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Rites secures $35.8 mln overseas locomotive contract
Rites announced that it has received an order from Volantis Asset Finance (Pty), South Africa, for the supply of Cape Gauge diesel-electric locomotives.
Stocks to buy: Siemens Energy, Chola Fin, EID Parry; recommends Geojit
Technical stock picks: Anand James, Chief Market Strategist at Geojit Investments recommends 'Buy' on Siemens Energy India, EID Parry and Cholamandalam Investment on Tuesday.
NBCC Wins Three Government PMC Contracts | Senco Gold Reports Strong Quarterly Performance | Top Buzzing Stocks Today - Equitymaster
NBCC Wins Three Government PMC Contracts | Senco Gold Reports Strong Quarterly Performance | Top Buzzing Stocks TodayEquitymaster
NBCC Wins Three Government PMC Contracts | Senco Gold Reports Strong Quarterly Performance | Top Buzzing Stocks Today - Equitymaster
NBCC Wins Three Government PMC Contracts | Senco Gold Reports Strong Quarterly Performance | Top Buzzing Stocks TodayEquitymaster
China Resources New Energy Holdings Share Price Today | SZ: 001248 - Investing.com India
China Resources New Energy Holdings Share Price Today | SZ: 001248Investing.com India
ET Graphics: Crude oil retreats, but India's fuel bills stay up
China has reduced fuel prices, mirroring pre-war levels as crude oil costs decline. Indian private retailer Nayara Energy also cut its fuel rates recently. State-run firms have not yet followed suit after substantial first-quarter losses. These companies incurred nearly seventy-five thousand crore rupees in losses. This situation arose due to delayed fuel price adjustments by the government.
CCI moves SC against NCLAT order quashing penalty on Grasim
India's competition regulator is taking a stand by appealing to the Supreme Court over a tribunal’s recent decision that invalidated a ₹300-crore penalty against Grasim Industries. This penalty related to accusations of monopolistic behavior in the viscose staple fibre market. The tribunal mandated that Grasim be given an opportunity for defense, prompting the regulator to aim for the restoration of its previous decision against the company.
Auto companies may soon get to trade BEE credits for easier fuel-efficiency compliance
The power ministry has introduced a new credit trading system aimed at Corporate Average Fuel Efficiency standards. Under this initiative, manufacturers can trade excess compliance credits and purchase them from the Bureau of Energy Efficiency. The framework includes credit and debit accounting, allowing manufacturers who surpass targets to earn credits, while those who don't accumulate debits.
NTPC gets into action to develop mega PWR-based nuclear projects
NTPC plans to develop nuclear power capacity using pressurised water reactor technology. Global consultants are invited to prepare tender documents and evaluate bids. This initiative follows the promulgation of the SHANTI Act, allowing private sector participation. NTPC aims to build thirty gigawatts of nuclear capacity on its own. The company is also exploring tie-ups with Rosatom and EDF for PWR projects.
Bharat Petroleum to expand retail offerings, EV charging network
Bharat Petroleum Corporation Ltd is investing significantly to expand its retail offerings. The company aims to increase its market share by 2030. BPCL is expanding its electric vehicle charging network across major highways. It is also scaling up its Drive Fresh and Be Cafe initiatives. This strategy seeks to make travel more convenient for customers.
Education Ministry in discussions to ease 1-km norm for EWS admissions
The education ministry is urging states to update Right to Education Act rules. This action follows Supreme Court orders for better implementation of the EWS quota. High-level discussions are also underway for neighborhood school criteria flexibility. States are being asked to frame RTE rules as per the Supreme Court's directives.
South-based developers step up Mumbai play amid strong housing demand
Several large South Indian real estate developers are now entering Mumbai's property market. They are strategically focusing on redevelopment projects and joint development agreements. This approach offers a capital-efficient entry into India's most expensive housing market. Mumbai's sustained housing demand and redevelopment opportunities attract these new entrants. The trend is intensifying competition in the city's premium and mid-income housing segments.