Motilal Oswal Real Estate raises Rs 650 cr for realty fund IREF V

Jefferies Forecasts Cement Turnaround in FY26 on South Price Rise

Global brokerage Jefferies has forecasted a turnaround in the profitability of the Indian cement sector in FY26, driven by a pricing recovery in the southern region starting from the first quarter. The firm identified Ultratech Cement, Shree Cement, and JK Cement as its preferred picks due to their strong earnings recovery momentum.Jefferies reported that the cement sector showed a robust rebound in the March quarter (Q4 FY25), with EBITDA rising by 11 percent year-on-year and 67 percent sequentially. This improvement was mainly attributed to firming prices and steady volume growth. Earlier, J..

IndianOil NTPC Green Seeks Bifacial Modules for 750 MW Gujarat Solar

NTPC Green Energy (NGEL), acting on behalf of IndianOil NTPC Green (INGEL), has announced that it is inviting bids to supply photovoltaic (PV) modules for a 600 MW AC (750 MW DC) solar project located in Bhuj, Gujarat. INGEL is developing the project in two blocks, each with a capacity of 375 MWp.The successful bidders are required to supply bifacial PV modules with a minimum wattage of 570 Wp each for the entire 750 MWp project. The contract will include the production, supply, and transportation of open-category crystalline PV modules that are listed under the Approved List of Models and Man..

India to Build First Polar Research Vessel in Kolkata with Norway Aid

India is poised to enhance its polar and ocean research capabilities by building its first polar research vessel (PRV). A significant step towards this was taken when Kolkata-based Garden Reach Shipbuilders and Engineers (GRSE) and Norway’s Kongsberg signed a memorandum of understanding (MoU) in Oslo on Tuesday to facilitate the construction of the vessel.GRSE, which has prior experience in building complex maritime platforms such as warships and survey vessels, will construct the PRV at its shipyard in Kolkata. This partnership represents a major milestone for India’s shipbuilding industr..