Browsing Tag
Uttar Pradesh
154 posts
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.
Greenply Industries announces Rs 125cr Sandila expansion as plywood capacity hits 98% utilisation and Q2 profit jumps 167%
Greenply Industries Limited has announced a ₹125 crore plywood manufacturing expansion in Uttar Pradesh after reporting a sharp improvement in quarterly profitability. With existing plywood capacity operating at nearly 98% utilisation and additional projects already under development, the investment supports its growth strategy, although a steep share-price decline following the results suggests investors are weighing the sustainability of earnings and future capital requirements.
Afcons Infrastructure (AFCONS) wins Rs 3,469cr in Jewar Expressway and Lucknow Metro contracts, but can its order boom reverse an earnings slump?
Afcons Infrastructure Limited has secured two major engineering and construction contracts in Uttar Pradesh, lifting its fresh FY27 order wins to ₹19,438 crore. The awards strengthen revenue visibility, but weaker earnings, stretched working capital and a negative credit-rating outlook have made profitable execution the more immediate test.
P N Gadgil Jewellers (NSE: PNGJL) opens 81st store in Ayodhya as PNGJL targets 103 outlets by FY27
P N Gadgil Jewellers has expanded into Ayodhya with its fifth Uttar Pradesh showroom and launched its Ram Katha collection, strengthening its North India strategy after reporting 22.4% second-quarter revenue growth and 25.5% same-store sales growth.
ACC heads into Q2 results and Ambuja merger vote with margins under pressure
ACC Limited has closed its trading window ahead of Q2 FY27 results just as shareholders prepare to vote on its merger with Ambuja Cements Limited, putting weak Q1 margins, fuel-cost pressure and the proposed One Cement Platform firmly in focus.
Goodluck India defence arm raises Rs 276cr as shell capacity heads to four lakh units
Goodluck Defence and Aerospace Limited has completed a ₹276 crore preferential equity issue as Goodluck India Limited pushes deeper into high-margin defence manufacturing, with artillery-shell capacity planned to rise from 1.5 lakh to 4 lakh units annually by September 2027.
India-Nepal floods kill 70 as rivers breach danger levels and hydropower infrastructure is hit
Floods and landslides have killed at least 70 people across India and Nepal as rivers rise above danger levels and Nepal warns 49 districts of further flash floods.
Ball Corporation (NYSE: BALL) plans new two-line beverage can facility in Uttar Pradesh
Ball Corporation is planning a two-line beverage can factory in Uttar Pradesh for 2029, expanding beyond existing Indian plants in Maharashtra and Andhra Pradesh with customer contracts already supporting the investment.
Crown Holdings breaks ground on first India beverage can plant with 2.2 billion capacity
Crown Holdings has broken ground on its first Indian beverage-can factory, a two-line Unnao plant designed for roughly 2.2 billion cans annually, with production scheduled for the second half of 2027.
Why CNH is splitting Rs 2,000cr equally between a new plant and R&D
CNH Industrial plans to invest about ₹2,000 crore in India by 2030, splitting the amount between a new 100-acre Greater Noida tractor plant and R&D as it targets 1.4 lakh units of manufacturing capacity and double-digit market share.