Torrent Power’s green energy push improves its earnings visibility

Torrent Power Ltd’s stock has gained more than 10% this week after it announced the opening of its qualified institutional placement (QIP), for which it set the floor price at…

Can NTPC Green’s IPO electrify your portfolio?

As one of India’s largest renewable energy public sector enterprises, NTPC Green boasts a robust portfolio of operational and pipeline renewable energy projects. It aims to use the proceeds to…

PLI Scheme for ACs and LEDs attracts Rs 4,121 crore investment from 38 companies

Thirty-eight companies, including established players like Daikin, Voltas, and Blue Star, have submitted applications with proposed investments totalling ₹4,121 crore to benefit from the third round of the government’s production-linked…

Govt plans new PLI scheme for drones sector

The government plans to come out with a new Production-Linked Incentive (PLI) scheme for the drones sector that will be more effective in terms of implementation, documentation and other aspects.…

Govt urges industry to apply for white goods PLI scheme

The Union Government has urged manufacturers in the white goods sector to apply for the Production-Linked Incentive (PLI) scheme. Reacting to the muted response thus far, the Department for Promotion…

Cisco begins production at its first Indian plant in Sriperumbudur

American communications technology major, Cisco, has begun operations at its first manufacturing facility in India. The company’s state-of-the-art production site in Sriperumbudur, launched in collaboration with contract manufacturer, Flex, will…

India to have its first exclusive telecom manufacturing zone, says Union Minister Jyotiraditya Scindia

The time may be ripe to develop India first-ever exclusive telecom manufacturing zone, Communications Minister Jyotiraditya Scindia said, on Friday. The minister was speaking to reporters at the inauguration of…