Chief Justice of India (CJI) BR Gavai on Saturday said that the Indian judiciary has played a stabilising role in the country’s economic transformation by ensuring that commercial development remains anchored in constitutional principles. Read More
BEML-DIAT’s Strategic Partnership for Defence and Aerospace Technologies: September 14, 2025: In a move set to propel India’s self-reliance in the Defence and Aerospace sectors, BEML Limited, a leading Public Sector Undertaking (PSU) under the Ministry of Defence (GoI), has joined forces with the Defence Institute of Advanced Technology (DIAT), a prestigious deemed university also under the... Read More
CCI Dismisses Bid-Rigging Allegations in Coal Block Auctions, Citing Lack of Evidence and Delay: New Delhi — The Competition Commission of India (CCI) has dismissed a major complaint alleging cartelisation and bid-rigging by several prominent corporate groups, including Adani Enterprises, the RP-Sanjiv Goenka Group, Vedanta, Hindalco, UltraTech, and Jindal Power, in coal block auctions spanning... Read More
Juniper Green Energy Proposes ₹3,000 Crore IPO: Mumbai, July 28, 2025 – Juniper Green Energy Limited, a prominent player in India’s renewable energy sector, has announced its intention to launch an Initial Public Offering (IPO) of equity shares worth ₹3,000 crore. The company, which specializes in the development, operation, and management of solar, wind, and hybrid... Read More
Multiples Private Equity Acquires Controlling Stake in VIP Industries for ₹1,763 Crore: In a landmark deal poised to reshape the luggage and travel accessories landscape in India, Multiples Private Equity Fund has secured a controlling stake in VIP Industries Limited, one of the country's most recognized names in travel goods. The transaction, valued at a robust ₹1,763 crore ($211.56 million USD), will see the private equity giant acquire approximately 32% of VIP Industries, marking a significant shift in the ownership of the iconic brand. Read More
Wilmar Acquires 20% Stake in AWL Agri Business from Adani for $860 Million: Ahmedabad, India — In a significant move within the Indian FMCG sector, Wilmar Group has agreed to acquire a 20% stake in AWL Agri Business Limited from Adani Group for a total consideration of ₹7,150 crore (approximately $860 million). The acquisition, which marks a major shift in the ownership structure of the prominent food and beverage conglomerate, was finalized through Wilmar's wholly-owned subsidiary, Lence Pte. Ltd. Read More
TVS Infrastructure Trust Raises ₹1,300 Crore ($156 Million USD) in Landmark IPO: Mumbai, India – TVS Industrial & Logistics Parks has announced the successful listing of its Infrastructure Investment Trust (InvIT), TVS Infrastructure Trust, on the National Stock Exchange. The Initial Public Offering (IPO) has successfully raised over ₹1,300 crore (approximately $156 million USD), marking a significant milestone in the Indian infrastructure and logistics sector. Read More
India Rejects Arbitration Court's Ruling on Indus Waters Treaty Projects: New Delhi – India has issued a strong rejection of a recent decision by what it calls a "so-called Court of Arbitration" concerning the Kishenganga and Ratle hydroelectric projects. These projects are located in the Union Territory of Jammu and Kashmir. Read More
Max Aerospace to Invest $960 Million in Helicopter Facility in Nagpur: Nagpur, Maharashtra – Nagpur, the second capital of Maharashtra, is poised for a significant leap in India's defence and aerospace landscape, as Max Aerospace and Aviation Pvt Ltd announces a massive investment of Rs 8,000 crore (approximately $960 million USD) to establish a state-of-the-art helicopter manufacturing facility. This ambitious project is set to unfold over the next eight years, marking a pivotal moment for indigenous defence production. Read More
AeroShul Technologies Will Build Loitering Munition Swarms for Indian Army: New Delhi: In a significant leap towards modernizing its artillery capabilities, the Indian Army has selected Gurugram-based startup AeroShul Technologies Pvt Ltd to develop its ambitious Multi-Barrel Loitering Munition (MBLM) system. This cutting-edge project, born from the Defence Minister's ADITI 2.0 initiative, aims to transform existing artillery rocket systems into precision strike platforms with extended range and enhanced lethality. Read More
