
K Raheja Corp Subsidiary Acquires 7.43-Acre Land in Pune for Rs 1.95 Bn

XTGlobal Wins Major US IT Deal Worth up to Rs 830 Million
XTGlobal Infotech Limited, a publicly listed IT/ITES firm known for enterprise-grade technology solutions, has secured a major IT modernisation contract from a prominent US state agency. This milestone reinforces the company's upward growth trajectory, commitment to excellence, and capacity to deliver advanced solutions that meet the dynamic needs of both public and enterprise clients.The project was won through a highly competitive public Request for Proposal (RFP) process, which saw participation from hundreds of qualified vendors across the United States and internationally. XTGlobal was se..

Supreme Court Empowers Pollution Boards to Levy Fines
In a landmark decision, the Supreme Court has upheld the "polluter pays" principle, empowering environmental regulatory authorities like Pollution Control Boards to impose and collect fines directly under the Water and Air Acts. Overruling a prior Delhi High Court judgment, the apex court clarified that these regulators can exercise quasi-judicial powers and levy environmental compensation for actual or potential ecological harm. This distinction between “compensatory” and “penal” fines reinforces their authority to act independently, without needing to approach civil courts in every i..

Jindal Stainless Q1 Revenue Rises 8 Per Cent to Rs 103.4 Billion
Jindal Stainless Limited (JSL) has announced its financial results for the quarter ending 30 June 2025, reporting robust growth despite a volatile global landscape. The company recorded a standalone net revenue of Rs 103.4 billion, marking an 8 per cent year-on-year (YoY) increase. Consolidated revenue also rose by 8.2 per cent YoY to Rs 102.1 billion.Sales volume stood at 626,252 tonnes—an increase of 8.3 per cent compared to Q1 FY25. Standalone EBITDA reached Rs 10.5 billion, up 4.3 per cent, while profit after tax (PAT) rose by approximately 11 per cent to Rs 6.4 billion. On a consolidate..