Infrastructure major L&T announced its wholly owned subsidiary, L&T Power Development, has agreed to sell 100 per cent stake in Nabha Power Ltd (NPL), which owns and operates the 1,400 megawatt Nabha power plant in Punjab, to Torrent Power for Rs 3,660 crore.

L&T said in a statement the divestment is a value-driven monetisation exercise and the transaction is aligned with L&T’s broader strategy to exit the development projects business.

India is hosting the "Maha Kumbh" of artificial intelligence, with world leaders, startups, innovators and researchers gathering here for the five-day AI Impact Summit, Union Minister Jitin Prasada said on Monday.

The Minister of State for Electronics and Information Technology said the outcomes of the summit are being deeply watched not only in India but across the world.

The Rouse Avenue Court on Monday formally framed charges against former Railway Minister Lalu Prasad Yadav and former Bihar Chief Minister Rabri Devi in the Land-for-Job CBI case.

Lalu Prasad Yadav and Rabri Devi appeared before the court, denied the charges, and stated they would face trial.

Using its powers under the electoral law, the Election Commission has suspended seven officials, deployed as assistant electoral registration officers (AEROs) in West Bengal, with immediate effect for serious misconduct, dereliction of duty and misuse of statutory powers in connection with the ongoing special intensive revision (SIR) process in the state.

Travel tech platform EaseMyTrip on Monday said it plans to raise up to ₹500 crore in capital to support expansion across high-potential segments, particularly in hotels and holidays.

The Board has approved, in principle, a proposal to raise funds through the issuance of equity shares and/or other eligible securities, subject to requisite approvals, EaseMyTrip stated.

Microsoft founder Bill Gates arrived in Andhra Pradesh on Monday and was welcomed by IT Minister Nara Lokesh at Gannavaram Airport along with senior cabinet colleagues.

Accompanied by Andhra Pradesh ministers, Gates proceeded to the state Secretariat for discussions on strengthening cooperation in health, agriculture, education and technology-driven governance initiatives.

Kerala on Friday became the first state in the country to frame a comprehensive Urban Policy, laying out a long-term development roadmap as it moves rapidly towards an urban future.

The policy envisions Kerala in 2050 as "a continuous network of climate-smart cities and towns, ensuring scientific planning and good governance."

The United States has issued a general licence to India's Reliance Industries Ltd that will allow ​the refiner to buy Venezuelan oil directly without violating sanctions, ​two sources familiar with the matter said.

Following the US capture of Venezuelan President ‌Nicolas Maduro earlier this month, US officials said Washington would ease sanctions imposed on Venezuela's energy industry to facilitate a $2 billion oil supply deal between Caracas and Washington and an ambitious $100 billion reconstruction plan for the country's oil industry.

Jindal Stainless has partnered with the Indian Railways to manufacture stainless steel salt containers in the country.

The integration of stainless steel into salt transport logistics marks remarkable milestone indicating growing consumption of corrosion free value-added steel in the Railways industry, Jindal Stainless said.

Leader of Opposition Rahul Gandhi on Friday met leaders of farm unions from across the country in Parliament House complex during which the need for a nationwide movement to oppose the India-US interim trade deal as well as safeguarding the livelihoods of farmers and farm labourers was discussed.

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