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RPP Infra Projects reports standalone net loss of Rs 16.45 crore in the March 2026 quarter
Sales rise 28.80% to Rs 445.49 crore
RPP Infra Projects reports dismal Q4 performance
RPP Infra Projects reported a consolidated net loss of Rs 13.13 crore for the fourth quarter ended 31 March 2026, from a net profit of Rs 11.67 crore recorded in the corresponding quarter of the previous fiscal year.
CSR norm tweak to boost social stock exchanges
Companies can now allocate up to 10% of their annual CSR spending via zero coupon zero principal instruments from not-for-profit organizations listed on social stock exchanges. This move aims to boost social stock exchanges by attracting more investors and encouraging companies to engage in vetted, outcome-oriented social projects.
Power storage VGF of Rs 15,000 crore in works
India is planning a significant boost for energy storage. A new viability gap funding scheme is in the works for 112 gigawatt-hour projects. This initiative involves an outlay of around ₹15,000 crore. The plan includes battery storage, pumped storage, and new technology systems. This move aims to enhance energy security and grid stability across the nation.
Shraddha Prime Projects standalone net profit rises 245.89% in the March 2026 quarter
Sales rise 229.65% to Rs 105.29 crore
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.
Artemis Electricals & Projects consolidated net profit declines 20.52% in the March 2026 quarter
Sales rise 8.70% to Rs 40.75 crore
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.