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Centre Proposes Petroleum Penalty Overhaul with Rs. 50 mn Fines

Mumbai, Oct. 8 -- The Centre has proposed changes to the Petroleum Act, 1934, that would replace criminal action for certain licence breaches with administrative adjudication and civil penalties. The ... Read More


Adani Green Expands BESS Capacity to 6.63 GWh

Mumbai, Oct. 8 -- Adani Green Energy (AGEL) has expanded its operational Battery Energy Storage System (BESS) capacity to 6.63 GWh from 3.55 GWh in June 2026, making up more than half of India's opera... Read More


UP RERA Approves 11 Projects Worth Rs. 20.86 bn

Mumbai, Oct. 8 -- The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 11 real estate projects across five districts, involving an estimated investment of Rs. 20.86 bn and the dev... Read More


Keventer and Poddar Group Launch Rs. 4 bn Real Estate AIF

Mumbai, Oct. 8 -- Kolkata-based Keventer Group and Saroj Poddar Group have launched the Poddar Keventer Real Estate Fund - Scheme I, a Category II Alternative Investment Fund (AIF) with a target corpu... Read More


Bengal Needs Organised Real Estate Players, Says Dasgupta

Mumbai, Oct. 8 -- West Bengal Finance Minister Swapan Dasgupta has urged organised real estate developers to play a larger role in the state's property sector, saying their participation could bring g... Read More


MCD Approves Rooftop Solar Plan for 1,100 Civic Buildings

Mumbai, Oct. 8 -- The Delhi Municipal Corporation (MCD) has approved a unified plan to install rooftop solar systems at approximately 1,100 civic buildings without direct capital expenditure by the ci... Read More


RRECL Invites Bids for 900 MW Rampura Pumped Storage Project

Mumbai, Oct. 8 -- Rajasthan Renewable Energy Corporation (RRECL) has invited global online bids to appoint a developer for the 900 MW/5,400 MWh Rampura Pumped Storage Project in Tonk, Rajasthan. The f... Read More


Gadkari Defends Ethanol Blending, Pitches Bihar Water Grid

Mumbai, Oct. 8 -- Union minister Nitin Gadkari defended ethanol blending in petrol, saying the policy had created an additional market for farm produce and helped diversify agriculture. Speaking at th... Read More


UP Leads Rooftop Solar Installations Under PM Surya Ghar Scheme

Mumbai, Oct. 8 -- Uttar Pradesh ranked first in India for rooftop solar installations under the Pradhan Mantri Surya Ghar: Muft Bijli Yojana in September 2026, with 74,796 plants added during the mont... Read More


Cube Highways Trust Raises Rs. 11.5 bn Through AAA-Rated NCDs

Mumbai, Oct. 8 -- Cube Highways Trust, also known as Cube InvIT, has raised Rs. 11.5 bn through the issuance of senior, secured, listed, rated and redeemable non-convertible debentures (NCDs). The sec... Read More