REC contributes Rs 200 million to Armed Forces Flag Day Fund for welfare of martyrs’ families and ex-servicemen’s children

ArisInfra Secures Rs 400 Million Mandate in Mumbai

ArisInfra Solutions Ltd., via its subsidiary ArisUnitern RE Solutions Private Limited, has secured a prestigious Development Management (DM) mandate from AVS Housing and Construction LLP (AVS Group) for Rudraksh Towers – Wing A. This premium residential development is located in Mulund, one of Mumbai’s most sought-after real estate micro-markets.The mandate carries a revenue potential exceeding Rs 400 million, with significant margin gains anticipated through ArisInfra’s integrated delivery model. This model provides a full-stack solution encompassing development management, project exec..

Ganesh Narayanan Appointed MD & CEO of CA Grameen

CreditAccess Grameen Limited, India’s largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), has appointed Mr Ganesh Narayanan as Managing Director and Chief Executive Officer for a five-year term, effective 5 August 2025. This follows approval from the Reserve Bank of India (RBI), which formalises the appointments already endorsed by the company’s Board and shareholders during the Annual General Meeting.Mr Narayanan brings over 27 years of experience in banking and financial services, having previously held leadership roles at ICICI Bank, Fullerton India Credit Co. (n..

Supreme Court Sets Rules on Regulatory Asset Recovery

The Hon’ble Supreme Court of India has, on 6 August 2025, pronounced its judgment and disposed of the Writ Petitions and Civil Appeals filed in 2014 by BSES Yamuna Power Limited and BSES Rajdhani Power Limited—both material subsidiaries of the company—regarding the recovery of Regulatory Assets.The petitions challenged non-cost-reflective tariffs, the unlawful creation of Regulatory Assets, and the delay in their liquidation. After extensive hearings involving State Governments and State Electricity Regulatory Commissions, the Court had reserved judgment on 20 February 2025.In its final ..