Clean Max proposes nearly ₹50,000 crore Andhra Pradesh power project

Indrashish Mitra - 0 min read

Last Updated: 13th November 2026 - 05:10 pm

Clean Max Enviro Energy Solutions signed an MoU proposing nearly ₹50,000 crore for an Andhra Pradesh power project comprising 3 GW of wind and solar capacity and 1 GW of pumped hydro storage capacity. The company said the facilities would supply power to a Compute Factory being developed with Neysa. Meesho, WeWork India and other companies also featured in disclosures highlighted on 13 November.

Clean Max proposes nearly ₹50,000 crore Andhra Pradesh power project

Clean Max Enviro Energy Solutions signed an MoU with the Government of Andhra Pradesh for integrated power generation facilities, the company said.

The proposed Andhra Pradesh power project comprises 3 GW of wind and solar capacity and 1 GW of pumped hydro storage capacity, according to Clean Max.

Clean Max said the facilities would supply power to a Compute Factory being developed with Neysa. The company will develop the power infrastructure and supply the power, it said.

Meesho block sale reported at ₹1,174 crore

CNBC-TV18, citing sources, reported that SVF II Meerkat (DE) LLC was likely to sell a 1% stake in Meesho through block deals.

The reported offer size was ₹1,174 crore, with a floor price of ₹246.23 per share, CNBC-TV18 said, citing sources.

Meesho's September 2026 shareholding information showed that SVF II Meerkat (DE) LLC held a 6.84% stake in the company.

WeWork India adds 3,13,633 square feet in Hyderabad

WeWork India entered lease deeds for capacity addition in Hyderabad covering 3,13,633 square feet, according to WeWork India Management.

The Hyderabad expansion requires an investment of ₹144 crore, the company said.

WeWork India Management said the additional capacity is expected to become operational on or before July 2027.

GAIL and KRIBHCO explore an Andhra Pradesh urea plant

GAIL (India) and Krishak Bharati Cooperative signed an MoU with the Andhra Pradesh Economic Development Board to explore establishing a gas-based urea plant in Andhra Pradesh, the three parties said.

Manappuram Finance reports ₹701 crore second-quarter profit

For the second quarter, Manappuram Finance reported consolidated profit of ₹701 crore against ₹217.3 crore a year earlier.

Its consolidated revenue was ₹1,958.7 crore, compared with ₹1,353.6 crore a year earlier, the company said.

EIH reports ₹136.4 crore second-quarter profit

EIH reported consolidated profit of ₹136.4 crore for the second quarter, compared with ₹113.8 crore a year earlier.

Consolidated revenue was ₹694.2 crore, compared with ₹597.9 crore a year earlier, according to EIH.

TD Power Systems reports ₹123.75 crore profit

TD Power Systems reported consolidated second-quarter profit of ₹123.75 crore, compared with ₹60.2 crore a year earlier.

Consolidated revenue was ₹841.3 crore, compared with ₹452.5 crore a year earlier, the company said.

NMDC Steel reports ₹61 crore profit after year-earlier loss

NMDC Steel reported second-quarter profit of ₹61 crore, compared with a net loss of ₹114.8 crore a year earlier.

Revenue was ₹3,764.4 crore, compared with ₹3,389.9 crore a year earlier, according to NMDC Steel.

Dilip Buildcon reports ₹101.3 crore second-quarter profit

Dilip Buildcon reported consolidated second-quarter profit of ₹101.3 crore, compared with ₹214.1 crore a year earlier.

Consolidated revenue was ₹2,250.4 crore, compared with ₹1,925.9 crore a year earlier, the company said.

Ola Electric reports ₹421 crore September-quarter revenue

Ola Electric Mobility reported September-quarter revenue from operations of ₹421 crore, compared with ₹690 crore a year earlier.

The company reported a net loss of ₹362 crore, compared with ₹418 crore a year earlier.

Hitachi Energy India reports ₹318.5 crore profit

Hitachi Energy India reported second-quarter profit of ₹318.5 crore, compared with ₹264.4 crore a year earlier.

Revenue was ₹2,996.5 crore, compared with ₹1,832.6 crore a year earlier, according to Hitachi Energy India.

Godrej Properties adds 31-acre Indore land parcel

Godrej Properties announced the addition of an approximately 31-acre land parcel on Indore-Ujjain Road in Indore.

The land is earmarked for a plotted residential development with an estimated saleable area of around 0.7 million square feet, the company said.

Taj Yelahanka scheduled to open on 20 November

Krishna GVK Luxury Hotels announced that Taj Yelahanka, a 256-key hotel on International Airport Road in North Bengaluru, will open on 20 November 2026.

The Indian Hotels Company will operate the hotel under the Taj brand through a long-term management agreement, Krishna GVK Luxury Hotels said.

TVS Motor announces Mauritius distribution partnership

TVS Motor Company announced a distribution partnership with Le Warehouse in Mauritius, with 361 appointed as its reseller.

The partnership will launch the TVS Ronin and TVS NTORQ XP in Mauritius, according to TVS Motor Company.

TVS Motor Company also announced the next phase of its business strategy in Brazil, supported by increased production capacity, a larger retail footprint and a nationwide after-sales and service network.

NBCC signs West Bengal project MoU

NBCC (India) signed an MoU with the Government of West Bengal and various state authorities to execute multiple projects on a deposit work basis.

The projects will carry agency charges of 5%, NBCC said.

Zee Entertainment approves ₹600 crore share buyback

Zee Entertainment Enterprises approved a proposal to buy back up to 6.59 crore equity shares for an aggregate amount of up to ₹600 crore.

The buyback represents 7.22% of the company's total paid-up equity share capital and will use the tender offer route at ₹91 per share, the company said.

The board fixed 25 November as the record date for determining entitlement and identifying eligible equity shareholders, according to Zee Entertainment Enterprises.

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