Author: Abizar Attari
News Editor

Bitcoin has surged past the $94,000 mark for the first time in two months, with the markets reacting positively to the US’s military action to capture Venezuelan leader Nicolas Maduro. The flagship cryptocurrency had been on a freefall since November 2025, as institutional investors and short-term investors redeemed their coins in droves due to heightened market uncertainty. This trend has been witnessed across commodity and equity markets, as the capture of known US critic Nicolas Maduro is expected to boost exports from resource-rich Venezuela, known to have the world’s largest oil reserves. Gold has risen 2.7% an ounce, silver rose…

New Delhi: Leading renewables company Inox Wind’s subsidiary Inox Clean Energy has announced the purchase of nearly 300 MW of operational solar power assets from SunSource Energy, as the company looks to go public later this year. The deal, worth ₹1,000 crore, has been funded through pre-IPO fundraises, internal accruals and promoter contributions, widely reported sources have said. The deal is expected to significantly enhance Inox Clean’s solar energy footprint, which is at 157 MW currently. SunSource Energy, a group company of Netherlands-based SHV Energy, currently has these solar power assets spread across 13 states, including Uttar Pradesh, Karnataka, Maharashtra,…

New Delhi: Dr Lal’s PathLabs, one of India’s leading diagnostics brands, announced the launch of its Sovaaka wellness centre, aimed at boosting proactive wellness beyond health checkups. Built on the ‘Science Behind Wellness’ philosophy, Sovaaka intruduces new standards in preventive and lifestyle healthcare.  By deploying precision diagnostics, cutting-edge technology and professional medical guidance, the centre aims to help individuals take proactive control of their health. Given the rising incidences of lifestyle diseases, Sovaaka offers two professionally designed programs- Eterna (for women) and Vita (for men), customized to their age, gender and lifestyle.  To control lifestyle disorders before they advance, the…

New Delhi: Tata Power’s renewable energy arm ata Power Renewable Energy Ltd (TPREL), has successfully surpassed a major milestone by installing 1GWp (gigawatt-peak) of rooftop solar power capacity in the first 9 months of 2025, a 127% year on year (YoY) growth from the same period last year.  Under its Tata Power Solaroof brand, TPREL added more than 1.7 lakh installations thisyear across residential, commercial and industrial clients, taking its total customer base beyond 3 lakh.  In the October-December quarter (Q3FY26), the company added over 58,476 rooftop solar installations alone, an increase of 242% year on year from 17,092 recorded…

New Delhi: Servotech Renewable Power System Ltd, a leading player in the EV charging infrastructure space, has launched a lithium-ion battery and charger designed for three wheeler Original Equipment manufacturers (OEMs). Christened SULTAN and Zest for the charger and battery, this is aimed at delivering integrated energy solutions for electric three wheelers, boosting their durability, reliability, charging and operational efficiency. The SULTAN lithium-ion battery comes in two models 51.2V/105Ah and 64V/105Ah, for e-Rickshaws,e-cargos and e-autos, using LFP chemistry to offer a lighter and improved payload for capacity. The Zest charger is aimed at reducing charging time and enhancing battery protection.…

New Delhi: The US’s swift capture of Venezuela’s dictator, Nicolas Maduro, and the possible takeover of its government could come as a boon for India’s ONGC and other Oil Marketing Companies(OMCs), as the long-standing US sanctions on Venezuelan oil are expected to be lifted. For ONGC, this could mean receiving almost $500 million in unpaid dividends from its operations there through its subsidiary ONGC Videsh Limited (OVL). Following the sanctions in 2014, production at ONGC’s oil wells in Venezuela’s San Cristobal Project came to a halt, with payments freezing. Besides this, Indian Oil Corporation (IOC) and Oil India have also…

Mumbai: Engineering firm Aartech Solonics Ltd has secured major orders in the last three months from leading power infrastructure players in the country despite concerns regarding the fire at its Mandideep facility. The new contracts have helped the company expand its reach beyond the domestic market, while helping it secure high-value orders in its power system protection solutions. The new orders have come from: Indian Oil Corporation (IOCL), for its High Speed Bus Transfer (HSBT) system for its Paradip facility. Punjab State Power Corporation(PSPCL), for a high voltage substation and transformer panels. Chhattisgarh State Power Transmission Co, for its first…

Mumbai: The International Finance Corporation (IFC), a leading global development institution focusing on growing private sector investments in emerging markets and a member of the World Bank Group, has signed an agreement to invest in HDFC AMC’s  Structured Credit Fund-I, aiming to expand credit access to mid market companies. The Category II AIF, will improve access to finance for underserved mid market companies by providing them with alternative debt financing that supports job creation, and product innovation. To help strengthen India’s private credit ecosystem, the IFC will contribute about ₹ 220 crore to the fund, which has already raised ₹1,290…

New Delhi: Foreign Institutional Investors (FIIs) who have been exiting from Indian equities in 2025, could return to Indian equities based on increasingly lucrative opportunities in capital intensive sectors, a report by Antique Stock Broking has said. This could renew interest in Indian equities for foreign investors, who pulled out a record ₹2.09 lakh crore this year. According to the report, sectors such as banking, infrastructure and consumption could offer FIIs the potential for the returns they expect, provided the companies adopt AI as per latest global practices. Banking stocks have seen improved asset quality lately, with stabilised credit costs,…

New Delhi: India’s leading thermal energy player Coal India has filed the Red Herring Prospectus (RHP) for its subsidiary Bharat Coking Coal Limited (BCCL), offering to divest 46.57 crore shares in a fully OFS issue. As per the RHP, the company’s main objective is to achieve the benefits of listing on the stock exchange and provide enhanced liquidity for the share market in India. However, the company hasn’t disclosed the issue size or valuation yet, even as this one remains one of the most anticipated PSU IPOs of the year. BCCL, currently wholly owned by Coal India, is the largest…