Hitachi Rail Wins Rs. 16.2 bn Chennai Metro Signalling Contract

ELGi Unveils Evolved AB Series Oil-Free Screw Compressors

ELGi Equipments has unveiled the latest evolution of its AB Series oil-free screw air compressors at Drinktec India 2026, held at the Bombay Exhibition Centre in Mumbai from 28 to 30 October. The range uses water-injected compression technology to deliver ISO 8573 Class 0 oil-free compressed air.ELGi said the updated compressors demonstrate 5–6% lower specific power consumption under its stated comparison conditions. Its assessment also indicates up to 13% lower lifecycle costs over 40,000 operating hours, based on acquisition, electricity and maintenance costs and the company’s comparison..

IndiGo May Raise Fares to Offset Rising Fuel Costs: CEO

IndiGo may raise airfares to offset a sharp increase in fuel costs, chief executive officer Willie Walsh said, as the airline reported a net loss of Rs. 18.79 bn for the September quarter. Higher fuel expenses and rupee depreciation offset stronger revenue during the period. Walsh said IndiGo would seek to limit fare increases, but the significant rise in its fuel bill left the airline with little choice. He said the company’s efficient cost base and strong liquidity provided flexibility to manage higher operating expenses without undertaking significant cost-cutting measures. Fuel prices ha..

India Inc's ECB, FCCB Fundraising Proposals Rise to $8.13 bn in August

Indian companies, including non-banking financial companies (NBFCs), submitted proposals to raise $8.13 bn through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in August 2026, according to Reserve Bank of India (RBI) data. The amount increased from $7.70 bn in July. Of the August proposals, $7.95 bn was filed under the general permission route, while $180 mn received approval through the special permission route. Prominent proposals included Flipkart Internet’s nearly $1.14 bn borrowing from a foreign equity holder for three years for on-lending or sub..