Market News

Adar Poonawalla Family Office invests Rs 700 crore in Inox Clean

Adar Poonawalla's family office has injected Rs 700 crore into Inox Clean Energy, This significant investment bolsters Inox Clean's integrated platform, which now includes solar manufacturing and independent power production, following a series of strategic acquisitions. The capital infusion aims to fuel further expansion, including new projects and manufacturing capacity, reinforcing its position in the clean energy sector.

Adani Enterprises, Odisha govt sign pact for Rs 1.08 lakh crore aluminium plant with IHC

Adani Enterprises is set to invest a massive Rs 1.08 lakh crore in Odisha for a new greenfield aluminium project, in partnership with Abu Dhabi's IHC. This significant venture aims to boost India's aluminium production by nearly 50%, featuring a large-scale refinery, smelter, and downstream park. The project, supported by substantial power generation, is expected to create over 50,000 jobs, marking a major FDI in India's metal sector.

Bajaj Auto, TVS Motor shares react to June sales; exports power growth

While Bajaj Auto's growth was driven by strong export demand, TVS Motor delivered a better-than-expected performance across key segments.

The surprising reason India's most expensive stocks often keep rising

Indian stocks defy logic, with expensive companies consistently outperforming. This trend, observed over 15 years, sees sectors like defence and retail surge despite high valuations, driven by structural shifts and strong earnings. Jefferies highlights the power sector as the next potential beneficiary, citing strong demand and private sector capex. Investors should remain aware of potential reversals if growth falters.

Power Grid Share Price Live Updates: Power Grid's recent performance shows negative returns

Banks, defence, pharma among analysts' top 6 sectoral bets for H2 CY2026

Sectors to watch: As markets enter H2CY2026, analysts expect banks, defence, pharma, power, hotels and auto ancillaries to remain in focus.

MNRE opposes uniform DSM norms for renewable projects

The Ministry of New and Renewable Energy is pushing for a distinct deviation settlement mechanism for wind and solar projects, arguing they shouldn't face the same penalties as conventional power plants. Renewable energy's weather-dependent nature necessitates a tailored approach, the ministry stated, to avoid increasing financial risks and impacting project viability. They advocate for a graded system considering forecasting and grid readiness.

Chinese App BAT-BMS Allows Strangers To 'Control, Switch Off' E-Rickshaws Via Bluetooth, Netizens Claim

BAT-BMS connects with an e-rickshaw's battery and then cutting off the vehicle's access to power.

Coal India wins ₹2,831 crore solar project; June e-auction allocation rate at 41%

Coal India won a 600 MW solar power project in Uttar Pradesh, while its June SWMA e-auction allocated 108.76 lakh tonnes of coal at a 42% premium over notified prices, according to provisional data.

Coal India bags Rs 2,831 crore 600 MW solar plant deal in UP

State-owned Coal India Limited has clinched a significant ₹2,831.11 crore contract to build a 600 MW solar power facility in Uttar Pradesh's Jalaun Solar Park. This massive project, split into two 300 MW blocks, will supply electricity at a fixed rate of ₹2.73 per kWh. The deal was awarded by Bundelkhand Saur Urja Limited, marking a major green energy push for the mining giant.

Iran Calls Hormuz Its 'Greatest Instrument Of Power'; Vows Minab School Attack Won't Be Forgotten

Iran calls Hormuz its biggest strategic asset; vows justice over Minab school attack.

Top Gainers & losers on 1 July: Reliance Power, Delhivery, Eternal, Paytm, MCX, Dabur India among top gainers

The Indian stock market opened positively in July, led by strong buying in realty, FMCG, and auto stocks, with Nifty 50 at 24,005 and Sensex at 76,873. However, IT and metal sectors saw declines as geopolitical tensions impacted crude oil prices.