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Torrent to acquire Nabha Power from L&T for Rs.6,889 cr

NEW DELHI, Feb. 17 -- Torrent Power Ltd has entered into a definitive agreement with L&T Power Development Ltd (L&TPDL), a wholly owned subsidiary of Larsen & Toubro (L&T), to acquire a 100% equity st... Read More


Indian solar equipment makers plan Rs.30,000 crore play for 50 GW of cell capacity to meet local sourcing mandate

New Delhi, Feb. 17 -- Indian solar equipment makers are lining up Rs.30,000 crore to create around 50 gigawatts (GW) of solar cell capacity in the next financial year (FY27) to comply with the governm... Read More


A tsunami of investment is brewing in India's solar cell sector

New Delhi, Feb. 17 -- New Delhi: India's solar manufacturers are preparing to invest about Rs.30,000 crore to build about 50 GW of solar cell capacity in fiscal year FY27, racing to comply with new lo... Read More


AM Group challenges tech giants with $25 billion green AI platform

New Delhi, Feb. 16 -- AM Group, the green energy conglomerate led by the Greenko founders, is developing a $25 billion High-Performance Compute (HPC) hub that aims to establish a 1-gigawatt (GW) artif... Read More


Torrent Power to acquire Nabha Power from L&T for Rs.6,889 crore

NEW DELHI, Feb. 16 -- Torrent Power Ltd has entered into a definitive agreement with L&T Power Development Ltd (L&TPDL), a wholly owned subsidiary of Larsen & Toubro (L&T), to acquire a 100% equity st... Read More


India adds a record 52.5 GW of power generation capacity so far in FY26

New Delhi, Feb. 15 -- Amid growing demand for power in the country, companies have installed a record power generation capacity of 52.53 GW in the country so far this financial year. The previous reco... Read More


Saudi Arabia India's top oil supplier in Feb as Russian flows recede after US trade deal

New Delhi, Feb. 14 -- Saudi Arabia has surpassed Russia as India's top oil supplier so far this month after a price cut, signalling New Delhi's effort to reduce imports from Moscow after its trade pac... Read More


Saudi Arabia India's top oil supplier in February

New Delhi, Feb. 14 -- Saudi Arabia has surpassed Russia as India's top oil supplier so far this month after a price cut, signalling New Delhi's effort to reduce imports from Moscow after its trade pac... Read More


Union cabinet clears Rs.1 trillion Urban Challenge Fund for market-led urban development

NEW DELHI, Feb. 14 -- The Union cabinet has approved schemes and infrastructure projects with a cumulative outlay of Rs.1.6 trillion, including the Urban Challenge Fund for urban development and the R... Read More


India's net direct tax collections rise 9.4% to Rs.19.43 trillion

New Delhi, Feb. 11 -- The central government's net direct tax collections, after accounting for refunds, stood at Rs.19.43 trillion so far this fiscal year, up 9.4% from a year earlier. Data released... Read More