Reliance New Energy acquires additional stake in sodium-ion battery major FaradionReliance New Energy has completed the acquisition of the remaining stake in Faradion, a UK-based sodium-ion battery technology company. Thi...
Bharti's BT Group deal could open doors for the 'real East India Company' to flourishBharti Enterprises is set to acquire a 24.51% stake in British Telecom for $4 billion, marking a significant outbound deal for an Indian fi...
Reliance to roll out swappable batteries for electric vehiclesThe company is demonstrating the integrated energy ecosystem --- the battery technology in an electric two-wheeler, swappable battery and c...
Reliance unveils swappable, multipurpose batteries for EVsReliance Industries, the Indian oil refining company, unveiled its swappable and multipurpose battery storage technology for electric vehic...
Niti Aayog working on road map to push alternative tech for fuel cellsThe Aayog has begun deliberations on sodium ion batteries, aluminium air batteries and zinc air batteries, a senior government official tol...
EV battery makers race to develop cheaper cell materials, skirting ChinaThe EVs of the future — those arriving after 2025 — could shift to sodium ion or lithium sulfur battery cells that could be up to two-third...
India-UK bilateral trade to double by 2030: Grant Thornton Bharat, CIIIndia’s trade in goods and services with the UK increased to $31.34 billion in 2022 from $19.51 billion in 2015. In January, India and the ...
Green energy business to outshine existing ones in 5-7 years: Mukesh Ambani"Over the next 12 months our investments across the Green Energy value chain will gradually start going live, scaling up over the next coup...
Hydrogen to be 10% of RIL's earnings by 2030, $10 billion in value: Morgan StanleyThe brokerage firm has upgraded RIL's target price by 20% to Rs 3,253 a share, reiterating its overweight rating on the stock. RIL's shares...
RIL arm to buy battery company Lithium Werks for Rs 468.2 croreLithium Werks is a leading provider of cobalt free and high-performance lithium iron phosphate (LFP) batteries. LIP batteries, in addition ...
Will EV story be as electrifying as the market makes out to be?Irrespective of how the EV players will handle this difficult situation, one thing is fairly clear. With the change in cost dynamics now, t...
Why sodium is Mukesh Ambani’s big battery bet in EV raceAmbani’s flagship Reliance Industries Ltd. is in the middle of an ambitious $76 billion clean-energy push. So, it makes sense for him to ba...
India set for an ANIL, AMBANI revolutionBillionaire Mukesh Ambani's Reliance Industries Ltd has floated Reliance New Energy Solar Ltd (RNESL) to operate its new energy business. A...
Reliance to buy battery tech company Faradion for £100 millionReliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of RIL, will acquire all of Faradion and will invest a further £25 million...
RIL plans to raise up to $3 billion via overseas bondsThe proceeds would be used to refinance existing loans and bonds raised from international investors earlier. While international bonds iss...
Reliance New Energy acquires 100% stake in sodium-ion battery firm FaradionFaradion, which is based in the UK, is one of world's leading battery technology companies.
Sodium-ion battery maker Faradion mulling over manufacturing in IndiaThe company, which had won its first order from ICM Australia, is seeking to push its Sodium-ion batteries over Lithium-ion batteries citin...