SEBI tweaks laws for REIT, InvIT on exit for dissenting unitholders

REC Kicks Off Swachhata Pakhwada 2025

REC, a Maharatna CPSU under the Ministry of Power and a leading NBFC, today commenced Swachhata Pakhwada 2025, a fortnight-long cleanliness and awareness campaign to be observed from 16 May to 31 May 2025, across its offices in the country. The initiative aligns with the Government of India's overarching objective to promote hygiene, sustainable practices, and public awareness across the nation.   The event began with a solemn Swachhata Pledge, administered by Jitendra Srivastava, IAS, CMD, REC, to all employees. The CMD emphasized the importance of the Swachh Bharat Mission and highl..

Infra.Market Becomes India’s Second-Largest Tile Maker

Infra.Market has emerged as India’s second-largest player in the ceramic tiles sector by installed capacity, with a total manufacturing capability of 81.57 million square metres. The company, a prominent name in the building materials space, operates 19 manufacturing plants and has seen a five-fold growth over the past three to four years. Backed by an investment of around Rs 1,400 crore, Infra.Market’s expansion has been powered by its multi-brand strategy and category diversification, enhancing its reach in both domestic and export markets.Currently, exports account for 25 to 30 per cent..

FY25 Thermal Power Capacity Addition Misses Target

India added just 4.53 gigawatts (GW) of thermal power capacity in FY25, significantly below the 15.4 GW target, according to the Central Electricity Authority’s latest report. Of the planned 22 thermal units, only six were commissioned last fiscal year—two in the central sector and four in state sectors.New units commissioned include Ghatampur TPP, Khurja SCTPP, Jawaharpur STPP, Bhusawal TPS, Panki TPS Extension, and Yadadri TPS, ranging from 660 MW to 800 MW. The commissioning of the remaining 16 units has been deferred to FY26.Delays are attributed to equipment supply issues, land acquis..