Market News
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Adani Ports CEO Pranav Choudhary resigns; former IRS Officer Niraj Bansal to take charge
Adani Ports CEO Pranav Choudhary will step down on May 31, with former IRS officer and ex-JNPT chief Niraj Bansal taking over from June 1.
Alpha Corp to take over three stuck projects following Supreme Court approval
The Supreme Court has revived Alpha Corp's plan to complete three stalled projects of Earth Infrastructures. This decision offers hope to over 3,000 homebuyers. Alpha Corp will invest Rs 750 crore to finish the projects, with no extra cost to buyers.
Bombay HC restrains Godrej from handing over Chembur space to Titan in Decathlon lease row
Bombay High Court has temporarily halted Godrej Projects from handing over a Chembur commercial property to Titan Company. The court appointed a receiver to take possession, citing Godrej's unilateral repudiation of a lease agreement with Decathlon Sports India. Decathlon had planned a significant store in the area, impacting other outlets.
India weighs petitions on mandate for domestic solar cells
India's clean energy ministry is reviewing petitions from solar manufacturers and developers regarding a new mandate for domestically made solar cells. This rule, set to take effect in June, could lead to a significant shortage, increased prices, and project delays due to insufficient local production capacity.
Inflation, Deflation, and Energy Prices Take Toll on Markets - Investing.com India
Inflation, Deflation, and Energy Prices Take Toll on MarketsInvesting.com India
Iran, Israel War: The world is on its way to a 'doomsday' gas crisis scenario
Iran War LNG Plant Strikes: After Iranian strikes shut Qatar’s Ras Laffan LNG hub, about 17% of global supply is offline, triggering a deep energy shock. With repairs likely to take years, prices are surging and shortages spreading across Asia, raising risks of industrial slowdown, power crises and a prolonged global gas crunch.
Iran attack wipes out 17% of Qatar LNG capacity; ‘never in my wildest dreams,’ says QatarEnergy CEO
The recent escalation of hostilities has struck a devastating blow to Qatar's energy infrastructure, severely impacting crucial facilities that underpin a large portion of the country’s liquefied natural gas exports. Experts warn that recovery could take years, potentially shaking the foundations of global LNG supplies.
US-Iran war, gas crisis, puts the spotlight on renewable stocks like Waaree, ACME and others
On Wednesday, the Ministry of New and Renewable Energy has expanded the order on approved list of model manufacturers (ALMM) to introduce ALMM List-III for ingots and wafers, which will take effect from June 1, 2028.
Switching to electric power has saved Railways Rs 6,000 crore: Ashwini Vaishnaw in Lok Sabha
Indian Railways is making waves in the transportation sector, achieving Rs 6,000 crore in savings by embracing electric trains. This innovative shift has positioned them as the world’s second-largest freight mover, with 35,000 km of track and 27,000 km fully electrified. While staff wages take the lion’s share of expenditures, energy costs are a close second.
Who is David Zaslav? How much is he expected to take home from Warner Bros-Paramount deal?
A longtime media executive who frequently saw himself in the limelight while featuring in lists of the highest-paid executives in America, David Zaslav is the current CEO of Warner Bros Discovery.
Explained — Key factors behind the surge of up to 15% in power stocks led by NTPC Green Energy
Brokerage firm Morgan Stanley in a note wrote that thermal coal-based power generation could take incremental load due to the surge in power demand and that such a move would support a smoother ramp-up in thermal coal power.
Could the West Asia conflict drag Nifty 50 down to 22,000?
Whether the Nifty 50 recovers from here or drops further to 22,000 depends heavily on the duration of the current geopolitical crisis and the resulting oil shock. Let's take a closer look at landscape.