

DMRC To Add Escalators, Remodel Karol Bagh Metro Station
The Delhi Metro Rail Corporation (DMRC) will remodel the Karol Bagh metro station in central Delhi by adding new escalators and dismantling an existing staircase to better manage rising passenger traffic. The corporation has issued a Rs 25.8 million (Rs 2.58 crore) tender inviting bids for the project.According to the tender, three new escalators will be installed — one on the market side connecting the ground level to the concourse and two linking the concourse to the platform. At present, the Blue Line station has only one escalator and a staircase.“The goal is to provide better amenitie..

Dorf Ketal In Talks To Acquire Italy’s Italmatch For $1.6 Billion
Dorf Ketal, a global manufacturer and supplier of speciality chemicals, is in advanced negotiations to acquire Italy-based Italmatch Chemicals SpA for around $1.6 billion. The deal is being facilitated by the current owners, Bain Capital.Both companies have entered into exclusive discussions and are reportedly close to finalising the Shareholder Agreement (SPA) within the next few weeks. A formal announcement is expected by the end of the month. If completed, this would mark Dorf Ketal’s largest-ever acquisition, underscoring its global growth ambitions and the accelerating consolidation wit..

MSME NPAs May Rise To 3.9 Per Cent In FY26: Crisil
The gross non-performing assets (NPAs) of the micro, small, and medium enterprises (MSME) loan portfolio are projected to rise to around 3.9 per cent by the end of FY26, according to Crisil Ratings. The increase is largely attributed to the recent 50 per cent tariff hikes imposed by the United States on Indian exports, which are expected to strain several export-driven MSME segments.As of the end of FY25, the MSME loan portfolio—which accounts for nearly 17 per cent of total banking system credit—recorded a gross NPA ratio of 3.59 per cent. Crisil forecasts this to climb to between 3.7 and..