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Inox Wind Secures Repeat 210 MW Order From Hero Future Energies
Inox Wind, a leading wind energy solutions provider, has recently announced its successful bid for a repeat order of 210 MW from Hero Future Energies (HFE). This milestone underscores the strengthening partnership between the two entities and reaffirms the industry's confidence ...
Finance Ministry's New Rules Enable 100% FDI In India's Space Sector
The Finance Ministry has announced amended rules under the Foreign Exchange Management Act, allowing up to 100% foreign direct investment (FDI) in select categories. This decision, which comes ahead of Tesla chief Elon Musk's highly anticipated visit to India, signals a ...
Vedanta Group Taps JPMorgan For $300 Million India Bond Issue
Vedanta Ltd. has set its sights on raising Rs 2,500 crore (approximately $300 million) through rupee-denominated bonds, enlisting the expertise of JPMorgan Chase & Co. to orchestrate the financing, as reported by sources familiar with the matter. Spearheaded by Nitin Rungta, ...
RBI Plans License Regime For POS Players; Major Impact Expected
The Reserve Bank of India (RBI) is set to introduce a licencing framework for point-of-sale (POS) operators. This development is poised to impact major players such as Pine Labs, MSwipe, Paytm, and BharatPe. The objective is to ensure operational harmony and ...
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