In a major push toward sustainable energy, Hindustan Petroleum Corporation Ltd (HPCL) has announced a ₹2,000 crore investment to establish 24 compressed biogas (CBG) plants across India over the next three years. The initiative, led by its subsidiary HPCL Renewable and Green Energy Ltd, aims to accelerate India’s transition to cleaner, domestically produced fuels and…
As India and the European Union accelerate negotiations on a comprehensive Free Trade Agreement (FTA), a key focus area has emerged: the export of green hydrogen and its derivatives through the strategic European ports of Rotterdam (Netherlands) and Antwerp (Belgium). This development aligns with both India’s National Green Hydrogen Mission and the EU’s Hydrogen Strategy,…
Shares of India Pesticides Ltd surged over 11% in Friday’s trading session after the Ministry of Finance imposed a five-year anti-dumping duty on Pretilachlor imports from China. The move aims to protect domestic agrochemical manufacturers from unfair pricing and boost indigenous production of this critical herbicide used in rice cultivation. 🌾 What Is Pretilachlor and…
Electronics and semiconductor solutions provider Kaynes Technology India Ltd. has launched a Qualified Institutional Placement (QIP) to raise up to ₹1,600 crore, setting the floor price at ₹5,625.75 per share, according to regulatory filings. The fundraising initiative, approved by the board and shareholders earlier this year, is aimed at accelerating overseas expansion, reducing debt, and…
The Reserve Bank of India (RBI) has released its final guidelines on project finance provisioning, significantly easing earlier proposals and offering relief to banks and NBFCs. Effective October 1, 2025, lenders must maintain a general provision of 1.25% for under-construction commercial real estate (CRE) projects and 1% for CRE-residential housing (CRE-RH) and other project loans…
In a significant boost to India’s engineering prowess, Tata Technologies has been selected as a strategic supplier by Volvo Cars to deliver advanced product and component engineering services. The collaboration marks a major expansion of their long-standing partnership and reinforces Tata Technologies’ role in shaping the future of software-defined and sustainable mobility. 🔧 Partnership Scope…
In a light-hearted twist that’s taken the fintech world by storm, Zerodha co-founder and billionaire Nithin Kamath revealed that his credit score of 747 falls just short of the 750-point threshold required to join CRED, the elite credit rewards platform founded by Kunal Shah. Kamath shared a screenshot of his score on X (formerly Twitter),…
In a major regulatory move, the Securities and Exchange Board of India (SEBI) has introduced a one-time settlement scheme for stockbrokers who traded on the now-defunct National Spot Exchange Ltd (NSEL) platform. The scheme aims to expedite the resolution of enforcement actions pending since the infamous ₹5,600 crore NSEL payment crisis of 2013. 🧾 Who…
In a landmark regulatory shift, the Securities and Exchange Board of India (SEBI) has approved relaxed delisting norms for select Public Sector Undertakings (PSUs) where the Government of India and/or other PSUs hold 90% or more equity. The move, finalized during SEBI’s 210th board meeting, aims to simplify the voluntary delisting process for legacy PSUs…
In a landmark move for India’s aerospace sector, Anil Ambani-led Reliance Infrastructure and French aviation giant Dassault Aviation have announced a strategic partnership to manufacture Falcon 2000 business jets in India, with the first delivery slated for 2028. The announcement was made at the Paris Air Show, marking the first time Dassault will assemble Falcon…
