Adani Power Ltd has emerged as the lowest bidder for Bihar’s ambitious 2,400 MW Bhagalpur thermal power project, quoting a competitive tariff of Rs 6.075 per unit. The project, valued at approximately Rs 26,000 crore, marks a significant milestone in Bihar’s push toward energy self-sufficiency and industrial growth. Expected to be developed over the next five years, the ultra-supercritical plant will strengthen the state’s power infrastructure and generate large-scale employment during construction.

Sri Lanka’s apparel sector, the country’s top export earner, has sounded an alarm over mounting inefficiencies at Colombo Port, urging the government to expedite long-overdue reforms. The Joint Apparel Association Forum (JAAF) warned that congestion, manual processing, and frequent vessel diversions are undermining the nation’s export competitiveness.

Artificial intelligence (AI) and robotics are revolutionizing global agriculture, according to the latest World Economic Forum (WEF) report. The study emphasizes that smart technologies — including autonomous tractors, drone-based crop monitoring, and predictive analytics — are transforming the sector’s productivity, efficiency, and sustainability. As climate challenges intensify and demand for food continues to rise, the integration of AI-driven precision farming is becoming essential for optimizing resources and reducing waste.

India’s economy is projected to expand at a rate exceeding 6.8% in FY26, according to Chief Economic Adviser (CEA) V. Anantha Nageswaran. Buoyed by robust domestic consumption, structural tax reforms, and a resilient services sector, the revised forecast marks a notable improvement over earlier estimates of 6.3%–6.8%. The CEA attributed this optimistic outlook to sustained economic momentum, stronger private investment, and the positive impact of income tax relief and GST rationalisation.

In a significant ruling, the National Company Law Appellate Tribunal (NCLAT) has set aside the insolvency proceedings initiated against Mahagun (India) Pvt. Ltd., a prominent real estate developer. The tribunal directed the National Company Law Tribunal (NCLT) to re-examine the matter under a project-specific lens, rather than imposing a blanket corporate insolvency.

Alembic Pharmaceuticals Ltd. has received final approval from the U.S. Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Dasatinib Tablets in multiple strengths. This marks a significant milestone for the Indian drugmaker, granting it entry into the U.S. market for a high-value oncology medicine used in the treatment of chronic myeloid leukaemia (CML) and acute lymphoblastic leukaemia (ALL). The approval reinforces Alembic’s growing presence in complex generics and regulated markets, with the U.S.

Singapore Telecommunications Ltd (Singtel) has sold a portion of its shareholding in Bharti Airtel for approximately ₹10,353 crore, marking another significant step in its multi-year capital-recycling strategy. The block deal, executed at ₹2,030 per share, reduces Singtel’s ownership in Airtel to 27.5%, reflecting its continued portfolio optimization amid growing focus on digital infrastructure and next-generation connectivity ventures.

Kirloskar Ferrous Industries Ltd. (KFIL) posted an 11% increase in its consolidated net profit for the second quarter of FY2025–26, driven by robust demand in its casting, tube, and steel businesses. The company reported a profit of Rs. 86.28 crore, compared with Rs. 77.64 crore in the same quarter last year. Revenue rose to Rs. 1,759.74 crore from Rs. 1,679.71 crore.

Saatvik Green Energy Ltd has announced fresh solar module supply orders worth ₹299.40 crore, awarded through its subsidiary, Saatvik Solar Industries Pvt. Ltd. The contracts, placed by independent power producers (IPPs) and engineering, procurement, and construction (EPC) firms, will be executed between December 2025 and March 2026.

Tenneco Clean Air India Ltd, a key player in automotive emission control systems, is set to launch its Rs. 3,000 crore initial public offering (IPO), marking a significant step for the company as it seeks to enhance liquidity and market visibility. The offer, structured entirely as an offer-for-sale (OFS) by its promoter Tenneco Mauritius Holdings Ltd, comes amid strong investor enthusiasm for industrial and automotive component firms. With a recent pre-IPO transaction valuing the company at Rs.