
IndiGo's Wide-body Aircraft Order Boosts Indian Aviation

CRISIL Rates ACME Raisar Solar's Rs 8.80 Bn Loan 'AA-/Stable'
CRISIL Ratings has assigned 'CRISIL AA-/Stable’ rating to long-term bank facilities of ACME Raisar Solar Energy, wholly owned subsidiary of ACME Solar Holdings. This rating is assigned to 300 MW (AC) capacity located in Fategarh, Rajasthan for its Rs 8.90 billion term loan facility from REC.CRISIL cited robust revenue visibility, strong financial metrics & debt servicing capability, and a secure cash flow mechanism as key strengths underpinning AA-/Stable rating, one of the highest ratings accorded by the rating agencies. The rating reflects ARSEPL's strong operational profile supported by a..

L&T Tech Selected by TRATON as Key Partner for Global R&D Shift
L&T Technology Services, today announced that it has been chosen by the TRATON GROUP, one of the world’s leading manufacturers of commercial vehicles, as a strategic engineering partner. This collaboration in LTTS’ Mobility segment will support TRATON’s roadmap to build a unified, future-ready product- development platform that delivers scale, speed, and sustainable mobility solutions worldwide.TRATON is reshaping its global R&D ecosystem to unlock cross-brand synergies while expanding the share of battery-electric vehicles in line with its 2029 profitability and sustainability t..

Bharat Forge Completes Acquisition of AAM India Manufacturing
In continuation to the announcement of 17th October 2024, and post receiving approval from CCI on 22nd April 2025 for the transaction, BFL successfully concluded the acquisition of AAM India Manufacturing (AAM India) at an Equity Value of Rs 7,464.6 million including Cash on books of the acquired entity of Rs 1,894.8 million. This cash is available for addressing future growth opportunities.The final equity value is subject to Net Working Capital adjustments as of June 30, 2025.We are acquiring an entity which has a formidable name in the automotive products space supplying to all major OEM ac..