Homeland Group and VRC acquire two prime land parcels in Mohali via GMADA auction, planning large mixed-use projects with premium residential and commercial spaces

real estate, realty firms

Business Standard

Homegrown power giant NTPC has signed an agreement with UK-based Octopus Energy Group to explore business opportunities in various segments, including electricity distribution and storage.
The memorandum of understanding (MoU) was signed by Jatinder Singh Chandok, Head International Business Development, NTPC, and Chris Fitzgerald, Group Director, International Affairs, Octopus Energy, on the sidelines of Bharat Electricity Summit 2026 in the national capital.
The collaboration will explore opportunities across India, the UK and other mutually agreed geographies with a focus on enhancing efficiency, affordability, reliability, and clean energy adoption, NTPC said.
The MoU establishes a non-binding frameworkfor cooperation aimed at identifying, assessing, and pursuing opportunities in electricity distribution and retail, renewable energy and storage, electric vehicle (EV) charging infrastructure, digital energy platforms, innovation, research & development and capacity building.

power, energy

Homegrown power giant NTPC has signed an agreement with UK-based Octopus Energy Group to explore business opportunities in various segments, including electricity distribution and storage.

Press Trust of India

India condemns attacks on energy infrastructure in West Asia, flags risks to LNG and fertiliser supplies, and moves to diversify sourcing to ensure energy security

The brand name will be tagged with the name of the scheme under which the government grants subsidy to the fertiliser manufacturers

fertiliser, agriculture

Union Health Ministry directs research bodies to refrain from informal data sharing and collaborations with foreign agencies without prior approval from competent authorities

Health ministry

PM Modi invites global investors to India's power sector, which needs $2.2 trillion over two decades to support energy transition and infrastructure expansion

Prime Minister Narendra Modi

Odisha reports traces of gold, diamond and ruby across districts, with detailed exploration and viability studies underway to assess potential mining prospects

mining

Firms may shift to doctor outreach, CME programmes and patient support initiatives as CDSCO bars advertising of GLP-1 drugs ahead of semaglutide patent expiry

Pharma

Skoda Auto India targets 10-12% growth in 2026, outpacing the market, even as West Asia tensions and rising oil prices pose risks to demand and supply chains

Ashish Gupta, Brand Director, Škoda Auto India

The disruption comes at a time when India's car demand is soaring to record levels, with sales expected to cross 4.5 million units in the current fiscal year to March 31

carmakers, auto industry

Italian supersports carmaker Automobili Lamborghini will not get any benefit from the India-EU free trade pact as plug-in hybrids are not included but there is hope that it could be covered under the deal in future, according to its Chairman and CEO Stephan Winkelmann.
Automobili Lamborghini, which sells super luxury models -- Urus SE, Temerario and Revuelto -- in India with prices ranging from Rs 4.47 crore to Rs 8.70 crore (ex showroom), expects a stable growth in Indian market having crossed the 100 units a year milestone, Winkelmann said in an interaction.
"There is bad and good news. So the fact that there is this signing between India and the EU to reduce the tariffs is a good sign. But unfortunately this is not affecting our type of cars because it is for internal combustion engine cars and not for plug-in hybrids. We have all plug-in hybrids," he said.
Winkelmann was responding to a query on the company's prospects in India following the signing of India-EU FTA.
"So we are 

Lamborghini

Last year Lamborghini closed again with over 100 cars in India, he said, adding, our forecast is to, so far with the knowledge I have today, have a stable situation in the Indian market

Two- and three-wheeler vehicles now make up the bulk of avoided road fuel use due to the fast rise of electric motorbikes, especially in developing nations

electric vehicle

Bloomberg

Compared with last year's Budget, the Union Budget 2026-27 builds on the credit framework while moving decisively towards equity funding, market-linked liquidity, and structured compliance support

MSMEs

TNC Rajagopalan answers SME queries related to GST, export and import matters

export

Union Minister H D Kumaraswamy unveiled third round of speciality steel PLI scheme with relaxed thresholds, updated pricing benchmarks, and wider MSME participation to boost steel manufacturing

H D Kumaraswamy (Photo: X/@hd_kumaraswamy)

Base year revised, thresholds relaxed to reflect current market trends

Trade expert cites FTP Para 1.08 and CBIC circulars requiring that export consignments not be detained beyond three days, and clarifies documentation norms under the Advance Authorisation scheme

trade

HDFC Bank chairman Atanu Chakraborty quits citing ethical concerns, as spotlight turns on governance and trend of former bureaucrats leading private sector banks

HDFC Bank

Keki Mistry takes charge as interim chairman of HDFC Bank, assuring stakeholders on governance and integrity after Atanu Chakraborty's resignation

Keki Mistry, interim chairman, HDFC Bank, said that he would not have taken on the responsibility at the age of 71 if it did not align with his principles and the level of  integrity he expects from the bank

RBI reassures on HDFC Bank after board exit, highlighting its D-SIB status and strong governance while explaining why systemically important banks are key to financial stability

Regulator says bank remains well-capitalised with strong governance and management, approves Keki Mistry as interim chairman for three months

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