Reliance Infrastructure to recover ₹28,483 cr worth of power dues
BSES Yamuna Power Ltd and BSES Rajdhani Power Ltd -- the two subsidiaries of Reliance Infrastructure, will recover power dues worth ₹28,483 crore following a Supreme Court ruling. As on July 31, 2025, the total dues of BSES Yamuna Power Ltd and BSES Rajdhani Power amounts to ₹28,483 crore, according to Reliance Infrastructure. The two power distribution companies (discoms), in which Reliance Infrastructure (RInfra) holds 51 per cent, supply electricity to 5.3 million households in Delhi. The remaining 49 per cent stake is with the Delhi government.

Kings Infra sees strategic advantage in the supply chain realignment post US tariffs
 

‘We get at least one order everyday, profitability is rising,’ says Rahul Mithal
Intense competition in the infrastructure consultancy business adversely affected state-run RITES in FY25. This arm of the Indian Railways, which posted net profit of Rs 423.7 crore in FY25 on a turnover of Rs 2323.5 crore, is in the process of e-engineered its costs and business model to stay competitive. Chairman and managing director Rahul Mithal spoke about recent improvement in the consultancy space and what lies ahead for the company, in an interview with Manu Kaushik.

Puravankara posts ₹68.55 crore net loss in Q1FY26, revenue down 20%
 

Signature Global to launch ₹13,000 crore projects by festive season
“We are planning to launch projects worth about ₹13,000 to ₹14,000 crore in the coming period in Sector 37D near Dwarka Expressway and Sector 71 near the SPR,” Signature Global Chairman and Whole-time Director Pradeep Kumar Aggarwal told Business Standard in a virtual interaction.

JSW Cement IPO subscribed 56% on day 2 of offer
The initial public offer of JSW Cement Ltd got subscribed 56 per cent on the second day of bidding on Friday.

Ramco Cements Q1 profit rises to ₹181.58 crore
The company had posted a net profit of ₹36.57 crore during the June quarter of the previous fiscal, according to a regulatory filing by The Ramco Cements on Thursday. Its revenue from operations declined marginally to ₹2,074 crore in the June quarter of FY26, from ₹2,093.55 crore in the same period last fiscal.

Grasim Industries posts consolidated Q1 FY26 net profit of Rs 1,419 crore
 

High Court tells NHAI to stop collecting tolls in Kerala — Here’s why
The Kerala High Court has directed the National Highways Authority of India (NHAI) and its associated agents not to collect tolls if the highway is not safe or regulated. The decision came after multiple complaints were raised against toll collection in the Edapally—Mannuthy section of NH 544.

Highway Infrastructure IPO Allotment status today: How to check online and 4 key mistakes to avoid
After a blockbuster response from investors, the finalisation of share allotment is expected to take place today, August 8. The IPO, which closed on August 7, received a strong response across all investor categories.

Sealdah-Ranaghat section to get first AC local train from August 10
Eastern Railway’s Sealdah division will introduce its first fully air-conditioned EMU train on August 10, with the inaugural run scheduled between Sealdah and Ranaghat.