Godrej Industries (GL) has incorporated a new subsidiary Godrej Investment Ltd (GIL). The new Company will serve as the umbrella holding company for group’s financial services businesses. The group’s current lending operations, housed under Godrej Capital Ltd., include Godrej Housing Finance Ltd. and Godrej Finance Ltd., a Non-Banking Financial Company (NBFC). Godrej Capital under the … Read more
Incorporated in September 2025, Reliance Intelligence is a wholly owned unit of Reliance Industries (RIL) It houses RIL’s AI partnerships with global technology firms such as Google and Meta It’s also executing its data centre plans. The group is building a gigawatt-scale AI-ready data centre in Jamnagar, Gujarat. The Company is now getting operationalized. It … Read more
Digital Connexion, a Reliance, Brookfield and real estate investment firm Digital Realty JV, will invest Rs 98,000 cr by 2030 to build 1 Gigawatt AI-native data centers in Visakhapatnam, Andhra Pradesh. The investment will span 400 acres. The project aims to support seamless AI workloads for hyperscalers and enterprises. The company already has a campus … Read more
The Company has signed a MOU with Germany-based NEURA Robotics GmbH to jointly develop and industrialise advanced robotics and humanoid technologies. The tie up targets to leverage upon Sona’s precision engineering and manufacturing capabilities, and NEURA’s expertise in cognitive robotics. NEURA was founded in 2019, and is focused on Cognitive Robotics Last it raised $130 … Read more
As per newspaper reports, Sona being India’s biggest importer of rare earth magnets, plans to locally manufacture the critical components used in electric vehicles, tapping into the government push to incentivize their production at home as China restricts their exports. (China, which produces around 90 per cent of the world’s rare earth magnets, put restrictions … Read more
Prestige Estates Projects (PEPL), one of India’s top five real estate developers, is looking to offer more entertainment and dining spaces in malls while cutting back on apparel retailers. 40% of mall space is targeted towards entertainment and restaurants vs 15-20% currently. Company operates four malls at present. By 2030, it plans to grow to … Read more
In a regulatory disclosure, Medicamen Biotech has informed that it has entered into a long-term Manufacturing & Supply Agreement with a prominent pharmaceutical distributor and marketing entity operating in the United States and Europe. Neither the name of the customer nor the financial details of the contract are disclosed. The company, however, has informed that collaboration … Read more
The Company has been adjudged as the highest bidder for Developing, Operating and Maintaining of Wayside Amenities in South Zone on Bengaluru Chennai Expressway Corridor (Phase II) Section on lease basis. The contract is awarded by National Highways Logistics Management Limited – a 100% owned SPV of National NHAI, Under Ministry of Road Transport and … Read more
Larsen & Toubro (L&T) is acquiring 21% stake of E2E Networks. E2E is a listed Company It was founded in 2009 and got listed in 2018 The Company mainly offers public cloud to it’s customers 21% stake acquisition by L&T is a combination of primary and secondary 15% primary through preferential allotment @ 3,622/ share … Read more