India Approves Defence Buys Worth Rs 1.05 Trillion
The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, has approved Acceptance of Necessity (AoN) for 10 capital acquisition proposals totalling approximately Rs 1.05 trillion, all through indigenous sourcing. This key decision, taken on 3 July 2025, is aimed at strengthening India’s defence self-reliance and operational readiness.Among the cleared acquisitions are Armoured Recovery Vehicles (ARVs), an Electronic Warfare System, a Surface-to-Air Missile (SAM) system, and an Integrated Common Inventory Management System for the Tri-Services. These additions are expe..
NCRBC 2025 Opens, Calls For Indigenous ESG Frameworks
The third National Conference on Responsible Business Conduct (NCRBC 2025) began on 2 July at New Delhi’s Taj Palace, convened by the Indian Institute of Corporate Affairs under the theme “Integrating ESG for Viksit Bharat”. Inaugurating the two day meeting, Minister of State for Corporate Affairs and Road Transport & Highways Harsh Malhotra told more than 300 senior corporate leaders, ESG professionals and international delegates that India is moving from “regulatory prosecution to trust based governance”, with responsible conduct now central to business strategy.M..
TVS ILP Raises Rs 13 Billion Via Warehousing InvIT
TVS Industrial & Logistics Parks (TVS ILP), a unit of TVS Mobility Group, has secured more than Rs 13 billion from global and domestic institutions through a private placement of its warehousing led infrastructure investment trust (InvIT).The company has developed a platform of 20 million sq ft and has transferred 11 million sq ft, valued at about Rs 30 billion, into the InvIT. The portfolio covers prime sub markets in Chennai, Pune, Kolkata, Hosur, Kochi and several north eastern states.The placement closed last week, and the InvIT is due to list on the National St..
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