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Reading: IndusInd Bank outshines as Sensex, Nifty close slightly lower
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Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > IndusInd Bank outshines as Sensex, Nifty close slightly lower
Economy

IndusInd Bank outshines as Sensex, Nifty close slightly lower

Economy Desk By Economy Desk March 15, 2025 2 Min Read
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Rail Vikas Nigam Ltd has emerged as the lowest bidder for a significant highway project in Andhra Pradesh worth Rs 554.64 crore, signaling a positive development for the company.

Waaree Renewables, in a joint venture, has secured a lucrative Rs 740 crore solar EPC order for a 125 MWAC project, highlighting its growth in the renewable energy sector.

Thomas Cook has announced the launch of a new product, the “Borderless Travel Card,” which is expected to enhance its offerings in the travel and tourism industry.

Adani Green Energy has successfully commissioned a 250 MW solar power project in Kadapa, Andhra Pradesh, further boosting its presence in the renewable energy sector.

Godrej Agrovet is set to acquire a 48.06% stake in Creamline Dairy for ₹930 crore, a strategic move to strengthen its position in the dairy industry.

Bharti Airtel has partnered with Elon Musk’s Starlink to explore opportunities in the Indian market, showcasing potential for expanding Airtel’s offerings.

Zydus Life’s board has approved the block acquisition of 85.6% equity of Amplitude Surgical for €256.8 million, marking a significant milestone for the company.

Adani Group’s successful bid for a Rs 36,000 crore redevelopment project in Mumbai highlights its growing presence in the infrastructure sector.

Coromandel International, a part of the Murugappa group, is in advanced talks to acquire a controlling stake in Nagarjuna Agrichem, signaling potential growth in the agricultural chemicals industry.

These positive developments in various sectors contrast with a few negative news items, such as Rama Phosphates receiving a negative outlook on its credit ratings and companies like Amiable Logistics (India) Ltd, D.S. Kulkarni, and Tamilnad Mercantile Bank Ltd facing penalty orders or notices from authorities. However, overall, the business landscape seems to be buzzing with opportunities and growth potential for many companies.

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