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Shree Digvijay Cement’s shares fell up to 5.4% intraday, last trading down 4.9% by 1:26 PM IST. The decline followed revelations from India’s antitrust body that the company colluded in ONGC cement tenders. Investor sentiment weakened amid fears of penalties and reputational damage.
Adani Enterprises Ltd. has incorporated Corr Tollways as a new subsidiary, signaling its intent to expand into tollway and infrastructure projects. The announcement, made on March 9, 2026, highlights Adani’s diversification strategy and reinforces its role in India’s transport and logistics ecosystem.
IRFC announced plans to raise up to ₹700 billion in FY2026–27 to support railway infrastructure financing. The company also declared a dividend of ₹1.05 per share. The move highlights IRFC’s strong financial strategy and commitment to shareholder returns while fueling India’s railway modernization.
ABB India Ltd. unveiled a $89 million investment plan, including $14 million for its Nelamangala campus and $75 million for nationwide manufacturing expansion. The initiative will create over 300 skilled jobs and boost capacity in renewable energy, metro rail, and data center infrastructure.
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