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28 Jan 2026
Godrej Industries is actively assessing acquisition opportunities in consumer goods and animal feed, despite high valuations in India's fast-growing market. Deal activity in the consumer sector has risen sharply, supported by strong economic fundamentals and investor interest. The group recently expanded its consumer portfolio through the acquisition of Muuchstac. While Godrej Agrovet continues to search for suitable animal feed targets, options remain limited. The company is also diversifying export markets amid U.S. tariff concerns and remains confident about its real estate business outlook.Read more
28 Jan 2026
The Punjab and Haryana High Court has temporarily stayed the Municipal Corporation of Manesar's order to shut and dismantle UltraTech Cement's ready-mix concrete (RMC) plant in Naurangpur village, Gurgaon. UltraTech challenged the directive, citing over two decades of lawful operations and valid statutory approvals, including change of land use and building plan permissions from 1998, as well as a green-category consent to operate from Haryana State Pollution Control Board in 2024. The court has directed the corporation to submit a detailed reply by late February, allowing operations to continue until the next hearing.Read more
27 Jan 2026
India plans to achieve 100 GW of pumped storage hydroelectric capacity by 2035-36, according to the Central Electricity Authority (CEA). This goal supports the growing energy storage needs driven by renewable power expansion, with storage requirements expected to reach 62 GW by 2029-30 and 161 GW by 2034-35. The roadmap identifies state wise potential and promotes off stream closed-loop projects for grid resilience. Recent power sector discussions emphasized reform, energy transition, nuclear development, and distribution sector efficiency. Torrent Power and UGVCL topped utility ratings, highlighting sector performance improvements.Read more
27 Jan 2026
Madhya Pradesh's Chief Minister Mohan Yadav presented the state's industrial growth and investment potential at the World Economic Forum in Davos, attracting global investor attention. He highlighted the state's renewable energy initiatives, including floating solar projects and solar pumps for 3.2 million farmers, along with affordable electricity. Yadav also noted the state's large land banks, central location, low unemployment, and youth employment programs. Discussions with the Maldives covered cooperation in tourism, fisheries, healthcare, and IT. A major MoU was signed with DP World to boost logistics and industrial investment.Read more
27 Jan 2026
The World Bank has approved a USD 815 million long-term financing package for the 1,125 MW Dorjilung Hydropower Project in Bhutan, where Tata Power holds a 40 per cent stake. The remaining 60 per cent interest in the special purpose vehicle is owned by Bhutan's Druk Green Power Corporation. The funding comprises a mix of grants, credits and loans from the World Bank Group, including support from the International Development Association, International Bank for Reconstruction and Development and the International Finance Corporation. The project, structured under a public-private partnership model, is expected to generate over 4,500 GWh of clean electricity annually, with around 80 per cent of output supplied to India. Once operational, the project is expected to significantly expand Bhutan's installed power capacity and strengthen cross-border clean energy trade.Read more
26 Jan 2026
Fujiyama Power Systems has commissioned a 1 GW solar cell manufacturing plant at Dadri, Uttar Pradesh, with an investment of INR 300 crore, strengthening its domestic manufacturing capabilities. The new facility supports the company's backward integration strategy by bringing solar cell production in-house, reducing dependence on imports and improving supply stability. The entire capacity will be used for captive consumption to support Fujiyama's solar panel operations, taking its total panel manufacturing capacity to 1.6 GW. Completed within six months, the plant will produce mono PERC DCR solar cells that comply with India's domestic content requirement (DCR) norms, enabling participation in government-backed solar programmes and reinforcing the push for local manufacturing in the renewable energy sector.Read more
25 Jan 2026
Logistea AB has expanded its logistics real estate portfolio with the acquisition of two fully leased properties in the Swedish cities of Trollhattan and Växjö for a combined value of SEK 303 million. The assets, Tunnan 1 and Krysspricken 2, offer a total lettable area of 33,488 sq m and generate annual rental income of SEK 21.7 million, providing stable and immediate cash flows. The deal will be financed through a mix of bank loans and internal funds, with completion expected on February 11, 2026. The acquisition supports Logistea's strategy of investing in income-generating logistics and warehouse assets in strong regional markets with steady tenant demand.Read more
25 Jan 2026
TransportOne, the logistics software unit of Delhivery, has launched an AI-led autonomous transport management system to automate freight operations for large shippers. The system handles procurement, shipment planning, execution, and invoice reconciliation with minimal human intervention, reducing errors and revenue leakage. Built on a multi-agent architecture, different AI agents focus on procurement, execution, and invoicing, while users can interact through Microsoft Teams and WhatsApp using natural language. The platform reflects a growing shift toward automation in logistics, enabling teams to focus on oversight and strategic decisions rather than manual coordination.Read more
23 Jan 2026
BigBloc Construction Ltd reported a sharp improvement in its financial performance during the December quarter of FY26, with consolidated net profit rising threefold on the back of higher revenues and improved capacity utilisation. The AAC blocks, bricks, and ALC panels manufacturer recorded a 28.1% year-on-year increase in consolidated revenue to INR 72.81 crore for the quarter, compared with INR 56.82 crore in the year-ago period. Net profit rose to INR 48.91 lakh from INR 15.28 lakh a year earlier. The company attributed the growth to stronger order inflows, higher execution across its facilities, and a recovery in demand conditions. Improved capacity utilisation and a rise in sales volumes further supported profitability during the quarter under review.Read more
23 Jan 2026
The Brihanmumbai Municipal Corporation (BMC) reported that 662 of the 1,954 active construction sites in Mumbai have not installed sensor based air quality monitors, violating pollution control norms and High Court directions. The civic body has issued 409 showcause notices and 284 stop work notices for breaches including uncovered construction materials, missing fogging machines, tyre washing units, perimeter sheets, and lack of green cover. BMC is actively coordinating with project authorities to make the monitors operational and integrate them with the city's central dashboard, emphasizing the need for strict compliance during seasonal pollution peaks.Read more
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22 Jan 2026
First Industrial Realty Trust has clarified the tax treatment for its common stock distributions, providing guidance to shareholders on how these payments should be handled for tax purposes. The company urged investors to seek advice from tax professionals to accurately report these distributions. This update forms part of the company's ongoing efforts to maintain transparency and regulatory compliance. As a prominent industrial real estate trust, First Industrial Realty Trust continues to keep shareholders informed about financial implications of its distributions and related obligations.Read more
22 Jan 2026
The Ministry of Power has released the draft National Electricity Policy 2026, inviting stakeholder feedback within 30 days. The policy aims to reduce DISCOM losses, address non-cost-reflective tariffs, and curb high cross-subsidisation, while promoting competition, grid resilience, and consumer-centric services. It sets targets of 2,000 kWh per capita consumption by 2030 and over 4,000 kWh by 2047, aligning with India's climate commitments. Key measures include resource adequacy plans, tariff reforms, regulatory strengthening, renewable integration, and nuclear energy expansion to meet the country's growing power and sustainability goals.Read more
22 Jan 2026
Rays Power Infra has secured an INR 1,912 crore order from a public sector entity to develop a 300 megawatt renewable energy project in Karnataka, further strengthening its position in India's fast-growing clean energy sector. The project will be developed within an upcoming renewable energy park and is scheduled for commissioning over the next three years. With this addition, the company's total order book has crossed INR 8,000 crore, reflecting strong momentum in utility-scale renewable energy development.Read more
21 Jan 2026
GoodEnough Energy has commenced operations at its 7 GWh Battery Energy Storage System gigafactory in Noida, with plans to expand capacity to 25 GWh over the next three years. Backed by an investment of over INR 450 crore, the facility supports India's National Energy Storage Mission and net-zero goals. The company has also started rolling out storage projects nationwide, seeing strong demand across sectors. At current capacity, the plant is expected to help reduce over 5 million tonnes of CO? emissions annually.Read more
21 Jan 2026
A tragic accident in Sector 150, Greater Noida, claimed the life of 27-year-old software engineer Yuvraj Mehta after his SUV fell into a water-filled construction pit left unsecured at a stalled commercial mall site. The plot had remained open for nearly two years without barricades, fencing or reflectors, turning it into a serious hazard, especially during heavy fog. Despite signalling for help and sharing his location, rescue teams faced visibility challenges and could not reach him in time. Police have filed an FIR against the developers for negligence, while the Noida Authority has taken action against officials and ordered safety checks across construction sites.Read more
21 Jan 2026
Lodha Developers Ltd has announced a massive INR 1.3 lakh crore investment to develop a 2.5 gigawatt data centre park near Mumbai, marking one of the largest infrastructure commitments in India's digital economy. The project, backed by a fresh memorandum of understanding with the Maharashtra government signed at the World Economic Forum in Davos, builds on an earlier commitment made in 2025. Planned at Lodha's Palava township, the park is expected to become the largest data centre cluster in the country, hosting global and domestic hyperscalers. The investment underscores Maharashtra's ambition to position itself as a leading data infrastructure hub while generating large-scale employment and supporting India's rapid digital transformation.Read more
21 Jan 2026
ACME Solar has started operations of a 68 MW wind energy capacity at its 100 MW project located in Surendranagar, Gujarat. The project is being developed in phases through its subsidiary, ACME Eco Clean Energy Pvt Ltd. The latest commissioning added 12 MW, taking the operational capacity to over two-thirds of the planned size. Power generated from the project will be sold under a long-term 25-year power purchase agreement with Gujarat Urja Vikas Nigam Limited. The project has received financial backing from Power Finance Corporation.Read more
19 Jan 2026
Maruti Suzuki India Limited will invest INR 35,000 crore to set up a new vehicle manufacturing plant near Sanand in Gujarat's Ahmedabad district, strengthening the state's position as a major automobile manufacturing hub. The proposed facility will come up at Khoraj GIDC on 1,750 acres of land and is expected to generate employment opportunities for over 12,000 people. The Gujarat government described the project as a significant step in expanding India's most competitive automotive corridor and deepening India Japan industrial ties. The investment follows a memorandum of understanding signed during the Vibrant Gujarat Summit 2024. The new plant will complement Maruti Suzuki's existing Hansalpur facility, which is also expanding capacity, underscoring the company's long-term commitment to Gujarat.Read more
19 Jan 2026
Haryana has received coal allocation from the central government for an 800 MW expansion unit at the Rajiv Gandhi Thermal Power Plant in Khedar, Hisar. This allocation, made under the SHAKTI Scheme, will ensure a long-term, steady fuel supply and help prevent power generation disruptions. The expansion is expected to significantly enhance the state's electricity capacity, supporting industrial, agricultural, and domestic needs. The move reflects Haryana's commitment to energy security, affordable supply, and long-term infrastructure development.Read more
19 Jan 2026
Nasdaq-listed data and AI services firm EXL is planning to set up two new delivery centres in tier-2 or tier-3 cities in India this year, as it looks to leverage cost advantages, infrastructure availability and a growing talent pool beyond major metros. CEO Rohit Kapoor said the centres, each expected to house 500-1,000 employees, will be operational in 2026 and are part of the company's broader strategy to align with rising global IT spending on artificial intelligence, infrastructure and cybersecurity. While traditional IT maintenance spending remains under pressure, Kapoor said demand is increasingly shifting towards AI-led workflow transformation and innovation. India continues to be central to EXL's global delivery ecosystem, accounting for nearly three-fourths of its workforce, with strong capabilities in digital operations, data analytics and AI.Read more
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