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Companies make a beeline to set up RE storage capacities

As the government looks to set up 500 gigawatt (GW) of green capacity by 2030, a key challenge is to ensure its seamless access to the Grid. This is because RE by nature is intermittent, which undermines its optimal use unless stored efficiently. Private companies such as ReNew, JSW Energy, Avaada Energy, Serentica Renewables, Gensol

RE targets can swell solar import bill to $30 billion a year

India’s renewable energy RE) ambitions could increase the country’s annual solar import bill to $ 30 billion from $ 7 billion currently with most of it coming from China and as the entire world faces the same issue in its efforts to decarbonise key countries need to unite to global scale solar manufacturing facilities, according

Rajasthan shines as India’s solar power hub

By Dr Mohit Tantia Rajasthan has emerged as a prime destination for solar energy investment, not just in India, but globally. With an impressive installed capacity of 22,860 MW, the state now ranks first in the country in solar energy production. As India pushes toward its ambitious goal of achieving 500 GW of non-fossil fuel

India seeks critical mineral pact with US

India has proposed to the United States to convert their memorandum of understanding in critical minerals into a critical minerals agreement (CMA) that will give the benefits of a free trade agreement to the trade of electric vehicles. “I have suggested that our critical minerals MoU should be converted to critical minerals partnership agreement and

Kotak Mahindra Bank reports 5% rise in standalone net profit

Kotak Mahindra Bank’s standalone profit rose 5% to Rs 3,344 crore in the second quarter of current fiscal from Rs 3,191 crore in the same quarter previous year, helped by healthy growth in net interest income and improvement in asset quality. The net profit was below expectations as Bloomberg analysts expected the lender to post

Tech Mahindra beats Street estimates, profit gets boost by other income

Tech Mahindra reported a higher-than-expected earnings in the September quarter on the back of improved revenue growth in communications, hi-tech and media, and banking, financial services and insurance verticals. The consolidated revenue rose over 2% sequentially to Rs 13,313.2 crore in July-September against Rs 13,005.5 crore reported in the June quarter. The topline also beat

Indian CEOs set their sights on Mexico as key trade hub in landmark talks

Indian business leaders have launched a promising round of discussions in Mexico, aiming to unlock fresh trade and investment opportunities. The high-profile meeting, organized by the India México Business Chamber under the leadership of Amparo Kushelevich, signals a deeper alignment between the two nations as they explore ways to boost economic ties across sectors such

India’s Finance Minister Takes Tech Diplomacy Global: Major Moves in Mexico’s IT Hub!

Finance Minister of India, Nirmala Sitharaman, kicked off her official visit to Mexico in the vibrant city of Guadalajara, a renowned IT hub in Latin America. Her choice of Guadalajara as her starting point underscores India’s commitment to fostering strong technological partnerships with Mexico and strengthening the region’s high-tech ecosystem. During her visit, she participated
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More than a tractor queen

Mallika Srinivasan can be described in many ways: India’s `tractor queen’ making an indelible impression in a heavily male-dominated industry; a thought leader; a strategist as well as a well-known philanthropist with an abiding interest in ensuring development of agriculture, education, and healthcare in India. As chairman and managing director of Tractors and Farm Equipment

Trump warns of pharma sector tariff at levels ‘never seen before’, says announcement can be expected soon

Just moments after announcing sweeping reciprocal tariffs on countries that trade with the United States, US President Donald Trump assured that the pharma sector, particularly, is being looked at as a separate category. While speaking to reporters on Air Force One, Trump said, “Pharma tariffs are going to come in at levels you haven’t really

Marico Q4 business update: March quarter revenue growth estimated at 17-18%, ahead of peers – Here are key drivers

FMCG major Marico released its business update for the January-March quarter wherein it said that the company’s consolidated revenue growth moved to high-teens on a YoY basis, as steady growth trends across key segments was supplemented by incremental pricing interventions in the domestic business. For the full year, the consolidated revenue is estimated to deliver

Vedanta crashes 6%: 4 crucial factors to watch are…

Vedanta’s share price took a sharp hit in early morning trade on April 4, slipping nearly 6%. The stock hit an intraday low of Rs 414.35, pulling back sharply as the broader market also opened weak, with the Sensex down 1%. While other metal stocks also came under pressure, Vedanta underperformed the Nifty Metal index

Why are tech stocks falling today? 3 big concerns as Nifty IT Index cracks another 2%

The tech stocks are battered even as the street readies for major Q4 earnings next week. The Nifty IT Index is down nearly 2%. This is after the sharp 4% cut seen yesterday- April 3. Coforge, Wipro, Persistent and Infosys are among the top losers and the Nifty IT Index is now down nearly 7%