News Overview

The scope also includes setting up signalling towers and related infrastructure across the corridor.

The company said the purpose of acquiring the shares is to secure open access to renewable energy and increase its solar energy usage in Maharashtra.

In addition, Pallon S Mistry has been inducted to the company’s board, representing the next generation of the Shapoorji Pallonji family.

The move suggests Himatsingka may be looking to strengthen its balance sheet or support future expansion at a time of shifting market conditions.

The earlier three-month approval, granted on May 30, 2025, was due to lapse on August 31. At that time, the regulator had called it the “final extension” for the arrangement.

Together, these underscore Waaree’s growing presence in the American renewable energy market.

The IPO of Jio is expected to be one of the most closely watched listings in India’s capital markets, marking the next major milestone for Reliance in unlocking value across its businesses.

On the other hand, revenue rose 12.2% in Q2 CY25 to ₹3,175.4 crore, compared with ₹2,831 crore in the corresponding quarter of the previous fiscal.

Despite the dilution, Billion Dream Sports incorporated on 31 July 2025 will remain a subsidiary of Authum.

Nishant, who has been part of the company’s board since 2008, was re-appointed to the board for a five-year term in May 2024.