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ReNew kicks off work for Rs 22K cr green energy complex in Andhra Pradesh

ReNew kicks off work for Rs 22K cr green energy complex in Andhra Pradesh

Green energy major ReNew on Friday marked its re-entry into Andhra Pradesh after six years, with a Rs 22,000 crore investment to develop the country’s largest single-site renewable energy complex in Anantapur.

The groundbreaking ceremony for the 4.8-gigawatt project (including solar, wind, and battery energy storage) was conducted by state industries minister Nara Lokesh. This comes a day after the State Investment Promotion Board (SIPB) cleared 19 new industrial projects worth Rs 33,720 crore.

'Operation Sindoor not over, was just a trailer', says Rajnath Singh

'Operation Sindoor not over, was just a trailer', says Rajnath Singh

Defence Minister Rajnath Singh on Friday praised the Indian Air Force for the precision and swiftness of its strikes under Operation Sindoor, calling it a symbol of India’s growing military prowess. He warned Pakistan that the operation was only a “trailer” of what India is capable of.

During his visit to Gujarat's Bhuj airbase, Singh said, "Operation Sindoor is not over yet. Whatever happened was just a trailer. When the right time comes, we will show the full picture to the world."

Singapore's Singtel sells 1.2% stake in Bharti Airtel for $1.54 billion

Singapore's Singtel sells 1.2% stake in Bharti Airtel for $1.54 billion

Singapore Telecommunications Ltd (Singtel) has sold a 1.2 per cent direct stake in Bharti Airtel for S$2 billion (approximately $1.54 billion), resulting in an estimated gain of S$1.4 billion, the company said in an exchange filing.

The sale was executed through Pastel, a wholly owned unit of Singtel, which offloaded 71 million Airtel shares at ₹1,814 per share. The transaction was priced at a 2.85 per cent discount to Airtel's closing stock price on Thursday.

JSW nears deal to buy 75% stake in Dulux paints maker AkzoNobel India

JSW nears deal to buy 75% stake in Dulux paints maker AkzoNobel India

Sajjan Jindal-promoted JSW Group looks set to acquire a 75 per cent stake in Dulux paints maker AkzoNobel India from its Dutch parent in a deal valued at approximately ₹12,000 crore, according to a person familiar with the matter.

It marks JSW’s latest strategic push into the consumer-facing paints segment, where it is aiming to build scale in a market witnessing heightened competition.

IndusInd Bank fiasco: ₹674 cr wrongly booked as interest in MFI biz

IndusInd Bank fiasco: ₹674 cr wrongly booked as interest in MFI biz

IndusInd Bank on Thursday disclosed to the exchanges that a review of the bank’s microfinance business by the internal audit department (IAD) has found an incorrect recording of ₹674 crore as interest income over three quarters of FY25. The amount was fully reversed as of January 10.

The bank has also informed the exchanges that pursuant to receipt of a whistleblower complaint, the audit committee asked the IAD to review transactions recorded under “other assets” and “other liabilities”.

54 people killed in overnight airstrikes on Gaza's Khan Younis city

54 people killed in overnight airstrikes on Gaza's Khan Younis city

A hospital in southern Gaza says 54 people have been killed in overnight airstrikes on the city of Khan Younis.

An Associated Press cameraman in Khan Younis counted 10 airstrikes on the city overnight into Thursday, and saw numerous bodies taken to the morgue in the city's Nasser Hospital.

Tata Motors ties up with Vertelo to offer leasing for electric CVs

Tata Motors ties up with Vertelo to offer leasing for electric CVs

Tata Motors on Thursday said it has partnered with electric mobility solutions provider, Vertelo for customised leasing solutions for electric commercial vehicles and to help fleet owners transition to sustainable mobility.

The two companies have signed a Memorandum of Understanding (MoU) to offer attractive leasing solutions applicable to the entire Tata Motors electric commercial vehicle portfolio, Tata Motors said in a statement.

Trump says India offered a trade deal with 'zero tariffs' on US goods

Trump says India offered a trade deal with 'zero tariffs' on US goods

US President Donald Trump has said that India has proposed zero tariffs on American goods as part of efforts to strike a new trade agreement with Washington. Speaking at a business gathering in Qatar, Trump claimed that India was “willing to literally charge us no tariff” on US exports, though he did not elaborate on the terms or sectors covered by the reported offer.

Trump has floated this idea before, however, the Government of India has not made any comments on Trump's remarks.

Donald Trump tells Apple's Tim Cook not to manufacture iPhones in India

Donald Trump tells Apple's Tim Cook not to manufacture iPhones in India

US President Donald Trump asserted that he spoke to Apple Inc CEO Tim Cook in Doha, Qatar and told him there is no need to construct factories in India unless it is to serve that market specifically.

“I had a little problem with Tim Cook yesterday,” Trump said of his conversation with the Apple chief executive in Qatar, where he is on a state visit.

PV sales rise 3.9% in April; two-wheelers down 16.7% on high base

PV sales rise 3.9% in April; two-wheelers down 16.7% on high base

Passenger vehicle wholesales got off to a positive start in fiscal 2025–26, registering nearly 4 per cent growth in April to 348,847 units.

Data released by the Society of Indian Automobile Manufacturers (SIAM) showed that two-wheeler performance disappointed in April — dropping by 16.7 per cent to 1.45 million units.

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