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MTAR Tech rebounds 10% on Bloom Energy project clarity; Here's what the management said
MTAR Technologies Managing Director Srinivas Reddy told CNBC-TV18 that the company has not received any communication from Bloom Energy regarding a pause in the data centre project and that reports suggesting a delay remain speculative.
MTAR Tech, L&T And Walchandnagar Rally On Govt's Relief On Nuclear Imports
This rally comes on the back of aMinistry of Finance notification that directed nono customs duty shall be required to be paid on goods for nuclear energy generation imported between April 1, 2019 and January 31, 2026.
Japan stocks steady after volatile session amid Middle East concerns
Even with the rebound, tech shares stayed under pressure due to worries about stretched AI valuations, which continue to weigh on Japanese firms tied to the global AI boom. Domestically, investors are watching the Bank of Japan, which is expected to raise interest rates next week to tackle soaring energy costs linked to the Middle East conflict.
NLC India partners CSIR-CECRI to tap rare earths from mining waste
NLC India signs MoU with CSIR-CECRI to develop tech for extracting rare earths from mine waste, supporting India’s critical minerals self-reliance mission.
Reliance, Vedanta, Adani join India's drive to cut China rare earth dependence, sources say
Indian conglomerates Reliance, Vedanta, and Adani are among ten companies expressing interest in developing rare-earth processing facilities in Andhra Pradesh. This move aligns with New Delhi's strategy to reduce reliance on China for these critical minerals, essential for electric vehicle motors and other high-tech applications.
MTAR Tech share price falls 11% as US client faces project uncertainty
The sharp decline in MTAR Technologies shares today followed reports that Crusoe Energy Systems LLC has paused work on a project in Wyoming, for which Bloom Energy was contracted as fuel cell supplier
Stock Crash: MTAR Tech shares drop 11% as key customer faces setback in 1.8 GW data centre project
MTAR Technologies shares fell after Crusoe Energy paused a 1.8 GW data centre project that was expected to deploy 900 MW of Bloom Energy fuel cells. Bloom Energy accounts for an estimated 55%-65% of MTAR's revenue.
MTAR Tech shares crash 9% after 280% rally in a year. What’s spooking investors today?
MTAR Technologies shares fell sharply after its key client, Bloom Energy, saw its stock tumble in the US market following the suspension of a major data centre project. The facility was expected to be powered by 900 MW of Bloom Energy fuel cells alongside grid electricity. The selloff in MTAR comes despite the stock rallying more than 280% over the past year.
Battery tech startup Exponent Energy raises ₹200 cr in Series B extension
Exponent Energy has raised ₹200 crore in a Series B extension co-led by 360 ONE and TDK Ventures to expand its EV fast-charging network, retrofit business, and highway infrastructure for commercial vehicles.
NLC India shares in focus as government's Offer For Sale opens for non-retail investors
Among the public shareholders, mutual funds of India had a 9.49% stake in NLC India, led mainly by Nippon Life India AMC (5.65%) and Kotak Mahindra MF (2.6%). The stock is up over 30% so far in 2026.
Stocks in news: Bharti Airtel, Vodafone Idea, NLC India, Motilal Oswal, HCL Tech
Indian markets saw a sharp decline on Monday amid global worries and geopolitical tensions. Nifty moved closer to a key support level. Several companies were in focus. NLC India announced an Offer for Sale. Motilal Oswal saw promoter share sales. HCL Tech launched an AI zone with Google Cloud. IRCTC resumed cooking on trains. IGL has a new MD.
Ficci proposes 700MW PHWR tech transfer framework to boost nuclear energy investment
Indian industry is pushing for a clear framework to license and transfer technology for indigenous 700MW PHWR reactors to private players. This move aims to accelerate nuclear capacity expansion and attract vital investment. Ficci highlighted that structured technology transfer and licensing are crucial for faster project deployment and mobilising capital, ultimately strengthening India's nuclear power programme and project viability.