Business

Highest ever Annual EBITDA of Rs 8,726 crore achieved in FY26, up 13% YoY PAT rose by 32% to Rs 2,393 crores in FY26 Q4FY26 EBITDA at Rs 2,372 crore, grew 5% YoY AESL’s strong execution underpinned performance, marked by commissioning of the first Mumbai’s advanced VSC based HVDC project — world’s first compact HVDC. AESL also became the first player in India to successfully install 1 crore smart meters, redefining the pace of digital transformation in power distribution Editor’s…

Union Minister Sh. Jyotiraditya M. Scindia Lauds BSNL’s ‘Transformative Performance’; India Joins Elite Group of Five Countries with Indigenous Telecom Stack The annual results of Bharat Sanchar Nigam Limited (BSNL) for FY 2025-26 were reviewed at the Strategic Review and Planning Meet (SRPM) held at Vigyan Bhawan, New Delhi, today. The meeting was chaired by Union Minister of Communications Shri Jyotiraditya M. Scindia and attended by Hon’ble Minister of State for Communications Dr. Chandra Sekhar Pemmasani, Secretary (Telecommunications) Shri Amit…

April 2026 : The Govt. of India has appointed Shri Rajesh Kumar Agarwal as Director (Finance) at Power Finance Corporation Limited (PFC), effective 23 rd April, 2026. Before this appointment, he was Executive Director (Finance) at PFC since 1 st January, 2024.  Shri Agarwal has a distinguished career spanning over 31 years in the Power and Financial sectors. He holds a Bachelor’s degree in Commerce (Honours) and is a Member of the Institute of Cost Accountants of India. In his…

Highest ever Annual EBITDA of Rs 8,726 crore achieved in FY26, up 13% YoY PAT rose by 32% to Rs 2,393 crores in FY26 Q4FY26 EBITDA at Rs 2,372 crore, grew 5% YoY AESL’s strong execution underpinned performance, marked by commissioning of the first Mumbai’s advanced VSC based HVDC project — world’s first compact HVDC. AESL also became the first player in India to successfully install 1 crore smart meters, redefining the pace of digital transformation in power distribution Editor’s…

Ahmedabad, April 2026 : Adani Power Limited on Tuesday announced the incorporation of a new step-down wholly-owned subsidiary, signalling its growing ambitions in the nuclear energy sector. In a regulatory filing, the company said that its wholly-owned arm, Adani Atomic Energy Limited (AAEL), has established a new entity named Rawatbhata-Raj Atomic Energy Limited (RRAEL). The subsidiary was officially incorporated on April 20, 2026, in India. RRAEL has been set up with an authorised capital of Rs 5 lakh, divided into…

Cupertino, Apr 2026 : Apple Inc. has announced the appointment of John Ternus as its next chief executive officer, marking a major leadership transition at one of the world’s most influential technology companies. Ternus will succeed Tim Cook, who has led the company since 2011 and overseen a period of unprecedented growth and global expansion. The transition comes at a pivotal moment for Apple and the broader technology industry, as rapid advancements in artificial intelligence reshape the competitive landscape. Under…

Shri Suman Bery, Vice-Chairman, NITI Aayog, released the latest edition of the “Trade Watch Quarterly” publication for Quarter 3 of FY26 (October-December 2025) on 20th April 2026, in New Delhi. It was released in the distinguished presence of Member, NITI Aayog, Shri Arvind Virmani and other senior officials.The publication provides a comprehensive assessment of global and domestic trade trends at a time when global trade has demonstrated resilience despite persistent macroeconomic and geopolitical uncertainties. The thematic section of this quarter’s…

Collaboration Aimed to Push Joint Projects, Tech Solutions and Skill Development in AI, 5G, Cyber Security and Emerging Technologies Broadcast Engineering Consultants India Limited (BECIL) has entered into a Memorandum of Understanding (MoU) with the Centre for Development of Advanced Computing (C-DAC) to collaborate in the areas of advanced technologies, digital transformation and capacity building. The collaboration will focus on joint project implementation, consultancy and technical support, and development of solutions in emerging technologies such as Artificial Intelligence (AI), Machine…

Second cohort spans Health Tech, Climate Tech, EdTech, Satellite Intelligence, Cognitive AI and more — continuing India’s drive to build global AI leaders through IndiaAI Mission’s partnership with Station F and HEC Paris In a continued commitment to advancing India’s AI capabilities on the world stage, the IndiaAI Mission, under the Ministry of Electronics and Information Technology (MeitY), has announced the selection of 10 cutting-edge Indian AI startups for the second cohort of the IndiaAI Startups Global Acceleration Programme, an…

New Delhi, Apr 2026 : Fair trade regulator CCI on Thursday rejected a complaint alleging anti-competitive practices by Adani Group entities, Azure Power, and others in a solar power tender floated by the Solar Energy Corporation of India (SECI). The complainant had alleged that Adani Enterprises Ltd, Adani Green Energy Four Ltd, Gautam Adani, Sagar Adani, Azure Power India Pvt Ltd, SECI and several state power utilities violated competition norms. Rejecting the complaint, the Competition Commission of India (CCI), in…