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INOXGFL leads race for Vena's India biz buyout; Proposed deal may give Rs 4,500-5,000 crore enterprise value
INOXGFL Group is poised to acquire Vena Energy's Indian renewable energy business. The deal is valued between ₹4,500-5,000 crore. This move signifies INOXGFL's aggressive expansion in India's clean energy sector. The conglomerate has recently made several strategic acquisitions, bolstering its renewable energy portfolio. This acquisition further strengthens its position in the rapidly growing market.
Marco Rubio Set For India Visit On May 23; Trade, Energy, Defence Ties To Be Discussed
This will be his first visit to India and he is expected to discuss energy security, trade, and defense cooperation during meetings with senior Indian officials.
Industry wants to build nuclear reactors in India, possible with SHANTI Act: US delegate
The SHANTI Act of 2025 has significantly boosted opportunities for US commercial nuclear companies to collaborate with India. A high-level US delegation, including NEI's CEO Maria Korsnick, met with Indian ministers to discuss expanding clean energy cooperation. Korsnick highlighted the US's advanced reactor technologies and expressed readiness to partner with India based on its specific needs.
INR collapses to new historic lows driven by global conflicts and energy spikes
The Indian rupee slipped to a record low of 96.60 against the US dollar before settling at 96.52 (provisional) on Tuesday, weighed down by soaring crude oil prices, persistent foreign capital outflows, and a resilient dollar buoyed by global risk-aversion. The rupee is Asia's worst-performing currency in 2026, having tumbled to a historic intraday low of 96.60 against the US dollar. The currency has depreciated 1.5 per cent this month and more than 7 per cent so far this year. Rupee remains vulnerable to rising crude oil prices and the closure of the Strait of Hormuz. Meanwhile, the Indian equity benchmarks surrendered their early morning gains in a highly volatile trading session to settle marginally lower due to late profit-booking. The BSE Sensex declined 114.19 points (0.15%) to close at 75,200.85, while the NSE Nifty 50 slipped 31.95 points (0.14%) to finish at 23,618.00.
Green Energy Stocks Shine Despite Weak Indian Market Sentiment On May 19, 2026 - SolarQuarter
Green Energy Stocks Shine Despite Weak Indian Market Sentiment On May 19, 2026SolarQuarter
Energy Stocks Over Banks: Gurmeet Chadha Maps The New FII Playbook In Indian Markets
According to Chadha, FIIs are increasing the breadth of their India exposure. Their holdings, which were once spread across around 900 companies, now extend to nearly 1,300 to 1,400 stocks.
JSW Energy, WPIL, Rajratan Global Wire Grow Despite Indian Market Caution - Whalesbook
JSW Energy, WPIL, Rajratan Global Wire Grow Despite Indian Market CautionWhalesbook
India's Rs 1.7 lakh crore fuel crisis may have found an unlikely fix
India faces high energy import costs and a weakening rupee. A Monaco company, FOWE Eco Solutions, presents a water-based fuel emulsion technology. This innovation promises substantial fuel savings and emission reductions for Indian industries. The technology requires no engine modification or plant shutdowns. Trials in India show promising results for refineries, steel plants, and power units.
Very small rise in fuel price revision: Indian Oil chief says company working round the clock to ensure full capacity availability
Indian Oil refineries are running at over 100 percent capacity. This ensures no fuel shortage at retail outlets. Prices for petrol and diesel have seen a small increase. The company is also focusing on alternative energy. Two hydrogen-powered buses have been provided to Delhi Metro. These buses offer zero emissions.
Adani Group stocks: Enterprises, Ports, Green hit 52-week highs; here's why
Adani Green Energy in an exchange filing said the US SEC, Gautam Adani and Sagar Adani filed their request for entry of final judgment, on consent, before the US Eastern District NY Court on May 15.
US energy official briefs nuclear industry delegation ahead of India visit
A US nuclear industry delegation is set to visit India next week. They will explore cooperation in India's civil nuclear sector. This follows New Delhi opening the sector to private players. New legislation has eased previous liability concerns for global companies. The delegation will meet with Indian officials and private sector leaders.
Billionaire Adani to settle with SEC, nears end of US legal woes
Adani and his nephew Sagar agreed to pay a total of $18 million to settle Securities and Exchange Commission allegations they made false and misleading representations about Adani Green Energy Ltd, according to a proposed agreement filed in federal court Thursday.