macrotech developers said it has acquired 10 land plots the last fiscal year to develop a tons’s ANlet to expand the businesses of strong demand.
Ahuwalia Contracts has won an order from the real estate developer based in Mumbai Godrej Properties Ltd for the Godrej Riverine project. The order, with a value of ₹ 396.5 million rupees, excluding GST, will have to be executed in the next 25 months.
The chemical business of Godrej Industries has completed the acquisition of the food additive business of Savannah’s tension, according to a statement. “As a leading player in oleochemical, tensionactive, specialifications and biotechnology sectors, this transaction will help the company expand its product signals to the food and drink industry worldwide,” said the signature of the Godrej group in the statement on Monday. Located in Goa, Savannah Surfactants has a manufacturing capacity or 5,200 MTPA or finished products.
Tata Power Renewable Energy Ltd (TPREL) has signed a energy purchase agreement (PPA) with NTPC LTD to develop a clean energy project of 200 MW. With this project, its total renewable utility capacity has reached 10.9 GW, ”said Tprel, a subsidiary of Tata Power, in a statement on Monday. The firm and dispatched renewable energy project (FDRE), distributed in multiple locations in India, will be completed within 24 months and is expected to generate approximately 1.3 billion units (Mus) of annual electricity, said Tprel.
Persistent Systems LTD has assured the approach of the National Companies Law Court (NCLT), Mumbai, for the fusion of its total property subsidiary, Capiot Software Private Limited. The fusion will simplify corporate operations, eliminate redundancies and unlock the benefits of synergy throughout the organization, said Persista Systems. Capiotware specializes in related software and services development.
Zydus Lifescience has announced the incorporation of a subsidiary of absolute property, Zydus Medtech (France) SAS, in France. This movement is a significant step in the company’s announced strategy to acquire a control participation in Amplitude Surgical SA, a French orthopedic firm.
The JK Cement Ltd Board will meet on May 24 to consider raising up to ₹ 500 million rupees through the private placement of non -convertible dentures (NCDS).
Vedanta has said that the State Pollution Control Board, Odisha, has asked him to deposit compensation for RS 71.1 million rupees for unauthorized elimination of flying ashes. The flying ash is a fine and dusty waste material created when coal burns in electric plants. “The problem refers to the accusation for the unauthorized elimination of flying ashes. The member secretary … asked the company to deposit the environmental compensation of RS 71.16,53,320,” said Vedanta in a presentation to the EEB.
Genmark Pharma Sun Pharma and Zydus drug manufacturers are withdrawing products in the United States due to manufacturing problems, said drug and food administration (USFDA) in the last application report. According to the US Health Regulator, Glenmark, based in Mumbai, is a recovery of more than 25 products in the US market due to good deviations of good manufacturing practices (CGMP). Glenmark Pharmaceuticals INC, based in New Jersey, is affected by many medications such as extended release capsules of propaphaenone hydrochloride and solifenacine succinate tablets in the United States, the USFDA said.
NHPC began on Saturday the commercial operation or solar capacity of 107 megawatts in Bikaner in Rajasthan, according to a presentation. The capacity is part of the 300 MW Karnisar Solar Plant in the state, NHPC said in the exchange presentation.
TARC LTD sales reserves fell 4 percent to RS 1,235 million rupees in the quarter of January-March, but presales doubled with more than duplicating 3,722 million rupees throughout the fiscal year of 2024-25 in a strong house demand. In a recent regulatory presentation, TARC LTD said the company achieved its “highest annual sales of RS 3,722 million rupees and of which sales of 1,235 million rupees have been achieved in the fourth quarter (January-March) or 2024-25”.
Axiscades announced on Friday the appointment of KP Mohanakrishnan as CEO and attached president of his aerospace vertical. In a statement, the company said its Board appointed D Murali Krishnan as operations director and president – electronics, semiconductors and artificial intelligence (Esai). Mohanakrishnan enters the paper after a three decades of voltage through aerospace and defense engineering, automotive and general.
Posted on April 15, 2025
