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Iraq approves preliminary agreements to study strategic oil export pipeline projects
Iraq's cabinet has greenlit preliminary deals for strategic oil export pipeline studies. A consortium featuring US firms Capital TI and Chevron, alongside Qatar's UCC, will explore routes like Basra-Haditha-Kirkuk-Ceyhan. These initial agreements carry no financial commitment for the Iraqi oil ministry. Additionally, Basra Oil Company is authorized to engage KBR for consultancy on a Basra-Haditha pipeline project.
Coal India inks JV with UPRVUNL to develop renewable energy projects in Uttar Pradesh
The joint venture company will be incorporated as a private limited company with an initial paid-up capital of ₹10 lakh and an authorised share capital of ₹10 crore. Its registered office will be located in Lucknow, Uttar Pradesh.
Why did CG Power, Hitachi Energy, Apar Industries and other capital goods stocks crash up to 10% today? Explained - livemint.com
Why did CG Power, Hitachi Energy, Apar Industries and other capital goods stocks crash up to 10% today? Explainedlivemint.com
MEIL to pump in Rs 40,000 crore capex in 3 years, eyes Rs 2 lakh crore topline in 5 years
Megha Engineering & Infrastructures Limited (MEIL) Group is set to invest up to Rs 40,000 crore in capital expenditure over the next two to three years, targeting a Rs 2 lakh crore topline within five years. The conglomerate plans to take subsidiaries like Evey Trans, its electric bus operator, and its Defence vertical public.
Adani Enterprises increases QIP size to Rs 15,000 crore, draws bumper 3.8x bids
Adani Enterprises successfully upsized its qualified institutional placement to Rs 15,000 crore, attracting bids worth Rs 38,000 crore due to strong investor demand. The funds will fuel capital expenditure for new projects like a PVC plant and road development, alongside accelerating growth in incubation businesses and potentially reducing debt. This significant share sale highlights robust investor confidence in the conglomerate's diverse portfolio.
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.
Siemens, ABB, Jyoti CNC And More In Focus Ahead Of Capital Goods Q1 Results — Check New Target Prices
Yes Securities projects stable quarter for capital goods sector amid geopolitical tensions.
Delhi EV Policy 2026 paves way for hydrogen-powered vehicles
Delhi's new Electric Vehicle Policy 2026 paves the way for hydrogen fuel-based vehicles within four years, aiming to curb vehicular emissions, a major contributor to air pollution. The city plans to introduce two hydrogen-powered buses soon, with the Delhi Transport Corporation collaborating with NTPC for this initiative. This move signifies a significant stride towards cleaner, sustainable public transportation and a future-ready mobility ecosystem for the national capital.
Renfra Energy India files DRHP with Sebi to raise ₹430 crore via IPO
Renewable energy EPC firm plans to use proceeds for debt redemption, working capital needs and general corporate purposes
RITES Shares In Focus As PL Capital Remains Bullish On Execution-Led Growth, Sustainable Margins — Check Target Price
RITES shares in focus after PL Capital reiterated a Buy', citing strong execution-led growth visibility despite near-term margin normalisation.
R Systems Shares May Rally 71%, Says Dolat Capital On Coverage Initiation — Check Target Price
Dolat Capital has initiated coverage on R Systems with a Buy' rating and sees an upside potential of about 71% from current levels.
Water crisis ahead? PL Capital says water deficit creates Rs 20 lakh cr infra opportunity, picks 3 stocks
India's widening water deficit could create an infrastructure investment opportunity worth over Rs 20 lakh crore over the next decade, according to PL Capital. The brokerage expects sustained growth across water treatment, recycling and wastewater management, and has identified VA Tech Wabag, Enviro Infra Engineers and Denta Water as key beneficiaries.