Regency Fincorp Limited, a specialized NBFC focused on providing accessible and customer-centric financial solutions, announced its unaudited financial results for the quarter ended 30th June 2026, reporting resilient performance backed by portfolio expansion, disciplined risk management, and continued focus on customer growth. Recent Performance Highlights: Delivered strong progress during Q1 FY27, driven by robust growth in the secured lending franchise, expansion of digital lending capabilities, and continued focus on portfolio quality and operational efficiency; Secured loan book increased by 45% during the quarter from approximately INR 159.5 crore as of March 2026 to INR 230.1 crore as of June 2026,…
Author: Ranganathan
NORD DRIVESYSTEMS has expanded the functional safety capabilities of its NORDAC ON decentralized frequency inverter, strengthening its suitability for use in modern automation environments. The latest upgrade adds new integrated safety functions that enable safer control and monitoring of drive systems in automated production. As manufacturing facilities continue to adopt higher levels of automation, drive electronics with integrated safety functions play an increasingly important role in ensuring the safe operation of motion sequences. With this enhancement, NORD continues to extend the functional safety features available across its drive technology portfolio. Safe Control of Speeds The upgraded NORDAC ON now incorporates…
South Korean optoelectronics company Seoul Semiconductor is exploring the possibility of establishing a manufacturing facility in India as part of the country’s expanding semiconductor ecosystem under the India Semiconductor Mission (ISM) 2.0. According to multiple media reports, the company is holding discussions with several state governments, including Tamil Nadu, Karnataka and Gujarat to evaluate potential locations for a future manufacturing investment. The move is understood to be part of Seoul Semiconductor’s strategy to diversify its global manufacturing footprint while tapping into India’s rapidly growing electronics and semiconductor market. Seoul Semiconductor is among the world’s leading manufacturers of LED and optoelectronics…
Bondada Engineering Ltd. has secured a Notification of Award (NOA) from NTPC Renewable Energy Ltd. (NTPC REL) for the Engineering, Procurement and Construction (EPC) package of a 100 MWh Vanadium Redox Flow Battery Energy Storage System (VRFB BESS) at the Khavda Solar Park in Gujarat. According to the company’s announcement, the project will be executed with Delectrik Systems Pvt. Ltd. serving as the technology partner. The project involves developing a large-scale vanadium redox flow battery energy storage system designed to support renewable energy integration and improve grid reliability. The award marks another milestone for Bondada Engineering as it expands its…
Krishnagiri could soon emerge as a significant destination for Artificial Intelligence (AI) Infrastructure and Sustainable Energy Innovation as Delta Electronics has proposed establishing ARIVAM, a greenfield AI and smart energy facility at its campus in Tamil Nadu. The proposal was discussed during a recent meeting between senior leaders of Delta Electronics India and Tamil Nadu Chief Minister Thiru C. Joseph Vijay. The discussions focused on opportunities to establish the proposed ARIVAM facility at the company’s Krishnagiri campus, bringing together AI infrastructure, renewable energy technologies and microgrid testing capabilities. According to publicly available reports, the proposed ARIVAM facility is expected to…
Alpex Solar Ltd. has taken another step in expanding its solar manufacturing capabilities by filing an application with the Ministry of New and Renewable Energy (MNRE) for the inclusion of its 2.2 GW TOPCon G12 cell manufacturing facility in the Approved List of Models and Manufacturers (ALMM) List-II, according to a regulatory filing submitted with the National Stock Exchange (NSE). The application relates to the company’s manufacturing unit located at Kosi Kotwan Extension-II, Mathura, Uttar Pradesh, where Alpex Solar has established its advanced TOPCon G12 cell production facility. MNRE Acknowledges the Application According to the filing, the Ministry has formally…
Amazon Web Services (AWS) has commenced construction of a new data centre in Hyderabad’s Future City, marking another milestone in the company’s long-term expansion of cloud infrastructure in India. The groundbreaking ceremony was held in the presence of Telangana Chief Minister Shri. A. Revanth Reddy, highlighting the state’s growing role as a technology and digital infrastructure hub. The new facility forms part of the continued expansion of the AWS Asia Pacific (Hyderabad) Region, which supports businesses, startups and public sector organizations with cloud computing and artificial intelligence services. AWS said it has already invested more than US$1.3 billion in cloud…
Electric two-wheeler manufacturer Ather Energy has taken another major step in strengthening its growth plans after its Board approved a ₹1,200 crore preferential capital raise, bringing together support from the Government-backed India-Japan Fund, Hero MotoCorp and the company’s founders. The proposed fundraising, subject to shareholder approval forms part of Ather Energy’s broader ₹2,500 crore capital-raising programme announced earlier this year. The fresh capital is expected to support the company’s expansion plans, product development and long-term growth in India’s fast-evolving electric vehicle market. According to the company’s regulatory filing, approximately ₹200 crores will be invested by the India-Japan Fund, managed by…
India’s transition towards electric commercial transportation has taken another significant step with Montra Electric commencing the first phase of deliveries of its Rhino 5538 EV heavy-duty trucks. The deployment marks one of the country’s largest commercial rollouts of electric medium and heavy commercial vehicles (eM&HCVs), highlighting the growing confidence of fleet operators in zero-emission freight solutions. The first batch of 65 Rhino electric trucks was flagged off from Montra Electric’s manufacturing facility in Manesar, Haryana. The rollout forms part of a phased deployment that will serve industries including cement, steel, mining, infrastructure and construction materials across multiple industrial corridors. The…
THDC India Limited, a subsidiary of NTPC Limited has commissioned an 11 MW AC floating solar power plant on the raw water reservoir of the Khurja Super Thermal Power Project (STPP), marking another milestone in the NTPC Group’s renewable energy expansion strategy. The project achieved its Commercial Operation Date (COD) on July 17, 2026, following successful commissioning and receipt of the necessary approvals. The announcement was made through an official stock exchange filing by NTPC under SEBI’s Listing Obligations and Disclosure Requirements (LODR). With the commissioning of the floating solar project, THDC India’s total installed and commercial power generation capacity…
Diamond Power Infrastructure Limited (DPIL) has secured a major contract from Adani Energy Solutions Limited (AESL) to supply 4,820 kilometres of AL59 aluminium alloy conductors for two key power transmission projects in India. The order further strengthens Diamond Power’s presence in the country’s fast-growing transmission infrastructure sector, which is witnessing significant investments to support rising electricity demand and renewable energy integration. The Letter of Award (LoA) received from Adani Energy Solutions on behalf of its project special purpose vehicles (SPVs) covers the design, engineering, manufacturing, testing, packing, dispatch and transportation of AL59 conductors for the Tuticorin and Pune-III transmission projects.…
L&T Vyoma, Larsen & Toubro’s sovereign AI cloud and digital infrastructure business has partnered with Fortanix Inc. to deliver secure sovereign AI solutions for enterprises and government organizations in India. The collaboration will leverage NVIDIA Confidential Computing technology to help organizations deploy artificial intelligence applications while protecting sensitive data and meeting India’s growing data sovereignty requirements. As businesses accelerate AI adoption, concerns around data privacy, regulatory compliance and cybersecurity continue to grow, particularly across sectors such as banking, financial services, healthcare and government. Through this strategic collaboration, L&T Vyoma will provide sovereign AI infrastructure, including secure data centres, high-performance computing…