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India’s Power Capacity Expands Significantly: From 305 GW to 476 GW Over Ten Years

India’s Power Capacity Expands Significantly: From 305 GW to 476 GW Over Ten Years

India’s Power Capacity Expands Significantly: From 305 GW to 476 GW Over Ten Years

India’s electricity sector has evolved dramatically over the last decade. In 2014, India’s installed electricity capacity was approximately 305 gigawatts (GW). By 2024, this capacity expanded to nearly 476 GW, reflecting a remarkable increase of about 56% over ten years.

Coal’s Central Role in Power Supply
Despite the global push for clean energy, coal continues to be a primary contributor to India’s electricity generation. The country’s coal-based power capacity rose from approximately 139.6 GW in 2014 to nearly 211 GW by 2024. This steady rise shows India’s ongoing dependence on coal to meet its growing electricity needs.
Authorities have also laid out plans to further develop coal capacity by adding about 80 GW by 2032. This future addition is expected to help stabilize power supply as demand continues to increase across the country.

Steady Growth in Renewable Energy Sources
While coal remains dominant, renewable energy in India has witnessed substantial growth. In 2014, the total capacity from renewable and non-fossil sources, including solar, wind, hydro, and nuclear, was roughly 75 GW. By 2024, this figure reached approximately 235 GW, showing a strong commitment to diversifying the energy mix.
Currently, nearly half of India’s total power capacity is derived from renewable and non-fossil sources. Solar power, in particular, has made significant progress, with the country achieving over 100 GW of installed solar capacity by early 2025. Wind, hydro, biomass, and nuclear energy have also made steady contributions to the sector’s growth.
During the financial year 2024-25, India added around 15 GW of renewable energy capacity, further strengthening its clean energy portfolio. This surge is supported by government incentives, falling solar equipment costs, and increasing investments from the private sector.

Expansion of Transmission Networks
India’s power sector progress extends beyond electricity generation. The country has also made considerable progress in improving its transmission and distribution systems. Over the last ten years, approximately 1.95 lakh circuit kilometers of new transmission lines have been installed, significantly improving power connectivity across the country.
Along with this, nearly 2,927 new substations were commissioned, while many older ones were modernized to handle increased loads. The country’s inter-regional power transfer capacity has now reached around 82,790 MW, enabling better power distribution across states.
These upgrades have resulted in improved electricity access. At present, rural regions generally have access to electricity for close to 22 hours each day, whereas urban centers typically benefit from about 23.4 hours of power availability daily. This marks a significant advancement compared to the levels of service available ten years ago.

Policy Measures Supporting Growth
India’s power sector expansion has been strongly influenced by supportive government policies. India has set a goal to develop 500 GW of non-fossil fuel energy capacity by the year 2030 as part of its broader strategy to meet international climate objectives.
Programs like the National Solar Mission, launched in 2010, have been central to boosting solar capacity. Other major initiatives include the Production-Linked Incentive (PLI) scheme for encouraging domestic solar manufacturing, policies promoting offshore wind development, and the National Green Hydrogen Mission aimed at fostering the next generation of clean energy technologies.
Recent energy market reforms, such as more competitive dispatch systems and integrated power trading platforms, aim to increase grid efficiency and reduce consumer costs.

Coal’s Continuing Importance
Even with the rapid expansion of renewable installations, coal still accounts for about 75% of the electricity actually generated in India. This underscores coal’s continuing relevance despite its decreasing share in installed capacity.
Some challenges persist, including high grid emission levels, financial strain on electricity distribution companies, funding hurdles, and regulatory complexities. Nevertheless, the growing investment by private companies in renewable energy suggests a gradual shift towards a more sustainable energy future.

Outlook for India’s Power Sector
Looking ahead, India plans to further modernize its power sector by focusing on large-scale battery storage, smart grids, and energy efficiency improvements to effectively manage the increasing role of renewable energy.
By 2032, India aims to surpass 900 GW of total installed capacity, with a significant share expected from clean energy sources. These developments are crucial to support the country’s expanding economy, ensure wider electricity access, and contribute meaningfully to global efforts to lower carbon emissions.

Conclusion
Over the last ten years, India’s power sector has made remarkable progress, with its total installed capacity almost doubling during this period. The combined growth of both coal and renewable energy sources, along with major transmission improvements, has strengthened the country’s energy framework. Despite some ongoing challenges, India is on a promising path to building a more sustainable, efficient, and diversified energy system.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Premier Energies Plans 10 GW Solar Expansion by FY28 Backed by Robust Indian Market

Vishnu Prakash R Punglia Promoters’ Stake Sale: A Strategic Step to Enhance Liquidity

Promoter Boost: Zee Media Shares in Spotlight After Major Stake Acquisition

Promoter Boost: Zee Media Shares in Spotlight After Major Stake Acquisition

Promoter stake hike sparks interest in Zee Media as financial struggles persist and strategic recovery efforts unfold to stabilize the company’s future.

Promoters Increase Stake, Market Reacts

Zee Media Corporation Limited’s shares have resurfaced in market discussions after a substantial promoter stake buy, signaling continued optimism about the company’s prospects despite enduring financial strain. The stock experienced some volatility during Friday’s trading session, dipping by more than 1.85% to touch ₹13.25 in early deals. However, the sentiment shifted quickly, pushing the price up to ₹13.47 before closing slightly lower at ₹13.42 per share.

Investors are now keeping a sharp eye on Zee Media after the recent wave of promoter acquisitions, hinting at a possible strategic move to reinforce their ownership stake.

AUV Innovations Adds 1.11 Crore Shares to Portfolio

According to recent stock exchange disclosures, AUV Innovations LLP—an entity linked to Zee Media’s promoter faction—has significantly increased its ownership in the company. The firm purchased approximately 1.11 crore shares in open market transactions at an average price of ₹13.6 per share. The overall transaction value is estimated to be around ₹15.04 crore.

This recent transaction builds upon a series of earlier purchases made by AUV Innovations LLP during May 2025. Back then, the promoter entity acquired 2.40 lakh shares on May 16, followed by another substantial acquisition of 29.60 lakh shares on May 19. Altogether, these purchases have taken the promoter group’s total acquisition to about 1.43 crore shares in just over a month.

Such continued buying activity from the promoters is often perceived as a positive signal by market watchers, indicating sustained interest in the company’s long-term prospects, even amid its current operational and financial challenges.

Financial Woes Evident in Q4 FY25 Results

Despite the positive development on the shareholding front, Zee Media’s recent financial performance paints a challenging picture. The company announced its financial results for the January–March 2025 quarter earlier in May, revealing a significant deterioration in earnings.

During the January–March quarter of FY 2024–25, the media giant recorded a sharp surge in its net loss, soaring 464% year-over-year to reach ₹36.76 crore. This was a sharp contrast to the ₹6.51 crore net loss recorded during the same period in the previous fiscal year.

The financial stress was also reflected in Zee Media’s declining operational revenue. The company posted consolidated revenue of ₹155.80 crore for the January–March period, representing a 13% drop from ₹178.98 crore in the corresponding quarter of FY 2023–24. This downward trend in revenue indicates a tough business environment, marked by reduced advertising income and broader challenges in the media sector.

Rising Expenses Exert Further Pressure

Intensifying Zee Media’s financial strain, overall expenditures for the fourth quarter climbed 6.39% annually, rising to ₹200.21 crore compared to ₹188.17 crore a year earlier. This mismatch between falling revenue and rising costs has significantly eroded profitability, leaving the company in a difficult financial position.

For the full financial year ending March 2025, the group reported an accumulated loss of ₹119.42 crore, underscoring the severity of its financial predicament. Additionally, the company acknowledged a negative working capital situation as of March-end, which further highlights its liquidity strain.

Strategy to Navigate Financial Challenges

In its official communication to the stock exchanges, Zee Media confirmed that proactive measures are underway to stabilize operations and address the financial challenges. Among these efforts are cost-reduction initiatives and negotiations with creditors to extend credit periods, providing breathing room for meeting ongoing contractual obligations.

The management has expressed its commitment to steering the company through this turbulent phase, emphasizing restructuring efforts aimed at improving operational efficiency and financial health over the medium to long term.

Investor Sentiment Hinges on Recovery Prospects

The promoter’s increasing stake comes at a time when investors are split between optimism over management’s confidence and concern over the company’s financial stability. While promoter buying often reflects faith in a company’s recovery prospects, Zee Media’s weak financial results have tempered enthusiasm.

Market experts believe that Zee Media’s near-term stock performance will heavily depend on the effectiveness of its cost-cutting measures, successful monetization of its media assets, and an eventual turnaround in advertising revenues — typically a key revenue driver for media companies.

For retail investors and market participants, the coming quarters will be critical in assessing whether the company’s financial rehabilitation plan gains traction and translates into shareholder value creation.

Final Thoughts

Zee Media Corporation finds itself at a crucial juncture, with its promoter group’s consistent share purchases hinting at a long-term commitment to the company’s future. While the sizeable acquisition of over 1.11 crore shares by AUV Innovations LLP is seen as a confidence booster, the company’s worsening financial performance remains a significant hurdle.

The steep rise in quarterly losses, coupled with shrinking revenues and growing expenses, paints a cautious picture for investors. However, with cost optimization efforts underway and promoter backing in place, Zee Media is clearly striving for a turnaround.

Whether these strategies will be enough to restore investor faith and financial stability remains to be seen. For now, Zee Media continues to stay under the spotlight as stakeholders closely watch its next moves in navigating these testing times.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Reliance Infra Soars on Jet Manufacturing Pact With Dassault Aviation

Nvidia Surpasses Apple, Becomes Most Valuable Ever!

Apple Needs Bold M&A for AI Competitiveness

Apple Needs Bold M&A for AI Competitiveness

As the AI revolution reshapes the tech landscape, Apple’s traditional acquisition strategy may no longer suffice. Bold bets and unconventional M&A moves could be key to catching up with rivals like Microsoft, Google, and Meta.

Summary:
Apple’s conservative mergers and acquisitions (M&A) strategy, focused on small, strategic buys, has served it well in the past. However, as artificial intelligence becomes the next big frontier in technology, the iPhone maker might need to rethink its playbook. With Microsoft’s multi-billion-dollar OpenAI alliance and Google’s aggressive AI investments, Apple risks falling behind unless it embraces larger, transformative deals that can accelerate its AI capabilities and product integration.

Apple’s AI Aspirations Face Strategic Hurdles
Apple Inc., the world’s most valuable tech company, is on a mission to assert its presence in the artificial intelligence (AI) arms race. With the rapid rise of generative AI tools and foundational models such as ChatGPT and Gemini, tech giants are aggressively acquiring talent, forging partnerships, and deploying capital to dominate the next computing era.
Apple’s cautious approach to mergers and acquisitions, focusing on smaller, integration-driven deals, may hinder its ability to compete in the fast-paced AI industry. Experts suggest that if Apple doesn’t adjust its risk-averse strategy, it could fall behind.

The Comfort Zone: Small, Strategic Acquisitions
Apple’s acquisition history reveals a pattern of precision and patience. From buying Siri in 2010 to acquiring AI-focused startups like Turi, Xnor.ai, and Vilynx, the company has consistently opted for small-to-mid-sized deals, typically under $200 million. These acquisitions are often aimed at enhancing specific features or absorbing niche teams rather than transforming entire business units.
This strategy has worked well in areas like chip design (e.g., the acquisition of P.A. Semi in 2008) and camera technology (Linx Imaging in 2015), where Apple quietly builds proprietary advantages into its devices. Yet, AI — especially generative AI — is playing out at a much different scale.

Rivals Are Writing Bigger Checks
Microsoft has committed over $13 billion to OpenAI, gaining early access to GPT models that now power its Copilot suite in Office, Azure, and Windows. Google has invested heavily in DeepMind and Anthropic, while Meta continues to build and open-source its LLaMA models.
These tech leaders are not just buying capabilities—they are shaping the future of foundational AI infrastructure. These moves reflect a recognition that controlling the core AI models, talent, and data pipelines is vital to maintaining competitive edge.
Apple’s absence from this top-tier AI infrastructure race is glaring despite announcements at WWDC 2024 about “Apple Intelligence,” the company has yet to showcase a model that rivals GPT-4, Claude, or Gemini in scale or capability.

Apple Intelligence: A Promising Start, But Not Enough
In June 2024, Apple unveiled “Apple Intelligence,” its suite of generative AI features to be integrated into iOS 18 and macOS Sequoia. The tools, including a revamped Siri, summarization capabilities, and intelligent writing assistants, were positioned as privacy-first and device-optimized.
To many, this marked Apple’s cautious entry into the generative AI fray. It even announced a partnership with OpenAI to integrate ChatGPT access into Siri — a rare move that implicitly acknowledged Apple’s limitations in foundational model development.
However, critics point out that such reliance on a third-party model reveals Apple’s strategic vulnerability in AI. Unlike its rivals, Apple doesn’t yet own or control a flagship model — a potential bottleneck for future innovation and monetization.

Why Apple Needs to Shift Its M&A Mindset
To build or acquire competitive large language models (LLMs), Apple will likely need to step out of its M&A comfort zone. This could involve:
Acquiring a model developer or AI lab: Apple could explore acquiring or investing in companies like Anthropic, Cohere, Mistral, or even open-source leaders like Hugging Face.
Merging with or buying enterprise AI platforms: Acquiring companies with scalable enterprise AI solutions could fast-track Apple’s AI-as-a-service ambitions.
Forming deeper equity alliances: Rather than standard licensing deals, equity-based strategic partnerships could offer access and influence over AI development roadmaps.
Such moves would demand Apple to deploy significantly larger checks—potentially in the multi-billion-dollar range—and embrace a more public, competitive stance in the M&A arena, which has traditionally clashed with Apple’s secretive corporate culture.

Balancing AI Innovation with Apple’s Core Values
One of Apple’s unique selling points is its commitment to privacy and ecosystem control. The company’s approach to AI — where data processing happens on-device, and user information isn’t fed into training loops — is appealing in a world of surveillance capitalism.
Any AI acquisition or partnership should align with Apple’s philosophy. However, Apple should focus on developing its own foundational model that emphasizes efficiency, privacy, and reliability to establish a trusted AI brand.

Regulatory Landscape: A Double-Edged Sword
Interestingly, Apple’s significant size and market influence could lead to increased antitrust scrutiny if it seeks to engage in large-scale mergers and acquisitions. The company is already under investigation in the U.S. and EU for App Store practices and anti-competitive behaviour.
Yet, the increasingly regulated AI space might also work to Apple’s advantage. Its emphasis on privacy, safety, and ethical AI could allow it to lead in “responsible AI,” potentially sidestepping some of the regulatory traps its rivals face with aggressive data harvesting.

The Road Ahead: Will Apple Make a Bold Move?
Apple has built its empire by zigging when others zag — with a focus on product polish, user trust, and vertical integration. However, AI may require a more horizontal, expansive strategy.
For Apple to truly lead in the AI future, it must move faster, think bigger, and buy bolder. Apple is now ready to step out of its M&A comfort zone and take a significant position in the upcoming technological revolution.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Markets on Edge: Global Tensions and Domestic Triggers

Raymond Realty Sets Bold Growth Trajectory: Six Project Launches and Higher Targets for FY26

Raymond Realty Sets Bold Growth Trajectory: Six Project Launches and Higher Targets for FY26

Raymond Realty Sets Bold Growth Trajectory: Six Project Launches and Higher Targets for FY26

With residential developments worth ₹14,000 crore on the horizon and a July stock market listing, Raymond Realty is accelerating its evolution into a dominant force in India’s real estate industry.

A New Chapter for Raymond Realty: Independent Growth and Expansion
Raymond Realty is preparing for a pivotal FY26, with plans to launch six new residential developments in the Mumbai Metropolitan Region (MMR), targeting a combined sales potential of ₹14,000 crore. As the firm readies itself for a separate stock exchange listing on July 1, it is capitalizing on its extensive land assets, strong development pipeline, and reputation for quality to strengthen its foothold in India’s highly competitive residential real estate sector.

Spin-Off from Raymond Ltd and Strategic Market Entry
The real estate division of the Raymond Group is entering a new era as an independent entity. Post its demerger from Raymond Ltd—which will now concentrate on engineering ventures—Raymond Realty will be listed as a distinct company starting July 1, 2025. This structural shift aims to grant the realty arm greater strategic focus and flexibility to execute its expansion plans as a dedicated real estate developer.
Shareholders of Raymond Ltd will receive one Raymond Realty share for each share they currently own, maintaining their investment stake as the group transitions into its new phase.

FY26 Pipeline: Six Residential Developments Across MMR
Raymond Realty’s strategic roadmap for FY26 includes six residential launches in the MMR, collectively targeting ₹14,000 crore in sales bookings. These projects will cater to a diverse clientele, with offerings ranging from ₹2 crore to ₹20 crore, spanning both mid-range and high-end segments.
CEO Harmohan Sahni reiterated the company’s commitment to delivering quality homes on schedule. Having already completed two residential developments since its 2019 inception and with six more underway, the firm has built a credible reputation in the Thane and Mumbai markets.

Expanding Reach Through Land Bank and Strategic Collaborations
The company’s sizable land holdings in the MMR continue to be a key enabler of its growth. With a total gross development value (GDV) of ₹40,000 crore and projects worth ₹10,500 crore already underway, Raymond Realty is well-placed to meet rising housing demand in the region.
In pursuit of asset-light growth, the company is actively exploring joint development agreements (JDAs) to unlock value from additional land parcels. Notably, recent JDAs in Mahim and Wadala, estimated at ₹6,800 crore, are projected to significantly contribute to annual pre-sales within the next two years. Expansion into Pune’s residential market is also on the radar under this model.

Strong Financials and Future Roadmap
Raymond Realty posted a robust performance in FY25, with revenue increasing 45% to ₹2,313 crore and profit before tax reaching ₹370 crore, up from ₹1,593 crore in the previous fiscal year. This growth underscores effective execution and healthy market traction.
The roadmap includes an annual topline growth target of 15% and a 25% rise in EBITDA, anchored by a disciplined, debt-free financial strategy.

Riding the Real Estate Momentum in Mumbai
Mumbai continues to serve as the primary hub for Raymond Realty’s expansion and strategic development efforts.
As the city contributes around 28% of residential sales across India’s top ten cities, the company’s focus on mid-size and premium housing aligns with evolving urban lifestyles and increasing demand for quality homes.
Despite caution from credit agencies and rising home prices, Raymond Realty remains optimistic. Residential property values in Mumbai have climbed by 7–8%, with this trend expected to hold steady.

Vision for the Future: Community, Trust, and Excellence
Raymond Realty’s objective surpasses mere housing development—it is dedicated to nurturing dynamic, seamlessly integrated communities.
By prioritizing high construction standards, timely project completion, and customer satisfaction, the company is building a brand anchored in trust and long-term value.
Its expanding portfolio, asset-light growth model, and sound financial health place Raymond Realty in a strong position to influence the future of Indian urban living.

Conclusion
With its sights set on FY26, Raymond Realty is making significant strides as a standalone real estate firm. The scheduled launch of six projects in MMR, a projected ₹14,000 crore in sales bookings, and a July stock market listing highlight its growth ambitions. Backed by a rich land bank, a sharp financial strategy, and an unwavering commitment to quality, the company is poised to redefine its role in India’s dynamic real estate landscape.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Emcure Pharma’s Full Acquisition of Zuventus Healthcare: A Strategic Leap in Indian Pharma

India’s Power Capacity Expands Significantly: From 305 GW to 476 GW Over Ten Years

Shivalic Power Control Ltd Secures Major Domestic Orders, Reinforcing Industry Leadership

Shivalic Power Control Ltd Secures Major Domestic Orders, Reinforcing Industry Leadership

Recent contracts worth over Rs 1 crore and a string of high-value deals underscore Shivalic Power Control’s dominance in India’s electrical panel manufacturing sector.

Introduction
Shivalic Power Control Ltd, a leading manufacturer of electrical panels, has clinched new domestic orders totaling Rs 1,06,00,000 from electrical contractors. This win, alongside a series of recent high-value contracts, highlights the company’s robust growth, technological prowess, and expanding market presence in India’s rapidly evolving power infrastructure sector.

Shivalic Power Control: A Snapshot of Excellence
Founded in 2004, Shivalic Power Control Ltd (SPCL) has grown into one of India’s most trusted names in electrical panel manufacturing. The company’s diverse product portfolio includes Power Control Center (PCC) panels, Intelligent Motor Control Center (IMCC) panels, Smart panels, Motor Control Center (MCC) panels, DG Synchronization panels, high-tension (HT) panels up to 33kV, variable frequency drive (VFD) panels, and power distribution boards, among others.
SPCL’s state-of-the-art manufacturing facility in Ballabgarh, Haryana, spans 1.25 lakh square feet and is equipped to produce 10,000 verticals annually. The company’s dedication to quality, innovation, and safety is evident through its ISO certifications and compliance with global standards like IEC 61439-1&2.

Recent Order Wins: A Testament to Market Trust
Rs 1.06 Crore Order from Electrical Contractors
In June 2025, Shivalic Power Control Ltd announced a significant domestic order valued at Rs 1,06,00,000. The contract covers a range of electrical panels, including HT switchboards, MCCB boxes, and various customized solutions, with execution scheduled for completion within the next few months.
Other Major Contracts in 2025
• Rs 2.31 Crore LT Panel Orders:
In April 2025, SPCL secured two separate contracts for low-tension (LT) panels from CBG and Mahagun, valued at Rs 1.52 crore and Rs 79 lakh, respectively. Both projects are slated for completion by July 2025, further strengthening the company’s order book.
• Rs 3 Cr deal happened with the GMT Industries:
In March 2025, Shivalic got a ₹3 crore contract from GMT Industries Limited for the provision of LT panels. This project, scheduled for completion by May 2025, is a major boost to the company’s growth trajectory and market reputation.
• Rs 49.95 Lakh Order from Vayu:
At the close of 2024, SPCL secured a Rs 49.95 lakh order from Vayu, a domestic client, with project completion targeted for March 2025.
• Rs 6.2 Million Order from Solid Properties:
In January 2025, the company was awarded a Rs 62 lakh order from Solid Properties Pvt Ltd for LT panels, with execution set for mid-April 2025.
• Rs 3.5 Million Contract Secured from Victora Auto
Also in January, SPCL won a Rs 35 lakh LT panel contract from Victora Auto Pvt Ltd, demonstrating its appeal across diverse industrial sectors.

Product Range and Technological Edge
Shivalic Power Control’s product suite is tailored to meet the needs of over 15 industrial sectors in India and abroad, including Nepal, Bangladesh, and several African nations. The company is renowned for:
• Custom Solutions:
Offering panels for automatic power factor correction, firefighting, VFD/AC drives, and more.
• Technical Partnerships:
Collaborating with top industry players like L&T, Schneider Electric, Siemens, and TDK to provide fully certified type-tested panels.
• Manufacturing Excellence:
Its facility is designed for seismic resistance and internal arc testing, ensuring maximum safety and reliability.

Financial Performance and Market Impact
SPCL’s robust order inflow has translated into strong financial results. For the fiscal year ending March 2024, the company reported a 55.5% jump in consolidated net profit to Rs 11.21 crore, alongside a 24.4% increase in revenue to Rs 102.18 crore over the previous year. The company’s shares have shown a positive trend, indicating strong investor confidence in its future growth potential.
Notably, the company maintains transparency in its transactions, with recent contracts not involving related parties or promoter interests, reinforcing its credibility in the market.

Industry Outlook and Strategic Positioning
The Indian electrical infrastructure sector is witnessing rapid expansion, driven by urbanization, industrial growth, and government initiatives in power and smart grid projects. Shivalic Power Control’s consistent order wins, technological partnerships, and focus on quality position it as a preferred supplier for both public and private sector projects.
SPCL’s ability to secure repeat business from major clients and its push into high-growth markets like HT panels (which contributed 94% of FY24 revenue) signal a bright outlook for the company.

Conclusion
Shivalic Power Control Ltd’s recent ₹1.06 crore order, along with a series of substantial contracts in 2025, highlights its strong position in India’s electrical panel manufacturing sector. With a strong product portfolio, cutting-edge manufacturing, and a growing client base, SPCL is well-placed to capitalize on the nation’s infrastructure boom. As the company continues to deliver on large-scale projects and expand its technological capabilities, it stands out as a beacon of reliability and growth in the sector.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Tel Aviv Stock Exchange Soars as U.S. Enters Israel-Iran Conflict

Strategic Consolidation: Emcure to Fully Take Over Zuventus Healthcare

Natco Pharma Shares Tumble After USFDA Concerns

Natco Pharma Shares Tumble After USFDA Concerns

The USFDA concludes inspection at Natco Pharma’s Kothur plant with seven observations, triggering a stock sell-off and raising regulatory compliance concerns among investors.

Summary:
Natco Pharma shares declined sharply after the USFDA issued seven observations following an inspection at its Kothur manufacturing facility near Hyderabad. The development raises short-term compliance concerns and puts regulatory scrutiny back in focus for the Indian pharmaceutical company. The market response reflects investor caution, although management has committed to addressing all issues raised.

USFDA Inspection Triggers Investor Anxiety at Natco Pharma
Hyderabad, India — This week, Natco Pharma Ltd’s shares faced downward pressure following the company’s announcement that the United States Food and Drug Administration (USFDA) had completed an inspection of its Kothur manufacturing facility near Hyderabad, resulting in seven observations. The news rattled investor sentiment, leading to a drop of nearly 5% in intraday trade, as regulatory compliance once again took centre stage in India’s closely watched pharmaceutical sector.
The inspection, conducted as part of routine regulatory oversight by the USFDA, was carried out at the Formulations Division in Kothur, Telangana, between June 10 and June 17, 2025. While no serious violations or import alerts have been reported yet, the issuance of seven Form 483 observations has raised concerns about the company’s quality control, documentation practices, and adherence to global manufacturing standards.

What is a Form 483?
A Form 483 is provided by the US FDA to point out conditions that could potentially be violations of the Food, Drug, and Cosmetic Act. These are typically observations made during on-site inspections and are intended to notify the company of potential issues. While not indicative of an immediate enforcement action, these observations can lead to further scrutiny, warning letters, or even delays in product approvals if not addressed satisfactorily.
In Natco’s case, while the company has not disclosed the specifics of the seven observations, it has acknowledged its receipt and stated its intent to submit a detailed response to the USFDA within the stipulated time frame.

Company Statement: Prompt Action Initiated
In a regulatory filing with the stock exchanges, Natco Pharma said:
“The USFDA has concluded an inspection at our Kothur unit with seven observations. We are preparing our comprehensive response and are committed to resolving all issues in a timely and compliant manner.”
Company insiders suggest that the observations pertain primarily to procedural deviations, documentation gaps, and areas of improvement in manufacturing processes rather than critical data integrity issues or safety violations. However, the nature and number of the observations are enough to trigger investor caution.

Stock Market Reaction
The market did not take the news lightly. Natco Pharma’s stock opened lower and slid further during intraday trading on the NSE, closing down by 4.8% at ₹775.30, compared to the previous close of ₹814.15. Trading volumes were unusually high, signalling panic selling among retail and institutional investors.
Brokerages reacted cautiously:
Motilal Oswal termed the development “watchful” and advised clients to await clarity on the nature of observations before making further investment decisions.
ICICI Securities noted that although Natco has a history of overcoming previous regulatory challenges, the presence of multiple observations raises the likelihood of delays in ANDA approvals, which could impact production schedules.

Impact on Business Operations and Approvals
Natco’s Kothur facility is a critical unit in the company’s production chain, supplying oral solid dosage formulations for both domestic and international markets. Importantly, this unit also handles several Abbreviated New Drug Applications (ANDAs) filed with the USFDA.
Analysts fear that unless the observations are resolved promptly:
Pending approvals may get delayed, impacting revenue inflows from the lucrative U.S. market.
The company may face greater scrutiny in future inspections, leading to operational disruptions.
Confidence from global partners and contract manufacturing clients may temporarily waver.
It is worth noting that the U.S. market accounts for nearly 35% of Natco Pharma’s revenues, making any regulatory hurdle a significant issue for both earnings and sentiment.

Regulatory Track Record: A Mixed Bag
This isn’t the first time that Natco has encountered regulatory scrutiny. While the company has successfully cleared inspections in the past, some of its facilities—including those in Visakhapatnam and Chennai—have received observations previously, though none have escalated to warning letters or import bans.
Industry observers argue that the situation remains manageable but should be monitored closely over the coming weeks, especially for any escalation in USFDA actions.

Analyst Take: Long-Term Fundamentals Intact
Despite the current setback, analysts point out that Natco Pharma remains a fundamentally strong player in the oncology, respiratory, and chronic therapeutics segments, with a robust pipeline and growing international footprint.
The company’s partnerships with global players, recent launches of complex generics, and strategic focus on high-entry-barrier products position it well for medium- to long-term growth.
Investors are advised to:
Track updates from the company on progress in resolution.
Watch for changes in USFDA’s tone in subsequent inspections or correspondence.
Focus on upcoming quarterly earnings to evaluate any operational or margin impact due to regulatory challenges.

Conclusion
The seven observations from the USFDA regarding Natco Pharma’s Kothur facility have once again highlighted the regulatory risks that have long been a concern in India’s pharmaceutical industry. While the impact appears manageable for now, the development underscores the importance of continuous compliance and operational vigilance in maintaining global credibility.
As the company works toward addressing the USFDA’s feedback, all eyes will be on its remediation plan and response timelines. For investors, the near-term may bring volatility, but the long-term value could remain intact if Natco navigates this phase effectively.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Waaree Energies Surges Over 11% on FTSE Index Inclusion Buzz

Adani Group Emerges as Leading Contender for Jaiprakash Associates: A Game-Changing Bid in India’s Infrastructure Sector

Adani Power Eyes Butibori Thermal Plant in Rs 3,000 Crore Acquisition Deal

Adani Power Eyes Butibori Thermal Plant in Rs 3,000 Crore Acquisition Deal

Adani Power accelerates growth plans by acquiring Reliance Power’s Butibori plant, aiming to capitalize on India’s rising electricity consumption.

Acquisition talks intensify as Adani Power eyes takeover of Butibori plant

Adani Power, India’s largest private sector thermal power producer, has entered advanced negotiations to acquire the 600 MW Butibori thermal power project, once operated by Reliance Power. The transaction’s valuation is projected between ₹2,400 crore and ₹3,000 crore, translating to roughly ₹4–₹5 crore for each megawatt of capacity. This strategic acquisition reflects Adani’s intent to tap into the rising demand for dependable electricity across India.

Reliance Power’s Insolvent Asset Up for Sale

Butibori Thermal Power Plant, based in Nagpur, is currently controlled by Vidarbha Industries Power Limited, a Reliance Power subsidiary. Financial distress forced the plant into non-operational status, making it a candidate for acquisition. CFM Asset Reconstruction Company (CFM ARC) is presently the sole creditor of the project, having purchased outstanding loans worth ₹1,265 crore. Adani Group plans to fully finance the acquisition using its own generated funds, reflecting the conglomerate’s robust financial position.

Originally, the Butibori facility, with two operational units, carried an estimated valuation of ₹6,000 crore. However, production has been halted due to operational and financial hurdles, reducing its current valuation substantially. For Adani Power, this offers a strategic bargain, aligning perfectly with its broader vision of strengthening its thermal power portfolio.

Previous Suitors and Changing Dynamics

Interestingly, JSW Energy had earlier expressed interest in acquiring the Butibori facility but eventually backed out, citing valuation and operational complexities. Reliance Power had previously utilized Butibori’s generation capacity for power distribution in Mumbai before that business was taken over by Adani Electricity Mumbai Ltd. The lapse of the power purchase agreement between Vidarbha and Adani in December 2019 plunged the facility deeper into financial troubles, leading to insolvency proceedings.

Why the Acquisition Makes Strategic Sense

This acquisition attempt comes at a time when India is witnessing a surge in peak power consumption. In recent presentations, the Adani Group emphasized that an increase in thermal power capacity is necessary to meet this burgeoning demand.

The strategic advantage for Adani Power lies in its proximity. Adani’s 3.3 GW supercritical coal-fired facility at Tiroda sits approximately 125 kilometers away from Nagpur. By integrating Butibori with its Tiroda facility, Adani could significantly enhance operational efficiencies and reduce logistics costs. The proximity allows potential synergy between the plants, streamlining coal supplies and grid connectivity.

Moreover, with Maharashtra holding a long-term Power Purchase Agreement (PPA) for 3,085 MW, this acquisition positions Adani to potentially capitalize on untapped capacity and future expansions.

Sector-Wide Implications of the Deal

Adani’s interest in acquiring the Butibori project marks a significant step toward consolidating its position in India’s thermal power sector. While much of the industry is currently pivoting towards renewable energy, thermal power remains indispensable for stabilizing base load requirements. Given recurring coal shortages in India and seasonal fluctuations in renewable generation, this acquisition could provide a critical advantage.

The Butibori project’s revival would not only improve Adani’s generation capacity but also enhance its bargaining position in Maharashtra’s competitive electricity market. This might create ripple effects for competing players like Tata Power and the Maharashtra State Electricity Distribution Company (MSEDCL).

Financing the Acquisition

Adani Group plans to finance the Butibori acquisition solely through its internal reserves, highlighting both its financial resilience and strategic focus on energy expansion.

Additionally, securing this asset at a relatively discounted price — due to halted production and bankruptcy distress — fits well into Adani’s larger strategy of acquiring stressed assets and turning them around profitably.

Final Thoughts

Adani Power’s ongoing negotiations for the Butibori thermal plant acquisition reflect a calculated expansion plan designed to capitalize on India’s escalating electricity demand. By potentially acquiring this distressed but strategically located facility, Adani not only boosts its overall generation capacity but also prepares for long-term competitive advantage in Maharashtra’s power sector.

While regulatory clearances and final shareholder approvals will shape the pace of execution, this move signifies Adani’s intent to dominate both regional and national power markets. If successful, the integration of Butibori with Adani’s existing infrastructure could turn a distressed asset into a revenue-generating powerhouse in the coming years.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Amazon Commits ₹2,000 Crore to Upgrade Delivery Network and Tech Systems in India

Amazon Commits ₹2,000 Crore to Upgrade Delivery Network and Tech Systems in India

Amazon Commits ₹2,000 Crore to Upgrade Delivery Network and Tech Systems in India

Amazon Commits ₹2,000 Crore to Upgrade Delivery Network and Tech Systems in India

Amazon India is preparing to significantly boost its operational capacity with a fresh investment of ₹2,000 crore, aiming to improve delivery speed and upgrade its technological infrastructure. This bold step is part of Amazon’s strategic vision to cement its position in India’s increasingly competitive e-commerce landscape, where consumer expectations for faster, more reliable deliveries are rising steadily.

Amazon’s Commitment to Faster Deliveries

The e-commerce giant is directing its latest investment towards expanding its fulfilment network, increasing processing capabilities, and enhancing last-mile connectivity. By ramping up the scale and efficiency of its delivery system, Amazon aims to provide quicker service to customers across both metro and non-metro areas. The company plans to upgrade its fulfilment centres, sortation hubs, and delivery stations to support the growing demand for same-day and next-day deliveries.

This move comes at a time when rapid delivery services are becoming the key battleground in Indian e-commerce. With rivals like Flipkart, Blinkit, Zepto, and Swiggy Instamart aggressively expanding their quick-commerce operations, Amazon’s investment is a timely response to maintain its competitive edge.

Major Technological Upgrades in Logistics

Beyond infrastructure, Amazon is focusing heavily on integrating new technologies to improve the safety, efficiency, and transparency of its logistics operations. The company is introducing advanced route-optimization tools that will ensure equitable workload distribution among delivery partners, reducing route complexity and travel time.

Additionally, Amazon is deploying digital safety measures, including systems to track helmet usage and monitor driving behaviours. These features will help the company improve safety standards for its delivery associates, aiming to reduce on-road risks and promote a safer work environment.

The investment will also support the development of upgraded driver partner apps. These apps will now offer real-time insights into earnings, delivery performance, and health benefits, improving transparency and empowering Amazon’s gig workforce with better information about their work conditions and compensation.

Focus on Employee and Partner Welfare

A unique aspect of Amazon’s strategy is its increasing focus on employee welfare and community-building among its delivery ecosystem. Amazon has introduced several initiatives aimed at improving the lives of its delivery partners.

One of the key programs is Ashray, which provides rest stops equipped with mobile charging stations, clean drinking water, and washrooms for delivery drivers. This initiative ensures that delivery associates have access to essential facilities while on duty.

Another welfare scheme, Samridhi, focuses on financial education, helping delivery personnel manage their finances more effectively and plan for a secure future. Additionally, the Pratidhi program extends scholarships to the children of delivery partners, supporting their educational aspirations.

Health and safety remain a priority under the Sushruta initiative, which offers healthcare facilities specifically for truck drivers. To further enhance worker well-being, Amazon plans to conduct free health check-up camps for approximately 80,000 delivery partners across India by the end of 2025.

Navigating a Competitive Market

Amazon’s decision to significantly enhance its Indian operations is a strategic move in light of the shifting dynamics within the e-commerce sector. The expansion of India’s online retail sector has eased to about 10–12% in 2024, a noticeable drop from the 20% growth recorded in past years. As competition intensifies and consumer loyalty hinges on faster, more reliable service, Amazon’s latest investment could help it regain momentum.

The company is also expanding its quick-commerce offering, Amazon Now, in key markets such as Delhi-NCR, Mumbai, and Bengaluru. These services aim to deliver groceries and essential items within two to four hours, directly challenging the dominance of Zepto, Blinkit, and other fast-delivery players.

With this ₹2,000 crore investment, Amazon is not only strengthening its physical and digital supply chain but also positioning itself to meet the evolving needs of Indian consumers who are increasingly seeking faster deliveries and seamless service experiences.

Conclusion

Amazon India’s significant financial commitment marks a critical step towards improving its delivery speed, enhancing worker safety, and supporting partner welfare. In an industry where rapid fulfilment is now a standard expectation, Amazon’s strategic upgrades in infrastructure and technology are likely to play a pivotal role in maintaining its market leadership.

By investing in people, technology, and faster delivery mechanisms, Amazon is aiming to build a more resilient and customer-centric e-commerce ecosystem. As competition heats up in India’s fast-growing market, such bold moves could be the key to sustaining long-term growth and consumer trust.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Reliance Plans ₹8,000 Crore Expansion to Boost Beverage Manufacturing Nationwide

Reliance Plans ₹8,000 Crore Expansion to Boost Beverage Manufacturing Nationwide

Reliance Plans ₹8,000 Crore Expansion to Boost Beverage Manufacturing Nationwide

Reliance Plans ₹8,000 Crore Expansion to Boost Beverage Manufacturing Nationwide

Reliance Consumer Products to launch up to 12 new plants in a major expansion drive, aiming to disrupt India’s beverage market with affordable alternatives.

Reliance Bets Big on Beverages with ₹8,000 Crore Investment

Reliance Consumer Products Ltd (RCPL), the fast-moving consumer goods division of Reliance Retail Ventures, is preparing to invest between ₹6,000 crore and ₹8,000 crore over the next 12 to 15 months. This large-scale investment signals Reliance’s strongest push yet into the beverages segment and is expected to significantly enhance its production capabilities across India.

This aggressive expansion strategy comes as the company seeks to challenge dominant global players like Coca-Cola and PepsiCo, along with several local competitors. The planned investment will primarily be used to set up 10 to 12 new beverage manufacturing facilities nationwide, including both greenfield projects and co-packing plants developed through strategic partnerships.

Expansion to Add 12 New Manufacturing Units

Reliance’s upcoming investment will be its largest capital allocation in the consumer products space to date. The expansion blueprint includes the establishment of a mix of wholly owned greenfield plants and jointly operated co-packing units. This will allow RCPL to enhance its footprint in key regional markets and streamline product availability across the country.

As part of its partnership strategy, the company has already operationalized a manufacturing facility in Guwahati in collaboration with Jericho Foods and Beverages LLP. Another plant is reportedly under development in Bihar, further underlining the company’s commitment to building a robust production network.

At present, RCPL produces its beverage lineup across 18 facilities, each established and run in collaboration with strategic partners through joint venture arrangements. This model has enabled cost efficiency and faster scale-up, helping the company distribute its products more competitively.

Growing Beverage Portfolio Targets Mass Market

Launched in 2022, RCPL has rapidly grown into a formidable player in India’s FMCG landscape. Its beverage portfolio includes recognizable brands like Campa Cola, Sosyo, Spinner, RasKik, and Independence. These offerings are positioned strategically to appeal to value-conscious Indian consumers, with pricing that undercuts rivals by 20% to 40%.

A standout among its recent launches is Spinner, a sports drink priced at ₹10 and backed by former Sri Lankan cricketer Muttiah Muralitharan. The brand has been designed to compete directly with premium-priced drinks like Gatorade and Sting, while offering a cost-effective alternative to the youth and fitness market.

Reliance is leveraging a bold cost-leadership approach as a key driver to deepen its reach across diverse consumer segments and expand its market footprint. The company has set its sights on achieving nationwide distribution by March 2027, with the beverage portfolio expected to reach 70% market coverage by the end of FY2025–26.

Strong Revenue Performance Despite Seasonal Challenges

RCPL has already started reaping the rewards of its growing presence in the FMCG sector. For the fiscal year 2024–25, the company recorded ₹11,500 crore in total revenue. Within this, flagship beverage brands Campa and Independence each crossed ₹1,000 crore in annual sales.

However, despite this performance, the company faced headwinds due to unexpected early monsoon rains, which affected peak summer demand for beverages. Even so, the strong year-on-year growth reflects consumer acceptance of its affordable, mass-market product range.

Beyond beverages, the company’s product line extends into packaged foods and personal care items, including brands such as Sil, Lotus Chocolate, and Ravalgaon. This diversification positions RCPL as a broad-based FMCG player, allowing it to tap into multiple consumption categories with localized appeal.

Joint Ventures Drive Faster Market Expansion

RCPL’s reliance on joint ventures as a manufacturing model has been instrumental in accelerating its expansion. Rather than building all production facilities from the ground up, the company has focused on leveraging partnerships with regional players to co-manufacture and distribute its products.

This approach not only lowers capital expenditure but also speeds up time-to-market—critical in India’s dynamic and competitive FMCG environment. With plans to replicate this model in upcoming plants, RCPL is poised to scale efficiently and respond to evolving consumer trends with agility.

Targeting Market Disruption Through Affordable Innovation

Reliance’s capital deployment approach signals a definitive ambition to disrupt and redefine the landscape of India’s beverage sector. By offering budget-friendly alternatives to legacy brands, RCPL is positioning itself to win over consumers across Tier II, III, and rural markets. Its pricing, product localization, and distribution goals align with the broader ambitions of Reliance Retail to dominate every corner of India’s consumption economy.

While RCPL is still building its brand recognition, the speed at which it is expanding its footprint and product lines suggests a calculated bid to disrupt entrenched market leaders. With affordability and availability as core pillars, the company is set to redefine how mass-market beverages are consumed in India.

Final Thoughts

Reliance Consumer Products’ planned investment of up to ₹8,000 crore signals a bold and ambitious move to capture a significant share of India’s beverage market. Through a mix of joint ventures, aggressive pricing, and regional expansion, RCPL is targeting widespread market access and production scalability.

Its growing beverage portfolio—led by brands like Campa Cola and Spinner—underscores Reliance’s commitment to building a diverse, competitive, and affordable consumer goods empire. As the company continues to roll out new facilities and strengthen its logistics, its goal of achieving full national availability by 2027 appears well within reach.

If Reliance executes on this plan effectively, the Indian FMCG sector may witness a major shift in the competitive landscape, with RCPL emerging as a dominant force in beverages and beyond.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Seizing Opportunity in Uncertainty: Inside Jio Financial’s Growth Strategy

India’s Data Center Doubling by 2026: What It Means for Infrastructure Investors

Man Infraconstruction Restructures LLP Stake, Holds Control Amid ₹503 Cr EPC Pipeline

Man Infraconstruction Restructures LLP Stake, Holds Control Amid ₹503 Cr EPC Pipeline

Debt-free company lowers interest in Man Aaradhya LLP to 45% but keeps 50.5% operational authority

Man Infraconstruction Ltd (MICL), a prominent player in the real estate and engineering sectors, has reported a current *EPC project backlog of ₹503 crore. Alongside this strong pipeline, the company has revised its stake in its affiliate firm, **Man Aaradhya LLP, lowering its holding to 45%* while strategically maintaining *50.5% combined control*, ensuring it remains the dominant decision-maker.

This move follows a year of solid financial performance. In FY 2025, MICL achieved *revenues of ₹2,251 crore, marking a threefold increase year-over-year. What’s more, the firm continues to operate with **zero net debt* and maintains a *healthy cash surplus of ₹570 crore*, placing it among the few net-cash-positive companies in the EPC space.

The ₹503 crore order book includes major engineering and port-related infrastructure assignments, along with more than *10 million square feet of internal construction projects. With this robust order flow, MICL is also expected to compete for major upcoming developments like the **Vadhavan Port*, highlighting its ambitions beyond existing commitments.

Although the reduction in LLP stake may appear like a scale-back, MICL has carefully retained *majority operational control*. This arrangement not only helps unlock capital for future initiatives but also ensures the company maintains a firm grip on the strategic direction of Man Aaradhya LLP.

This update is consistent with MICL’s broader business transformation. The company has been refining its real estate strategy by moving away from non-strategic phases and instead focusing on *premium residential developments* in key Mumbai neighborhoods such as *BKC, Marine Lines, Vile Parle, and **Pali Hill*. These locations are expected to contribute significantly to revenue in the next fiscal cycles.

Simultaneously, MICL’s EPC division is actively executing high-value projects and building a strong delivery track record. The ₹503 crore project pipeline forms a stable foundation for its engineering business, and the company’s *net cash status* gives it a competitive advantage when bidding for new public or private tenders.

Recent data also points to MICL’s momentum: it recorded *₹743 crore in quarterly sales (Q4 FY25), and its pipeline includes several luxury project launches worth **₹1,600 crore. Notably, upcoming projects in **Marine Lines and Pali Hill, with an estimated **₹3,400 crore in sales potential*, position the company to maintain its growth trajectory well into FY26.

What This Means for Investors and Stakeholders:

* *Financial strength*: MICL’s zero-debt, high-cash model provides risk protection and operational agility.
* *Governance clarity*: Although its stake in the LLP is lower, it retains control, reducing management risk.
* *Revenue visibility*: The EPC order book and real estate launches offer multi-quarter earnings support.
* *Execution risks*: The scale and complexity of EPC and luxury real estate projects still demand flawless delivery and market stability.

Summary

Man Infraconstruction Ltd, while trimming its stake in Man Aaradhya LLP to 45%, has retained 50.5% control, ensuring strategic command. With ₹503 crore in active EPC contracts and a cash-rich balance sheet, the company continues to push ahead with both infrastructure and high-end real estate projects in Mumbai—positioning itself for consistent growth in the near term.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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BlueStone Eyes $1.2B Valuation Ahead of IPO