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Corporate Watch

ReNew Power gets valued at $8 billion in SPAC deal for NASDAQ listing

Pro forma consolidated and fully diluted market capitalisation of the combined company would be approximately $4.4 billion, the statement said Upon closing of the transaction, the.......

Former Coal India Chairman Anil Kumar Jha joins Jindal Power Limited (JPL)

New Delhi: Former Chairman of Coal India Limited (CIL) Anil Kumar Jha has joined Jindal Power Limited (JPL) as Chairman. JPL is a subsidiary of Jindal Steel & Power Limited. After completing.......

Reliance initiates process for carving out O2C biz into independent subsidiary

The demerger will facilitate the entry of Saudi Aramco, which plans to pick up 20 percent stake in the O2C business RIL also told its shareholders that talks with Saudi Aramco are going.......

Airtel and Qualcomm collaborate for accelerating 5G in India

Through Airtel’s network vendors and device partners, Airtel will utilise the Qualcomm 5G RAN platforms to roll-out virtualised and Open RAN-based 5G networks This collaboration.......

Inox Wind bags wind power project orders of 62 MW from IPPs

Projects to be executed across locations in Gujarat and Karnataka Projects to be commissioned by September 2021 New Delhi: Inox Wind has announced new orders for the supply and.......

Amara Raja to set up 50 MW captive solar power plant, lead acid recycling plant

The two projects will involve an investment of Rs 500 crore The lead acid recycling plant will have an estimated capacity of 1 lakh tonnes pa and will be set up at a total outlay of Rs.......

Meinhardt bags design & tech contract for Vadnagar heritage museum

New Delhi: Meinhardt further expands Heritage Portfolio in India by bagging the consultancy for the project of Archaeological Experiential Heritage Museum at Vadnagar. The tender evaluation took.......

Vedanta chief Anil Agarwal creates $10-bn fund to invest in govt’s PSU disinvestment plan

New Delhi: Vedanta Resources Limited Executive Chairman Anil Agarwal announced on Friday the creation of a $10-billion fund, along with London-based Centricus, to invest in the government’s.......

Linxon India commissions Nepal’s first 400-kV GIS substation at Dhalkebar

The Dhalkebar substation is the first 400 kV substation to enter operation in the country The completion of this project will facilitate the transmission of up to 1,000 megawatts of.......

L&T Chief SN Subrahmanyan appointed as Chairman of National Safety Council

New Delhi: The Ministry of Labour & Employment on Thursday announced the appointment of SN Subrahmanyan as the new Chairman of the National Safety Council (NSC). He has been appointed on the post.......

L&T, Japan’s IIS consortium secures order to supply 28 steel bridges for bullet train project

Without disclosing the value of the contract, L&T has said that the order falls into the ‘significant’ category, which means that it is valued between Rs 1,000-2,500.......

Vikram Solar commissions UP’s largest 140 MW solar project for NTPC

The largest solar plant by capacity commissioned so far in the state of Uttar Pradesh (UP) Expected annual energy yield: 319 MU/year   New Delhi: Vikram Solar has.......

Sterling and Wilson Solar commissions 25 MW solar energy project in Oman

The project, located on a 50-hectare site within Sohar Freezone, will save 25,000 tonnes of carbon emissions annually Last year, SWSL became the first Indian company to commission a.......

Tata Power Solar wins Rs 1,200-cr 320 MW solar PV project from NTPC

The commercial operation date for this project is set for May 2022 Including this project, the order pipeline of Tata Power Solar stands at approximately 4GWp with an approximate value.......

IGX gets its first strategic investors as Adani Total Gas, Torrent Gas pick up 5% stake each

Suresh P Manglani, CEO, Adani Total Gas, said, ‘IGX will play a key-role in discovering India’s own price benchmarks’ Torrent’s investment in IGX is in line with.......