Exclusive

Publication

Byline

CRISIL places Anupam Rasayan's credit ratings on watch

India, June 3 -- Anupam Rasayan India (ARIL) has received credit ratings for bank facilities (Rs 1620 crore) and non-convertible debentures (Rs 160 crore) at CRISIL A+/ CRISIL A1. These ratings are pl... Read More


Zydus receives warning letter from USFDA for its Baddi site

India, June 3 -- Zydus Lifesciences has received a Warning Letter from the United States Food and Drug Administration (USFDA) relating to its formula on manufacturing facility located at Baddi, Himach... Read More


Gujarat Alkalies to source hybrid renewable energy from CLEANMAX

India, June 3 -- Gujarat Alkalies & Chemicals has partnered with Clean Max Enviro Energy Solutions (CleanMax) to source hybrid renewable energy for its manufacturing operations in Gujarat.The project ... Read More


Power Mech Projects wins order of Rs 266.23 crore from Adani Group

India, June 3 -- Power Mech Projects has secured an order worth Rs 266.23 crore from Adani Infrastructure Management Services of Adani Group for providing KPI based contract for operations and mainten... Read More


Shilpa Biocare to acquire 30.4% stake in Barcelona-based Gate2Brain

India, June 3 -- Shilpa Medicare announced that its wholly owned subsidiary, Shilpa Biocare intends to make a strategic equity partnership of 30.4% in Gate2Brain. The investment of Euro 7 million incl... Read More


Bajel Projects receives order for 400/220/33 KV GIS substation for data center

India, June 3 -- Bajel Projects has received an order from Mumbai-based data center client for design, engineering, procurement, supply, erection, testing, commissioning and performance testing of 400... Read More


John Cockerill India and its subsidiary secures contract valued Rs 1,300 crore

India, June 3 -- JSW Vijayanagar Metallics has entrusted John Cockerill India (JCIL) and John Cockerill Metal International SA (JCMI, wholly owned subsidiary of the company), with the design, engineer... Read More


Launch of Payment Systems' Connectivity Between India and Cambodia for QR-Code Based Cross-Border Merchant Payments

India, June 3 -- Reserve Bank of India (RBI) has been actively pursuing interlinking of Unified Payments Interface (UPI) with fast payment systems of other jurisdictions to promote cross-border paymen... Read More


RBI imposes monetary penalty on The Jalore Central Co-operative Bank Limited, Rajasthan

India, June 3 -- The Reserve Bank of India (RBI) has, by an order dated May 22, 2026, imposed a monetary penalty of ?2 lakh (Rupees Two Lakh only) on The Jalore Central Co-operative Bank Limited, Raja... Read More


RBI imposes monetary penalty on Shree Laxmi Co-operative Bank Ltd., Pune

India, June 3 -- The Reserve Bank of India (RBI) has, by an order dated May 22, 2026, imposed a monetary penalty of ?2 lakh (Rupees Two Lakh only) on Shree Laxmi Co-operative Bank Ltd., Pune (the bank... Read More