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HEC Infra Projects standalone net profit rises 7.58% in the March 2026 quarter
Sales rise 9.10% to Rs 50.73 crore
India insurers seek doubling of tax-free limit for some products to boost inflows, sources say
Indian life insurers are asking the government to double the tax-free limit for insurance policies. This move aims to increase money flowing into these funds. Inflows have slowed down since new tax limits were introduced in February 2023. Higher inflows would support government borrowing needs for long-term projects. The Life Insurance Council has formally requested this change.
Supreme Court seeks govt, RBI response to plea for audit of banks' realty exposure
The Supreme Court has asked the government and the Reserve Bank of India for their response to a petition that wants banks' dealings with real estate projects to be reviewed. The court also wants an investigation into developers accused of misusing homebuyers' money. Several authorities and builders have been issued notices.
Supreme Court seeks govt, RBI response to plea for audit of banks' realty exposure
The Supreme Court has asked the government and the Reserve Bank of India for their response to a petition that wants banks' dealings with real estate projects to be reviewed. The court also wants an investigation into developers accused of misusing homebuyers' money. Several authorities and builders have been issued notices.
Coal gasification can help cut dependence on imports: G Kishan Reddy
India aims to cut reliance on imported chemicals through coal gasification. The government is offering significant financial support and incentives for new projects. Companies have been urged to invest in coal gasification plants. A draft proposal is expected soon, with the scheme likely to launch by early July.
Coal gasification scheme open to private sector, govt to provide 30-year coal linkage: MoS Dubey
The Indian government is fully opening its coal gasification scheme to private sector players. Investors are assured of 30-year coal linkage support to encourage large-scale investments. The scheme welcomes independent participation or joint ventures. The government will support cost-effective technologies for Indian coal. Projects near coal production sites will reduce costs and pollution.
OIL Green Energy signs JV agreement with Hindustan Waste Treatment
To collaborate on integrated bioenergy and sustainable waste management projects in India
ONGC bets on gas-led growth as premium pricing boosts profitability
ONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantly, meeting rising domestic demand. Projects like Daman and KG-98/2 are expected to boost gas output. ONGC is also expanding its renewable energy portfolio and seeking cost savings. The company is strategically shifting towards gas.
Oil India arm, Hindustan Waste Treatment sign JV pact for bioenergy, waste-to-energy projects
Shares of Oil India Ltd ended at ₹487.25, down by ₹4.90, or 1.00%, on the BSE.
Shah Metacorp signs pact with Strike Eco for Rs 25 crore funding
Ahmedabad-based Shah Metacorp Ltd has entered into a strategic agreement with Strike Eco Grid, committing up to Rs 25 crore in funding for renewable energy projects. The company has also acquired a 26% stake in Strike Eco Grid, with plans to potentially increase it to 75% based on performance.
Hitachi Energy India shares, after surging 93% so far in 2026, get their highest price target
Jefferies said the industry demand trends remain robust and high voltage direct current (HVDC) projects should be margin accretive and contribute to the Hitachi Energy India's growth going ahead.
CleanMax raises nearly $575 million to expand solar and wind energy projects in India
The funding will help CleanMax build around 1 GW of renewable energy projects across Rajasthan and Karnataka to supply power to large companies.