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THERMAL EXPANSION
Vedanta demerger: Four spin-off companies list on exchanges on June 15Vedanta’s four demerged businesses will begin trading on June 15, completing a major corporate restructuring. The listings will enable mark...- Japan's Chubu Electric set to buy $150 million stake in Continuum GreenJapanese power giant Chubu Electric is set to invest around $150 million in Indian renewable energy firm Continuum Green Energy. This deal ...
- Inside Switzerland’s massive underground flow battery that could power 210,000 homes for a day without lithium-ion cellsSwitzerland is building a massive underground energy storage facility, set to be one of the world's largest, by 2029. Utilizing advanced va...
- Adani Power shares gain 3%, snap two-day losing streak. Why are Jefferies, Bernstein bullish on the stock?Adani Power shares are climbing on strong prospects for India's power demand and the booming data centre sector. Analysts see the Adani Gro...
- Adani Ports shares snap 2-day fall, rise over 1% after Goldman Sachs raises target priceShares of Adani Ports saw an uptick on Friday after Goldman Sachs reaffirmed its ‘Buy’ rating and raised the target price to Rs 1,870. Stro...
- UBS downgrades BHEL shares to Neutral from Buy. Check target, key reasonsUBS has downgraded BHEL to "Neutral" from "Buy", citing a more balanced risk-reward outlook after the stock's strong run, though it raised ...
- Asia's industrial supercycle is outpacing the West Asia oil shock: Chetan Ahya, Morgan StanleyA China-driven supply realignment, cutting gas imports by 45% and oil by 30%, has effectively added 7.5 million barrels daily to global mar...
- Indian Railways achieves 145 million tonnes freight loading in May despite global headwindsThe increase in loading has been achieved despite challenges arising from the ongoing geopolitical situation in West Asia and its indirect ...
- An LNG glut is on its wayThe closure of the Strait of Hormuz and the shutdown of Qatar’s LNG exports have pushed gas prices higher, but the disruption could ultimat...
- Centre targets nearly 300 GW power generation capacity by next year: Manohar Lal KhattarIndia is boosting its power generation capacity, focusing on nuclear energy. The nation aims to reach nearly 300 GW next year. Nuclear powe...
- 20 months of bearish markets: One additional letter that tells you which 'cheap' stocks are actually cheapMost investors live by one ratio. That ratio that tells them all they want to know – or should one say all they want to hear? They open a s...
- India’s solar crisis has been failure of planning, coordination and infrastructure: Swaminathan AiyarIndia’s rapid solar expansion is creating an unusual crisis where electricity prices on the Indian Energy Exchange briefly fell to zero in ...
- ONGC bets on gas-led growth as premium pricing boosts profitabilityONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantl...
- Love hills to escape pollution? Study finds smoke from plains is now reaching the HimalayasAir pollution across eastern India and the Indo-Gangetic Plain has worsened sharply over two decades. Bihar and West Bengal are now highly ...
- Dalmia Bharat buys Jaiprakash cement assets from Adani for Rs 2,850 croreDalmia Bharat is acquiring Jaiprakash Associates' cement business from Adani Group for ₹2,850 crore. This deal adds 5.2 million tonnes of c...
- Beating the Heat: India’s data centre dream and the 50°C reality in its pathIndia's digital economy is expanding rapidly. However, extreme heat is straining its data centers. Rising temperatures increase cooling nee...
- Dalmia Bharat seals Rs 2,850 crore deal for JAL cement assets after Adani insolvency takeoverDalmia Cement has acquired key cement assets from Jaiprakash Associates for ₹2,850 crore. This deal, facilitated by the Adani Group's insol...
- Elevator component maker, Sharp Engineers, secures CSA Certification to help expand in North AmericaSharp Engineers, an Indian elevator component maker, achieved a significant milestone with CSA certification for its SEG-X7 gearless tracti...
- NTPC Nabinagar plant's capacity to rise to 4,360 MW on completion of stage II expansion: OfficialNTPC's Nabinagar plant in Aurangabad, Bihar, is undergoing a major expansion. Stage II will add three 800 MW units, increasing total instal...
- Block deal: JSW Energy sells Rs 3,150 crore JSW Steel stake to GQG, SBI Mutual FundJSW Energy has divested a portion of its JSW Steel stake for Rs 3,150 crore to fund its aggressive power generation expansion. The company ...
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