Rochester Electronics and Qorvo have announced a worldwide distribution agreement aimed at extending the long-term availability of Qorvo’s radio frequency (RF) and power semiconductor products for customers across global markets. According to Qorvo, the partnership is designed to improve access to its high-performance semiconductor portfolio while addressing lifecycle management requirements for industries that depend on long product support cycles. Under the agreement, Rochester Electronics will serve as an authorized continuing source for a range of Qorvo components, helping customers maintain existing designs and reduce the challenges associated with component obsolescence. The collaboration is expected to benefit sectors such as aerospace,…
Author: Ranganathan
Regency Fincorp Limited, a leading NBFC committed to delivering accessible and customer-centric financial solutions has recently announced that its Board of Directors, at a meeting held on 14th July, 2026, approved the issuance of Secured, Rated, Listed, Non-Convertible Debentures (NCDs) of up to ₹40 crore through a private placement. The proposed fundraise is aimed at strengthening the Company’s capital base, enhancing financial flexibility, and supporting the continued expansion of its secured lending portfolio. Commenting on the board’s approval, Mr. Gaurav Kumar, Managing Director, Regency Fincorp Limited, said: “This approval marks another step in strengthening our capital base as we continue…
KEC International Ltd., a leading global infrastructure Engineering, Procurement and Construction (EPC) company and the flagship infrastructure business of RPG Group, has announced new orders worth ₹1,180 crores across its Transmission & Distribution (T&D), Renewables, Civil, and Cables & Conductors businesses. The latest order wins reflect the company’s continued momentum across India’s infrastructure and renewable energy sectors while strengthening its international presence in the Middle East and the Americas. With these additions, KEC International’s year-to-date (YTD) order intake has crossed ₹5,200 crores, highlighting sustained demand across its diversified business portfolio. Strengthening Transmission Infrastructure KEC International has secured multiple Transmission &…
Tata Electronics’ upcoming semiconductor facility in Assam is set to receive government incentives worth ₹14,044 crores, providing a significant boost to one of India’s largest semiconductor manufacturing investments. As per official data shared in the Assam Legislative Assembly, the incentive package includes ₹10,255 crores from the Central Government and ₹3,789 crores from the Assam Government to support the company’s ₹27,000 crores semiconductor project being developed at Jagiroad in Morigaon district. The project is being developed as an Outsourced Semiconductor Assembly and Test (OSAT) facility, which will play a key role in India’s efforts to establish a robust domestic semiconductor manufacturing ecosystem.…
The Aditya Birla Group has signed a definitive agreement to acquire 100% equity shares and securities of Solenergi Power Private Limited, which owns the Sprng Energy group of companies, from Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc. The proposed acquisition through Aditya Birla Renewables Limited (ABRen) marks one of the largest transactions in India’s renewable energy sector in terms of both value and scale. The transaction values the business at an enterprise value of ₹17,200 crores (US$1.8 billion). The equity consideration payable to the seller will be determined after adjustments for debt, cash and other items…
JBM Electric Vehicles (P) Ltd. (JBMEV) has entered into a strategic partnership with DRIVN, an electric commercial vehicle leasing platform, to deploy 500 ultra-modern electric luxury buses across India. The collaboration marks a significant step in expanding the country’s sustainable public transport ecosystem by combining advanced electric bus technology with integrated leasing and mobility solutions. The initiative also supports JBM Electric Vehicles’ long-term Net Zero 2040 commitment by accelerating the adoption of zero-emission commercial transportation. Under the Memorandum of Understanding (MoU), JBM Electric Vehicles will supply the electric buses in a phased rollout over the next 12 months. The first…
Zelio E-Mobility has expanded its manufacturing footprint in India with the commencement of operations at a new production facility in Coimbatore, Tamil Nadu. The strategic investment is expected to significantly enhance the company’s manufacturing capabilities while supporting the growing demand for electric two-wheelers across the country, particularly in southern India. The new facility marks an important milestone in Zelio’s expansion strategy as India’s electric mobility market continues to witness steady growth driven by rising consumer awareness, supportive government policies and increasing adoption of sustainable transportation solutions. By establishing a manufacturing base in Coimbatore, one of India’s prominent automotive and industrial…
RenewSys India Pvt. Ltd. has appointed Rajesh Singh as Chief Executive Officer – Encapsulants & Backsheets, effective 01st July, 2026. The leadership appointment comes as the company continues to strengthen its capabilities in photovoltaic materials and expand its presence in the global solar manufacturing ecosystem. Before assuming his new role, Singh served as RenewSys’ Chief Technology Officer, where he was instrumental in driving product innovation, manufacturing excellence and technology advancement across the Encapsulants & Backsheets business. Bringing more than 20 years of experience in the photovoltaic industry, he has played a significant role in developing advanced solar materials while delivering…
Regency Fincorp Limited, a non-banking financial company (NBFC) focused on delivering accessible and customer-centric financial solutions, has successfully completed its ₹50 crore Listed Non-Convertible Debenture (NCD) issue during the first quarter of FY 2026–27. The capital raised is expected to enhance the company’s liquidity position and strengthen its capital base, supporting its long-term growth strategy centered on secured lending, digital innovation and portfolio diversification. The successful fund raise coincided with a strong operational performance during the quarter. Regency Fincorp reported a 45% growth in its secured loan portfolio, which increased from ₹159 crore in March 2026 to ₹230 crore by…
SGS has announced that its Pune Chakan laboratory has become the first automotive testing facility in India approved to deliver testing services under the Trusted Information Security Assessment Exchange (TISAX). The development marks a significant step in strengthening India’s automotive information security capabilities while expanding SGS’ global TISAX network. The recognition enables automotive manufacturers, suppliers and engineering organizations in India to access internationally recognized TISAX testing services locally, helping them meet evolving information security expectations across global automotive supply chains. TISAX is an information security assessment framework designed specifically for the automotive industry. Developed by the German automotive sector and…
Insolation Green Energy Private Limited, a wholly owned subsidiary of Insolation Energy Limited has secured a ₹558.29 crore contract from NTPC Renewable Energy Limited for the supply of Solar PV Modules, further strengthening the company’s presence in India’s expanding renewable energy manufacturing sector. According to the company’s stock exchange filing, the contract will be executed during the financial year 2026-27. The order awarded by NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Limited is valued at ₹558.29 crores, inclusive of applicable GST. Demand for Domestic Solar Modules Continues to Grow The latest order comes at a time when…
Solex Energy has secured a ₹628.37 crore work order for the supply of N-Type TOPCon Glass-to-Glass Solar PV Modules, marking another milestone for the Gujarat-based solar manufacturer as demand for high-efficiency photovoltaic technologies continues to grow. The order has been awarded by an international renewable energy group with operations across multiple countries. Under the contract, Solex Energy will supply 615 Wp and 620 Wp N-Type TOPCon G12R Glass-to-Glass Solar PV Modules, with the total order value including applicable duties and taxes. While the announcement highlights another major order for Solex Energy, it also reflects a broader trend shaping the global…