April 17, 2026
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Business

Business Insights

Nothing 8 2

Bulk Drug Park at Una in Himachal Pradesh Secures Environmental Clearance, Paving Way for Pharma Manufacturing Hub

Business News Desk05 mins mins

In a major breakthrough for India’s pharmaceutical infrastructure, the upcoming Bulk Drug Park at Una in Himachal Pradesh has received environmental clearance from the Union Ministry of Environment, Forest and Climate Change (MoEF&CC). This milestone marks a decisive step toward establishing one of the country’s largest integrated facilities for the production of Active Pharmaceutical Ingredients…

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Adani Power Commits $3 Billion for 2,400 MW Ultra-Supercritical Thermal Plant in Bihar’s Bhagalpur

Business News Desk24 mins mins

In a landmark development for India’s energy infrastructure, Adani Power Ltd. has announced a $3 billion investment to establish a 2,400 MW ultra-supercritical thermal power plant in Pirpainti, Bhagalpur district of Bihar. The project, which will be executed under the Design, Build, Finance, Own, and Operate (DBFOO) model, is set to become one of the…

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Japan’s Hosoda Commits ₹882 Crore Investment in Karnataka for Solar Cell Manufacturing

Business News Desk05 mins mins

In a major boost to Karnataka’s renewable energy ambitions, Japan’s Hosoda Holdings has announced an investment of ₹882 crore to establish a solar cell manufacturing unit in the state. The announcement was made by Karnataka’s Minister for Large and Medium Industries and Infrastructure Development, M.B. Patil, following a high-level meeting with Hosoda Chairman Nakamura San…

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Vikram Solar Eyes 16–18% EBITDA Margins in FY26 Backed by Robust 10.96 GW Order Pipeline

Business News Desk04 mins mins

Vikram Solar Ltd., one of India’s leading solar PV module manufacturers, has set an ambitious target of achieving 16–18% EBITDA margins for the financial year 2025–26 (FY26), driven by a record-breaking order book and aggressive capacity expansion. The company’s Q1 FY26 performance has already laid a strong foundation, with EBITDA margins touching 21.4%, signaling operational…

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Cabinet Approves Land Allotment To GAIL India For Setting Up Bio-CNG Unit In Bengaluru

Business News Desk05 mins mins

In a significant move towards strengthening India’s renewable energy ecosystem, the Union Cabinet has approved land allotment to GAIL India Ltd. for setting up a state-of-the-art Bio-CNG unit in Bengaluru. This decision is a part of the government’s ongoing efforts to promote sustainable energy solutions, reduce dependence on fossil fuels, and boost the circular economy…

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Government of Maharashtra allots 100 acres to RRP Electronics Ltd., a leading semiconductor player

Business News Desk05 mins mins

In a major boost to India’s semiconductor and electronics manufacturing ambitions, the Government of Maharashtra has allotted 100 acres of land to RRP Electronics Ltd., one of the country’s emerging semiconductor leaders. This strategic move is being hailed as a significant step towards strengthening India’s presence in the global semiconductor supply chain, while also aligning…

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RCPL Signs ₹1,513 Crore MoU with Maharashtra Government to Build Integrated Food and Beverage Facility in Nagpur

Business News Desk04 mins mins

Reliance Consumer Products Ltd (RCPL), the fast-moving consumer goods (FMCG) arm of Reliance Industries Ltd, has signed a landmark memorandum of understanding (MoU) with the Maharashtra government to invest ₹1,513 crore in a state-of-the-art food and beverage manufacturing facility in Katol, Nagpur. The announcement was made on September 11, 2025, during a high-profile investment summit…

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Centre Receives ₹19,000 Crore Investment Proposals Under ECMS, Signals Surge in Electronics Manufacturing Momentum

Business News Desk04 mins mins

India’s ambitious push to become a global electronics manufacturing hub has received a major boost, with the Centre confirming over 150 investment proposals worth ₹19,000 crore under the Electronics Component Manufacturing Scheme (ECMS). The scheme, launched by the Ministry of Electronics and Information Technology (MeitY), aims to strengthen domestic production of critical components such as…

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Kolkata-Based Tega to Acquire Molycop US in $1.5 Billion Deal

Business News Desk06 mins mins

In a landmark move that positions India’s industrial sector on the global stage, Kolkata-headquartered Tega Industries has announced its intent to acquire Molycop, a 107-year-old U.S.-based mining consumables giant, in a $1.5 billion transaction. The acquisition, executed in partnership with Apollo Funds, marks the largest overseas industrial acquisition by a Bengal-based company and is expected…

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