India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
NLC India Ltd. has secured a Letter of Award from NTPC Ltd. to establish a 450 MW Inter-State Transmission System (ISTS) connected wind-solar hybrid power project in Rajasthan. The project, split between Bikaner (300 MW) and Bhuj (150 MW), will supply hybrid power to NTPC for 25 years under a Power Purchase Agreement, with supply commencing within 24 months.NLC India Ltd has received a Letter of Award from NTPC Ltd for establishment of 450 MW Inter-State Transmission System (ISTS) Connected Wind-Solar Hybrid Power project in Rajasthan, the company said. According to the order secured from NTPC Ltd, NLC India would set up the 450 ISTS connected wind-solar power project, supply of hybrid power generated from the said project to NTPC Ltd for a period of 25 years under the Power Purchase Agreement (PPA). "The project would be developed in Bikaner, Rajasthan for 300 MW and Bhuj, Gujarat for 150 MW," NLC India said in a press release on Sunday. The scheduled commencement of supply date for supplying power from the full project shall be within a period of 24 months from the effective date of the Power Purchase Agreement, it said.
Chennai, Jun 29 (PTI) NLC India Ltd has received a Letter of Award from NTPC Ltd for establishment of 450 MW Inter-State Transmission System (ISTS) Connected Wind-Solar Hybrid Power project in Rajasthan, the company said. According to the order secured from NTPC Ltd, NLC India would set up the 450 ISTS connected wind-solar power project, supply of hybrid power generated from the said project to NTPC Ltd for a period of 25 years under the Power Purchase Agreement (PPA). Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for June 29, 2025 Declared, Check Winning Numbers and Result Cha ...Read More >
New Delhi, Jul 9 (PTI) The Municipal Corporation of Delhi (MCD) is likely to install rooftop solar power plants on 989 municipal buildings in a bid to reduce dependency on conventional power sources and lower electricity costs, officials said on Wednesday. The project will be executed in collaboration with NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC. Also Read | Belagavi Shocker: 3 of Family Members Die by Suicide After Consuming Poison Over Debt in Karnataka. Under the RESCO model, the executing agency bears the cost of installation, operation, and maintenanc ...Read More >
New Delhi, Jul 9 (PTI) The Municipal Corporation of Delhi (MCD) is likely to install rooftop solar power plants on 989 municipal buildings in a bid to reduce dependency on conventional power sources and lower electricity costs, officials said on Wednesday. The project will be executed in collaboration with NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC. Under the RESCO model, the executing agency bears the cost of installation, operation, and maintenance and is reimbursed over time through a fixed tariff per unit of solar energy generated, as agreed upon in a Powe ...Read More >
New Delhi, Jul 1 (PTI) Bangladesh made its single largest payment of USD 437 million in June, clearing pending dues, including carrying costs, and issues related to the power purchase agreement, reaffirming the Indian conglomerate's asset as a reliable and cost-competitive power source for meeting the country's growing energy needs, sources said. Bangladesh is now regular in payments. Additionally, an LC (Letter of Credit) worth about two months of billing and sovereign guarantee for all dues as additional security has been established, sources aware of the matter said. Since payment-related ...Read More >
Mumbai, Oct 31 (SocialNews.XYZ) Actress Deepika Padukone, who has been a strong advocate for mental health awareness, reacted to cricketer Jemimah Rodrigues' recent revelation about battling anxiety. The 'Om Shanti Om' actress, known for openly sharing her own struggles with depression in the past, praised Jemimah for her honesty and courage in speaking up, highlighting the importance of conversations around mental well-being in sports and beyond. Taking to her Instagram Stories, Deepika Padukone reshared a video of cricketer Jemimah Rodrigues, in which the athlete opened up about her struggl ...Read More >
Green stocks have come under the lens of investors as NTPC Green Energy shares are trading at a high PE despite a strong debut on Dalal Street. This has improved the valuations of other green energy stocks, and discounted buying is taking place in this sector Mahesh M Ojha, AVP -- Research at Hensex Securities Connecting the green energy stock rise with the RBI MPC meeting, Seema Srivastava, Senior Equity Research Analyst at SMC Global Securities, said, "The Reserve Bank of India (RBI) and other regulators can create green lending guidelines. They should work towards providing incentives for ...Read More >
Ahmedabad, Oct 31 (SocialNews.XYZ) Global brokerage firms remain upbeat on Adani Power Limited (APL) following its strong operational performance in the September quarter (Q2 FY26), with Morgan Stanley, Jefferies, and Cantor Fitzgerald all maintaining positive views and raising their price targets on the stock on Friday. Morgan Stanley reiterated its 'Overweight' rating on Adani Power with an industry view of 'In-Line' and set a price target of Rs 163.60 -- implying a modest 1 per cent upside from the October 30 closing price of Rs 162.57. The brokerage highlighted the company's strong proje ...Read More >