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Bondada Engineering receives solar power project of Rs 9000 crore

India, May 23 -- Bondada Engineering has received a Government Order (GO) from the Government of Andhra Pradesh - Energy Department for the allocation of 2000 MW AC / 2600 MWp DC Solar Power capacity ... Read More


Ola Electric commences deliveries of Roadster X motorcycles

India, May 23 -- Ola Electric announced the commencement of deliveries of its Roadster X portfolio of motorcycles. The company also announced offers worth Rs 10,000 for the first 5,000 customers who w... Read More


India Ratings Revises Outlook on Ace Infotexis's Bank Facilities to Negative and Migrates to Non-Cooperating Category

India, May 23 -- India Ratings and Research (Ind-Ra) has revised the Outlook on Ace Infotexis Private Limited's (AIPL) to Negative from stable and simultaneously migrated the ratings to the non-cooper... Read More


RBI imposes monetary penalty on Transactree Technologies Private Limited ('Lendbox')

India, May 23 -- The Reserve Bank of India (RBI) has, by an order dated May 23, 2025, imposed a monetary penalty of Rs. 40 lakh (Rupees Forty Lakh only) on Transactree Technologies Private Limited [al... Read More


RBI imposes monetary penalty on Union Bank of India

India, May 23 -- The Reserve Bank of India (RBI) has, by an order dated May 23, 2025, imposed a monetary penalty of Rs. 63.60 lakh (Rupees Sixty Three Lakh Sixty Thousand only) on Union Bank of India ... Read More


EIB extends €700 million for development of two major new offshore wind farms in Poland

Poland, May 23 -- The European Investment Bank (EIB) signed an agreement to provide €700 million for the construction of two large-scale offshore wind farms developed by Norway's Equinor and Pol... Read More


African Development Bank launches new EUR 1 billion 2.500% 5-year Social Benchmark

Cote Dlvoire, May 23 -- On Wednesday 21st May 2025, the African Development Bank "AfDB" rated Aaa/AAA/AAA (all stable) by Moody's / S&P / Fitch, priced a EUR 1 billion 5-year Social Benchmark due May ... Read More


EBRD announces settlement with Uzbek company Adolat

Uzbekistan, May 23 -- The European Bank for Reconstruction and Development (EBRD) has announced a 24-month debarment of Uzbek company Adolat Qurilish Servis mas'uliyati cheklangan jamiyati (Adolat).Th... Read More


EBRD announces settlement with Uzbek company Fergana Omegamet

Uzbekistan, May 23 -- The European Bank for Reconstruction and Development (EBRD) has announced a 23 month debarment of Uzbek company Fergana Omegamet mas'uliyati cheklangan jamiyati (Fergana Omegamet... Read More


KfW IPEX-Bank - Financing for the Baltyk 2 and Baltyk 3 offshore wind farms in Poland

Germany, May 23 -- KfW IPEX-Bank is contributing to the financing of the Polish offshore wind farms Baltyk 2 and Baltyk 3 (740 MW each) in a leading role as part of a club of 30 commercial banks, inte... Read More