Sudheer Pal Singh

Adani Ports Q2 profit rises 18% to ₹3,682 crore, raises FY27 guidance

Adani Ports reported an 18 per cent rise in Q2FY27 net profit to Rs 3,682 crore and 24 per cent revenue growth, prompting it to raise its FY27 revenue, Ebitda and capex guidance.

Vedanta Q2 net profit jumps 151% to ₹6,202 crore, revenue rises 57%

Vedanta reported a 151 per cent jump in Q2FY27 net profit to Rs 6,202 crore, while revenue rose 57 per cent to Rs 25,812 crore and Ebitda reached a record Rs 9,938 crore during the quarter.

L&T Q2 profit jumps 33% to ₹5,202 cr, order inflow at ₹1.47 trillion

Infrastructure major L&T reported 16% revenue growth to Rs 78,750 crore in Q2 FY27, while its consolidated order book reached Rs 8.53 trillion, with 54% from international orders

Venezuelan crude offers Reliance margin boost, but supply is a hurdle

Marco Rubio's meeting with Mukesh Ambani has revived interest in Venezuelan crude, but limited supply and strong global refining margins could constrain Reliance's advantage over rivals

L&T secures ₹5,000 crore-plus orders for Dhaka Metro Line 1 systems

The company will execute key track and electrical packages for Bangladesh's first underground metro project, along with Sumitomo Corporation

Coal India spends ₹7,996 crore in H1 FY27, exceeds capex target by 9%

The state-owned miner achieved 109 per cent of its first-half capex target, with mine infrastructure, land acquisition, machinery and diversification driving spending

State power playbook: New scheme to improve renewable energy transmission

A new central government scheme seeks to strengthen renewable energy transmission within states

Jindal Stainless Q2FY27 net profit rises 11% to ₹898 cr, revenue up 18%

Jindal Stainless reported an 11 per cent rise in Q2FY27 net profit to Rs 898 crore, supported by higher sales volumes, strong exports and demand for value-added products

Low coal stocks may impact ability to meet power demand surge: ICRA

Coal stocks at power plants stood at just six days against the 19-20-day norm, raising concerns over supply buffers as ICRA forecasts 8.5 per cent electricity demand growth in FY27

Coal gasification could help India avoid ₹1.96 trillion imports: A&M

Domestic production of gasification-linked products could reduce imports of natural gas, urea, ammonia and methanol while supporting new industrial clusters and jobs

Adani Green Energy Q2 profit grows 16% to ₹747 crore, income up 39%

Adani Green Energy reported a 39% rise in total income to Rs 4,520 crore in Q2FY27, driven by capacity expansion and strong operational performance across its renewable energy sites

Newsprint manufacturers' body seeks PM intervention to resolve coal crisis

Industry body INMA flags irregular coal dispatches, rising production costs and supply disruptions, urging implementation of the 75:25 coal allocation ratio for power and non-power sectors

Polysilicon support scheme receives FinMin's in-principle approval

Finance ministry clears proposed scheme in principle; Cabinet nod awaited

Power ministry launches framework for digitalisation of distribution sector

The CEA framework sets out a five-year roadmap for discoms to adopt smart meters, GIS and AI-based systems, aiming to cut losses, improve reliability and strengthen cyber security

HERC grants parallel distribution licence to Eleven Power for Gurugram, Nuh

Over 830,000 consumers will get a choice of electricity supplier as Eleven Power builds its network, with Rs 4,717 crore investment planned and supply expected from 2027-28

Govt to launch AgriPV support scheme, 5 GW capacity possible: MNRE secy

The proposed central scheme aims to bridge the 25-30% higher cost of AgriPV projects, with capacity addition depending on states notifying feed-in tariffs, says MNRE Secretary

Canadian subsurface engineering firm VZFOX set to enter Indian market

The subsurface engineering firm plans a five-member Bengaluru team and will focus on mature-field revitalisation, reservoir optimisation, EOR, IOR and carbon-storage projects

Odisha needs ₹1.1 trn to expand renewable energy, storage and grid infra

The state needs to add 10.7 GW of renewable capacity by 2035-36, along with pumped storage, battery storage and transmission upgrades, an IEEFA report said

GEC-III opens door to competitive bidding for state power transmission

The Rs 1.86 trillion GEC-III scheme aims to strengthen intra-state transmission networks and battery storage, while using competitive bidding to reduce costs and improve renewable energy evacuation

NTPC invites EoI from firms to invest 26% equity in cogeneration projects

The initiative aims to develop co-generation facilities to meet industrial requirements for steam and electricity through integrated energy supply solutions