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Ather board to consider fresh fundraise on June 12The fundraising could be undertaken through routes including a qualified institutional placement (QIP), a rights issue or other permissible...- Solar module cos flag cell shortage; makers say demand can be met this yearSolar module makers face challenges with local cell sourcing rules. They report a significant gap between module manufacturing capacity and...
- West Bengal's electronics factory push; Fed jitters hit TCSWest Bengal is exploring ways to expand electronics manufacturing under EMC 2.0. This and more in today's ETtech Top 5.
- Kiran Mazumdar-Shaw's Immuneel Therapeutics raises Rs 100 crore from Singularity AMC, Rainmatter, othersThe Bengaluru-based company makes CAR-T therapy, a form of cancer treatment where a patient’s own immune cells are taken out, trained in a ...
- Rajesh Exports likely to lose PLI beneficiary status, face MCA probeRajesh Exports faces potential removal from a government battery production incentive scheme. The corporate affairs ministry is considering...
- Inox Clean Energy buys Vena's India energy business for Rs 6,000 croreInox Clean Energy is acquiring Vena Energy India's 6 GW renewable energy portfolio. This deal significantly expands Inox Clean's operationa...
- Suzlon seeks to put the wind in all sails of its renewables shipSuzlon is set to significantly expand its renewable energy business. The company aims to quadruple annual sales to 10 GW and grow managed a...
- India renews 5-year levy on solar glass imports from Malaysia: GazetteIndia has extended import duties on Malaysian solar glass for five more years. This decision follows a government review finding that remov...
- Morgan Stanley sees Reliance Industries’ AI, new energy bets powering next growth chapters. Here’s whyMorgan Stanley believes Reliance Industries has entered its fifth monetisation cycle, with artificial intelligence infrastructure and new e...
- Electric two-wheeler sales cross 150,000 in May amid fuel price riseThe recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts,...
- Adani Group now focused on building assets at scale: Gautam AdaniAdani Group chairman Gautam Adani announced the company's focus has shifted from funding to project execution. Significant investments are ...
- Solar June Sunshine can be a reliefIn a bold move to elevate its energy self-sufficiency, India is ramping up efforts to develop its environmental capabilities. The ALMM sche...
- India eyes fiscal support for domestic EV battery supply chainIndia is planning new incentives to boost local production of battery components. This move aims to reduce import dependence for electric v...
- Global clean-energy manufacturing supply far exceeds demandGlobal clean-energy manufacturing capacity now exceeds demand. Asia, led by China, dominates production, pushing prices down. This oversupp...
- Tata-backed MedTherapy claims CAR-T breakthrough with one-day productionTata Sons-backed biotech startup MedTherapy said it has developed a next-generation CAR-T cell therapy manufacturing platform that can redu...
- Saatvik Green Energy bags Rs 171-cr solar modules supply orderSaatvik Green Energy has secured a significant order worth Rs 171.45 crore. The company will supply advanced solar modules for a major util...
- Nomura Asset, Capital Group, others buy 5.3% stake in Premier Energies for Rs 2,291 crGlobal financial institutions and Indian mutual funds have bought a 5.3 percent stake in Premier Energies. The deal involved promoters sell...
- Premier Energies shares gain 4% after Nomura, Quant, others purchase stake in Rs 2,289 crore bulk dealPremier Energies shares climbed 4% following a large bulk deal. The promoter family divested shares worth approximately Rs 2,289 crore. Sev...
- Premier Energies bulk deal: Promoters sell stake worth Rs 2,289 crore; Quant, Nomura among top buyersPremier Energies' promoters divested shares worth nearly Rs 2,289 crore to institutional investors, including Smallcap World Fund and Quant...
- Delayed solar projects may get limited relief ahead of June 1 sourcing deadlineThe government is currently considering measures to ease the burden on solar initiatives delayed by unforeseen circumstances. While a total...
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