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Patel Engineering JV bags project from Maharashtra Krishna Valley Development Corporation, Pune

India, May 23 -- Patel Engineering announced that Maharashtra Krishna Valley Development Corporation, Pune has awarded a contract valued at Rs. 958.33 crore to the company along with its JV partner, f... Read More


Hexaware Technologies opens new office in Chicago

India, May 23 -- Hexaware Technologies announced the opening of its newest office located at 145 S Wells St, 15th Floor, Chicago, IL 60606. The new center was inaugurated by Jenna Howard - Executive D... Read More


Board of Morepen Laboratories approves availing of working capital loan of Rs 50 crore

India, May 23 -- The Board of Morepen Laboratories at its meeting held on 23 May 2025 has approved inter-alia, availing of working capital demand loan facility, packing credit facility and post shipme... Read More


Indoco Remedies receives USFDA final approval for Allopurinol Tablets

India, May 23 -- Indoco Remedies announced final approval of Allopurinol Tablets USP, 200 mg through Company's Abbreviated New Drug Application (ANDA) for Allopurinol Tablets USP to market a generic e... Read More


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