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Mumbai
460 posts
Tata Power and BPCL plan Rs 250cr Mumbai grid upgrade for Rs 14,203cr refinery project
The Tata Power Company Limited and Bharat Petroleum Corporation Limited have agreed to develop a framework for 110 kV electricity infrastructure serving a major refinery processing project, with an estimated combined investment of â‚ą250 crore over approximately 24 months.
Piramal Pharma (NSE: PPLPHARMA) jumps 17%. Why is profit only Rs 5cr?
Piramal Pharma shares surged after a surprise return to quarterly profitability, 28% revenue growth and an upgraded FY2027 outlook. But high tax expenses, rising debt and a first-half loss raise a crucial question about how much of the operating recovery can reach shareholders.
Fourth Partner Energy secures Rs 750cr for Maharashtra solar, wind and 750 MWh battery project
Fourth Partner Energy has secured financing from Tata Capital Cleantech Finance for a large hybrid renewable electricity development in Maharashtra, combining solar, wind and storage while customer commitments and project financing economics determine future cash generation.
HDFC Bank growth improves as margin and CEO tests converge
HDFC Bank's Q2 loan and deposit growth strengthened while asset quality improved, but net interest margin remains compressed and a CEO transition begins October 27. With the shares close to their 52-week low, profitability rather than balance-sheet growth is becoming the key valuation test.
Why does Kaizad Bharucha’s exit matter just as HDFC Bank brings in its first external CEO?
HDFC Bank is entering one of its most consequential leadership transitions in years as Anup Bagchi prepares to become CEO and veteran deputy managing director Kaizad Bharucha exits after three decades.
Tata Power targets 2.8 GW data-centre opportunity pipeline as Rs 15,000cr Mumbai grid plan advances
Tata Power's expanding engagement with major data-centre operators creates new opportunities across electricity supply, transmission and integrated energy services, but commercial conversion and infrastructure spending will determine the earnings impact.
LTM Q2 revenue rises 13.6% as AI business grows 47%, but new deal bookings fall 21%
LTM Limited reported â‚ą11,808 crore in quarterly revenue and 47% growth in its AI business, but weaker order inflows and flat net profit raise questions about the sustainability of its IT services recovery.
Technip Energies wins up to €500m HPCL refinery contract as India targets higher-value lubricants
Technip Energies has secured a major engineering and construction contract at Hindustan Petroleum Corporation Limited's Mumbai refinery, strengthening its Indian project portfolio as the company works to rebuild project-delivery profitability.
Marco Rubio to visit India as Trump trade tensions and Russian oil dispute intensify
US Secretary of State Marco Rubio is preparing for a five-day trip to India and Uzbekistan beginning October 17, including scheduled stops in Mumbai and Jamnagar. Energy cooperation is a central theme as Washington and New Delhi navigate stalled trade talks, tariff pressures and disagreements over Russian oil purchases.
Kolte-Patil (NSE: KOLTEPATIL) Q2 sales jump 52% to Rs 1,019cr, but one Pune launch drives 60% of bookings
Kolte-Patil Developers Limited has reported record quarterly sales and 33% higher collections, supported by a â‚ą616 crore Pune project launch. Its â‚ą6,000 crore Mumbai redevelopment pipeline offers further growth potential, although broader housing demand remains uneven.