Airtel's Nxtra Gets $1B Investment for Data Centre Growth

Bharti Airtel announces a $1 billion investment from Alpha Wave Global, Carlyle, and Anchorage Capital in its subsidiary Nxtra Data, aimed at scaling data centre infrastructure and capturing market share in India's booming sector.

Srijan Group Buys DLF TechPark II, Land in Kolkata for Rs 696 Cr

Srijan Group has acquired DLF TechPark II and an 18-acre land parcel in Kolkata for Rs 696 crore, marking one of the city's largest real estate deals. The land, denotified from SEZ status, offers development potential for offices, retail, or mixed-use pro

FY26 Market: Record FII Outflows, DII Inflows, IPO Boom

Fiscal 2026 saw Indian markets end flat despite volatility from US policies and West Asia war. Record FII outflows of Rs 1.8 lakh crore were offset by DII inflows of Rs 8.3 lakh crore, while IPOs raised Rs 2 lakh crore. Gold and silver surged as top asset

28 Ships Stranded in Persian Gulf, Including 10 Foreign Vessels

The Indian government reports 28 ships, including 10 foreign-flagged vessels carrying LPG, crude oil, and LNG, are stranded in the Persian Gulf. Officials prioritize safe passage for Indian ships through the Strait of Hormuz amid rising insurance premiums

MP Industries Hit by High VAT and Gas Supply Cuts

Industries in Madhya Pradesh are warning of production disruptions and potential shutdowns due to the country's highest VAT on natural gas and fresh supply cuts, seeking urgent intervention from regulators.

India Ties Electronics Subsidies to Local Design, Warns Firms

The Indian government has issued a stern warning to electronics manufacturers, stating that subsidies under the Electronics Components Manufacturing Scheme will only be granted to companies that embed design, quality, and engineering within India. This po

CAG Report Reveals Rs 30,000 Crore Arrears, Blocked Capex

A recent CAG report tabled in the legislature highlights Rs 24,917 crore in GST and excise arrears for FY 2024-25, with total arrears reaching Rs 30,000 crore and significant capital expenditure blocked, raising concerns over fiscal management.

Gujarat Extends Solar Power Discount Hours for Industries

Industrial units in Gujarat will now receive electricity discounts for two additional daytime hours to promote solar power use and reduce reliance on costlier evening energy. The move is expected to save industries around Rs 128 crore annually.

Haryana Approves Rs 11,709 Crore Rail Projects

Haryana Rail Infrastructure Development Corporation approves revised project cost of Rs 11,709 crore and reviews major rail connectivity projects including Haryana Orbital Rail Corridor and Kurukshetra elevated track.

Jewar Airport to Boost Travel, Trade, and Tourism in UP

Jewar International Airport's operations are set to revolutionize connectivity, reducing distances between Purvanchal and western UP, boosting religious and medical tourism, and enhancing trade opportunities for local businesses.

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