Sterlite Power Raises Rs 7.25 Bn from GEF Capital, ENAM Holdings

Ceigall India Approves Merger of Subsidiary with C&C Construc

Ceigall India, a notable entity in the Indian infrastructure sector, has released its consolidated financial results for the fourth quarter of the fiscal year 2023 (Q4 FY23), reflecting a mixed performance. While the company recorded a rise in revenue, it faced a decline in net profit and EBITDA, pointing to operational challenges.Revenue GrowthThe company reported a revenue of Rs 10.00 billion for Q4 FY23, an increase from ₹9.40 billion in the same period the previous year. This reflects a year-on-year growth of 6.38%, underlining Ceigall India's ability to expand its top line despite a cha..

DPIIT Grants PLI Upgrade to Calcom; Rs 250 Mn Invested in LED Expansion

Calcom Vision, one of India’s foremost Original Design Manufacturers (ODM) and Electronics Manufacturing Services (EMS) providers, has been elevated to the Large Investment category under the Government of India’s prestigious Production Linked Incentive (PLI) Scheme for White Goods — a leap that reaffirms Calcom’s commitment to powering India’s self-reliance in LED component manufacturing.Under this upgraded approval by the Department for Promotion of Industry and Internal Trade (DPIIT), Calcom has increased its investment commitment from Rs 100 million to Rs 250 million — and has ..

Kartik Daftari Named MSME CEO of the Year by MSME Chamber of India

Hi-Tech Radiators, a global leader in the manufacturing of transformer radiators and tanks, has been awarded the prestigious MSME Best CEO Business Excellence Award by MSME Chamber of commerce and Industry of India. The grand ceremony took place at, Vigyan Bhavan, Rajpath, Central Secretariat, New Delhi, where industry leaders and achievers were recognised for their exceptional contributions. Kartik Daftari, CEO, Hi-Tech Radiators, was conferred with the CEO of the Year award in recognition of his visionary leadership, strategic acumen, and unmatched commitment to innovation and operation..