Ramkrishna Forgings Wins ₹270 Crore Vande Bharat Train Order
Ramkrishna Forgings Ltd. (RKFL), a leading manufacturer of rolled, forged, and machined products, has secured a game-changing ₹270 crore order for the prestigious Vande Bharat train project. This landmark deal not only propels RKFL to the forefront of India’s high-speed rail development but also significantly bolsters the government’s “Make in India” initiative. Gearing Up for […]
Vodafone Idea’s 5G Plan Post Rs 18,000 Crore FPO
Vodafone Idea (Vi) is aiming to join the Indian 5G party. The telecom operator has set an ambitious target of launching 5G services in select cities within 6-9 months of successfully completing its ongoing Rs 18,000 crore Further Public Offering (FPO). This move comes as rivals Bharti Airtel and Reliance Jio have already begun offering […]
GAIL to Double Capacity at Dabhol LNG Terminal
India’s natural gas sector is experiencing a boom, and GAIL (India) Limited, the country’s leading gas marketing and transportation company, is taking a leading role in ensuring sufficient infrastructure to handle the surge. To address this growing demand, GAIL has announced a substantial expansion project for its liquefied natural gas (LNG) terminal located at Dabhol […]
Fairfax Invests Rs 500 Crore in IIFL Finance: Sources
In a move that could signal a revival, a subsidiary of Canadian investment giant Fairfax Financial Holdings has provided a much-needed Rs 500 crore shot in the arm to IIFL Finance. This financial aid comes after a challenging period for IIFL, which was hit hard by a Reserve Bank of India (RBI) ban on offering […]
Varthana Secures $10M Debt from BlueOrchard Finance
Varthana Finance, a non-banking financial company (NBFC) on a mission to bridge the affordability gap in education, has secured a significant debt financing round of $10 million from BlueOrchard Finance. This strategic injection of capital will act as a springboard for Varthana’s growth trajectory, allowing them to amplify their reach and empower a wider network […]
Jio, Blackrock Launch Wealth & Brokerage JV
Continuing their strategic partnership in the Indian financial sector, Jio Financial Services, a subsidiary of Reliance Industries, and BlackRock, the world’s largest asset manager, have announced a new joint venture (JV) to establish wealth management and broking businesses in India. This move signifies Jio’s ambition to transform itself into a comprehensive financial services powerhouse, while […]
Limited Offer: Rs 150 Base Airfare for 50-Minute Flight
Fasten your seatbelts, budget travelers! The skies are opening up for affordable adventures like never before. India’s innovative Regional Connectivity Scheme (RCS), launched in 2016, is making regional air travel more accessible than ever. This government initiative incentivizes airlines to operate on specific routes, bringing down base fares and connecting previously under-served cities. The ₹150 […]