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Nomura downgrades Cummins India shares to Neutral despite raising target price by 25%. Here’s whyNomura downgraded Cummins India to “Neutral” despite raising its target price by 25%, citing stretched valuations and near-term margin pres...- Kalpataru Projects International secures orders worth Rs 4,439 crore; transmission projects span Africa, India, SwedenKalpataru Projects International Ltd, KPIL, has announced new orders totaling approximately Rs 4,439 crore for its Transmission and Distrib...
- Transmission and powergen demand lift capital goods; Siemens Energy, KOEL in focusIndia's capital goods sector shows robust growth in 3Q FY26, driven by strong demand in energy, renewables, defense, and rail. Despite exec...
- Coal scam case: Ex-Coal Secretary HC Gupta, RKM Powergen and promoters discharged in Fatehpur East allocation caseA special court in New Delhi discharged RKM Powergen Pvt. Ltd, former Coal Secretary HC Gupta, and three others in the Fatehpur East coal b...
- CBI court discharges former coal secretary, 4 others in coal block allocation caseA Delhi court discharged former coal secretary HC Gupta and others in a coal block allocation case. The court found the allocation of the F...
- Plan afoot to put out approved list of cos & models for solar cells: Pralhad JoshiThe government is considering an approved list of models and manufacturers for solar cells, according to Renewable Energy Minister Pralhad ...
- Indian firms sign pacts at POWERGEN expo in USIndian companies are exploring business and collaboration opportunities in the power generation sector at the POWERGEN International Expo i...
- PFC NPAs to reduce with resolution of 4 stressed plants: CMDThe company’s gross NPAs has reduced from 9.39% to 9.05% after resolution of two stressed assets this year while the net NPAs reduced from ...
- Buy Cummins India; target Rs 983: SMC Global SecuritiesBuy Cummins India Ltd. at a price target of Rs 983.0 .
- Jaiprakash, RKM, 5 others bag 1,900MW power supply dealsPower Finance Corp Consulting Ltd, a wholly-owned subsidiary of state-owned Power Finance Corp, awarded the contracts on Friday.
- Relief for 2 power projects; Madras HC stays insolvency proceedingsSeveral other stressed power companies may now approach Supreme Court seeking more time to resolve bad loans.
- Madras HC gives relief to 2 private power companies; no action against their assets till hearingIn a separate case filed by RKM Powergen, the high court listed the matter for next Monday and directed no action till then .
- Reduce Cummins India Ltd., target Rs 690.0 : Nomura, IndiaExports falter on unsustainably high base from the previous year. The domestic sales growth remained stable at over 9 per cent YoY
- NTPC appoints Gurdeep Singh as Chairman and Managing DirectorGurdeep Singh, Managing Director of Gujarat State Electricity Corp, has been appointed as the Chairman and Managing Director of NTPC, India...
- Sterling Generators aims exports to grow at 40% in 2 yearsRising demand for diesel gensets in global markets, may help Sterling Generators to grow exports by 40% in the next 2 years.
- Adani Power, GMR Energy bid for all coal blocks reserved for power sectorIn all coal blocks reserved for power companies attracted 54 bids while those earmarked for steel and cement sectors received 124 bids.
- L&T bags Rs 581 cr contracts in coal handling, water bizEngineering and construction major Larsen and Toubro today said it has bagged orders worth Rs 581 crore from Powergen Infrastructure and Ba...
- Orange transfers multi-million dollar contract to ExlServiceUK-based telecom major Orange has moved its multi-million dollar contract with Gurgaon-based BPO firm Vertex to Nasdaq-listed ExlService Ho...
- US PE firms buy Vertex for $426 mA consortium of US-based private equity firms, led by Oak Hill Capital Partners, has acquired United Utilities’ business process outsourcin...
- AV Birla group on road to recastThe Aditya Birla group is on the restructuring road. The conglomerate, is one of India’s largest business houses, is taking steps to reduce...
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