Sobha Ltd is launching a rights issue on Friday to raise up to Rs 2,000 crore to reduce debt, purchase land, and fund construction projects. The issue will close on July 4.

Sobha Ltd plans to raise Rs 2,000 crore through a rights issue in FY25 and increase its equity capital to Rs 10,000 crore over the next five years to fuel expansion.

Maldives will pay for imports from India and China in their respective local currencies, saving millions in USD costs. This move signifies a shift away from US dollar dominance in international trade.

Sobha Group, known for luxury projects, is expanding into Mumbai's luxury housing market with a goal of Rs 30,000 crore annual sales in the next 4-5 years. The company is aiming to replicate its...

Novelis, a subsidiary of Hindalco Industries, has filed for an IPO in the US. The aluminum solutions provider plans to list its shares on the New York Stock Exchange.

Gensol Engineering wins bid for 116 MW solar projects in Gujarat, distributed across 27 locations under Paschim Gujarat Vij Co. Ltd. (PGVCL).

The Union government has granted site clearance for the proposed Parandur airport in Tamil Nadu, a key development for the state's aviation sector. The project will be implemented by the Tamil Nadu...

GTRI warns that increasing Chinese FDI in India may offer short-term benefits but could undermine long-term economic security and strategic autonomy.

Delhi Metro Rail Corporation (DMRC) has partnered with Airtel Payments Bank to offer digital payment solutions for commuters, including National Common Mobility Card (NCMC) transactions.

Nokia and Bharti Airtel achieve a record-breaking 1.2 Gbps download speed during a 5G trial in India using Nokia's Cloud RAN technology. This milestone highlights the potential of 5G for high-speed...

India's Chief Economic Advisor expects private sector investment to further improve in the coming months, driven by government capex and a potential uptick in Chinese FDI.

Gensol Engineering wins bid for 116 MW solar projects in Gujarat, distributed across 27 locations under Paschim Gujarat Vij Co. Ltd. (PGVCL).

The Union government has granted site clearance for the proposed Parandur airport in Tamil Nadu, a key development for the state's aviation sector. The project will be implemented by the Tamil Nadu...

The Department of Posts has launched a beta version of DIGIPIN, a digital addressing system for India. Public feedback is encouraged until September 22.

GTRI warns that increasing Chinese FDI in India may offer short-term benefits but could undermine long-term economic security and strategic autonomy.