Adani Enterprises’ subsidiary -- Adani Airport Holdings (AAHL) has entered into binding agreements to raise Rs 9,825 crore ($1 billion) of primary equity capital from a consortium of investors comprising Alpha Wave Global, Premji Invest, Temasek and BlackRock managed funds. The transaction values AAHL at a pre-money equity valuation of around $18 billion and represents one of the largest primary equity investments from financial institutions in India’s airport infrastructure sector. The investment brings long-duration institutional capital into the business at a time when India’s aviation sector is entering a sustained phase of passenger growth, capacity expansion and infrastructure investment.
Bajaj Finance, part of Bajaj Finserv, has acquired a 5 per cent stake in AI-powered video generation platform TrueFan AI, as part of its group-wide initiative to back technology startups and develop scalable solutions. The investment has been made under Finserv Intelligence, Bajaj Finserv's strategic initiative focused on applied research and innovation in high-tech solutions built in India for India and global markets.
Adani Energy Solutions’ wholly owned subsidiary -- Powerpulse Trading Solutions (PTSL), upon obtaining the requisite approvals, has entered into a Power Purchase Agreement (PPA) with Maharashtra State Electricity Distribution Company (MSEDCL) for the supply of 2,500 MW of renewable energy round-the-clock (RTC) power. The PPA is for 25 years from the scheduled commencement date of supply.
NMDC has fixed prices for iron ore effective from September 09, 2026, with Lump Ore (65.5%, 10-40 mm) priced at Rs 5,400 per ton and Fines (64%, -10 mm) at Rs 4,500 per ton. These prices are FOR prices that are exclusive of Royalty, DMF, NMEDT, Cess, Forest Permit Fee, transit fee, GST, environmental Cess and other taxes.
Berger Paints India is all set to commence its commercial production from its state-of-the-art, fully automated Solvent based paint manufacturing facility at Hindupur, Andhra Pradesh. The Solvent based paint manufacturing facility of the company at Hindupur has the capacity to produce 36,000 KL / MT per annum. The company has made an investment of more than Rs 188 crores for setting up of the said manufacturing facility.
Organic Recycling Systems’ Wholly Owned Subsidiary -- Solapur Bioenergy Systems (SBESPL) has secured Contract from Bharat Petroleum Corporation (BPCL) for an Engineering, Procurement, Construction, Operation and Maintenance (EPCOM) project for setting up of an Organic Municipal Solid Waste based Compressed Bio-Gas (CBG) Plant at Kozhikode, Kerala.
NLC India’s wholly owned subsidiary -- NLC India Renewables (NIRL) has received Letter of Award (LoA) from SJVN. NIRL participated in the Request for Selection (RfS) floated by SJVN for selection of Wind Power Developers for supply of 600 MW Wind Power from ISTS connected Wind Power Projects on PAN India basis under Tariff-Based Competitive Bidding and emerged as a successful bidder for development of aforesaid project with a contracted capacity of 200 MW.