Market News
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Centre urges states to accelerate nuclear power plants and green energy storage
India is accelerating approvals for nuclear power plants and energy storage systems. This push is vital for the nation's growing data and AI centers. States are being urged to speed up clearances for proposed projects. The goal is to ensure a robust energy supply for future power needs. This initiative aims to enhance energy security across the country.
Humanoid robots and self-driving cars could unlock SpaceX's $28.5 trillion market opportunity: Gwynne Shotwell
SpaceX is betting that the rapid adoption of autonomous machines and AI-powered systems will drive unprecedented demand for computing power and global connectivity, positioning Starlink at the centre of a future AI ecosystem.
Elon Musk says Moon can power 1,000x more AI than Earth — Here's SpaceX boss' plan to railgun data centers into space
Elon Musk told JPMorgan investors that Earth can support just 1 terawatt of AI computing power, while the Moon could deliver 1,000 terawatts or more. Here's why Musk sees the Moon as the future of artificial intelligence infrastructure.
Charting 6G Road Map: Talks soon with focus on desi tech and patents
India is initiating plans for a 6G mobile communication transition. Discussions will focus on developing local technology and fostering research. The goal is to integrate AI and ensure universal coverage, including remote areas. India aims for a significant share of global 6G patents. Preparations are underway for a future rollout.
Tata Consumer sees margin boost, targets 20%+ EBITDA: Chairman Chandrasekaran
Tata Consumer Products aims for over 20% EBITDA margin in the long run. Newer businesses like Tata Sampann and acquired entities are key growth drivers. The company plans significant annual growth from acquisitions. Innovation and digital capabilities are also central to future expansion. Revenue and profit saw substantial increases in the last fiscal year.
Reliance, Meta announce Jamnagar data centre; CleanMax to supply over 900 MW renewable energy capacity
Meta Platforms is investing heavily in India's digital future. The company is partnering with Reliance Industries to build a new data center in Gujarat. This facility will support Meta's global AI needs. Additionally, Meta is expanding its renewable energy partnership with CleanMax. This collaboration will add over 900 MW of solar and wind power capacity.
HC quashes ₹23,600 cr retrospective spectrum dues on Airtel, Voda Idea
The Bombay High Court has cancelled spectrum charges of approximately 23,600 crore rupees for Bharti Airtel and Vodafone Idea. The court ruled the government could not retrospectively impose these charges for the period between 2008 and 2012. This decision removes significant financial uncertainty for the telecom sector. It creates a more supportive environment for future investments in India's telecommunications industry.
K Annamalai resigns from BJP
The development comes after days of speculation over Annamalai's future in the party. Earlier this week, he met senior BJP leaders, including Union Home Minister Amit Shah, BJP National President Nitin Nabin, and BJP national general secretary (organisation) B.L. Santhosh in New Delhi.
Bata India bets on improving inventory reduction through efficiency steps, omni-channel strategy
Bata India emphasizes inventory reduction through efficiency, with a 13% decrease in gross inventory in the latest quarter. The company's omni-channel strategy and product expansion plans signal future growth despite challenges.
Quadrant Future Tek standalone net profit declines 27.85% in the March 2026 quarter
Sales decline 3.27% to Rs 56.56 crore
Global power equations to shift further towards energy, critical minerals: Former Vedanta Group CEO
Global power is shifting towards energy security and resource control. Geopolitical tensions are reshaping industrial supply chains. Critical minerals are becoming as vital as oil was. Countries controlling these resources will gain leverage. India must accelerate domestic exploration and build processing ecosystems. Future economic strength depends on securing energy and critical minerals.
Supreme Court sets aside CCI’s ₹202 crore penalty on Amazon in Future Coupons case
The top court has ordered the refund of any amount deposited with interest, overturning the regulator’s action over Amazon’s 2019 Future Coupons investment and disclosure allegations.