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Aditya Birla Group Emerges Front Runner To Buy Shell's Sprng Energy For $1.7 Billion
As part of the process, the Aditya Birla Group will conduct due diligence over the next three to four weeks before deciding on a final agreement.
BofA sees FY27 earnings growth slowing to 8.5%; capex outlook stays strong
Amish Shah, Head of India Research at Bank of America Global Research, said higher commodity prices, the West Asia conflict and rising inflation could put pressure on growth and earnings in the first half of FY27. However, he believes the government is unlikely to reduce capital expenditure despite fiscal concerns. Shah also highlighted long-term opportunities in sectors linked to energy security, electric vehicles, defence, AI investments and data centres.
No More Just A Wind Company? Suzlon 2.0 Looking To Expand Into Solar, Battery Energy
The company expects 60% of revenues from its targeted 10 GW renewable energy portfolio to eventually come through the DevCo model by FY31.
Ather Energy hits all-time high despite market selloff; what's fueling the rally? - Upstox
Ather Energy hits all-time high despite market selloff; what's fueling the rally?Upstox
Broader markets crash! Physicswallah, Coforge, other small & midcap stocks tumble up to 6%. Do you own?
Indian smallcap and midcap stocks plummeted on Wednesday due to persistent FII selling, a weakening rupee, and global factors. IT stocks, which had surged previously, saw a sharp selloff, with major players like TCS and Infosys dropping significantly. Analysts point to energy shocks and current account deficit concerns impacting market sentiment.
Suzlon unveils 'Suzlon 2.0', targets 10 GW annual renewable energy sales by FY31
As part of the strategy, Suzlon plans to quadruple its annual renewable energy sales to 10 GW by FY31, expand its order book to 15 GW from the current 5.7 GW, and increase its renewable energy assets under management (AUM) to 70 GW from current levels.
Oil India Ltd up for third consecutive session
Oil India Ltd is quoting at Rs 490.45, up 1.31% on the day as on 12:49 IST on the NSE. The stock is up 15.4% in last one year as compared to a 5.36% slide in NIFTY and a 12.24% slide in the Nifty Energy index.
Suzlon’s next growth bet: solar, batteries with a tight grip on capital
The company’s ‘Suzlon 2.0’ strategy aims to turn it into a one-stop renewable energy solutions provider spanning wind, solar and battery storage, while staying capital-light and reviving exports.
Camelian's Vikas Khemani sees manufacturing as India's biggest long-term opportunity
Vikas Khemani, Founder of Carnelian Asset Management and Advisors, said market weakness caused by geopolitical tensions and higher oil prices is temporary and expects conditions to improve once energy concerns ease.
Gujarat Alkalies to source hybrid renewable energy from CLEANMAX
The project will comprise of 75.90 MW of wind capacity and 84.34 MWp of solar capacity, from which hybrid renewable energy will be supplied to GACLs Dahej and Vadodara units under the group captive structure. 100% power generated from the said facilities will be utilized by GACL.
Gujarat Alkalies joins hands with CleanMax for hybrid renewable energy project
Gujarat Alkalies and Chemicals (GACL) has partnered with Clean Max Enviro Energy Solutions (CleanMax) to source hybrid renewable energy for its manufacturing operations in Gujarat.
Oil may stay expensive even if West Asia tensions ease, pressure OMCs: ICICI Securities
Probal Sen, Oil and Gas Analyst at ICICI Securities believes global energy supply chains have structurally changed after the Middle East conflict. India is increasing crude imports from Venezuela, Russia, the US and Africa to manage shortages, but cheap crude is no longer available.