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Ather Energy shares rally 270% in one year, but Nomura sees 22% more upside. Here’s why
Nomura increased Ather Energy's target price, expecting electric two-wheeler trends to accelerate. The brokerage sees Ather as a top pick to benefit from this EV momentum. New affordable scooter launches and a new plant will address a key market segment. Revenue growth is projected at 54% and 57% for FY27 and FY28. EBITDA is expected to improve, with PAT breakeven anticipated in FY29.
Railway Minister Ashwini Vaishnaw flags off new train services in UP, UK and Maha; announces major rail push
Union Railway Minister Ashwini Vaishnaw launched new train services connecting Nanded to Mumbai and Tanakpur to Nanded, enhancing connectivity for the Sikh community and other regions. He also announced the extension of the Tanakpur-Pilibhit service to Shahjahanpur. The minister highlighted significant railway development over the past 12 years, including track expansion and electrification, with bullet train projects progressing rapidly. Emphasis remains on affordable travel for the common populace.
Tata Power to install solar, battery energy systems across one lakh households in Punjab over three years
Tata Power Solaroof has launched 'Ghar Ghar Solar' in Punjab, aiming to equip one lakh households with rooftop solar and battery systems over three years. This initiative, supported by accessible financing and community programs like 'Mera Gaon, Mera Solar', seeks to boost clean energy adoption. The campaign aligns with government subsidies, making solar power more affordable and promoting self-reliant energy solutions across the state.
Adani Group targets 10 GW nuclear power capacity by 2035
Adani Group is venturing into nuclear power, aiming for 10 GW capacity by 2035 to bolster India's energy security amidst global uncertainties. Chairman Gautam Adani announced land acquisition for Adani Atomic Energy, a significant addition to the conglomerate's integrated power platform. This move aligns with accelerated investments across the energy value chain, from mining to clean energy technologies, underscoring a commitment to reliable, affordable, and round-the-clock power for the nation.
Reliance Intelligence To Make AI Dramatically More Affordable In India By 2030: Akash Ambani
In this screengrab from a video posted on June 19, 2026, Jio Platforms Managing Director Akash Ambani addresses the 49th Annual General Meeting (post-IPO) of Reliance Industries Limited, in Mumbai, Maharashtra.
Tata Trusts To Raise Philanthropic Spend To Rs 2,000 Crore; CEO Rejects 'Chaos' Narrative
The funds support projects including affordable cancer care facilities in states such as Assam, Maharashtra, Jharkhand, Andhra Pradesh and Uttar Pradesh.
Hurdles behind India's supertall buildings & vertical ambitions
India's urban growth is rapid, yet only one building crosses the 300-meter supertall mark. Fragmented regulations and infrastructure gaps hinder taller constructions. Developers face higher costs and extended timelines for supertall projects. While supertalls offer efficient land use, the focus remains on addressing affordable housing and essential urban services for the next two decades.
US 'specifically' asked India to buy Russian oil in 2022, says EAM Jaishankar
India's External Affairs Minister S. Jaishankar stated India purchased Russian oil after the Ukraine war began in 2022. He explained the oil was available and affordable. The United States had specifically requested India continue buying Russian crude. This action aimed to stabilize global energy markets. India's decision was driven by market realities, not politics.
Govt considering policy to support affordable adoption of E85 fuel: Hardeep Singh Puri
The Indian government is actively considering a policy to accelerate the affordable adoption of E85 fuel, a blend of 85% ethanol with petrol. This move follows the unveiling of India's first flex-fuel motorcycles compatible with E85, signaling a significant step in the nation's energy transition.
S&P flags pressure on Indian Oil as high crude prices squeeze margins
S&P Global Ratings warns Indian Oil Corporation faces mounting pressure to balance affordable fuel with profitability. Prolonged Middle East tensions are escalating crude oil prices, squeezing margins and potentially impacting IOC's earnings and liquidity over the next year. The agency highlights the challenge of absorbing losses from high crude costs while meeting India's energy needs.
Star Health and Allied Insurance rolls out 20% cheaper health cover for tier-2, tier-3 cities
Star Health and Allied Insurance is launching an affordable health insurance product for tier-2 and tier-3 cities, with premiums 20% lower than existing plans. This move aims to increase insurance penetration in smaller towns where affordability is a key barrier. The insurer is also developing a preferred hospital network called Pratham to enhance customer experience.
These three EV stocks with high returns on capital are worth watching
Over the next decade, India could see a rapid electrification of public transport, logistics, and affordable mobility. Rising renewable-energy capacity also improves the long-term economics of EV charging.