Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Stock in focus after securing ₹710 Cr battery energy storage project from NLC India By Trade Brains - Investing.com India
Stock in focus after securing ₹710 Cr battery energy storage project from NLC India By Trade BrainsInvesting.com India
IEA chief warns commercial oil inventories are depleting rapidly, only weeks left
International Energy Agency head Fatih Birol warned that commercial oil inventories are rapidly depleting, with only a few weeks of supply remaining due to the Iran war and Strait of Hormuz closure. Strategic reserve releases have provided temporary relief, but demand is increasing with seasonal shifts. The agency previously forecast a surplus but now anticipates a significant shortfall this year.
NTPC Group's installed electricity generation capacity crosses 90GW mark
State-owned NTPC has crossed a significant milestone, achieving over 90 GW of installed electricity generation capacity. This expansion was driven by the successful trial operation of Unit 2 at its Patratu Vidyut Utpadan Nigam arm. The company is actively pursuing renewable energy targets and diversifying its energy portfolio.
JSW Energy sells 2.5 crore JSW Steel shares for Rs 3,150 cr via bulk deal
JSW Energy on Monday said it sold 2.5 crore equity shares in JSW Steel through a bulk deal on the NSE, raising Rs 3,150 crore. Following the transaction, JSW Energy’s remaining holding in JSW Steel stands at 4.5 crore equity shares, according to a regulatory filing.
US-Iran war: Why PM Modi visited UAE amid Middle East conflict and Strait of Hormuz crisis
Amid escalating tensions from the US-Iran war and soaring oil prices, India's Prime Minister Modi's recent visit to the UAE aims to secure energy supplies and foster deeper economic ties. With the UAE's strategic shift in oil policy, India seeks to diversify imports and enhance energy security.
JSW Energy sells shares worth ₹3,150 crore in JSW Steel as part of monetisation strategy
Brokerage firm Jefferies maintained its "buy" rating on JSW Steel and raised its price target to ₹1,650 from ₹1,400 earlier. This is the highest price target on the street for JSW Steel.
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.
India’s Rs 37,500 crore coal gasification bet: 3 PSU stocks at the centre of the energy shift - financialexpress.com
India’s Rs 37,500 crore coal gasification bet: 3 PSU stocks at the centre of the energy shiftfinancialexpress.com
NextEra discusses offering $76/share for Dominion Energy- Bloomberg - Investing.com India
NextEra discusses offering $76/share for Dominion Energy- BloombergInvesting.com India
Diageo India bets big on premium demand
Demand for premium alcohol in India remains robust despite global challenges, says Diageo India's managing director Praveen Someshwar. However, increasing costs for packaging and energy are impacting profit margins, he adds.
MSME auto suppliers seek relief from carmakers as rising labour and input costs hurt
Small auto component suppliers are facing severe financial strain. They are urging major car makers to help manage rising wages, energy, and raw material costs. Suppliers also seek long-term partnerships over transactional deals. Industry bodies are pushing for faster price revisions and payments. This situation threatens the survival of many small businesses vital to India's auto sector.
US Nuclear Industry Delegation In India To Explore Opportunities
The team will meet Maharashtra Chief Minister Devendra Fadnavis, officials from the Department of Nuclear Energy and Nuclear Power Corporation of India apart from the leaders from several private sector companies interested in India's civil nuclear sector.