Market News

Adani Total Gas appoints Sanjay Pandita as CEO, effective May 22

Adani Total Gas has appointed Sanjay Pandita as its new CEO, effective May 22, 2026. With 25 years of experience in the energy sector, Pandita is recognized for his expertise in natural gas, LNG, and low-carbon solutions. His career includes significant contributions to India's clean energy transition and business growth in city gas distribution and mobility.

JSW Motors ties up Rs 8,000 crore funding from India’s top bank

JSW Motors, part of Sajjan Jindal's business empire, has secured a significant 80 billion rupee funding line. This financial boost from State Bank of India will fuel the development of a new greenfield manufacturing facility in Maharashtra. The venture aims to establish India's first homegrown new energy passenger vehicle brand in decades.

Bluspring Enterprises completes acquisition of STEAG Energy Services (India)

JSW Energy to raise ₹4,000 crore via share sale — Check indicative issue price and other details

On December 12, 2025, JSW Energy's board had approved the raising of funds up to 10,000 crore via QIP or other securities.

RPSG, Inox, Hexa bid for Enel's renewable energy projects in India

The three firms submitted their bids last week in the ₹3,000 crore enterprise value range for Enel's India business comprising renewable energy generation projects with a potential capacity of 2.5 gigawatts, the people said. The bids were preceded by a six-week period of due diligence during which the Indian suitors were given access to the assets of Enel Green Power India Pvt Ltd.

Stellantis plans partnerships with Dongfeng in Europe, JLR in US

Stellantis is joining forces with China's Dongfeng to create a dynamic joint venture aimed at producing new energy vehicles right in the heart of Europe. With plans for manufacturing facilities in France, this partnership reflects Stellantis's bold strategy to widen its market influence.

JSW Energy Ltd up for fifth session

JSW Energy Ltd is quoting at Rs 534.85, up 0.32% on the day as on 12:44 IST on the NSE. The stock is up 5.95% in last one year as compared to a 4.88% drop in NIFTY and a 12.23% drop in the Nifty Energy.

Aegis Logistics Ltd soars 1.82%, up for fifth straight session

Aegis Logistics Ltd is quoting at Rs 713.25, up 1.82% on the day as on 12:44 IST on the NSE. The stock is down 20% in last one year as compared to a 4.88% spurt in NIFTY and a 12.23% spurt in the Nifty Energy.

India prepares to send oil tankers through Hormuz for new supply

India is preparing to resume sending ships through the Strait of Hormuz to pick up oil and energy cargoes from Middle East suppliers for the first time since the Iran conflict began. State-run Shipping Corporation of India is ready to restart operations in the Persian Gulf once it receives approval from the Indian Navy and cargo orders from refiners.

India prepares to send oil tankers through Strait of Hormuz for new supply

India plans to resume shipping energy cargoes through the Strait of Hormuz, with Shipping Corp. of India ready, as Navy escorts increase amid Iran conflict and energy price strain

Stocks to Watch for May 20: BPCL, Mankind Pharma, Orkla India, PI Industries and more

BPCL profit slumps on exceptional loss, while Orkla India, Godawari Power and Karnataka Bank report strong earnings growth. PTC India’s profit declines sharply, and JSW Energy moves to raise its stake in Toshiba JSW. Here are the stocks to watch ahead of Wednesday’s trading session.

JSW Energy to raise stake in Toshiba power equipment venture with ₹150 crore deal

JSW Energy to raise stake in Toshiba JSW Power Systems to 20.7% via ₹150 crore share purchase from Toshiba, boosting turbine access and thermal expansion plans