Adani Power, Druk Green plan Rs 6K cr hydro project in Bhutan

Adani Power on Saturday said it has inked a pact with Bhutan’s state-owned utility Druk Green Power to set up a 570MW hydro project entailing investment of Rs 6,000 crore, in the Himalayan Kingdom. IMAGE: Adani Power and Bhutan’s state-owned

Reliance’s refining margins projected to stay strong compared to PSU peers

Reliance Industries’ refining earnings will remain steady, supported by its position as India’s largest importer of Russian crude and favourable global supplies, according to analysts at JM Financial and Goldman Sachs. Image used for representation purpose only. Photograph: Alexander Manzyuk/Reuters Reliance

Adani Power and Druk Green Power Corp sign agreement to develop 570 MW hydroelectric project in Bhutan

Adani Power announced that it has signed an agreement with the Bhutan government-owned Druk Green Power for developing a 570 MW hydroelectric project in Bhutan. In an exchange filing issued on September 6, the Adani Group subsidiary said Druk Green

Stocks to buy under ₹200: Mehul Kothari of Anand Rathi recommends three shares to buy or sell

Stocks to buy under ₹200: The Indian stock market ended flat on Friday, September 5, on profit booking as concerns over Trump tariffs and their economic fallout, as well as sustained foreign capital outflow, continued to weigh on market sentiment.

Akash Prakash: Why Are FPIs Selling?

You can’t be the second-most expensive market in the world and deliver just 10 per cent EPS growth, points out Akash Prakash. Illustration: Dominic Xavier/Rediff   India has now gone five years with zero net foreign inflows into the public

Reliance sanction compliant; Russian oil benefit capped at 2.1pc of EBITDA

Reliance Industries Ltd has consistently remained compliant with international sanctions and is expected to adhere to upcoming measures on Russian oil, analysts said, estimating that oil sourced from Russia contributes just 2.1 per cent to its consolidated EBITDA. Photograph: Dado

GST impact: Tata Motors to cut PV prices by up to Rs 1.45 lakh from Sep 22

Tata Motors on Friday said it will cut passenger vehicle prices ranging between Rs 65,000 and Rs 1.45 lakh effective September 22 to pass on the full benefit of GST reduction to customers. Photograph: Anushree Fadnavis/Reuters The Mumbai-based auto major

Sensex, Nifty close almost flat in volatile trade

Benchmark stock indices Sensex and Nifty closed unchanged after a volatile session on Friday as gains in oil & gas and auto shares were offset by losses in IT and FMCG shares. Photograph: Shailesh Andrade/Reuters After a volatile trade, the

SEBI ramps up Jane Street probe due to inadequate data, continued complaints, says report

India’s markets regulator launched a formal investigation into Jane Street’s trading practices even though its surveillance department had recommended otherwise, due to continued complaints from market participants, two sources with direct knowledge of the matter said. The Securities and Exchange

REITs, InvITs AUM crosses ₹9 lakh cr in 9yrs; may touch ₹25 lakh cr by 2030: Industry bodies

New Delhi, Sep 5 (PTI) Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) instruments are becoming popular in India as their combined assets under management have crossed ₹9 lakh crore in the last nine years, according to industry