Debt-laden Energy Efficiency Services Ltd (EESL) and NIIF hire Deloitte to sell their IntelliSmart JV for an estimated $723 million. The deal aims to ease EESL's ₹6,049 crore debt and marks a major shift in India's smart metering sector. Read more.
The Union government is planning a major ₹30,000 crore equity infusion into the National Investment and Infrastructure Fund (NIIF) to boost infrastructure spending. The announcement is likely in the upcoming budget.
India and Japan join forces with a groundbreaking $600 million fund to accelerate green manufacturing and create a sustainable industrial corridor, marking a major step in climate cooperation.