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The Economic Times
The Economic Times Adani allegations shine spotlight on India's clean energy conundrum
India's renewable energy dream faces hurdles. State distributors are hesitant to buy renewable power. This delays projects and impacts clean energy goals. Adani Group's bribery allegations worsen the situation. The government is pushing for more renewable projects. But a lack of buyers creates a bottleneck. Experts suggest better planning to match supply and demand.
The Economic Times Healthy ambitions: LIC eyeing ManipalCigna
LIC plans to buy half of ManipalCigna Health Insurance. The deal could be worth ₹4,000 crore. This move will let LIC enter the health insurance market. ManipalCigna is a joint venture between Manipal Group and Cigna Corporation. Both will reduce their stakes if the deal happens. LIC's managing director hinted at this acquisition during an earnings call.
The Economic Times How will the new PAN card system work?
By integrating multiple functions and enhancing data security, the government aims to provide faster, more accurate services to taxpayers while advancing the broader goals of digitalization and sustainability.
The Economic Times MSPL eyes Rs 4,500 crore topline with major expansion and foray into steel making: Anil Kavadiya, Group CFO
The iron ore pellet maker is well-positioned to become a dominant force in India’s steel industry, contributing significantly to the country’s infrastructure development and sustainability goals, said Kavadiya.
The Economic Times India clocks double-digit surge in steel consumption amid global slowdown
India is the only large economy showing robust growth in the consumption of steel with a double-digit jump of 13.5 per cent in the first half of 2024-25, according to a statement of the Ministry of Steel issued on Wednesday.
The Economic Times India signs agreement to operationalise solar projects in Fiji, Comros, Madagascar and Seychelles
This development comes after India committed to invest USD 2 million in new solar projects in these Indo-Pacific countries under Quad Climate Working Group initiative
The Economic Times Indian economy to bounce back for 3 big factors: Here's what Morgan Stanley forecasts
India's economy is poised for a rebound, with projected GDP growth reaching 6.7% and 6.8% in the upcoming quarters of FY25. Increased government spending, moderating food inflation, and a recovering job market are key drivers of this anticipated growth, overcoming earlier challenges from weather disruptions and reduced consumer spending.
The Economic Times Gujarat unveils new cottage and rural industries policy; eyes 12 lakh jobs in 5 years
The Gujarat government launched the New Cottage Policy 2024, increasing loans, subsidies, and market support for artisans, targeting 12 lakh jobs, ₹1,500 crore sales, and enhanced training over five years.
The Economic Times Vedanta Aluminium and PwC India partner for biodiversity and carbon reduction in Odisha
Vedanta Aluminium has forged a strategic partnership with PwC India to lead its biodiversity and carbon reduction initiatives in Odisha, the company said in a release on Wednesday.
The Economic Times India needs large-scale worker housing infra to truly unleash manufacturing: Report
New-Delhi-based Foundation for Economic Development underscored the need for worker accommodation as a critical unlock for enabling large-scale, employment-intensive manufacturing.
The Economic Times India's Mahindra bets on premium electric SUVs to boost market share
Mahindra launched two new electric SUVs, the BE.6e and XEV.9e. These SUVs offer over 500 km range. The BE.6e and XEV.9e will compete with petrol and hybrid SUVs. Mahindra aims to capture market share in the expanding compact SUV segment. The company plans to produce 90,000 units initially, increasing to 200,000 by 2026.
The Economic Times GSTAT bench rollout will clear backlog and ease judicial pressure, say experts
Experts have applauded the government's move to operationalise GSTAT benches, highlighting improved accessibility and reduced backlog, but urge swift implementation to resolve ongoing disputes and avoid further judicial pressure.
The Economic Times Edelweiss Financial makes Rs 175-cr exit from Paradigm Realty Andheri project
Paradigm Realty repaid a Rs 175 crore debt to Edelweiss Financial Services two quarters early, facilitated by strong sales and refinancing at under 13% interest. The funds were used for the 102 Downtown project in Mumbai's Oshiwara locality, a joint venture with Prozone Realty. Edelweiss achieved an 18-19% IRR on the investment.
The Economic Times JSW One expands private brand portfolio with the launch of JSW One Concrete
JSW One Platforms has launched JSW One Concrete, a ready-mix concrete solution, in the Mumbai Metropolitan Region. Leveraging the JSW Group's resources, the product emphasizes quality and timely delivery. The company plans to expand to the top 20 RMC markets by FY 2027, aiming to capture a significant share of the Indian market and address the construction sector's growing needs.
The Economic Times Ecofy partners with SWELECT Energy for rooftop solar adoption
Ecofy and SWELECT join forces to boost rooftop solar in South India., which shall support the PM Surya Ghar initiative. The collaboration leverages Ecofy's lending platform and SWELECT's market presence.
