Saturday 3rd May 2025, Stock market is closed but several key players across telecom, infrastructure, energy, logistics, and automotive sectors have made noteworthy announcements. From Vodafone Idea's revised shareholding structure to Tata Motors' fund-raising move, and from major work orders secured by IRCON and RailTel to NTPC Green’s solar power milestone and Adani Ports' robust cargo performance — today's updates reflect strong activity and momentum across the board.
Vodafone Idea Update
Vodafone Idea has allotted equity shares to the Government of India, reshaping its ownership structure. The Aditya Birla Group now holds 9.50%, while Vodafone Group owns 16.07%. Despite these changes, both promoter groups will retain governance and management rights, maintaining their strategic control over the telecom giant.
IRCON International Bags Major Contract
IRCON International has clinched a significant ₹458.18 crore work order from the North Eastern Electric Power Corporation. This reinforces its strong foothold in the infrastructure sector and adds to its growing portfolio of national projects.
NTPC Green Reaches Key Milestone
NTPC Renewable Energy, a subsidiary of NTPC Green Energy Ltd., has commercially commissioned the final 60 MW of its 150 MW Gujarat Solar PV Project as of April 16, 2025. With GEDA certification in place, NTPC’s total installed and commercial capacity now touches 80,155 MW—strengthening its position as a clean energy leader.
Adani Ports Continues Momentum
In April 2025, Adani Ports and SEZ (APSEZ) handled 37.5 MMT of cargo, reflecting a 4% YoY growth. Container volumes surged 21%, and liquid & gas cargoes rose 8%. Rail logistics also showed strong numbers, with volumes reaching 57,751 TEUs (+17% YoY), while GPWIS contributed 1.8 MMT (+4% YoY).
RailTel Secures Railway Project
RailTel has received a ₹22.75 crore work order from North Central Railway. This project highlights RailTel’s continued involvement in expanding railway-related digital and telecom infrastructure.
Tata Motors to Raise ₹500 Cr via NCDs
Tata Motors' board has approved the issuance of Non-Convertible Debentures (NCDs) worth up to ₹500 crore. This move is likely aimed at bolstering its capital base or funding growth initiatives while avoiding equity dilution.
Stay informed with sensexnifty.com for daily coverage of key corporate actions and financial news.
