Azure Power seals financing for solar plant

India Cements Sells ICML Stake for Rs 980 Million

India Cements has announced the sale of its entire equity holding in Industrial Chemicals and Monomers Ltd (ICML) to Mirai Sensing Private Ltd for a consideration of Rs 980 million. The transaction was disclosed through a regulatory filing with the Bombay Stock Exchange.Following the completion of this sale, ICML will cease to be a subsidiary of India Cements, the filing confirmed.ICML, registered in Tirunelveli, Tamil Nadu, had earlier suspended operations. According to the company’s annual report for 2024, the business had become unviable due to reasons previously disclosed. The report fur..

Progcap Targets Rs 30 Billion AUM by FY26 on MSME Credit Demand

MSME-focused fintech firm Progcap is aiming to cross Rs 30 billion in assets under management (AUM) by the end of the current financial year, fuelled by rising demand for formal credit from micro, small and medium enterprises across India. The New Delhi-based firm, which received its NBFC licence in 2022, has been registering robust growth and expects a 40–50 per cent rise in business in FY26.“We ended FY25 with Rs 20 billion in AUM and expect this to rise to Rs 30 billion by March 2026,” said Progcap co-founder Pallavi Shrivastava. She added that sanctioned loans are also expected to gr..

Noida Airport Deploys India’s First Indigenous Runway Cleaner

Noida International Airport has partnered with Anlon Technology Solutions to deploy India’s first indigenously developed Runway Rubber Removal Machine (RRM), known as the Cleanjet RRM. The machine is a key addition to the airport’s airside maintenance infrastructure and underlines its commitment to safe, efficient, and sustainable operations.Constructed on the robust Eicher Pro 6028 chassis and powered by a Bharat Stage VI-compliant diesel engine, the Cleanjet RRM uses ultra-high-pressure water jets to remove rubber deposits, paint markings, and oil spills from runways, taxiways, and apron..