Recently, India announced a significant change in its energy policy, allowing long-term coal supply contracts for independent power producers (IPPs) to boost coal-powered electricity generation. The new policy, which removes the requirement for power purchase agreements (PPAs), aims to spur new thermal plant construction and address challenges related to transporting coal to remote power plants. India plans to increase its coal-fired power capacity by 80 gigawatts by 2031-32.

State-owned Punjab National Bank (PNB) posted a remarkable 52% increase in net profit for the March quarter of the 2025 financial year, reaching ₹4,567 crore. This growth was driven by higher income and improved asset quality, with the bank reducing its non-performing assets (NPAs). In a broader view, PNB's full-year profit doubled to ₹16,630 crore. Additionally, the bank announced a ₹2.90 per share dividend for shareholders and revealed plans to raise up to ₹8,000 crore through bond issuance in the coming year.

Flipspaces, a tech-driven design and building solutions provider for commercial spaces, has successfully raised USD 35 million (Rs 297 crore) in a funding round led by Iron Pillar, with support from Prudent Investment Managers and Synergy Capital. This strategic capital infusion will support the company's expansion plans across India, the US, and the UAE, while strengthening its technology infrastructure. Flipspaces aims to revolutionize the commercial space design industry with its integrated, technology-first approach.

Simple Energy, a Bengaluru-based electric two-wheeler manufacturer, has announced its plans to raise Rs 3,000 crore through an Initial Public Offering (IPO) by FY27. The company aims to accelerate its market expansion, enhance manufacturing capabilities, and invest in research and development. With a goal of increasing its revenue and sales significantly over the next two years, Simple Energy is targeting key markets in India and plans to grow its sales volume substantially before going public.

State-owned Housing and Urban Development Corporation (HUDCO) has reported a 4% increase in its consolidated net profit for the March 2025 quarter, reaching Rs 727.74 crore, up from Rs 700.16 crore in the same period last year. The company also posted a rise in total income for the quarter, reflecting growth in its financial performance. In a bid to further enhance its capital, HUDCO announced plans to raise up to Rs 2,190 crore through a debenture issue. The company’s strong growth trajectory continues as it remains a key player in financing housing and infrastructure projects.

Routematic, a business-to-business ride services company, has raised USD 40 million in a funding round led by Fullerton Carbon Action Fund and Shift4Good. The company plans to utilize the capital to enhance its business model, expand operations in top cities across India, and expedite its journey towards a public listing. With services already active in 23 cities, Routematic is focusing on optimizing corporate commuting and expanding into international markets.

Solex Energy has secured a significant Rs 451.41 crore order from KPI Green Energy to supply 310 MW of advanced solar modules for GUVNL projects. This agreement marks a major milestone in Solex Energy’s growth trajectory and reaffirms its position as a trusted provider of cutting-edge solar technology. The order for N-Type TOPCon 615Wp glass-to-glass solar PV modules will commence delivery in September 2025, aligning with the rising demand for sustainable energy solutions.

Amazon Web Services (AWS) is set to launch its AWS Marketplace in India later this year, revolutionizing the enterprise software procurement process. AWS India President Sandeep Dutta described the launch as a "UPI moment" for enterprise software, emphasizing the marketplace's local relevance. The platform will allow businesses to discover, purchase, and pay for software solutions, data, and services in Indian rupees, with flexible payment methods like UPI, credit cards, and net banking.

Punjab Chief Minister Bhagwant Mann has called for accelerated recovery of outstanding loans from defaulters in the state’s cooperative banks to ensure unhindered lending, particularly to the agriculture sector. Highlighting the negative impact of defaulting large farmers and government employees, Mann emphasized the importance of timely loan repayments for the sustainability of cooperative banking in the state. Despite offering incentives for prompt repayment, the recovery of crop loans remains subpar, with only 65% of loans being recovered.

In a sweeping regulatory intervention, the Securities and Exchange Board of India (Sebi) has barred Synoptics Technologies Ltd and its promoters from accessing the securities market, citing evidence of a coordinated effort to siphon off IPO proceeds. The crackdown follows a detailed probe revealing that over half of the IPO funds—Rs. 19 crore out of Rs. 35.08 crore raised—were allegedly misappropriated under inflated issue-related expenses.