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REITs' leasable area to rise 30% by FY28, credit profiles to remain healthy
India's listed office REITs are poised for significant expansion, with leasable space projected to grow by 40-45 million sq ft by 2027-28. This growth, fueled by new listings and acquisitions, coupled with strong rental income and stable occupancy, will bolster credit profiles. Despite reliance on debt for future acquisitions, leverage is expected to remain controlled, ensuring a robust sector.
India needs to diversify its sources of energy needs, says NITI vice-chairman
NITI Aayog Vice Chairman Ashok Kumar Lahiri highlighted that the West Asia conflict, though a temporary supply chain issue, underscores India's need to diversify energy sources. He expressed optimism about an upcoming India-US trade agreement and advocated for including pharmaceutical products in future FTAs. Lahiri likened the crisis to a manageable 'influenza,' emphasizing the lesson of not concentrating all import and export dependencies.
Iran war triggers global race to build oil reserves
Vulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push for reserves could add half a billion barrels of demand. Countries like India and Pakistan are prioritizing stockpiles, learning from China's successful strategy of reducing imports during supply disruptions. This move aims to prevent severe economic distress and insulate economies from volatile energy markets.
ONGC rebrands itself as ‘gas and oil’ firm as natural gas output overtakes crude
State-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production has surpassed oil, with future growth expected to be driven by expanding gas output. Policy reforms and rising domestic demand are supporting this strategic pivot, as ONGC invests heavily in offshore projects and explores clean energy avenues.
BHAVINI hosts industry partnership conclave to drive country's fast breeder reactor expansion
BHAVINI, a Department of Atomic Energy firm, hosted a crucial partnership conclave for fast breeder reactor expansion. Senior industry leaders, technology partners, and engineering organizations convened to chart a collaborative roadmap for India's nuclear energy future. This initiative underscores a commitment to clean, sustainable nuclear power, aligning with national climate goals and the objective of achieving net-zero emissions by 2070.
Reliance to turn crude into carbon fibre, green chemicals, other materials in major O2C overhaul
Reliance Industries is set to reinvent its oil-to-chemicals business. The company will convert crude oil into advanced materials and green chemicals. This strategy aims to create new revenue streams and reduce exposure to global energy market volatility. Reliance is committed to ensuring India's energy security by future-proofing its legacy business and building new growth engines.
Reliance AGM: Reliance Retail bets on AI and consumer intelligence to power next phase of growth
Reliance Retail reported strong growth in FY26, driven by quick commerce, grocery network expansion, and rising consumer demand in fashion and electronics. The company plans to leverage AI and consumer insights for future growth, aiming for ₹1 lakh crore revenue by FY30.
RIL AGM Highlights: Five drivers for future growth
Reliance is transforming into a deep-tech and advanced manufacturing leader, highlighting five verticals within the company as those with potential for exponential value creation, Chairman Mukesh Ambani said in speech at the latest annual general meeting. These five are: Jio, AI, Retail, FMCG and New Energy.
Reliance Jio set to file IPO DRHP with SEBI today, Chairman Mukesh Ambani says at AGM
Reliance Industries' Chairman & Managing Director Mukesh Ambani said that the proposed listing of Jio will demonstrate to the world that India can build technology companies of global scale, global capabilities and global value. "I assure you, and all prospective new investors, that a brighter future awaits Jio," he added.
Bharti Airtel's Rahul Vatts named COAI Chairperson for 2026-27
Rahul Vatts of Bharti Airtel will lead COAI as Chairperson for 2026-27. Ravi Gandhi of Reliance Jio will be Vice-Chairperson. The announcement came after COAI's Annual General Body Meeting. The telecom industry body reviewed sector developments and discussed future priorities. This leadership change marks a new phase for strengthening India's digital communications ecosystem.
Reliance Jio IPO filing nears: A look at its rise, scale, profitability
As Reliance Jio nears a reported $4 billion IPO, here's a look at how India's largest telecom operator grew, its subscriber base, services, profitability and future plans
India may take a leaf from China's book for oil pool
India may adopt a China-like strategy for its oil reserves. Refiners could be required to hold significantly more crude oil. This move aims to protect the nation from future supply shocks. The proposal is in its early stages. Refiners might face substantial costs for storage and oil purchases. This policy could bolster India's energy security.