INFRASTRUCTURE
SETL Acquires 51% Stake In GScale Energy, Commits ₹500 Cr For Growth
Standard Engineering Technology Ltd (SETL), a precision and multi-disciplinary engineering company, has announced the acquisition of a majority stake in GScale Energy Pvt Ltd, marking its entry into the rapidly growing AI data centre infrastructure segment. The company proposes to acquire up to 51% shareholding in GScale Energy through a combination of primary capital infusion […]
CW Bureau
·
Jun 25, 2026
MANUFACTURING
Blue Star To Acquire Remaining 51% Stake In Blue Star Qatar For ₹50 Lakh
Air-conditioning major Blue Star Ltd has decided to acquire the remaining 51% stake with 5% economic interest in its subsidiary Blue Star Qatar W.L.L. (BSQ) from Al Malki Trading & Contracting Co. for a consideration not exceeding ₹50 lakh. The acquisition will be carried out at the face value of Qatari Riyal 1,02,000 and is […]
CW Bureau
·
May 19, 2026
MANUFACTURING
Airfloa Eyes ₹315 Cr Income In FY26 Driven By Strong Order Pipeline
Airfloa Rail Technology Ltd, a Chennai-based engineering solutions provider, is expected to close FY26 with a topline of over ₹315 crore, reflecting a growth of nearly 64% year-on-year, supported by strong order inflows and execution across railway, defence, renewable energy and emerging segments. Strong order visibility The company continues to build momentum across railway and […]
CW Bureau
·
Apr 9, 2026
