Housing and Urban Development Corporation Limited (HUDCO) has signed a Memorandum of Understanding (MoU) with the Mumbai Metropolitan Region Development Authority (MMRDA) to finance and support infrastructure projects in the Mumbai Metropolitan Region (MMR).
IRB Infrastructure Developers Ltd. and its Private InvIT associate, IRB Infrastructure Trust together, the two entities have recorded a 23% year-on-year growth in toll revenue for FY2024-25 which is nearly double the national average The company also achieved an approximate 16% Y-o-Y increase in monthly toll revenue for March 2025. Total Toll Revenue for FY25 stood at INR 6,360 Cr, marking a significant increase from INR 5,169 Cr in FY24.Toll Revenue for March 2025 reached INR 5,568 Mn (INR 557 Cr), up from INR 4,809 Mn (INR 481 Cr) in March 2024.
Ola Group AI firm Krutrim has started hosting Meta’s recently-announced Llama 4 open source models on its cloud platform, the company said on Tuesday. Krutrim claimed to have become the first Indian AI company to deploy Meta’s Llama 4 models on domestic servers.
The board of Mazagaon Dock Shipbuilders has approved an interim dividend of ₹5 per share for financial year 2024-25. It fixed April, 16, 2025 as record date for the same. The payment of 2nd Interim Dividend shall be completed on or before May 7, 2025.
Godrej Pet Care, a subsidiary of Godrej Consumer Products Ltd, launched ‘Godrej Ninja’, a new pet care brand offering scientifically formulated dog food. The company has earmarked an investment of Rs 500 crore over the next five years, a top official said, said a PTI report. The launch of ‘Godrej Ninja’ marks Godrej Pet Care’s entry into India’s domestic pet food market, estimated to be worth around Rs 5,000 crore within the overall pet care industry, which is valued at Rs 6,000 crore.
State-owned REC on Tuesday signed an agreement with MMRDA to provide Rs 1 lakh crore finance for infrastructure projects. A memorandum of understanding (MoU) with Mumbai Metropolitan Region Development Authority (MMRDA) was signed by REC Director Finance Harsh Baweja and Financial Advisor at MMRDA Ankush R Nawale in the presence of Maharashtra Chief Minister Devendra Fadnavis at the India Global Forum (IGF) in Mumbai.
Senco Gold Ltd on Tuesday reported a robust 23 per cent year-on-year retail growth in the March quarter of FY25, driven by strong wedding season demand despite rising gold prices. The Kolkata-based jewellery retailer posted its highest-ever fourth-quarter revenue, exceeding ₹1,300 crore. For the full fiscal year, the company’s topline crossed ₹6,200 crore, marking a 19.4 per cent growth in retail sales and 14.6 per cent same-store sales growth (SSSG). Notably, the company’s revenue from non-East markets surpassed Rs 1,100 crore.
NTPC Green Energy Ltd has commissioned a 90 MW unit of Dayapar Wind Energy Project Phase-I in Gujarat, a BSE filing said on Tuesday. “The second part capacity of 90 MW out of 150 MW Dayapar Wind Energy Project Phase-I of NTPC Renewable Energy Limited at Bhuj, under 450 MW Hybrid Project is declared on Commercial Operation w.e.f. 00:00 Hrs. of April 9, 2025,” NTPC Green Energy Ltd (NGEL) said in the filing.
State-owned NBCC has signed an initial pact with RailTel Corporation of India Ltd to develop data centre projects. In a regulatory filing on Tuesday, NBCC said it has signed a strategic Memorandum of Understanding (MoU) with RailTel to develop data centre projects from concept-to-commissioning in India and overseas for a period of five years.
Essar Group’s IT arm Black Box on Tuesday announced the appointment of Jai Venkat as its Chief Revenue Officer (CRO) in the Americas, with immediate effect. Heading revenue strategy & execution, he will be a member of the executive leadership team and will report directly to Black Box CEO Sanjeev Verma.
Solex Energy on Tuesday announced the start of its 15 GW expansion plan in Gujarat which would cost around ₹8,000 crore. The expansion has started with initial capacity of 2.2 GW with over ₹200 crore investments, the company said in a statement. The capacity will be increased to 3.7 GW by September this year, from 1.5 GW at present, Solex Energy said, adding the capacity will be increased in phases to 15 GW, which will cost around ₹8,000 crore.
Home First Finance Company has launched a qualified institutional placement (QIP) with a base issue size of ₹1,000 crore. The indicative price band for the issue is set between ₹968.29 and ₹987.90 per share,
Published on April 9, 2025
