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NCLT admits insolvency plea against Prime Focus over Rs 353.79 crore claim, company challenges order in NCLAT
The National Company Law Tribunal has admitted an insolvency petition against Prime Focus Ltd. Reliance Alpha Services Pvt Ltd filed the petition. Prime Focus is disputing the claim. The company has approached the National Company Law Appellate Tribunal for relief. Prime Focus's business operations continue as usual. The company is involved in global VFX and post-production services.
From Chennai to Abu Dhabi: How Indian manufacturers are breaking into the Middle East’s oil supply chain
Indian engineering firms are now entering the Middle East's oil and gas supply chains. Global energy companies are broadening their supplier choices. This opens doors for Indian manufacturers meeting strict standards. Companies like LSI-MECH Engineers are gaining approval. The Middle East continues energy infrastructure investment. Diversifying vendor bases is a priority for global firms.
A three-prong strategy can help India curb energy shock implications: HSBC Economist
India can counter global energy shocks with a three-part plan. This involves supporting small businesses through credit guarantees. It also includes strengthening rural employment with programs like NREGA. Finally, the government should boost public infrastructure investment. This strategy aims to protect growth and incomes amidst rising energy prices and potential supply disruptions.
India shielded fuel supply through crude diversification amid Hormuz turmoil: S&P Global Energy official
India's refinery operations remain robust despite global energy market disruptions from the Strait of Hormuz crisis. The nation has diversified crude purchases, increasing imports from multiple sources, including significant Russian oil acquisition, to maintain domestic fuel supplies. While India's energy system faces pressure, its efficient buying strategy and diversified sourcing have kept refineries running at strong levels.
India’s grid bottleneck forces ReNew Energy to waste solar power, threatening profits
India's power grid struggles to handle excess solar energy. ReNew Energy Global Plc faces power curtailment, affecting earnings. The company is investing in battery storage to balance supply and demand. Rising costs from global events add to challenges. Future projects will focus more on solar power.
India's cows offer biogas alternative to Mideast energy crunch
India faces cooking gas shortages due to global events. Villagers in Uttar Pradesh are turning to biogas, made from cow dung, as a reliable alternative. This homegrown fuel powers kitchens and provides valuable fertilizer. The government supports biogas production to meet carbon neutrality goals. This innovation offers a sustainable solution for rural energy needs.
Reliance Industries shares in focus as Mukesh Ambani eyes satellite foray to take on Starlink
Reliance Industries is evaluating a multi-billion-dollar entry into satellite communications, focusing on low Earth orbit networks under Jio Platforms. The initiative aims to strengthen India’s strategic capabilities amid rising global competition, with discussions underway on technology partnerships, orbital slots and potential acquisitions as the company explores long-term opportunities in future.
Reliance eyes billions in LEO satellites to build India's answer to Starlink
Reliance Industries is set to make a significant entry into satellite communications. The company plans a multi-billion dollar investment in the low earth orbit segment. This move positions Reliance against global players like Starlink and Amazon Leo. Six teams are working on various project aspects. The initiative aligns with India's goal for a domestic satcom presence.
India most resilient emerging mkt, better placed to manage shocks: Moody's
India has been the most resilient large emerging market economy since 2020, and its sizeable forex reserves have helped check currency volatility and reinforce confidence during global shocks, Moody's Ratings said on Tuesday. In a report on emerging market, Moody's said India is well placed to manage future shocks because monetary policy frameworks are clear and predictable, inflation expectations are well anchored, and exchange rates can adjust when needed. Stating that India is "better placed" among emerging market sovereigns to manage future global shock, Moody's said the country would also enter any future periods of stress with strong and accessible buffers. "India's reliance on domestic funding is balanced by deep local markets and sizeable reserves ... Nevertheless, India's relatively high debt burden and weak fiscal balance limit the amount of space available to respond to successive shocks," Moody's added. It said India had made key policy choices that support stability we
Oil jumps on supply fears, but rising output cools rally
Crude oil prices surged sharply, driven by escalating tensions in the Strait of Hormuz and tightening global inventories. Prices rose 4% overnight, gained 8% over the past week, and are up 85% so far in 2026. However, some cooling is now visible as markets factor in rising supplies from the US, Venezuela, and OPEC+ output hikes. Pipeline flows from Saudi Arabia and the UAE are also supporting supply, while demand concerns and lower energy intensity are capping further upside. Brent crude hovered near $114 per barrel after climbing nearly 6% on Monday.
Ather Energy jumps 5% to hit 52-week high; analysts see up to 14% upside
Ather Energy share: Sentiment was further buoyed by favourable brokerage commentary, with Nomura and Emkay Global retaining 'Buy' ratings on the stock
Aluminium up, cement down: geopolitics drives sector rotation
Energy costs and supply shocks drive a divergence between global metals and domestic plays, with analysts flagging a potential reversal if tensions ease.