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Sanmar Group picks majority stake in Hyderabad-based AltEons EnergyThe Sanmar Group has acquired a majority stake in AltEons Energy. This investment will help AltEons develop its initial 210 MW hybrid proje...
Lumino Industries IPO allotment likely today: GMP signals 59% premium; here’s how to check statusLumino Industries IPO allotment is expected to be finalised today, September 1, with the Rs 700-crore issue set to list on BSE and NSE on S...
Lumino Industries IPO Day 3: GMP jumps to 74%,subscription hits 118 timesLumino Industries IPO received strong investor participation on its final bidding day. The issue saw significant oversubscription across al...
Transformers and Rectifiers shares rally 8% after receiving order worth up to Rs 500 crore from MEILTransformers and Rectifiers shares rallied on Monday after the company secured a large order from MEIL for manufacturing transformers and r...
India mandates IST as common time reference; gives 180-day window for complianceNew rules mandate Indian Standard Time as the single national reference. These rules will come into force 180 days after their official gaz...
India weighing steps to help Nepal with more powerIndia is processing requests for increased power flow to Nepal. Nepal seeks advance import approvals effective September due to flood damag...
Pakistan in the dark again: 4,000 MW shortfall and fuel failures unleash crippling blackoutsPakistan’s electricity crisis has worsened as the nationwide power shortfall exceeds 4,000 MW, triggering longer outages across several reg...
Renewable energy projects can now store and sell curtailed power using co-located battery systemsThe renewable energy landscape is evolving as the power ministry allows the storage of curtailed electricity from renewable projects. This ...
Lumino Industries IPO Day 2: GMP signals 68% listing gains, issue booked nearly 5 times. Should you subscribe?Lumino Industries’ Rs 700 crore IPO is drawing strong investor interest, with the issue subscribed 4.87 times on Day 2 and the grey market ...
These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analystsEven if the ongoing conflict in the Gulf settles anytime soon (and we certainly hope it does), don’t be surprised if the Nifty and Sensex r...
ACME Solar raises Rs 1,571 cr project funding from IIFCLACME Solar has secured Rs 1,571 crore project funding from IIFCL for a Rajasthan solar project. This financing marks IIFCL's first sole gre...
Lumino Industries IPO opens with GMP signalling 61% listing gains. Should you bid?Of the total Rs 700 crore issue, Rs 500 crore will come through a fresh issue of 6.10 crore shares, while the remaining Rs 200 crore will b...
Can Lumino Industries IPO deliver long-term growth for high-risk investors?Lumino Industries plans a ₹700 crore initial public offering to reduce debt and boost manufacturing capacity. The company expects to benefi...
Adani Energy wins Rs 4,700 crore Maharashtra transmission project; shares riseAdani Energy Solutions secured a significant transmission project in Maharashtra. This project will cost approximately Rs 4,700 crore and i...
India’s data centre capacity hits new high as AI powers a 4x boomIndia leads Asia-Pacific data centre growth, with capacity quadrupling and substantial future projects underway. Significant investments fr...
L&T wins ultra-mega Middle East gas project worth over ₹15,000 croreLarsen & Toubro announced an ultra-mega contract exceeding fifteen thousand crore rupees. This significant project involves building gas co...
Power sector stocks: Rising demand, uneven risk; best owned as a basket. 10 power stocks with upside potential of up to 28%For years, owning power meant betting on a slow, steady rise in demand as the economy grew. That story has suddenly changed. The machines b...