Hindustan Copper, Adani Green Energy and IRFC to see some action today

03 Dec 2025 Evaluate

Hindustan Copper (HCL) has executed Memorandum of Understanding (MoU) with NTPC Mining (NML) to jointly participate in copper, critical minerals block auctions, develop and operationalize blocks for exploration, mining and processing of minerals. The objective of the MoU is to explore the possibility of joint investments for the development, mining and processing from existing assets of HCL and also to collaborate on existing and future domestic/overseas copper and critical minerals projects. 

Adani Green Energy’s wholly-owned subsidiary -- Adani Renewable Energy Holding Eleven (AREH11L) has incorporated wholly-owned subsidiaries, namely, Urjasetu Renewables (URL) and Hydrobloom Power (HPL) on December 02, 2025. The main objective of URL and HPL is to generate, develop, transform, distribute, transmit, sale, supply any kind of power or electrical energy using wind energy, solar energy or other renewable sources of energy. 

Indian Railway Finance corporation (IRFC) has signed a loan agreement with Sumitomo Mitsui Banking corporation GIFT city Branch at Gift city in Gandhinagar, Gujarat for raising External Commercial Borrowing loan of JPY equivalent $300 million. This becomes the first foray of IRFC 2.0 in the ECB market after its diversification move in infrastructure space having backward / forward linkage.

Cohance Lifesciences has received approval for the fund infusion by way of investment in Compulsorily Convertible Preferred Stock of NJ Bio Inc, USA, a subsidiary of the Company, upto an amount of $10 million. The fund when deployed will be used by the said subsidiary to support its growth initiatives including capex. The Board of Directors of the Company at its meeting held on December 2, 2025 has approved the same. 

TARC’s luxury residential development, TARC Tripundra, has received the Occupation Certificate (OC) much ahead of projected timelines marking a major execution milestone for the company. Launched in FY2023 and being completed in FY2026, Tripundra showcases TARC's ability to deliver high-specification, design-driven residential projects with precision, speed and disciplined financial management. With the OC now received, the company will commence the formal handover process, representing a major revenue recognition milestone.

Sayaji Hotels has entered into the Hotel Management Agreement with the Ranjangaon Hotel LLP for the purpose of providing operational services and managing properties in line with the brand standards of the company. Sayaji Hotels will Manage and Operate the 4-star rated Hotel owned by Ranjangaon Hotel LLP located at Rajnangaon, Ganpati, Pune. The Hotel property will consists of 50 Hotel Rooms, 1 Banquet Hall, 2 Restaurants, Gym, SPA. The Brand Name to be used will be ‘Effotel By Sayaji’.

Quality Power Electrical Equipments has received significant order worth of Rs 13.90 crore (Excluding Taxes) for supply of Coil Products. The said order is expected to be completed in 12 months.

© 2025 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.

×