Godrej Consumer’s ₹450-Crore Muuchstac Acquisition Signals New FMCG Playbook
Godrej Consumer acquires men’s grooming brand Muuchstac in a ₹450-crore deal. Founders will continue running operations as GCPL expands into high-margin D2C categories.
Renewable
POWERGRID Acquires Two Major Transmission Projects Worth ₹3,375 Crore to Boost India’s Energy Network
POWERGRID acquires two transmission projects worth ₹3,375 crore to boost India’s grid capacity, renewable integration, and power reliability nationwide.
Bharat Electronics Secures ₹633 Crore Defence Order from Cochin Shipyard — Strengthening India’s Naval Capabilities
Bharat Electronics (BEL) bags ₹633 crore order from Cochin Shipyard for supply of advanced naval sensors, communication, and fire control systems. Read how this deal boosts India’s defence self-reliance.
RVNL Shares Gain as Company Emerges L1 Bidder for ₹145 Crore Southern Railway Project
Rail Vikas Nigam Ltd (RVNL) gained after emerging as the lowest bidder for a ₹145.35 crore Southern Railway project in the Salem division, supporting the Mission 3000 MT loading target. The project involves traction substations, SCADA integration, and advanced power quality systems to be executed over 540 days. Despite a YoY profit decline in Q1 FY26, RVNL continues to secure major contracts, strengthening its role in India’s railway infrastructure growth.
Adani Power Bags 1,600 MW Thermal Project from MPPMCL, Announces ₹21,000 Crore Investment
Adani Power has secured a 1,600 MW ultra-supercritical thermal power project from MP Power Management Company Ltd (MPPMCL) with an investment of ₹21,000 crore. This marks a major boost to India’s energy sector, enhancing power availability and supporting infrastructure growth.
Kalpataru Projects Bags ₹2,293 Crore Orders
Kalpataru Projects International has won contracts worth ₹2,293 crore across domestic and global markets, reinforcing its leadership in the B&F and T&D segments. The company’s FY26 order book now stands at ₹9,443 crore, ensuring strong visibility for future growth. Backed by robust execution and a diversified portfolio, KPIL remains a key player in the EPC sector.
Oil India & GAIL Sign 15-Year Gas Supply Pact to Power Rajasthan
Oil India and GAIL India have renewed their gas supply agreement for 15 years, ensuring 900,000 SCMD of natural gas from Rajasthan fields to support power generation and enhance India’s energy security.
Market Wrap – July 9
On July 9, 2025, Indian markets faced global headwinds as US tariff hikes targeted pharma and metals, but strong domestic developments in steel, infra, and upcoming IPOs like Anthem Biosciences kept investor sentiment balanced.
Bajel Projects Hits 5% Upper Circuit
Bajel Projects surged 5% after announcing a ₹170 crore capacity expansion at its Ranjangaon plant, increasing galvanization from 40,500 MT to 110,000 MT to meet rising power sector demand.