India, the world’s third-largest CO2 emitter, is heavily reliant on coal for power generation. The nation has installed 8.8 gigawatts of atomic power since its oldest reactor was commissioned in 1969, and reaching the 2047 target would mean building half…
Bernstein’s Nikhil Nigania expects India to add 30–35 GW of renewable capacity annually, below the government’s 40–50 GW target, while staying positive on long-term power demand growth.
PhonePe is planning to raise about ₹12,000 crore ($1.35 billion) through an offer-for-sale (OFS), with Walmart, Tiger Global, and Microsoft set to collectively offload around 10% stake.
As a result of this recovery, nine out of the 15 stocks on the Nifty FMCG index are trading with gains.
The Indian rupee is under pressure after foreign investors sold equities worth over ₹6,400 crore in two days, while month-end dollar flows add to market volatility. Traders now watch the 89 level closely, with the RBI likely to intervene if…
L&T said the consortium will participate in the expression of interest notice issued by the Centre’s Aeronautical Development Authority by submitting a response in the coming weeks.
According to a stock exchange filing, the proposed deal will give Bajaj Electricals full ownership of the Morphy Richards brand in India, Nepal, Bhutan, Bangladesh, the Maldives, and Sri Lanka, strengthening its presence in the premium appliances market.
At the interbank foreign exchange, the rupee opened at 88.80, registering a decline of 7 paise over its previous close. In initial trade the rupee also touched 88.71 against the greenback.
The company has also re-designated Ramesh Kunhikannan, formerly MD, as Executive Vice Chairman in the whole-time director category.
Confidential IPO filing lets companies submit their draft prospectus privately, protecting sensitive data and ensuring regulatory compliance before going public.