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Allcargo Global Lists On NSE, BSE After Demerger From Allcargo Logistics
Allcargo Global made its D-Street debut on Friday, July 3.
Inspira seals Rs 1,800-crore private credit for Burger King buy in India
Inspira Global, backed by Ajanta Pharma promoters, is securing ₹1,800 crore in private credit to acquire a controlling stake in India's Burger King operator. The food business, through its arm Lenexis Foodworks, has already raised ₹1,050 crore via NCDs, with the remaining ₹800 crore anticipated this month. This significant funding signals a major move into the quick-service restaurant sector.
Maersk places order for 1,000 shipping containers with DCM Shriram Group
Global shipping giant AP Moller-Maersk has ordered 1,000 more India-made shipping containers from DCM Shriram Group. Union Minister Sarbananda Sonowal unveiled the first such container, marking a significant step towards self-reliance in maritime manufacturing. This partnership is set to boost India's global supply chain presence and manufacturing capabilities, supported by government initiatives promoting domestic production.
Container manufacturing scheme aims for 10x rise in domestic capacity: Sarbananda Sonowal
India has successfully manufactured its first export-import shipping container for global giant A.P. Moller-Maersk, marking a significant stride towards self-reliance in maritime manufacturing. This achievement, a direct result of Prime Minister Modi's 'Make in India' vision, underscores growing international confidence in India's capabilities.
Allcargo Global debuts on NSE, BSE following demerger from Allcargo Logistics
Allcargo Global Limited has listed its shares on the NSE and BSE under the ticker symbol AGL, completing the Allcargo Group’s demerger and restructuring. The Group now has four focused entities to drive sustainable growth in logistics and supply chain.
India real estate attracts USD 2.9 billion in Q2 Calender Year 2026; Chennai, Bengaluru drive 27% inflows
The report said domestic investments more than doubled to USD 1.33 billion during the quarter, accounting for 46 per cent of the total inflows. Foreign investments stood at USD 1.54 billion, contributing 54 per cent of the total despite global trade and capital deployment uncertainties arising from the West Asia crisis. The inflows were supported by select large transactions.
ACME Green Molecules, Mitsubishi Gas Chemical sign $1 billion green methanol supply deal
India's first global green marine fuel pact sees ACME Green Molecules partnering with Japan's MGC to supply 100,000 tonnes of green methanol annually, valued at $1 billion. This significant deal aims to bolster the shipping industry's shift to low-carbon alternatives, meeting stringent international environmental standards. The renewable fuel, produced in Odisha, will support the global transition to sustainable energy markets.
Robust overseas show helps TVS emerge top 2-wheeler company in India
TVS Motor Company has achieved a significant milestone, becoming India's largest two-wheeler manufacturer by total monthly sales for the first time, driven by robust international business and exports. While Hero MotoCorp and Honda Motorcycle & Scooter India followed, TVS's overseas sales significantly boosted its overall figures, showcasing the growing influence of global markets on the Indian automotive landscape.
28 stations, 35-km: Gurgaon's proposed metro corridor connects Sector 56 to Pachgaon with a Global City stop and Namo Bharat interchanges
Gurgaon new metro corridor: Haryana Mass Rapid Transport Corporation has finalised the detailed project report for a 35-kilometre, 28-station metro corridor in Gurgaon, estimated at Rs 10,428 crore. The corridor will run from Sector 56 on Golf Course Extension Road to Pachgaon and will connect with the Rapid Metro and two proposed Namo Bharat lines.
India's private credit market doubles to $25 billion AUM in five years: Report
India's private credit market is booming, nearly doubling to $25 billion in assets under management over five years, fueled by strong business demand. The Insolvency and Bankruptcy Code has boosted lender confidence, enabling financing for stressed firms. Real estate and infrastructure sectors are key beneficiaries. While global investors are increasing their participation, potential liquidity risks loom, as highlighted by past crises. Despite challenges, significant growth is anticipated.
India aims to recycle 16,000 ships in next decade: Union Minister Sonowal
India is set to recycle approximately 16,000 ships in the coming decade, backed by an $8 billion financial commitment. Over 30 Indian ship recycling yards are seeking EU recognition, with several already progressing through compliance. This initiative aims to significantly boost India's contribution to the global circular economy, building on its recent substantial growth in ship recycling volume.
Hero MotoCorp to invest Rs 3,200 cr in 3-5 years in Andhra Pradesh on capacity expansion, new global parts centre
Hero MotoCorp is set to invest Rs 3,200 crore in Andhra Pradesh over the next three to five years, significantly expanding its operations. This includes a new global parts centre at Tirupati, costing Rs 750 crore, and a substantial increase in production capacity at its existing facility. The move aims to bolster the company's global supply chain and enhance its accessories business, transforming Tirupati into a key manufacturing hub.