Adani Group is poised to become India’s largest private nuclear power capacity developer, targeting 10 GW by 2035. The company aims to secure India’s long-term energy future through nuclear power capacity development.
The Indian government has successfully raised ₹2,100 crore from the share sale of state-owned Indian Railway Finance Corporation (IRFC), a significant move towards its disinvestment goals. The sale saw an enthusiastic response from retail investors, with 22.88 crore shares sold over two trading days.
The Indian rupee has risen amid an oil price slump and foreign inflows, but caution remains over the prospect of U.S. rate hikes. Stay informed about market developments and adjust investment strategies accordingly.
The Indian stock market witnessed a significant surge on the last trading session, driven by a sharp drop in oil prices. The Sensex closed 109 points higher at 77,100.47, while the Nifty 50 rose 34 points to end at 24,056.
India’s commercial vehicle demand is expected to grow in the long term despite short-term headwinds, according to Tata Motors MD & CEO Girish Wagh. The company is bullish on the long-term outlook, citing India’s macro-economic growth as a key driver of commercial vehicle demand.
Stock market enthusiasts, get ready for a treat! Embassy Developments Ltd, Bharat Dynamics Ltd, Vedanta Ltd, Infosys, and Bharti Airtel are expected to be in focus today due to their significant announcements. Stay updated on the latest developments and trends to make informed investment decisions.
A weak monsoon in India has raised concerns about food inflation, but the Reserve Bank of India (RBI) is unlikely to hike interest rates immediately. The central bank will wait until after October to assess the impact of the monsoon on agricultural output, food prices, and the broader inflation trajectory.
The UK High Court has ruled that Nirav Modi is liable to pay Bank of India over $11.5 million, including interest, for a personal loan guarantee. The judgment clarifies that this case is a commercial banking recovery claim and does not concern the wider PNB fraud allegations against Modi.
The Indian stock market staged a firm recovery on Wednesday, driven by a decline in crude oil prices and optimism around a near-final India-US trade deal. The Sensex jumped 790 points or 1.04 per cent to close at 76,991.22, while the Nifty 50 ended at 24,021.65, gaining 197.55 points or 0.83 per cent.
The Adani Group’s unwavering commitment to ₹1.5 trillion capex in FY26 is a testament to its resilience and strategic vision. The conglomerate continues to scale rapidly, with key drivers including a three-layer management structure and significant outsourcing to vendors.
