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Localization mandates set to widen and end lucrative arbitrage for Indian solar cell companies

Mumbai, July 24 -- India's solar module manufacturers with cell-making capacity are making a windfall by selling to cell-less competitors. However, a lucrative arbitrage that comes from a shortage of ... Read More


Adani Green Q1 profit rises about 20% as clean energy capacity crosses 20 GW

Mumbai, July 22 -- Adani Green Energy Ltd's profit for the June quarter rose by nearly a fifth, driven by its operational clean energy capacity crossing the 20-gigawatt (GW) mark, even as it continued... Read More


Indian conglomerates' new pitch to foreign investors: Build with us from day one

New Delhi, July 22 -- India's biggest conglomerates are changing how they finance mega projects, with a series of recent deals showing they are increasingly bringing in foreign equity partners before ... Read More


Reliance tops estimates as petrochemicals business stands firm in a turbulent first quarter

Mumbai, July 17 -- Reliance Industries Ltd delivered a better-than-expected start to FY27 as a resilient oil refining and petrochemicals business weathered severe disruption in global energy markets t... Read More


Sprng, a new thread in Grasim's growth story as Birla's flagship

New Delhi, July 15 -- Mumbai: The $1.8 billion acquisition of Sprng Energy by Aditya Birla Renewables brings the spotlight on Grasim Industries, the Aditya Birla Group's flagship holding and incubatio... Read More


Birla in RE top tier with Sprng buy

Mumbai, July 14 -- Billionaire Kumar Mangalam Birla has made his biggest bet yet on India's clean energy sector, acquiring Sprng Energy from Shell at an enterprise value of $1.8 billion. The deal will... Read More


Birla enters renewables top tier with $1.8 bn Sprng deal

Mumbai, July 13 -- Billionaire Kumar Mangalam Birla has made his biggest bet yet on India's clean energy sector, acquiring Sprng Energy from Shell at an enterprise value of $1.8 billion. The deal will... Read More


SC asks Baba Kalyani and Sugandha Hiremath to settle disputes via mediation

Mumbai, July 13 -- The Supreme Court on Monday asked Bharat Forge chairman Babasaheb Kalyani and his sister Sugandha Hiremath to settle their disputes through mediation, appointing former Supreme Cour... Read More


Is Greaves Cotton's diversification strategy starting to pay off?

Mumbai, July 5 -- Greaves Cotton Ltd is beginning to reap the benefits of a decade-long diversification drive, sharply reducing its reliance on diesel engines for three-wheelers as it transforms into ... Read More


Adani takes on Vedanta, Birla with aluminium bet

Bhubaneswar, July 3 -- The Adani Group is set to compete head-on with the Aditya Birla Group and the Vedanta Group through its planned $11.5 billion entry into aluminium production in an equal partner... Read More