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Sunflag Iron & Steel Company wins bids for Tambia South Coal Block in Madhya Pradesh

India, May 15 -- Sunflag Iron & Steel Company has been declared as a successful Bidder vide communication dated 14 May 2026 received from the office of Nominated Authority, Ministry of Coal, for alloc... Read More


ITC Hotels acquires Zuri Kumarakom, Kerala Resort & Spa

India, May 15 -- ITC Hotels has today signed definitive agreements for acquisition of a luxury resort in Kumarakom, Kerala - The Zuri Kumarakom, Kerala Resort & Spa (Resort). The Company will acquire ... Read More


Rajratan Global Wire acquires land and building in Thailand

India, May 15 -- Rajratan Global Wire announced that its wholly owned subsidiary, Rajratan Thai Wire Co. has acquired land admeasuring 2.42124 acres along with a building constructed thereon admeasuri... Read More


Reserve Bank of India imposes monetary penalty on Appnit Technologies Private Limited

India, May 15 -- The Reserve Bank of India (RBI) has, by an order dated May 11, 2026, imposed a monetary penalty of Rs. 5.80 lakh (Rupees Five Lakh Eighty Thousand only) on Appnit Technologies Private... Read More


RBI imposes monetary penalty on IIFL Finance Limited

India, May 15 -- The Reserve Bank of India (RBI) has, by an order dated May 11, 2026, imposed a monetary penalty of Rs. 3.10 lakh (Rupees Three Lakh Ten Thousand only) on IIFL Finance Limited (the com... Read More


Duke Energy breaks ground on Cayuga Energy Complex project in Vermillion County

United States, May 15 -- Duke Energy ceremonially broke ground on its new project that will modernize and expand power generation at the existing Cayuga power plant in Vermillion County.About the proj... Read More


ADB President Meets Philippine President Marcos, Offers $1.75 Billion in Crisis Support

Philippines, May 15 -- Asian Development Bank (ADB) President Masato Kanda met Philippine President Ferdinand R. Marcos Jr. at Malacanan Palace and said ADB is ready to provide up to $1.75 billion in ... Read More


ADB, AIIB Support First Panda Bond Issuance for Green Projects in Pakistan

Pakistan, May 15 -- The Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB) have collaborated to support Pakistan's first issuance of a Panda bond to finance its Sustainab... Read More


African Development Bank and Government of Rwanda launch $300 million energy sector Results-Based Financing II program co-financed with AIIB to accelerate universal energy access

Rwanda, May 15 -- The African Development Bank Group, in partnership with the Asian Infrastructure Investment Bank (AIIB) and the Government of Rwanda, has launched the Energy Sector Results Based Fin... Read More


African Development Bank approves $200 million financing facility for Bank of Industry in Nigeria

Nigeria, May 15 -- The Board of Directors of the African Development Bank Group has approved a $200 million financing facility for the Bank of Industry (BOI), to expand access to long-term financing f... Read More