Industrialist Gautam Adani-led Adani Group is looking to invest around $60 billion up to FY32 in power sector, especially in renewables, generation and transmission/distribution. Photograph: Amir Cohen/Reuters In an investor presentation, Adani Power said the group plans $21 billion investment
Renault India on Saturday said it will reduce prices of its vehicles by up to Rs 96,395 to pass on full benefit of the recent GST rate cut to buyers. Photograph: Courtesy, Renault The GST Council, earlier this week, approved
Mahindra & Mahindra on Saturday said it has reduced prices of its passenger vehicle range by up to Rs 1.56 lakh with immediate effect in order to pass on GST rate cut benefit to customers. Photograph: Courtesy, Mahindra & Mahindra
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 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
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 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
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
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
Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief. Illustration: Dominic Xavier/Rediff The 50 per cent tariff on Indian exports to the US has exporters on edge. From scaling back production to fears of
