Adani Energy to buy IntelliSmart for ₹3,050 croreAdani Energy Solutions (AESL) is set to acquire smart metering company IntelliSmart Infrastructure for ₹3,050 crore, bolstering its positio...
NHAI flags off asset monetisation for FY27The National Highways Authority of India has started its asset monetisation drive for the current financial year. Bids were opened for two ...
Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land backThe Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...
NH builders seek predefined input rates for projects under active bidsRoad builders are asking the government to set fixed rates for bitumen and fuel. This is for highway projects currently up for bidding. The...
CBI files FIR in Rs 397-crore transformer 'scam' in Tamil NaduThe CBI has filed a case concerning a Rs 397 crore scam in Tamil Nadu. This involves the procurement of transformers between 2021 and 2023....
PE wars to billion-dollar IPO dreams, hospital sector is fighting fitMajor private equity firms are vying for a stake in Cloudnine, a leading maternity and paediatric care chain. This intense competition high...
Adani Properties tops bids for MHADA’s Worli, Bandra cluster redevelopmentAdani Properties has emerged as the highest bidder for two major Mumbai cluster redevelopment projects, Adarsh Nagar in Worli and Bandra Re...
Transrail Lighting bags new orders worth Rs 575 croreTransrail Lighting has secured new orders totaling Rs 575 crore. These orders are primarily in transmission and distribution, civil constru...
DK Shivakumar's first big test as Karnataka CM: Giving nod to Adani Enterprises Ltd road projectKarnataka Chief Minister DK Shivakumar faces a significant political challenge. His approval of Adani Enterprises' bid for a major tunnel r...
Shobha Karandlaje seeks CBI probe into Bengaluru's Rs 39,437 crore waste management tenderUnion Minister Shobha Karandlaje has demanded the Karnataka government halt a massive waste management tender. She alleges serious irregula...
IDBI Bank stake sale back on table; Centre explores revival optionsThe bids remain ‘alive’ and the government is examining legal provisions under the tendering framework that allows for bids to be accepted ...
NorthWind Estates buys 5acre land in Yamuna Expressway region for Rs 189 cr via auctionThe company in a statement said that it has emerged as the highest bidder in a recent auction conducted by the Yamuna Expressway Industrial...
Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
Defence Ministry issues AMCA fighter jet tenders to Tata, L&T-BEL, Bharat Forge-BEML: ReportIndia's defence ministry has moved forward with its indigenous fifth-generation fighter jet program. The Advanced Medium Combat Aircraft RF...
JM Financial ARC top bidder for Rs 971-cr DLI debtJM Financial ARC has emerged as the preferred bidder for Distribution Logistics Infrastructure Pvt Ltd's Rs 971 crore debt, offering Rs 621...
Ship-building scheme gets 12 applications seeking incentivesThe scheme, launched last September, aims to make domestic shipyards more competitive by bridging the cost arbitrage with foreign rivals in...
Government okays Skymap Pharmaceuticals' Rs 121-cr bid to buy IMPCLThe government has approved the sale of Indian Medicines Pharmaceutical Corporation Ltd. Skymap Pharmaceuticals Pvt Ltd will acquire the co...