Business

Steel Authority of India Limited (SAIL), a Maharatna company and the country’s largest public sector steel producer under the Ministry of Steel, and EdCIL (India) Limited, a public sector undertaking under the Ministry of Education, signed a Memorandum of Understanding (MoU) on 26th May, 2026 to promote inclusive education under SAIL’s Corporate Social Responsibility (CSR). Under this MoU, ‘Smart Digital Classrooms’ will be installed in schools located around SAIL’s operational areas. The collaboration aims to promote inclusive education and enhance learning…

Shares of billionaire Gautam Adani’s listed companies have fully recovered losses triggered by the 2023 Hindenburg Research report, marking a sharp turnaround for the conglomerate as it navigates regulatory scrutiny and renewed investor confidence. The combined market value of Adani Group’s nine listed firms has now risen by nearly $150 billion from the lows seen after the US-based short-seller accused the conglomerate of widespread corporate misconduct. The allegations had led to a massive selloff across Adani stocks at the time.…

Ahmedabad, May 2026 : The Adani Group is witnessing a sharp surge in market valuation, with the combined market capitalisation of its listed companies moving close to the ₹20 lakh crore milestone, driven by robust earnings growth and renewed investor confidence. According to market data, the conglomerate has added nearly ₹5 lakh crore in market value on a year-to-date (YTD) basis, reflecting a strong rally across most of its listed entities. Among all group companies, Adani Power has emerged as…

New Delhi, May 2026 : India has emerged as the second-largest data centre market in the Asia-Pacific region with 1.6 GW of operational capacity and is also among the top three globally in terms of development pipeline, with 3.1 GW of capacity under construction and planned, according to a new industry report released on Wednesday. The report highlights that India is rapidly becoming one of the most significant growth destinations for digital infrastructure in Asia-Pacific, driven by accelerating adoption of…

EDITOR’S SYNOPSIS Ahmedabad, May 2026: Adani Green Energy Ltd (AGEL), India’s largest renewable energy company, has commissioned a cumulative 3.37 Gigawatt-hour (GWh) Battery Energy Storage System (BESS), the world’s largest single-location battery storage deployment outside China and among the fastest executed globally. The deployment includes the 1.37 GWh** capacity commissioned in March 2026, taking AGEL’s total operational BESS capacity at Khavda, Gujarat to 3.37 GWh. The project was delivered within just 10 months of commencement of on-site construction, marking one…

Mumbai; May 2026: The 623rd meeting of the Central Board of Directors of Reserve Bank of India was held today (Friday – 22nd May 2026) in Mumbai under the Chairmanship of the Honourable Governor Mr. Sanjay Malhotra. The Board reviewed the global and domestic economic scenario, including risks to the outlook. The Board deliberated on the annual accounts of the Reserve Bank for the FY 2025-26 ending 31st March 2026. The revised Economic Capital Framework (ECF) provides flexibility to maintain…

Partnership aims to foster knowledge exchange, research, policy support and cooperation across key areas of financial and corporate regulation The National Institute of Securities Markets (NISM), established by the Securities and Exchange Board of India (SEBI), and Indian Institute of Corporate Affairs (IICA), under Ministry of Corporate Affairs, have signed a Memorandum of Understanding (MoU)  to advance Corporate Governance, ESG and Capital Markets in the country. The two institutions will jointly design and deliver capacity building programmes, certification courses, executive…

Steel Authority of India Limited’s (SAIL) Management Training Institute (MTI) and Management Development Institute (MDI), Gurgaon signed a Memorandum of Understanding (MoU) at SAIL Corporate Office in New Delhi on 20th May, 2026, to collaborate on Executive Education Programmes for building future-ready leaders in SAIL. This partnership will combine academic knowledge with real-world application through customized leadership Programmes, strategy & innovation-driven learning interventions, action learning for measurable business impact, overseas learning programs, joint research & consulting and case studies tailored for…

Ahmedabad, May 2026 : The decision by US authorities to drop charges against Adani Group Chairman Gautam Adani is being viewed as a major positive development for the conglomerate, with market experts saying it is likely to strengthen investor confidence and improve the group’s ability to raise capital globally. Market expert Abhay Agarwal on Tuesday said the issue, which began with allegations made by Hindenburg Research and later involved scrutiny by US agencies, has now reached a “conclusive end,” bringing…

Hindustan Zinc Limited hosted Shri G. Kishan Reddy, Hon’ble Union Minister of Coal and Mines, Government of India, at its Rajpura Dariba Complex in Rajasthan. The visit included a holistic tour of the company’s Sindesar Khurd Mine, one of the world’s largest silver-producing and technologically advanced underground mines, and Dariba Smelting Complex, a state-of-the-art smelting facility.   Shri G. Kishan Reddy, Hon’ble Union Minister of Coal and Mines, Government of India, said, “India’s journey towards Viksit Bharat 2047 will be built…