🧬 Interested in pharma, biotech and medical device news? Visit PharmaDeviceNews.com →
Browsing Tag

Madhya Pradesh

91 posts
Read More

Adani Energy Solutions gets CCI approval for Rs 3,050cr IntelliSmart deal, but Rs 5,500cr rollout bill looms

India's competition regulator has approved Adani Energy Solutions' acquisition of IntelliSmart Infrastructure, advancing a deal that could create a smart metering portfolio exceeding 4.7 crore contracted meters. The transaction strengthens the group's position in electricity distribution digitalisation, although significant installation expenditure and integration requirements remain before the expanded portfolio can generate its expected returns.
Read More

Techno Electric revenue rises 25%, but Rs 628cr data centre build-out is still barely visible in earnings

Techno Electric & Engineering Company Limited grew standalone Q1 FY27 revenue 25%, but margins narrowed and profit slipped as capital moved from treasury investments into data centres, smart metering and transmission assets. With ₹628 crore already deployed into data centres and monetisation still at an early stage, the next test is whether its second growth engine can begin justifying the capital committed.