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ENERGY STORAGE ACQUISITION
Adani said to weigh deal for €3 billion energy storage firm VTTIBillionaire Gautam Adani is reportedly exploring a potential acquisition of Dutch energy storage group VTTI. Supply disruptions have made V...
ET Business Growth Summit, Nagpur: Maharashtra minister Jaiswal calls for a rethink of industrial incentives to ease investor stressET Business Growth Summit in Nagpur highlighted land shortages, financing constraints, and rising energy costs as major challenges.
How Elon Musk’s $3.5 trillion Tesla–SpaceX merger could rewrite the rules of his business empire and shift who holds the powerIn an ambitious move, Elon Musk is contemplating merging Tesla with SpaceX, a deal poised at roughly $3.5 trillion. Public sentiment appear...
ETMarkets Smart Talk| India’s next wealth creators may be hidden in specialised manufacturing and energy infrastructure: Paresh BhagatParesh Bhagat, Chairman of Mangal Keshav Financial Services, discusses where India’s next wealth creators could emerge from, why several mi...
SpaceX, Tesla earnings to test Musk's AI spending ambitions as merger talk growsAs SpaceX and Tesla prepare to unveil their third-quarter results, investors are eagerly awaiting insights into revenue and earnings growth...
Musk’s SpaceX, Tesla results to test AI spending as merger speculation buildsSpaceX and Tesla are expected to report third-quarter results on consecutive days this week. This reporting will provide investors insight ...
Aegis Logistics to acquire 89.8% stake in Dubai-based Tristar Holdings for $809 millionAegis Logistics is set to acquire 89.8% stake in Tristar Holdings, based in Dubai, for $809 million. The deal seeks to strengthen Aegis's g...
Lord’s Mark Industries strengthens lightening & Energy portfolio with acquisition of Radio Electric Pvt. Ltd.To fortify its electrical manufacturing division, Lord's Mark Industries Limited has successfully acquired Radio Electric Private Limited. ...
Aegis Logistics shares rise 3% after firm acquires 90% stake worth $809 million in Tristar HoldingsAegis Logistics agreed to acquire an 89.9% stake in Tristar Holdings for $809 million, expanding its global energy logistics operations. Th...
Billionaire is building $500 billion modern Eden in American southwest: The city will have self-driving cars, flying vehicles, drought-resistant water systems and moreAn American billionaire entrepreneur is reportedly building a modern-day Eden in Southwest America. Named Telosa, the city has received $50...
New draft steel policy targets 604 million tonnes capacity by 2047India has unveiled a new draft national steel policy targeting 604 million tonnes capacity by 2047. The initiative also aims to increase ex...
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Adani Energy Solutions acquires Satara Power TransmissionPFC Consulting successfully transferred Satara Power Transmission to Adani Energy Solutions following a competitive bidding process. This p...
Developer Richard Rubin bought a long-shuttered Alabama Ramada Inn in 2021; after a sub-$5 million redevelopment, its 120 rooms were slated for workforce housingDeveloper Richard Rubin is transforming a long-shuttered Ramada Inn in Sheffield, Alabama, into workforce housing through his firm, rm Repv...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 20%In times like these, the market will have its green and red days. What matters, however, is not the colour of a single day, but the things ...
Actis launches fourth India renewable platform Leo Energies, targets 3 GW-plus portfolioActis has launched Leo Energies as its fourth renewable energy platform, targeting over 3 GW of capacity. The company plans to acquire abou...
Stocks in news: Tata Steel, KPI Green Energy, NLC India, Poonawalla Fincorp and Cummins IndiaIndian equity benchmarks faced a decline as both the Nifty 50 and BSE Sensex hit six-month lows. The Nifty 50 saw a drop of 64.05 points, o...
Oman plans to boost oil storage capacityOman is planning to double its oil storage capabilities at Duqm port. This initiative aims to attract energy producers looking for alternat...
KKR to acquire Cisternina Logistics, plans to build pan-India liquid storage and logistics platformKKR has announced a majority investment in Cisternina Logistics, which focuses on bulk liquid and gas storage. This investment will facilit...
How Gautam Adani turned Rs 1 lakh crore of stressed asset deals into a mega infrastructure betGautam Adani's ambitious acquisition strategy involves securing over 20 infrastructure deals valued at ₹1 lakh crore, encompassing diverse ...