Industry

NTPC Green Energy Ltd, a wholly owned subsidiary of NTPC Ltd, on Tuesday incorporated a 50:50 joint venture with Maharashtra State Power Generation Company Limited (MAHAGENCO). The new JV MAHAGENCO NTPC Green Energy Pvt Ltd (MNGEPL) will develop, operate and maintain renewable energy park(s) in Maharashtra under the Ultra-Mega Renewable Energy Power Parks(UMREPP) scheme and

– By Raju Sinha The transformation of technology is on full display in e-commerce. The way in which online shopping logistics is developing is almost spectacular, as developments are happening at a pace, scale, and impact that only a few could have envisioned even 10 years ago. What was once a process that took days

Independent telecom tower companies are expected to spend Rs 21,000 crore over a period between fiscals 2025 and 2026 in order to support the telecom companies in expanding rural networks and also improving service quality in urban areas, stated a report by CRISIL Ratings. Over the past two fiscals, the push for better coverage and

Ratings agency Moody’s said on Tuesday that it had cut the outlook on the ratings of seven Adani entities to ‘negative’ from ‘stable,’ citing the U.S. indictment of Chairman Gautam Adani and others on alleged bribery charges, which could likely weaken the group’s access to funding and increase its capital costs. Moody’s also affirmed the

With the end of the fiscal second quarter results season, brokerage firms stated that Q2 corporate earnings scorecard was weak, but excluding commodities, it reported an in-line growth. Consumption, per analysis by Motilal Oswal Financial Services (MOFSL), has emerged as a weak spot, while select segments of BFSI are experiencing asset-quality stress. “Weak government spending

Asset reconstruction companies (ARCs) are expected to witness their cumulative recovery rate  for stressed road projects rising by 700-1000 basis points (bps) this fiscal after doubling to 50-55 per cent last fiscal, stated a report by CRISIL Ratings. This, it added, will  be driven by faster completion or descoping of pending construction resulting in start

A day after TotalEnergies SE said that it will hold off on new investments in Adani group companies until the allegations by US authorities are clarified, Adani Green Energy issued a statement saying there was no new financial commitment under discussion with the French oil giant. In a regulatory filing, Adani Green Energy said, “We

– By Manish Bandlish India commemorates National Milk Day in tribute to Dr. Verghese Kurien, the progenitor of the White Revolution, and to acknowledge the indefatigable contributions of the nation’s agriculturists. As of 2024, owing to Dr. Kurien’s prescient stewardship and the relentless diligence of these farmers, India retains its stature as the preeminent milk