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Block deal: JSW Energy sells Rs 3,150 crore JSW Steel stake to GQG, SBI Mutual Fund
JSW Energy has divested a portion of its JSW Steel stake for Rs 3,150 crore to fund its aggressive power generation expansion. The company aims to reach 30 GW capacity by 2030, bolstered by both renewable and thermal power projects. This strategic move enhances capital allocation and supports long-term growth initiatives.
Gautam Adani is overhauling his conglomerate, from Apple-style vendors to less hierarchy and more talent grooming
The ports-to-renewable energy conglomerate is aggressively developing a third-party vendor ecosystem to take over manufacturing, logistics, engineering and other functions.
JSW Energy commissions 250 MW renewable energy capacity
JSW Energy has successfully commissioned ~250 MW of renewable energy capacity (130 MW of Wind, 69.4 MW of Solar and 50 MW of Tidong Hydro Plant) since April'26. With this, the total installed capacity stands at 13.7 GW.
These three EV stocks with high returns on capital are worth watching
Over the next decade, India could see a rapid electrification of public transport, logistics, and affordable mobility. Rising renewable-energy capacity also improves the long-term economics of EV charging.
JSW Energy shares in focus Q4 net profit rises 38% to Rs 574 crore, revenue up 41%
JSW Energy shares are in focus after a strong March quarter. The company reported a 38% profit jump and 41% revenue growth year-on-year. Power sales volume climbed significantly. Renewable and thermal generation saw substantial increases. The company also recommended a dividend payout. This performance boosts investor interest.
IEX records 16.6% YoY growth in traded electricity volumes in April
Indian Energy Exchange(IEX) recorded a monthly electricity traded volume of 12,341 MUs in April 2026, a robust 16.6% increase year-on-year. A total of 1.18 lakh Renewable Energy Certificates were traded during the month, though REC volumes declined 59.4% year-on-year.
NTPC commissions 100 MW at Ramagundam solar project; total installed capacity nears 90 GW
NTPC Limited starts commercial operation of 100 MW solar PV at Ramagundam in Telangana, boosting NTPC Groups installed capacity and renewable energy portfolio.
Q4 Results LIVE Updates: UTI AMC profit drops 73%; IEX operating profit up 23%
Q4 Results LIVE Updates: Infosys, LTIMindtree, IEX, Union Bank of India, Aditya Birla Sun Life AMC, Adani Energy Solutions, CIE India, Bluestone Jewellery, Mahindra Logistics, Tata Capital, Sterling & Wilson Renewables, Tata Teleservices (Maharashtra), and UTI AMC are among the important earnings to track today. The street will react to results reported by Trent, BCCL, and other companies as well. Watch this space for all the LIVE updates.
ReNew commissions 2.4 GW, marks record renewable capacity addition
ReNew Energy Global Plc achieved a record 2.4 GW of new renewable energy capacity in FY2026. This brings their total operating capacity to 12.6 GW, making them the second largest in India. The company also has significant solar manufacturing capabilities. This marks a significant milestone for ReNew's growth in the renewable energy sector.
India achieves highest-ever annual wind energy capacity addition of 6.05 GW in 2025-26
India has set a new record for wind energy capacity addition. In 2025-26, the nation added 6.05 GW of wind power. This brings the total installed wind capacity to over 56 GW. This achievement is driven by strong policies and project execution. States like Gujarat, Karnataka, and Maharashtra led the additions. This boosts India's renewable energy goals.
Stocks in news: Tata Steel, Kaynes Tech, GAIL, Somany Ceramics, TVS Motor
Indian markets continued their downward trend on Thursday. Several companies saw significant news. BofA Securities invested in Kaynes Technologies. GAIL assured uninterrupted gas supply to Bengaluru. South Indian Bank launched EPF payment services. DCM Shriram approved renewable energy investment. TVS Motor launched a new electric scooter. Tata Steel moved court over a GST demand.
Avoid OMCs; prefer defence and summer plays: Chola Securities
Dharmesh Kant, Head of Research at Chola Securities, says oil marketing companies remain largely avoidable as they are cyclical, commodity-linked businesses with limited long-term wealth creation potential, especially as renewable energy gains share. He advises selective buying in market declines, favouring defence stocks like BEL and HAL and summer-linked plays such as LG Electronics and Blue Star. Kant also sees corrections in InterGlobe Aviation as a potential long-term buying opportunity despite near-term volatility.