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By Vinod Pathak , 12 June 2025
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Waaree Energies Secures Major US Solar Module Order, Surpassing 1,200 MW in FY26 Q1

Waaree Energies, a prominent Indian renewable energy company, has secured a significant order for 599 MW of solar modules from the United States, bringing its total orders for the first quarter of FY26 to over 1,200 MW. The deal, finalized through its US subsidiary, Waaree Solar Americas, further solidifies the company’s expanding footprint in the American solar market. This latest achievement highlights Waaree's growing momentum in the clean energy sector, supported by its state-of-the-art manufacturing facility in Brookshire, Texas.

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  • Energy
  • Company News
By Nishant Verma , 12 June 2025
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Rekha Jhunjhunwala Halves Stake in Nazara Technologies, Trimming Estate’s Holding to 3.66%

Rekha Jhunjhunwala, the executor of late Rakesh Jhunjhunwala’s estate, has reduced the estate’s stake in gaming and esports company Nazara Technologies by nearly half, from 7.05% to 3.66%. The offloading occurred over two tranches between June 2 and June 10, 2025, with a combined sale of approximately 30 lakh shares through open market transactions. While the specific sale prices were undisclosed, Nazara Technologies’ stock traded modestly higher at Rs. 1,273.50 on the BSE.

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  • Technology Sector
  • Gaming
  • Company News
By Amrita Bhatia , 12 June 2025
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India's Social Security Coverage Expands Significantly, Reaching 64.3% in 2025

India's social security coverage has seen a remarkable increase, rising to 64.3% in 2025 from just 19% in 2015, according to data from the International Labour Organization (ILO). This rapid expansion, covering over 94 crore citizens, has positioned India as the second-largest social protection provider globally. The government’s commitment to inclusive welfare policies, particularly under the 'Antyodaya' initiative, has been instrumental in this achievement.

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  • Social Media
  • Internet
  • Cyber Security
By Nitin Mohan Mishra , 12 June 2025
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India's Natural Gas Demand Set to Surge: A Shift Toward Cleaner Energy and LNG Dependence

India’s natural gas consumption is projected to rise significantly over the next two decades, driven by the growing demand for cleaner energy alternatives in sectors like transportation, industrial production, and domestic cooking. According to a study by the Petroleum and Natural Gas Regulatory Board (PNGRB), gas consumption could increase by nearly 60% by 2030 and double by 2040.

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  • Energy
  • PNGRB
By Keshav Kulshrestha , 12 June 2025
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Hindustan Zinc Declares Rs. 4,225 Crore Interim Dividend Amid Profit Surge and Expansion Plans

Hindustan Zinc Ltd, a Vedanta Group company and India's leading zinc producer, has announced an interim dividend of Rs. 10 per share for FY2025-26, totaling Rs. 4,225 crore. This move underscores the firm’s strong financial footing, driven by a 47.3% surge in Q4 net profit to Rs. 3,003 crore. The dividend also provides the Indian government with approximately Rs. 1,180 crore in receipts.

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  • Dividend
  • India Business
  • Metals
By Vrinda Chaturvedi , 12 June 2025
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Sebi Introduces New UPI Payment Mechanism to Enhance Security in Financial Transactions

The Securities and Exchange Board of India (Sebi) has introduced a new Unified Payments Interface (UPI) payment mechanism to strengthen the security and transparency of financial transactions within the securities market. Effective from October 1, 2025, all registered intermediaries will be required to implement this system, which aims to address rising concerns over fraudulent activities and impersonation. The new framework will include a revamped UPI address structure and a feature called "Sebi Check," allowing investors to authenticate intermediaries through verified UPI IDs.

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  • SEBI
  • Technology Sector
  • Cyber Security
By Gurminder Mangat , 12 June 2025
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Renalyx to Invest Rs. 800 Crore in Indigenous AI-Powered Dialysis Machines, Eyes Global Market and Public Listing

Renalyx Health Systems, a Bengaluru-based medtech innovator, has unveiled plans to invest Rs. 800 crore over the next four years to establish three state-of-the-art manufacturing facilities. The initiative aims to produce the RENALYX RxT 21, the world’s first fully indigenous AI- and cloud-enabled dialysis machine. With approvals from regulatory bodies such as CDSCO and EU CE, and FDA clearance in the pipeline, Renalyx is poised to revolutionize renal care in India and abroad.

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  • Healthcare
  • Company News
By Keshav Kulshrestha , 12 June 2025
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Vodafone Idea Launches 5G Services in Bengaluru, Expanding Nationwide Network Coverage

Vodafone Idea (Vi) has officially launched its 5G services in Bengaluru, marking another key milestone in its nationwide 5G rollout. This new service follows the company's recent expansions in Mumbai, Delhi-NCR, Patna, and Chandigarh, and is part of its strategy to establish a 5G presence across all 17 priority circles by August 2025. The rollout aims to enhance the digital experiences of Vi users in Bengaluru, offering unlimited 5G data with plans starting from Rs 299.

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  • Telecom
  • Company News
By Gurleen Bajwa , 12 June 2025
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Redington Elevates Rajat Vohra to India CEO; Ramesh Natarajan to Oversee India-Middle East Operations

Redington Ltd, a prominent technology solutions provider, has announced significant leadership changes set to take effect on July 1. Rajat Vohra, currently Chief Sales Officer, will step into the role of Chief Executive Officer for India operations. Meanwhile, Ramesh Natarajan, the current CEO, will assume broader responsibilities as CEO for India and Middle East markets. These appointments reflect Redington’s strategic intent to bolster regional integration, deepen customer engagement, and sustain growth momentum.

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  • Technology Sector
  • Company News
By Nitin Mohan Mishra , 12 June 2025
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IREDA Secures Rs 2,000 Crore Through Oversubscribed QIP, Strengthening India’s Renewable Energy Sector

State-owned Indian Renewable Energy Development Agency (IREDA) has successfully raised over Rs 2,000 crore through a qualified institutions placement (QIP) that closed on June 10. The QIP, which was oversubscribed 1.34 times, saw strong participation from both domestic and international institutional investors, including insurance companies, commercial banks, and foreign portfolio investors (FPIs). The capital raised will bolster IREDA’s tier-I capital, enhance its capital adequacy ratio (CAR), and support the company’s growing role in financing India’s renewable energy projects.

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  • Company News
  • India Business
  • Energy

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