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RESULT OF UNDERWRITING AUCTION CONDUCTED ON FEBRUARY 21, 2025

MUMBAI, India, Feb. 21 -- Reserve Bank of India issued the following press release: In the underwriting auction conducted on February 21, 2025, for Additional Competitive Underwriting (ACU) of the un... Read More


MONEY MARKET OPERATIONS AS ON FEBRUARY 20, 2025

MUMBAI, India, Feb. 21 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Ov... Read More


India Brokers 105-acre Land Deal in Pune between Hiranandani and Krisala

Mumbai, Feb. 21 -- Colliers India, a leading global diversified professional services company, recently facilitated a significant Joint Development land deal in Pune between two prominent real estate ... Read More


Volvo Penta Drives Next Steps in Electrification at Bauma 2025

Mumbai, Feb. 21 -- Helmed by its brand tagline, 'Made to Move You,' Volvo Penta's approach at bauma 2025 is about keeping construction and mining operations moving - productively and competitively thr... Read More


LANXESS Inaugurates India Application Development Centre

Mumbai, Feb. 21 -- German specialty chemicals company LANXESS inaugurated its India Application Development Center (IADC) in Thane, Mumbai, strengthening its innovation and customer service capabiliti... Read More


Tecumseh Launches World's Most Efficient Fixed-Speed Compressor

Mumbai, Feb. 21 -- Tecumseh Products Company LLC, a global leader and innovator in commercial refrigeration technologies, is set to unveil its most efficient fixed-speed compressor during ACREX INDIA ... Read More


Global Start-Up Challenge Launched to Drive Net Zero Concrete Solutions

Mumbai, Feb. 21 -- Start-ups worldwide are invited to contribute to the global cement and concrete industry's efforts to reduce CO2 emissions and combat climate change. The Global Cement and Concrete ... Read More


NCLT Approves Sale of Chennai Nashri Tunnelway for Rs 60 Bn to Cube

Mumbai, Feb. 21 -- The National Company Law Tribunal (NCLT) has approved the sale of IL&FS's Chennai Nashri Tunnelway to Cube Highways for Rs 60 billion. While the deal's execution is still pending, f... Read More


Chennai Metro Phase II Project Nears 40% Completion, Says Lok Sabha Reply

Mumbai, Feb. 21 -- Nearly 40% of Chennai Metro Rail's Phase II project has been completed, as revealed in a reply in the Lok Sabha. The Phase II project, spanning 118.9 km and costing Rs 63,246 crore,... Read More


Pune Approves Two New Metro Corridors and Station Upgrade

Mumbai, Feb. 21 -- The Pune Municipal Corporation (PMC) has approved two new metro corridors: one linking Hadapsar to Loni Kalbhor and the other from Hadapsar to Saswad Road. Both will be elevated, an... Read More