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Business
Indian power distribution firms may cut operational losses by a third in FY26
29 Sept 2025 2:58 PM IST
New Delhi, Sep 29: State power distribution companies (discoms) will see their operating losses reduce by a third to nearly Rs 8,000-10,000 crore this fiscal (FY26) from an estimated Rs 12,000-15,000 crore last fiscal, a report said on Monday.Improving operational efficiency, approved tariff...
Business
Andhra Pradesh electricity consumers to receive Rs 895 crore refund benefit
29 Sept 2025 12:37 PM IST
Amaravati, Sep 29: The Andhra Pradesh Electricity Regulatory Commission (APERC) has ordered a refund of Rs 895 crore to electricity consumers in the state.Power distribution companies will credit a refund of approximately 13 paise per unit to consumers in equal monthly instalments. It will be...
Business
97,500 BSNL towers with swadeshi 4G stack to boost digital access: Scindia
27 Sept 2025 12:11 PM IST
New Delhi, Sep 27: Union Communications Minister Jyotiraditya Scindia on Saturday said that Prime Minister Narendra Modi is set to inaugurate India’s fully indigenous 4G stack and more than 97,500 Swadeshi BSNL towers to bolster digital connectivity across the country.This rollout will ensure...
Business
Raymond offices across India surveyed by Income Tax authorities
26 Sept 2025 4:24 PM IST
New Delhi, Sep 26: Certain officials of the Income Tax Department on Friday conducted a survey at offices and manufacturing units of Indian textile major Raymond.Raymond stated that the survey was carried out under Section 133A of the Income Tax Act, 1961.“We hereby inform that yesterday...
Business
Copper seen climbing to $11,700/tonne with supply concerns mounting
26 Sept 2025 3:52 PM IST
New Delhi, Sep 26: The price of copper metal is expected to soar to $11,700 per metric tonne as structural demand growth of the metal meets a constrained supply, according to a report on Friday.Copper prices dipped 0.32 per cent after a surge of over 5 per cent following a mudflow at...
Business
BSNL’s ‘Swadeshi’ 4G services to be unveiled by PM Modi on Sept 27
26 Sept 2025 3:48 PM IST
New Delhi, Sep 26: Prime Minister Narendra Modi will inaugurate the state-run telecom company BSNL’s fully indigenous 4G network on September 27, Union Telecom Minister Jyotiraditya Scindia said on Friday.With this milestone, India will join the league of select nations capable of building and...
Business
India’s Russian oil purchases keeping Brent crude prices steady, says report
26 Sept 2025 12:39 PM IST
Mumbai, Sep 26: Brent crude prices have remained steady, trading between $67-$69 per barrel, with no fresh global triggers driving volatility, and India’s Russian oil buying has kept the prices in check, a report showed on Friday.India, among the biggest importers of crude oil, has reiterated...
Business
India emerges as world’s 3rd largest tech startup hub with $7.7 bn funding in...
25 Sept 2025 4:48 PM IST
New Delhi, Sep 25: India climbed to third position globally in terms of funding for tech startups, trailing only the United States and the United Kingdom but ahead of Germany and France, a report said on Thursday.Funding for Indian technology startups declined 23 per cent year-on-year to $7.7...
Business
India boosts green push with 27 GW renewable energy added in Apr–Aug
25 Sept 2025 3:06 PM IST
New Delhi, Sep 25: Renewable energy (RE) capacity commissioning momentum in India remains strong with a robust 27 GW of gross capacity added during the first five months (April-August) of the current financial year, according to a report released on Thursday.Within this, 20GW of renewable...
Business
Piyush Goyal: ‘Make in India’ turning nation into global manufacturing hub
25 Sept 2025 12:05 PM IST
New Delhi, Sep 25: The ‘Make in India’ initiative, which completed 11 years, has transformed the country into a global manufacturing powerhouse under the vision of Prime Minister Narendra Modi, Union Commerce Minister Piyush Goyal said on Thursday.Eleven years ago, PM Modi launched 'Make In...
Business
Adani Energy Solutions earns ‘Zero-Waste to Landfill’ certification
24 Sept 2025 5:05 PM IST
Ahmedabad, Sep 24: Adani Energy Solutions Ltd (AESL) on Wednesday said that all its operational sites and corporate headquarter have been certified ‘Zero-Waste-to-Landfill’ (ZWL) by Intertek, a leading global total quality assurance provider.The company achieved 100 per cent diversion rate and...
Business
Adani Portfolio clocks 57% EBITDA growth, hits ₹89,806 cr in two fiscal years
24 Sept 2025 3:08 PM IST
Ahmedabad, Sep 24: The Adani Group Portfolio’s EBITDA rose from Rs 57,205 crore in FY23 to Rs 89,806 crore in FY25 -- an increase of Rs 32,601 crore, representing 57 per cent absolute growth and a two-year CAGR of 25 per cent, Gautam Adani, Chairman of the Adani Group, said on Wednesday,...
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