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Yugen Infra Invests in Xofy Tech at Rs 900 million Valuation

Mumbai, March 25 -- Xofy Tech, the parent company of DMET Club, MarineX, and AviationX, has secured investment from Yugen Infra at a Rs 900 million valuation. The funding will accelerate AI-driven inn... Read More


Hindustan Construction-Tata Projects JV Secures Rs 24.7 Bn Deal

Mumbai, March 25 -- Hindustan Construction Company (HCC) and Tata Projects Ltd (TPL), in a 50:50 joint venture, have secured a Rs 24.7 billion contract from Tata Power Company for the development of t... Read More


APTEL Directs Punjab Utility to Refund Rs 780 Mn to TSPL

Mumbai, March 25 -- The Appellate Tribunal for Electricity (APTEL) has directed Punjab State Power Corporation Limited (PSPCL) to refund Rs 780 million to Talwandi Sabo Power Limited (TSPL) for deduct... Read More


BHEL Secures Rs 75 Bn Order for 800 MW Unit at Ukai Plant

Mumbai, March 25 -- State-owned Bharat Heavy Electricals Ltd (BHEL) has won a Rs 75 billion contract to establish an 800 MW unit at the Ukai Supercritical Thermal Power Plant in Gujarat. The order was... Read More


TNEB to Replace Ageing Wind Turbines with Hybrid Wind-Solar Plants

Mumbai, March 25 -- In a major push towards renewable energy modernisation, the Tamil Nadu Electricity Board (TNEB) is set to decommission ageing wind turbines and replace them with hybrid wind-solar ... Read More


Hermes Distillery Acquires 10 Luxury Apartments for Rs 2 Bn

Mumbai, March 25 -- Hermes Distillery Pvt. Ltd has purchased 10 luxury apartments in South Mumbai's Marine Lines for Rs 1.99 billion, according to property registration records. The apartments are loc... Read More


DLF to Invest Rs 200 Bn in Commercial Realty Expansion

Mumbai, March 25 -- Real estate giant DLF has announced plans to invest approximately Rs 200 billion in the medium term to develop commercial properties, including premium office and retail spaces. I... Read More


MICL Unveils India's Tallest Ultra-Luxury Residential Tower in Mumbai

Mumbai, March 25 -- Man Infraconstruction Limited (MICL) has introduced Avaan Tower 2, a 306-metre residential skyscraper in Mumbai's Tardeo, making it India's tallest ultra-luxury residential buildin... Read More


Kerala Cabinet Approves Rs 14.82 Bn Underground Rail Project for Vizhinjam Port

Mumbai, March 25 -- The Kerala Cabinet has approved the Detailed Project Report (DPR) for a Rs 14.82 billion underground railway line connecting Vizhinjam International Port to Balaramapuram railway s... Read More


Indian Railways Enhances Passenger Capacity with Additional Coaches

Mumbai, March 25 -- Indian Railways is expanding its passenger capacity by augmenting train compositions, introducing new services, and operating special trains during peak travel seasons. Due to vary... Read More