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Adani Group stocks rise up to 3% after US Justice Department drops all charges against Gautam Adani
Adani Group stocks rose up to 3% after US Department of Justice dropped all criminal charges against Indian billionaire Gautam Adani and his nephew Sagar Adani, concluding a 19-month legal battle. This development, alongside a $275 million settlement with the US Treasury for sanctions violations, lifts uncertainty over the Adani Group's expansion plans. The group had faced allegations of bribery and fraud linked to solar power contracts.
Motilal Oswal sector of the week: Power; Acme Solar, JSW Energy top bets
While valuations across several utilities have rerated sharply and now trade above historical averages, the sector's structural growth drivers continue to support a favourable long-term outlook
Inox Clean Energy powers into top three with Rs 25k-cr buys, says company official
"We have made nine acquisitions in the past nine months. These investments are worth Rs 25,000 crore," said Devansh Jain, executive director of INOXGFL, an umbrella entity that houses varied businesses across industrial chemicals, renewable energy generation, solar and wind equipment manufacturing and operations and maintenance of wind farms.
MoF approves scheme for floating solar battery storage
India is set to boost renewable energy with a new ₹5,500 crore floating solar battery storage scheme. The finance ministry's expenditure finance committee has approved the plan. This initiative aims to encourage states to install floating solar panels. It will help reduce reliance on fossil fuel imports. The scheme will be sent to the cabinet for final approval soon.
NTPC Chief Cautions Against Dependence On Single Supplier For Nuclear Technology
According to the NTPC website, the company currently has an installed capacity of 89,805.30 MW at group-level, spanning coal, gas, liquid fuel, hydro and solar power.
JSW Energy commissions 250 MW renewable energy capacity
JSW Energy has successfully commissioned ~250 MW of renewable energy capacity (130 MW of Wind, 69.4 MW of Solar and 50 MW of Tidong Hydro Plant) since April'26. With this, the total installed capacity stands at 13.7 GW.
ReNew Energy earnings in focus: Can India solar giant sustain momentum? - Investing.com India
ReNew Energy earnings in focus: Can India solar giant sustain momentum?Investing.com India
US SEC’s settlement with Gautam Adani does not end Justice Department’s criminal investigation
The SEC's civil case settlement against the Adani family does not shield them from criminal liability in a separate DoJ investigation. The Adanis face significant fines while denying allegations of bribery and securities fraud linked to solar-energy contracts.
Inox Clean buys assets of US' Boviet Solar for $750 million
Inox Clean Energy has secured Boviet Solar's US solar manufacturing assets for $750 million. This strategic acquisition includes solar module and cell manufacturing units in North Carolina. The deal provides Inox Clean Energy a significant presence in the growing US market.
Tata Power shares crash 7% after Q4. What are Goldman Sachs and Motilal Oswal saying?
Tata Power shares dropped after its Q4 FY26 profit declined. Revenue also saw a year-on-year decrease. However, the company's renewable energy segment and solar manufacturing business showed significant growth. Brokerage firms provided varied outlooks, with some recommending 'Buy' and others 'Sell', citing different growth drivers and risks.
Tata Power Q4 Results: Profit slips 4% YoY to Rs 996 cr, revenue falls 13%
Tata Power Q4 Results: Tata Power reported a consolidated net profit of Rs 996 crore for Q4 FY26, a 4% year-on-year decline, while revenue fell 13%. The company achieved its highest-ever annual PAT of Rs 5,118 crore for FY26, driven by strong performance in its renewables, solar manufacturing, and transmission and distribution businesses.
ACME Solar shares up over 20% YTD. HSBC, Motilal Oswal see further upside; here's why
ACME Solar shares have soared 21% YTD despite market volatility caused by geopolitical tensions and economic shifts. Analysts from HSBC and Motilal Oswal foresee further growth, citing the company’s strategic shift and capacity expansion plans.