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The merger took effect on March 29, 2025, after all necessary regulatory approvals were obtained.

The second, valued at ₹255 crore, is for the Dholpur-Bina section in the North Central Railway’s Jhansi Division.

An industry veteran of over 30 years, he has worked across sectors including cement, construction, power and heavy metals and this experience will be an asset to the company.

It consists of a 198 km railway line in the Ratlam and Bhopal divisions of the Western and West Central Railways in Madhya Pradesh.

The gigafactory is expected to add 9,500 direct jobs and about 30,000 related jobs.

The newly awarded contracts will help enable troop transportation, logistics & other specialized mobility requirements in support of the CIWS programme

The SBLC was originally issued by Borosil Renewables to HDFC Bank’s Mumbai branch, and was used to back a €12 million loan that HDFC’s GIFT City branch had given GMB.

The minimum agreed tariff to supply power is ₹2.57 per kilowatt-hour (kWh), which is expected to be a competitive tariff in the renewable energy sector.

The Yelahanka project will have approximately 1.5 million square feet of saleable area and will comprise primarily premium residential apartments and high-street retail.

The acquisition value is up to €3.8 million (₹35.13 crore). As per the agreement, Wendt India will acquire exclusive rights to 60 trademarks registration across 40 countries.