IREDA Secures JPY 28 Billion ECB Facility from SMBC

New Delhi, Mar 30: Indian Renewable Energy Development Agency Limited (IREDA) has entered into a Facility Agreement with Sumitomo Mitsui Banking Corporation (SMBC) to raise External Commercial Borrowing (ECB) amounting to JPY 28 billion, including a greenshoe option of JPY 12 billion. The proceeds will be utilised to support sustainable financing initiatives.   The five-year unsecured facility, structured with a…

Continue Reading

India Pharma 2026 Highlights Move from Volume to Innovation Led Growth

New Delhi: The upcoming India Pharma 2026 is set to spotlight India’s transition from volume-driven production to an innovation-led growth model in the pharmaceutical sector. Industry leaders and policymakers are expected to use the platform to highlight the need for stronger research and development, advanced manufacturing, and greater global competitiveness.…

Continue Reading

Jerai Fitness unveils Reebok-branded gym equipment in India

Mumbai, Mar 30: Jerai Fitness Limited (hereinafter referred to as “Jerai Fitness”), an Indian manufacturer with over three decades of experience in manufacturing and trading fitness equipment, has announced a first-of-its-kind long-term partnership with Reebok to manufacture and distribute Reebok–branded gym equipment in India and neighboring countries, Sri Lanka, Bangladesh and Nepal. Jerai Fitness will make Reebok–branded gym equipment available from 1st April, 2026. The partnership brings together Jerai Fitness‘ manufacturing facility which is fully-automated with…

Continue Reading

Middle East Renewable Investment Jumps 28 Percent, Reaches 496B Globally

Uae, Mar 30: Investment in renewable energy projects in the Middle East has jumped by 28%, year-on-year, according to a new report from Ansarada, a leading M&A and infrastructure procurement platform   The 2026 Renewable Energy Infrastructure Outlook Report, produced in partnership with Infralogic, notes that globally, investment in the renewable energy sector has surged to a total of US$496B, with increasing AI compute demand cited as a key driver…

Continue Reading