Servotech Secures ₹336 Million Solar Rooftop Project From Northeast Frontier Railway
Servotech Renewable Power System Ltd, a leading in India’s solar industry, won a contract for a 7.8 MW grid-connected solar rooftop project.
Indian Markets Open Lower As Consolidation Continues
Indian equity markets started marginally in the red on Tuesday, with Sensex and Nifty witnessing a slight decline amid a consolidation phase.
TotalEnergies Reaffirms Support For Adani Green’s Renewable Expansion
TotalEnergies backs Adani Green’s expansion, with the Chairman pledging continued investment in India’s renewable energy sector.
Indian Bond Market Gains Strength On Easing Inflation And Anticipated RBI Rate Cuts
The Indian bond market is gaining momentum, driven by steadily easing inflation and expectations of further interest rate reductions by RBI.
Foreign Portfolio Investors Return To Indian Equity Markets After Months Of Outflows
After eight months of outflows, FPIs ramped up investments in Indian equities in May, hitting the highest level since September 2024.
India’s Forex Reserves Surge By Nearly $7 Billion, Approaches Record High
India’s forex reserves jumped by \$6.99 billion to \$692.72 billion for the week ending 23 May, RBI data showed.
India’s Hospitality Sector Set To Attract $1 Billion Investment By 2028: JLL
India’s hospitality sector is set to attract USD 1 billion in investments by 2028, up from USD 340 million in 2024, according to a JLL report.
IKEA To Increase India Local Sourcing To 50%; Strengthen Global Supply Links
IKEA has announced plans to increase local sourcing in India from 30% to 50%, boosting both domestic and global supply.
Kia, TVS Motor Ride High On Demand With Double-Digit Growth In May
Auto sector gained pace in May, with Kia, TVS Motor, and JSW MG Motor reporting strong sales driven by rising demand and solid product lines.
UPI Transactions Reach Record High In May; Driven By Multiple Digital Payment Systems
Transactions on the UPI hit an all-time high in May, reaching 18.68 billion in volume and ₹25.14 trillion in value.
