Business

Ahmedabad, July 2026 : Adani Energy Solutions Ltd (AESL) on Friday announced that it has secured an ₹8,500 crore interstate power transmission project in Andhra Pradesh, marking a significant milestone in strengthening India’s clean energy infrastructure. The project will provide reliable electricity to the proposed Green Hydrogen and Green Ammonia manufacturing hubs in the Visakhapatnam region, which are expected to require nearly 4,500 MW of power. The project was awarded under the Government of India’s tariff-based competitive bidding (TBCB) mechanism,…

Ahmedabad, July 2026 : Adani Enterprises Limited (AEL) on Friday firmly denied media reports and market speculation suggesting that it was planning to enter the airline business, describing the claims as “entirely baseless and factually incorrect.” In an official statement, a spokesperson for Adani Enterprises clarified that the company is not considering any proposal to launch an airline. The clarification came after reports surfaced claiming that the Adani Group was exploring opportunities to establish its own aviation carrier. “We would…

Summit to be held alongside the 9th Session of the International Solar Alliance (ISA) Assembly and the 4th International Conference on Green Hydrogen The Bharat Renewable Energy Summit & Expo (BRESE) 2026 will be held from 2nd to 5th November 2026 at Bharat Mandapam, New Delhi, said Shri Pralhad Joshi, Union Minister for New and Renewable Energy and Consumer Affairs, Food and Public Distribution, while addressing the Curtain Raiser of the BRESE 2026 here today. In his keynote address, Shri…

Ahmedabad, July 2026 : Adani Power Ltd. on Wednesday reported a robust financial performance for the first quarter of FY27, with consolidated profit after tax (PAT) rising 47.2 per cent year-on-year to Rs 4,867 crore, driven by strong operational growth, higher electricity sales and disciplined control over finance costs despite an ongoing capital expenditure programme. The company posted a consolidated PAT of Rs 3,305 crore in the corresponding quarter of the previous financial year. Adani Power also recorded a significant…

New Delhi, July 2026 : Singapore Airlines (SIA) has reaffirmed its confidence in Air India’s long-term growth prospects, stating that the Tata Group-owned carrier has made “tangible progress” in its transformation journey despite facing operational and market challenges. The airline also confirmed that its 25.1 per cent stake in Air India continues to play a central role in its long-term multi-hub strategy, driven by India’s rapidly expanding aviation market. The remarks came in response to questions from shareholders and investors…

New Delhi, July 2026: Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, on Tuesday announced that it will increase the prices of its cars by up to ₹30,000 from August 2026, citing a sustained rise in input costs and continued inflationary pressures. In a regulatory filing to the Bombay Stock Exchange (BSE), the automaker said the price revision has become unavoidable despite its consistent efforts over the past several months to offset rising production costs through various cost-optimisation measures.…

New Delhi, July 2026: The Central government on Monday informed Parliament that the Life Insurance Corporation of India (LIC) was holding Rs 7,318.5 crore in unclaimed funds as of March 31, 2026, while clarifying that there is no proposal to use inactive Employees’ Provident Fund (EPF) balances for any purpose other than payments to eligible subscribers and beneficiaries. In a written reply in Parliament, the Finance Ministry said the total unclaimed amount with LIC comprises Rs 5,564.5 crore belonging to…

New Delhi, July 2026 : Adani Group Chairman Gautam Adani on Saturday congratulated Hyderabad-based Skyroot Aerospace on the successful launch of Vikram-1, describing the achievement as a defining moment for India’s private space industry and a powerful example of the country’s growing technological self-reliance under the vision of Atmanirbhar Bharat. Taking to social media platform X, Adani praised the maiden orbital mission, saying it marked the beginning of a new era for India’s commercial space ecosystem. He noted that Vikram-1…

New Delhi, July 16: Maruti Suzuki India on Thursday said it will challenge the order of the District Consumer Disputes Redressal Commission, Raipur, which directed the company to replace a customer’s Grand Vitara Hybrid with a new E20-compatible model. The automaker maintained that the vehicle in question was already fully compatible with E20 fuel and disputed the findings of the consumer forum. The case relates to a Grand Vitara Hybrid purchased by a customer from Chhattisgarh, who alleged that the…

Standards for Large Cardamom, Coriander and Vanilla Finalised by India-Hosted Codex Committee Adopted by Codex Commission New Codex Standards for Spices to Enhance Market Access and Boost India’s Export Competitiveness India achieved a significant milestone in international food standard-setting with the adoption of three Codex standards for large cardamom, coriander and vanilla at the Forty-Ninth Session of the Codex Alimentarius Commission (CAC49), held in Geneva, Switzerland, from 6 to 10 July 2026. The Commission also accepted India’s request to serve…