26 May 2026

Dalmia Bharat has signed a Business Transfer Agreement through its subsidiary Dalmia Cement (Bharat) Ltd to acquire cement assets of debt-laden Jaiprakash Associates, currently under insolvency proceedings and acquired by Adani Enterprises via a resolution plan. The transaction, valued at an enterprise value of INR 2,850 crore, includes cement plants in Madhya Pradesh and Uttar Pradesh with 5.2 MTPA capacity, 3.3 MTPA clinker capacity and 99 MW of thermal power assets. Post acquisition, Dalmia Bharat’s capacity will rise to 54.7 MTPA.Read more

26 May 2026

• Logistea AB repurchased all 712,217 outstanding warrants through a transaction involving newly issued Series B shares.
• The company will issue 123,365 new Series B ordinary shares as part of the settlement process.
• Following the completion of the repurchase offer, no outstanding warrants remain in the company’s capital structure.
• The move is expected to simplify the company’s equity structure and reduce future share dilution risks.
• Similar capital restructuring measures have been increasingly adopted by listed real estate companies to strengthen financial stability and shareholder transparency.Read more

26 May 2026

• Flipkart and the Department of Posts sign an agreement to enhance last-mile parcel delivery services across India.
• Partnership leverages India Post’s extensive network and Flipkart’s e-commerce logistics infrastructure.
• Services will include prepaid and cash-on-delivery deliveries, OTP-based authentication and real-time tracking.
• Collaboration aims to improve delivery efficiency across urban, semi-urban, rural and remote regions.Read more

26 May 2026

• The Uttar Pradesh government has issued fresh allotment letters to companies for projects in the YEIDA region near the upcoming Noida International Airport.
• The proposed developments are expected to attract investments worth nearly INR 6,000 crore and generate around 10,000 jobs.
• The allotments form part of the state’s broader strategy to strengthen industrial, logistics and commercial growth along the Yamuna Expressway corridor.Read more

25 May 2026

Swedish Logistic Property has signed a long-term lease agreement for a new logistics property in Jonkoping, strengthening its industrial and warehousing portfolio in Sweden. The company said the project will involve the development of a facility spanning around 21,600 square metres with a total estimated investment of SEK 231 million. The property has been secured under a 10-year lease arrangement and is expected to generate an annual rental value of SEK 16.5 million. The project is also expected to improve the company’s net rental income by nearly SEK 9.5 million.Read more

25 May 2026

• Dalmia Bharat Ltd is set to acquire cement assets of Jaiprakash Associates Ltd (JAL) for more than INR 2,500 crore, as per sources.
• The deal includes 5.2 MTPA cement capacity and 3.3 MTPA clinker capacity from JAL.
• The transaction is part of the Adani Group-led restructuring of JAL after its acquisition under the Insolvency and Bankruptcy Code (IBC).
• The agreement is expected to settle earlier disputes, legal proceedings, arbitral issues and past framework arrangements related to the cement assets.
• The restructuring also involves broader asset integration of JAL across cement, power, logistics and infrastructure segments by Adani Group companies.Read more

24 May 2026

Fujiyama Power Systems has announced plans to set up a 1.2 GW TopCon solar cell manufacturing facility in Ratlam, Madhya Pradesh, aimed at expanding its domestic production capacity. The company currently operates a 1 GW Mono PERC solar cell plant in Dadri, Uttar Pradesh. The Ratlam unit is expected to begin commercial operations in Q1 FY2028, with an estimated investment of INR 350 crore funded through debt and internal accruals. The expansion focuses on backward integration, cost efficiency and ensuring supply of DCR-compliant solar cells. The company is also part of MNRE ALMM-II list and targets growing rooftop solar demand.Read more

24 May 2026

Patratu Vidyut Utpadan Nigam Limited (PVUNL), a joint venture between NTPC Limited and Jharkhand Bijli Vitran Nigam Limited, has started trial operations of its second 800 MW unit at the Patratu Super Thermal Power Project in Jharkhand. With this addition, the project’s installed capacity has reached 1,600 MW, while NTPC group capacity has crossed 90 GW. A major share of generated power is allocated to Jharkhand to support demand from industries and households. The project uses ultra-supercritical technology and is part of NTPC’s ongoing capacity expansion in eastern India.Read more

24 May 2026

• Colliers India has estimated that India’s planned solar and wind energy expansion could generate USD 10–15 billion in land aggregation and acquisition opportunities by 2030.
• India’s installed renewable energy capacity stood at 251 GW in 2025, with solar and wind accounting for nearly three-fourths of the total capacity mix.
• The consultancy expects 270–300 GW of additional solar and wind capacity to be added by 2030, requiring nearly seven lakh acres of land across multiple states.
• Renewable energy OEMs are projected to lease 4–7 million sq ft of Grade A industrial and warehousing space annually by 2030, contributing 10–15 per cent of total demand.
• The report highlights growing opportunities for land developers, industrial real estate players, EPC firms and logistics operators as renewable energy infrastructure expands across India.Read more

24 May 2026

• IPL Biologicals Ltd has opened its third manufacturing facility in Vadodara, Gujarat, with an investment of INR 200 crore.
• The new plant will manufacture biofertilisers, biopesticides and crop health products, taking the company’s total production capacity to 25,000 kilolitres annually.
• Spread across 12 acres, the facility includes automated systems, zero-liquid-discharge operations and 500-kilowatt captive solar power generation.
• The company plans an additional investment of INR 210 crore in the next phase while expanding product registrations across 15 countries.
• IPL Biologicals said the expansion supports India’s push to reduce chemical fertiliser usage and promote sustainable farming solutions.Read more

23 May 2026

Techno Digital, the digital infrastructure arm of Techno Electric & Engineering Company Limited, has commissioned its Mumbai Edge Data Center in Mahalaxmi, South Mumbai, in partnership with RailTel Corporation of India. Developed as a Rated-3 facility, the edge data centre has been positioned to support low-latency enterprise applications and real-time digital workloads in Mumbai’s financial and commercial districts. The company stated that the facility delivers latency of less than 150 microseconds from BSE at Nariman Point and less than 250 microseconds from NSE in BKC. The commissioning forms part of Techno Digital’s wider strategy to establish a distributed edge infrastructure network across more than 100 Indian cities through its partnership with RailTel, with additional facilities planned in the coming months.Read more

23 May 2026

Vedanta Ltd’s subsidiary Talwandi Sabo Power Ltd (TSPL) has been directed by the Supreme Court to pay around INR 127 crore plus late payment surcharge to Punjab State Power Corporation Ltd (PSPCL). The decision restores an earlier order by the Punjab State Electricity Regulatory Commission (PSERC) after overturning a ruling by the Appellate Tribunal for Electricity (APTEL). The case concerns a penalty linked to alleged misdeclaration of power availability in January 2017 under the Grid Code. TSPL operates a 1,980 MW coal-based plant in Punjab and supplies full generation to PSPCL.Read more

23 May 2026

• Adani Power will acquire a 24% stake in key thermal power assets of Jaiprakash Power Ventures for INR 4,194 crore.
• The transaction includes stakes in operational thermal power projects and associated infrastructure assets linked to JPVL’s power business.
• The acquisition forms part of Adani Power’s ongoing capacity expansion strategy across India’s thermal power sector.
• The deal is subject to regulatory approvals and customary closing conditions, according to company disclosures made in the past week.Read more

23 May 2026

Reliance Power reported a consolidated net loss of INR 494 crore for the quarter ended March 31, compared with a profit of INR 125.57 crore in the same quarter last year, as per a regulatory filing in New Delhi this week. Total income declined to INR 1,946.33 crore from INR 2,065.64 crore year-on-year. For FY26, the company posted a net loss of INR 336.89 crore against a profit of INR 2,947.83 crore in FY25. Total income also dropped to INR 7,988.52 crore from INR 8,257.04 crore. The board approved fundraising plans of up to INR 6,000 crore and INR 3,000 crore in debentures.Read more

22 May 2026

Karnataka Industrial Areas Development Board has expanded the Chamarajanagar industrial area with the acquisition of 838 acres of land to strengthen industrial infrastructure in the region. The expansion will support development of manufacturing units, logistics facilities and allied infrastructure under Karnataka’s industrial development framework. The move is aimed at improving land availability for industry and promoting decentralised industrial growth beyond established hubs such as Bengaluru. Officials said the additional land will enable structured planning, larger industrial clusters and long-term regional economic development in Chamarajanagar district.Read more

22 May 2026

• The Centre opposed new hydropower projects in the upper Ganga basin beyond seven ongoing projects in Uttarakhand.
• The government cited ecological and geological concerns in the Alaknanda and Bhagirathi river basins.
• Projects including Tehri Stage-II and Tapovan Vishnugad will continue with statutory clearances.
• The submissions were made in ongoing Supreme Court proceedings after the 2013 Kedarnath disaster.Read more

22 May 2026

Cochin Shipyard Limited has signed an agreement to acquire a 5 per cent stake in Dehradun-based startup Maritech Integrated Maritime under its startup initiative, USHUS. The investment is part of CSL’s INR 50 crore innovation fund aimed at supporting technology-led startups in the maritime sector. Maritech has developed the Integrated Maritime Exchange (IME), a platform designed to connect maritime stakeholders and simplify logistics and port-related services. The initiative supports the government’s broader focus on digitalisation, indigenisation and innovation in India’s maritime and logistics ecosystem.Read more

22 May 2026

• Maharashtra has signed MoUs worth INR 6.5 lakh crore with four companies for nuclear energy projects across the state.
• The agreements were executed with NTPC, Adani Power, Reliance Industries and Lalitpur Power Generation Company at Mantralaya, Mumbai.
• The proposed projects are expected to generate nearly 25,400 MW of power capacity and create around 1,23,500 jobs.
• The state government said the investments align with long-term clean energy expansion and rising industrial power demand in Maharashtra.Read more

21 May 2026

• Chandigarh administration has approved conversion of leasehold industrial and commercial properties into freehold ownership.
• The move is aimed at unlocking significant property value and improving liquidity in the real estate market.
• Property owners are expected to benefit from clearer ownership rights and easier transactions.
• The policy is also expected to support ease of doing business and improve utilisation of underused land parcels.
• The reform is seen as a step towards strengthening the region’s real estate framework and boosting investor confidence.Read more

21 May 2026

The Rajasthan State Industrial Development and Investment Corporation (RIICO) has received close to 800 applications for 465 industrial plots across Rajasthan under its Direct Allotment Scheme-2025. The plots, spread over around 294 acres and valued at nearly INR 550 crore, were offered to investors associated with the Rising Rajasthan investment summit. Industrial zones in Jodhpur, Ajmer, Alwar and near the Pachpadra refinery witnessed strong demand. RIICO has also revised its land allotment policy for underutilised industrial areas by offering plots at lower rates to attract industries, manufacturing units and MSME investments across the state.Read more