Enviro Infra Engineers has won the bid and consequently received Letter of Intent (LoI) for Vento Power Infra from PTC India Financial Services for the development of a 40 MW (AC) grid connected solar power project in Bolangir District of Odisha, wherein the solar power generation shall be sold at a tariff of Rs 4.1/unit for a period of approximate 18 years. The cost of the acquisition of the project is Rs 115.61 crore. Further, the project has already achieved Partial Commercial Operation Date (PCOD). As part of the conditions for executing the project, the company is required to acquire Vento Power Infra.
Setco Automotive has entered into suspension solutions for MHCV Segment and launched the Load Cushion and Torque Rod Bush. This strategic expansion strengthens Setco’s presence in the commercial vehicle space, reinforcing its commitment to engineering excellence, durability, and performance. Engineered to perform across demanding terrains, both products offer improved vehicle stability, ride comfort, and shock absorption. They are manufactured using high-grade rubber and robust rubber-to-metal bonding, ensuring long-term reliability for OEMs and the aftermarket.
Heritage River Journeys, operating under the Brand name Antara River Cruises, India’s premier Luxury River Cruise operator, has entered into a construction contract with Hooghly Cochin Shipyard (Hooghly CSL) -- a wholly owned subsidiary of Cochin Shipyard (CSL)--for the construction of two Luxury River Cruise vessels to be operated on the Brahmaputra River. Once these vessels are put into operation, India - with its large network of rivers and waterways- will secure a prominent position on the global river cruise map, opening a gateway for the country to generate significant revenue from the largely untapped river cruise market.
Larsen & Toubro (L&T) has listed India’s first ESG bonds on the National Stock Exchange (NSE), setting a precedent for a greener and more sustainable financial future in India. The company has successfully raised Rs 500 crore through Non-Convertible Debentures (NCD) at a coupon rate of 6.35% under the Securities and Exchange Board of India’s (SEBI) newly introduced ESG and sustainability-linked bond framework.
TVS Motor Company has launched the all new TVS HLX 150 5G in the Republic of Congo. This new version introduces advanced features like LED headlamp, an adjustable rear suspension, 18-inch rear alloy wheel, add-on footrests for additional rider, chrome muffler, stylish rim tape on wheels and bold new graphics. It continues to be powered by the 150cc Eco Thrust engine with integrated oil-cooling technology - a combination that ensures efficient and smooth power delivery, reliability, engine longevity and low fuel and maintenance cost.
Mahindra Lifespace Developers has launched Mahindra ‘Codename64’, a landmark residential development in Malad (West), Mumbai. This launch marks the beginning of Mahindra Lifespaces’ redevelopment journey in the city and is part of a larger planned development. Located in Malad (West), one of Mumbai’s most desirable micro-markets, Mahindra ‘Codename64’ represents a significant milestone in the company’s strategic expansion, backed by a strong redevelopment portfolio and a robust future development pipeline.
Pritika Auto Industries’ subsidiary -- Pritika Engineering Components has received approval from board of directors for investment of up to $1,00,000 in 10,00,000 shares of $0.10 value per share of Omnia Engineering Inc., a company incorporated in the State of Delaware in USA, in one or more tranches. After investment in the above shares, Omnia Engineering Inc. will become a wholly owned subsidiary of Pritika Engineering Components, and Step-down Subsidiary of Pritika Auto Industries.
