Adani Green Energy Plans ₹15,000 Crore Investment to Expand Battery Storage Capacity Adani Green Energy Limited has announced an ambitious plan to significantly scale up its battery energy storage capabilities, outlining an investment of approximately ₹15,000 crore for FY27. The company aims to add over 10 gigawatt-hours (GWh)…
L&T Finance Limited has outlined a significant funding and growth roadmap for FY27, with its board approving the issuance of cumulative compulsorily redeemable non-convertible preference shares (NCPs) worth up to ₹6,012 crore. The decision, disclosed through a recent exchange filing, is subject to shareholder approval and forms a…
The Reserve Bank of India has taken enforcement action against financial institutions for regulatory lapses, imposing monetary penalties on Bandhan Bank and Muthoot Housing Finance Company. The move highlights the regulator’s continued focus on ensuring adherence to compliance standards across the banking and non-banking financial ecosystem. These penalties…
Reliance Industries Limited reported a mixed financial performance for the January–March quarter of FY26, reflecting strong revenue growth alongside pressure on profitability. The results highlight the contrasting trends across its diverse business segments, including telecom, retail, and energy. During the fourth quarter, the company’s consolidated net profit declined…
Sun Pharmaceutical Industries Limited has announced a major global acquisition, entering into a definitive agreement to purchase Organon & Co. in an all-cash transaction valued at approximately $11.75 billion. Under the terms of the agreement, Sun Pharma will acquire all outstanding shares of Organon at a price of…
Oil and Natural Gas Corporation (ONGC) has announced a series of strategic developments following its Board meeting held on April 25, 2026. The decisions span leadership restructuring, expansion into petrochemical marketing through a joint venture, and fresh investments in gas infrastructure. Together, these moves underline the company’s ongoing…
Historic Profit Milestone for Reliance Industries Reliance Industries Limited has set a new benchmark in India’s corporate history by becoming the first company to cross the $10 billion annual profit mark. The company reported a net profit of ₹95,610 crore for the financial year 2025–26, equivalent to approximately…
A New Milestone in Solar Module Innovation Premier Energies Limited has taken a significant step forward in solar technology with the introduction of its NeoBlack Series, positioned as India’s first all-black G12R DCR solar module. The unveiling took place at RenewX in Chennai, a platform known for showcasing…
Major Capital Infusion Signals Strategic Expansion Axis Finance Limited is preparing to secure fresh capital amounting to ₹2,250 crore in a transaction that underscores its growth ambitions and evolving capital structure. This fundraising exercise is notable not only for its scale but also for introducing external investment into…
Financial Index Faces Mild Pressure Amid Mixed Market Trends The Nifty Financial Services Index experienced a slight pullback during the trading session on April 27, 2026, reflecting subdued momentum within the financial segment. The index declined by 68.50 points, equivalent to a drop of 0.26%, settling at 26,073.25.…
