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Textiles Summit 2026 Sets Roadmap For Sustainability And Exports

Mumbai, July 3 -- Textiles Summit 2026 concluded with representatives from state governments, industry and academia coming together to chart a roadmap for the sector with an emphasis on sustainability... Read More


BPCL to Buy 40 Per Cent Stake in Tiki Tar, Shell India for Rs 850 mn

Mumbai, July 3 -- Bharat Petroleum Corporation Ltd (BPCL) will acquire a 40 per cent equity stake in Tiki Tar and Shell India Pvt Ltd (TTSIPL) for Rs 850 million (mn) in cash, the company said on Mond... Read More


Cabinet Approves Rs 300 bn Commitment To NIIF

Mumbai, July 3 -- The Union Cabinet has approved an additional Government of India (GOI) investment commitment of Rs 300 bn in the National Investment and Infrastructure Fund (NIIF), taking the total ... Read More


MSC To Buy 49 Per Cent Stake In Adani Vizhinjam Port

Mumbai, July 3 -- Mediterranean Shipping Company (MSC) will acquire a 49 per cent stake in Adani's Vizhinjam port for Rs 132.2 billion (bn), the companies said. The purchase gives MSC a significant mi... Read More


NHAI Empanels IITs For Independent Proof Checking Of Major Bridge Designs

Mumbai, July 3 -- The National Highways Authority of India (NHAI) has moved to empanel Indian Institutes of Technology (IITs) and other reputed technical institutions to provide independent proof chec... Read More


SJVN Signs PPAs With GUVNL for Himachal Hydropower

Mumbai, July 3 -- SJVN Ltd has signed power purchase agreements with Gujarat Urja Vikas Nigam Limited for the supply of green power from upcoming hydroelectric projects in Himachal Pradesh. The agreem... Read More


India Meets Peak Power Demand Of 271 GW

Mumbai, July 3 -- India met an all-time peak power demand of 271 GW in May 2026 and had prepared generation capacity of 284 GW to avoid shortages. The Union government is preparing for a 300 GW capac... Read More


Delhi Peak Power Demand Reaches 8,748 MW Record

Mumbai, July 3 -- Delhi's peak electricity demand reached a record 8,748 megawatt (MW) at 3.17 pm on June 29, 2026 as the national capital endured intense heat. The figure surpassed the previous high ... Read More


Power Ministry Releases Draft Electricity Data Sharing Framework

Mumbai, July 3 -- The Ministry of Power released the draft National Electricity Data Sharing Framework, 2026 on June 22, 2026 and invited comments until July 21, 2026. The initiative seeks to create a... Read More


SRM Contractors Wins Rs 5,009.92 mn In New Contracts

Mumbai, July 3 -- SRM Contractors Limited, a construction company listed on Indian exchanges, has announced receipt of contracts totalling Rs 5,009.92 million (mn). The awards were disclosed in a regu... Read More