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GRSE successfully bids for NGC project of Indian Navy

India, May 22 -- Garden Reach Shipbuilders & Engineers (GRSE) announced that its was declared the lowest bidder (L1) or Construction of Next Generation Corvettes (NGC) for Indian Navy. The L1 bidder w... Read More


Som Distilleries & Breweries conducts Bhoomi Pujan for its upcoming project in Farrukhabad

India, May 22 -- Som Distilleries & Breweries marked a major milestone with the Bhoomi Pujan for its upcoming Rs 600 crore greenfield project in Khimsepur, Farrukhabad District, Uttar Pradesh.Spread a... Read More


S&P Global Ratings revises rating outlook on UPL Corp

India, May 22 -- S&P Global Ratings (S&P) vide its publication dated 21 May 2025, has communicated revision in the credit rating outlook of UPL Corporation's (UPL Corp), wholly owned subsidiary of UPL... Read More


Board of Bajel Projects approves increase in borrowing limit to Rs 3,500 crore

India, May 22 -- The Board of Bajel Projects at its meeting held on 22 May 2025 has approved a proposal to increase the borrowing limits under Section 180(1)(c) of the Act from the existing limit of R... Read More


ABB India announces collaboration with Steel Authority of India

India, May 22 -- ABB India and Steel Authority of India (SAIL) have signed a Memorandum of Understanding (MoU) to digitally optimize ironmaking and steelmaking processes at the Rourkela Steel Plant in... Read More


TCS announces 5-year engagement with Finland-based DNA

India, May 22 -- Tata Consultancy Services (TCS) has announced a five-year partnership with DNA, one of Finland's leading telecommunications providers, to accelerate its cloud transformation program.U... Read More


Himadri Speciality Chemical acquires 16.24% stake in International Battery Company Inc.

India, May 22 -- Himadri Speciality Chemical (HSCL) has announced a strategic investment of USD 4.43 Million (approx. ? 37.47 crore) to acquire a 16.24% stake in International Battery Company, Inc (IB... Read More


NTPC Green Energy successfully bids for NHPC's BESS project

India, May 22 -- NTPC Green Energy (NGEL) has successfully emerged as the winning bidder in the e-reverse auction conducted by NHPC on May 21, 2025. NGEL secured a cumulative capacity of 80MW/320MWh u... Read More


India Ratings Upgrades South Asian Ceramic Tiles's Bank Facilities's Long-term Rating to 'IND BBB+'; Outlook Stable

India, May 22 -- India Ratings and Research (Ind-Ra) has upgraded the long-term rating on South Asian Ceramic Tiles Private Limited's (SACTPL) bank facilities to 'IND BBB+' from 'IND BBB'. The Outlook... Read More


RBI imposes monetary penalty on The Aska Central Co-operative Bank Ltd., Aska, Odisha

India, May 22 -- The Reserve Bank of India (RBI) has, by an order dated May 20, 2025, imposed a monetary penalty of Rs. 10,000/- (Rupees Ten Thousand only) on The Aska Central Co-operative Bank Ltd., ... Read More