
NTPC REL Seeks Solar Modules for 1.2 GW Khavda Projects

Mukesh Ambani Buys Tribeca Building in New York for $17.4M
Mukesh Ambani, India’s richest man, has reportedly purchased a building in New York City’s Tribeca neighbourhood for $17.4 million, two years after selling his two-bedroom condo in downtown Manhattan for $9 million.The property, located at 11 Hubert Street, had been vacant for a decade, despite previous owners’ ambitious plans to convert it into a single-family mansion.RIL USA, the US arm of Reliance Industries Limited, acquired the building for slightly less than the $20 million tech billionaire Robert Pera, chairman and CEO of Ubiquiti, paid in 2018. After acquiring it, Pera engaged ar..

IAS Officer M Angamuthu Appointed Chairman of Mumbai Port Authority
M Angamuthu, a 2002-batch Indian Administrative Service (IAS) officer of the Assam-Meghalaya cadre, was appointed chairman of the Mumbai Port Authority (MbPA) on Saturday. He will assume charge later this week, succeeding Sushilkumar Singh, chairman of Deendayal Port Authority, who had held additional charge of MbPA since October 2024 following the retirement of former chairperson Rajiv Jalota.Angamuthu, previously chairman of the Visakhapatnam Port Authority, brings extensive administrative experience to the role. He is a former commissioner and secretary to the Government of Assam and has al..

Adani Road to Acquire D P Jain TOT Toll Roads for Rs 13.42B
Adani Road Transport Limited (ARTL), a wholly owned subsidiary of Adani Enterprises, has executed a Share Purchase Agreement (SPA) on 11 September 2025 to acquire a 100 per cent stake in D P Jain TOT Toll Roads Private Limited (DPJTOT). The acquisition, valued at an enterprise value not exceeding Rs 13.42 billion, is subject to regulatory approvals and customary conditions.Under the agreement, ARTL will acquire the stake from D P Jain TOT Toll Roads Pvt. Ltd (DPJTOT), D P Jain & Co Infrastructure Pvt. Ltd., and DPJ-DRA Tollways Pvt. Ltd.The transaction details have been disclosed pursuant ..