Page 12 - Amritha Pillay

Dalmia's deal to buy Jaypee Cement assets lingers with arbitration

The deal, since inception, has been riddled with concerns, which possibly prompted Dalmia Cement to execute it in three parts

Electoral bonds data: Metal, mining giants focus on home ground Odisha

For Vedanta, All India Congress emerged as the second most donated party at Rs 125 crore, followed by BJD at Rs 40 crore

Mahanagar Gas legally challenges infrastructure exclusivity expiry notice

City-gas distributor to apply for a 10-year extension to continue its infrastructure exclusivity in Mumbai

US graft probe into unrelated third party, says Adani Green Energy

Company added it has no relationship with the third-party and has not received any notice itself

Competition status quo to stay amid PNGRB notice: Industry experts

Petroleum and Natural Gas Regulatory Board (PNGRB) in a public notice said the infrastructure exclusivity granted to geographical areas in Mumbai and Greater Mumbai have expired

Infra companies among top electoral bond donors: Election Commission

Cement majors donated Rs 233 crore; in mining and metals, Vedanta, Aditya Birla Group also figure among top 10

Expansion, AI campus, green hydrogen plans on cards for Linde in India: CEO

Linde talks about the global chemical company's blueprint for India, which ranges from an AI campus and more manufacturing facilities

L&T wins Rs 5,000 crore major onshore gas pipeline project in West Asia

This is the largest cross-country pipeline EPC (Engineering, Procurement, and Construction) project awarded to us to date, said Subramanian Sarma, whole-time director and senior executive vice prez

Mumbai gets its first coastal road, to open for people on Tuesday

Currently the 10.5 km long road will be open for traffic only on weekdays from 8 am to 8 pm

Rs 2.5 trn smart metering play has Adani, Tatas walking different paths

Installation of 25 crore meters is estimated to offer Rs 2.5 trillion revenue opportunity

CRISIL raises India's GDP growth forecast to 6.8% from 6.4% for FY25

On the inflation front, Crisil expects softening to continue in the next fiscal on the back of healthier agriculture output that tames food inflation, and benign oil and commodity prices

Aluminium makers race to cut costs through green power, captive mining

Ramp up in captive coal production could also help National Aluminium Company, known to be one of the lowest-cost producers of alumina, to register further reduction in costs

Adani Power receives creditors' approval for Lanco Amarkantak Power buy

The thermal power producer is planning to aggressively expand its capacity, and this is the company's second acquisition under the insolvency resolution process in the financial year

Shift in copper market dynamics: Changing fortune of two companies

As one incumbent struggles legally, a new entrant is planning to ramp up capacity, according to schedule

Green energy push: India's companies charge up on power policy shift

Rush to tie up green energy through open access in C&I segment after two key policy amendments last year

CG Power JV to invest Rs 7600 cr in Gujarat semiconductor facility

Facility will be financed through a mix of subsidies, equity and potential bank borrowings

Companies to see more gains as India's power demand surge continues

The power demand for the quarterly period of October-December 2023 was 10 per cent higher than the previous year

India's green hydrogen sector will need $4-12 billion support: A&M report

The firm said estimated support is driven by the need to level playing field against global suppliers who enjoy government subsidies and to enable domestic end-use sectors to transition affordably

Road EPC firms' order book shrinks as highway tendering hits slow lane

The lack of orders is neither causing worry over credit-worthiness nor dampening enthusiasm

L&T ramps up green hydrogen play, plans launch of electrolysers in Sept

During the first phase, L&T looks to supply electrolysers to a mix of Indian procurers and foreign markets, with a 70:30 ratio, Shah said