Market News
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NHPC offer plugs into green energy appeal, more suited for patient play
NHPC's offer for sale is underway. Analysts suggest it offers long-term potential for patient investors. The government is divesting up to 6% of its stake. The offer opened for non-retail investors with strong demand. The floor price is set at ₹71 per share. This move aligns with global energy security focus and domestic clean energy infrastructure investments.
Railways renews push for installing Atmospheric Water Generators
Indian Railways has renewed its push to deploy Atmospheric Water Generators (AWGs) in water-scarce areas, asking zones, production units and PSUs to identify locations where clean drinking water supply remains a challenge. AWGs generate potable water from moisture in the air and can be installed at railway stations, hospitals, staff colonies, offices, level crossings and other service areas.
Inox Clean Energy plans ₹1 trillion investment by 2030 in renewables, solar equipment and battery storage
INOXGFL Group is also targeting global markets with a major battery chemicals push and a new joint venture to develop power projects across Africa, executive director Devansh Jain said.
Reliance operationalises clean energy giga complex; elevates national exchequer contribution to Rs 2,16,472 crore in FY26
Reliance Industries has launched its clean energy operations. The company commissioned solar module manufacturing and began advanced work on a battery storage giga-factory. Reliance also significantly increased its contributions to the national exchequer. Jio Platforms accelerated its research and development, filing numerous new patents. The company is focused on enabling India's energy and digital future.
Reliance in talks with Chinese battery behemoth CATL & others for big battery system parts
Reliance Industries is in talks with China’s Contemporary Amperex Technology Co. Limited and other global suppliers to source components for battery energy storage systems as it pushes ahead with its clean energy plans.
Shareholder Lock-In: Shares worth nearly ₹20,800 crore of these three firms will free up on Monday
Barring Physicswallah, shares of both Tenneco Clean Air and Aadhar Housing Finance are trading significantly above their respective IPO price.
Lenskart shares in focus ahead of block deal, lock-in of equity worth ₹51,000 crore
Sources told CNBC-TV18 on Thursday evening that some existing investors are planning a clean-out trade in Lenskart, by looking to sell up to 70.2 million shares worth nearly $350 million via a block deal on Friday.
PM Modi’s Ujjwala at 10 marks shift from access to empowerment, says education minister Dharmendra Pradhan
Ten years on, the Pradhan Mantri Ujjwala Yojana has provided clean cooking fuel to over 10 crore women. This initiative has significantly improved household health and reduced time spent on fuel collection. Women are now participating more in economic activities, gaining a stronger voice.
Reliance Retail acquires Priyanka Chopra Jonas–founded haircare brand Anomaly
Founded in 2021, Anomaly is positioned as a clean, vegan haircare brand focused on performance and affordability.
Reliance Retail buys Priyanka Chopra Jonas’ Anomaly in beauty expansion push
Reliance Retail has acquired Priyanka Chopra Jonas's global haircare brand Anomaly. This move expands Reliance Retail's beauty and personal care offerings. Anomaly is known for its clean, vegan, and affordable products. Reliance Retail plans to scale the brand in India and internationally. Priyanka Chopra Jonas will continue as Creative Director. This acquisition strengthens Reliance Retail's position in the beauty market.
In a sea of red, how a smallcap defence company delivered multibagger returns this year
Despite a challenging market, MTAR Technologies has delivered multibagger returns, surging nearly 100% in just over four months. The smallcap defence company's rally is driven by its critical role in the global clean energy and AI infrastructure supply chain, particularly its partnership with Bloom Energy. Analysts anticipate significant order inflows from this collaboration, though valuation concerns are emerging.
Andhra Pradesh to host Rs 5,400 crore solar manufacturing project groundbreaking
Andhra Pradesh Chief Minister N Chandrababu Naidu will lay the foundation stone for ReNew Energy Global plc's Rs 5,400 crore solar manufacturing facility in Anakapalli district. This 6 GW solar ingot and wafer unit marks a significant step in India's push for domestic clean energy manufacturing and energy security, aligning with the state's Integrated Clean Energy Policy 2024.