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India working on Rs 40,000 crore subsea gas pipeline project to help mitigate risks brought to fore by Hormuz blockadeIndia subsea gas pipeline project: India is accelerating plans for a direct deep-sea gas pipeline from Oman, estimated at ₹40,000 crore, to...- A username could one day suffice as your addressIndia is creating a unique username-based digital addressing system. This initiative, led by India Post, aims to simplify sending and recei...
- Aditya Birla group, KKR left in race for Sprng EnergyAditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negot...
- Siemens eyes exit from cancer care chain American Oncology InstituteSiemens Healthineers is exiting its Indian cancer care chain, American Oncology Institute. The deal is valued between ₹1,500-2,000 crore. P...
- Actis picks Standard Chartered to kick off $2 billion sale of BluPineActis is selling its Indian renewable energy firm BluPine Energy. The company has a capacity of 4 gigawatts. Standard Chartered Bank is adv...
- Jio Financial Services, Allianz Group ink 50:50 general, health insurance JVJio Financial Services and Allianz Group from Germany are joining forces in an exciting new insurance initiative. This equal partnership wi...
- PNB Housing Finance targets 18–20% loan growth, bets on affordable segmentPNB Housing Finance anticipates strong loan portfolio expansion of 18-20 percent this fiscal year. The company aims to reach a significant ...
- AI to reshape financial market infrastructure, says State Bank of India chairman CS SettyState Bank of India chairman CS Setty foresees artificial intelligence revolutionizing financial markets. AI will enhance risk management a...
- NIIF in talks with Temasek, leads race for $1.7 bn Sprng Energy buyActis, AV Birla Group & KKR are other contenders in fray, binding bids in coming days.
- Aditya Birla Group among top 4 in Sprng Energy raceAditya Birla Group has entered the race to acquire Shell's renewable energy platform, Sprng Energy, joining NIIF, KKR, and Sembcorp. The co...
- NIIF, KKR, Sembcorp vie to acquire Shell's Sprng Energy in one of India's biggest renewable M&A dealsAs the renewable energy market heats up, Shell is placing Sprng Energy on the auction block, inviting competition from notable investors in...
- Shell to restart Sprng Energy sale process, ropes in BarclaysShell PLC is reportedly reviving the sale of its Indian renewable power producer, Sprng Energy, appointing Barclays to manage the process. ...
- Shell’s plan to sell Sprng Energy stalls amid lukewarm investor interestShell's attempt to sell Sprng Energy faces challenges due to valuation disagreements. Discussions with Sekura Energy and ONGC stalled. Inve...
- Shell in talks with Sekura to sell 300 MW of Sprng EnergyShell Plc is in talks with Sekura Energy, Edelweiss Alternatives' energy platform, to sell a 300-MW portfolio from its India-based renewabl...
- ONGC in talks to buy Sprng Energy's 125MW operating solar assetShell acquired renewable energy platform Sprng Energy from private equity investor Actis in August 2022 for an enterprise value of $1.55 bi...
- Waaree Energies secures 220 MW solar module supply order from Sprng EnergyWaaree Energies is among India's largest manufacturers of solar PV modules with an aggregate installed capacity of 12 GW, as of June 30, 20...
- Hartek bags 400 KV Substation order for SPRNG Energy’s 300 MW solar plantThe contract with an order value of approximately 320 Million INR underscores Hartek groups prowess in providing innovative and sustainable...
- Shell to acquire Sprng Energy for $1.5 billionAn important part of this strategy is to develop a best-in-class integrated power business, which will help Shell to reach its target of be...
- Azure Power, 3 others looking to bid for Actis-owned Sprng EnergyThe company has plans to develop a portfolio of 9 GW of renewable energy, which predominantly comprises solar power generation, according t...
- Actis plans to sell green energy platform Sprng in 2022; to invest $1 billion in India by FY26“Actis will look to sell the Sprng business in 2022. By then, we should have 2,000-2,400 mw of operating capacity. I can’t talk about the v...
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