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News

@bsindia
business-standard.com-standard.com

Dilip Buildcon weighs InvIT route to monetise its renewable power assets

13+ hour, 16+ min ago   (357+ words) Infrastructure developer may create a separate energy InvIT or place power assets under Anantam Highways as it seeks predictable, long-term cash flows through monetisation Dilip Buildcon Ltd (DBL) is weighing whether to set up a separate infrastructure investment trust (InvIT)…...

@bsindia
business-standard.com-standard.com

KPIGreen achieves highest energized capacity of 630+ MW DC in Jun-Aug quarter

19+ hour, 58+ min ago   (102+ words) Business Standard KPIGreen achieves highest energized capacity of 630+ MW DC in Jun-Aug quarter This milestone spans a diversified mix of IPP assets and projects executed under the Company's EPC vertical, underscoring the scale, speed and consistency of KPI Green Energy's…...

@bsindia
business-standard.com-standard.com

Flender expands India wind footprint with new Chennai generator plant

1+ day, 17+ hour ago   (274+ words) The Winergy facility will expand generator manufacturing, deepen localisation and strengthen Flender's supply-chain capabilities for India's growing wind energy market Flender, a global provider of drivetrain solutions for the wind industry, on Wednesday inaugurated a new generator production site in…...

@bsindia
business-standard.com-standard.com

Suzlon Energy secures 250 MW wind order from Torrent Green Energy

1+ day, 19+ hour ago   (53+ words) Business Standard Suzlon Energy secures 250 MW wind order from Torrent Green Energy Cumulative orders from Torrent Group surpass 1.3 GW Suzlon will supply 76 flagship S144 wins turbines (3.3 MW each) along with grid integration and long term O&M services....

@bsindia
business-standard.com-standard.com

TCS to acquire Porsche subsidiary MHP for $373 mn, signs five-year deal

2+ day, 11+ hour ago   (335+ words) Business Standard India’s largest IT services player, Tata Consultancy Services (TCS), on Monday announced the acquisition of Porsche subsidiary MHP Management- und IT-Beratung GmbH (MHP) for €320 million (around $373 million) As part of this acquisition, Porsche has also signed…...

@bsindia
business-standard.com-standard.com

Benchmarks hit fresh intraday low; Europe opens near flat line

2+ day, 19+ hour ago   (633+ words) The domestic equity benchmarks extended losses and hit fresh intraday lows in afternoon trade, weighed down by a lack of strong directional cues, continued FII selling and persistent tensions surrounding the US-Iran conflict. The Nifty traded below the 24,200 level. PSU…...

@bsindia
business-standard.com-standard.com

No more boarding pass stamps from Sept 1: What travellers need to know

2+ day, 17+ hour ago   (255+ words) International travellers departing India will be able to use e-boarding passes as immigration authorities end mandatory boarding pass stamping from September 1 Passengers flying abroad from Indian airports will no longer need to get their boarding passes physically stamped by immigration…...

@bsindia
business-standard.com-standard.com

A new kind of China Shock

3+ day, 19+ hour ago   (147+ words) Business Standard Only an apparatchik in the People’s Republic of China could conceivably write — and perhaps believe — that anyone else has a “monopoly” over manufacturing But that is precisely what the bureaucrats at Beijing’s ministry…...

@bsindia
business-standard.com-standard.com

Putin says Ukraine opened 'Pandora's box' with strikes on economic targets

3+ day, 12+ hour ago   (225+ words) Russian president warns Moscow will target Ukraine's sensitive economic sectors in response to drone strikes on Russian infrastructure, including oil refineries Russian President Vladimir Putin said in comments published on Saturday that Kyiv had opened "Pandora's box" with its strikes…...

@bsindia
business-standard.com-standard.com

Putin rejected Ukraine's offer for Black Sea shipping truce, says Zelenskyy

3+ day, 14+ hour ago   (352+ words) Business Standard By Volodymyr Verbianyi Ukraine offered Russia a truce on attacks against ships carrying agricultural commodities through the Black Sea, but Moscow rejected the deal because it wanted guarantees against strikes on its energy infrastructure, Ukrainian President Volodymyr Zelenskyy…...