 "Adani Green and TotalEnergies Forge Power Partnership Amid Market Surge")
Adani Green Energy has announced a significant milestone as its board approved a joint venture with TotalEnergies, allowing the French energy giant to invest $444 million. This partnership comes on the heels of a previous $300 million deal to enhance renewable energy capacity in India, a country still heavily reliant on coal. The new venture ...
 "Infosys Onboards Delayed 2022 Graduates Amid Union Vigilance and Promises")
Infosys is moving ahead with the onboarding process for engineering graduates from the 2022 batch, with many candidates receiving updates on their joining dates and offers. Reports suggest that over 1,000 campus hires have been contacted, although Infosys has not yet confirmed this officially. The onboarding will likely begin by the end of September or ...
 "Rs 700 Crore Revamp: Blackstone Transforms India’s Logistics Landscape")
Horizon Industrial Parks, managed by Blackstone Real Estate funds, is set to invest Rs 700 crore to upgrade 13 warehouses owned by the Central Warehousing Corporation (CWC) across India. This partnership aims to transform government-owned facilities into modern Grade-A spaces catering to sectors like e-commerce, retail, and logistics. The redevelopment will cover 2.4 million square ...
 "SBI’s Next Leader: Amara Recommended as Managing Director Amidst Transition")
Rama Mohan Rao Amara has been recommended for the position of Managing Director of the State Bank of India (SBI) by the Financial Services Institutions Bureau (FSIB). Amara, who is currently the Deputy Managing Director at SBI, will take over due to C S Setty’s recent elevation to Chairman of the bank. The FSIB evaluated ...
 "Vedanta Approves Massive Rs 20 Dividend, Boosting Total Payout to ₹13,474 Crore")
Vedanta, led by Anil Agarwal, has declared a third interim dividend of Rs 20 per share for the current financial year, bringing the total payout for FY25 to Rs 13,474 crore. Earlier this year, the company approved a first interim dividend of Rs 11 per share and a second of Rs 4 per share. The ...
 "Sebi Chief Buch Faces Scrutiny Amid Allegations of Salary Violations")
Securities and Exchange Board of India (Sebi) chief Madhabi Puri Buch has found herself in the spotlight as ICICI Bank clarified that she has not received any salary or employee stock options since her retirement. This comes after the Congress party accused her of possibly violating rules by drawing a salary while serving as Sebi’s ...
 "Government Reaps Rs 2,413 Crore Dividend from BPCL: Financial Surge Continues")
The Indian government received Rs 2,413 crore in dividends from Bharat Petroleum Corporation Limited (BPCL), as announced by the Department of Investment and Public Asset Management (Dipam). This amount is part of a total Rs 15,389.14 crore collected from various public sector enterprises in the current financial year, which includes dividends from companies like Indian ...
 "ByteDance Seeks .5 Billion Loan Amid Evolving Global Ambitions")
ByteDance, the Chinese company behind TikTok, is seeking a $9.5 billion loan, marking the largest dollar loan for a corporation in Asia outside of Japan. Major banks like Citigroup, Goldman Sachs, and JPMorgan are coordinating this effort, which is set for three years with an option to extend. The loan will help refinance a previous ...
 "India’s Semiconductor Revolution: Kaynes Technology’s Mega Plant Sparks Innovation in Gujarat")
The Union Cabinet has approved Kaynes Technology’s new semiconductor facility in Sanand, Gujarat, marking India’s fifth under the Semiconductor Mission. With an investment of Rs 3,307 crore, this plant will produce 6.3 million chips daily and cover 46 acres. Union Minister Ashwini Vaishnaw highlighted that most chips will be used in power equipment for trains, ...
 "Regulator Warns: Stop SME Listings Amid Fraud Concerns and Market Frenzy")
Ashwani Bhatia, a key member of the Securities and Exchange Board of India (Sebi), emphasized the need for exchanges to be cautious about listing small and medium enterprises (SMEs) due to rising fraud risks. As the Market capitalization of SMEs has hit Rs 2 trillion, Bhatia raised concerns about inadequate due diligence from auditors and ...
