Ramcharan: The little-known entity that got $4.14-bn funding in RE space

US-based fund TFCC Intl picks up 46% stake in the firm at $9 bn valuation; firm plans to use some if the funds in two plants in Tamil Nadu and Gujarat, and set up EV charging infra in various cities

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India hits target of 40% power generation capacity from non-fossil sources

The country's installed renewable energy (RE) capacity stands at 150.05 GW, while its nuclear energy-based installed electricity capacity is 6.78 GW

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RBI moves NCLT Mumbai for bankruptcy proceedings against Reliance Capital

In a statement on its website, RBI said there would be an interim moratorium on and from the filing of the application till its admission or rejection by the NCLT

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Carmakers brace for a fresh round of price hikes from January 2022

Though an annual affair, chip crunch this time around is steering the price wheel

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Star Health's IPO scrapes through as investment bankers prune OFS component

The Rs 7,240-cr issue received just 79% subscription before I-bankers stepped in

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Rajasthan govt signs 125 MoUs for Rs 69,000-crore projects

The Rajasthan government has signed multiple memorandum of understandings (MoUs) attracting proposed investments worth around Rs 69,000 crore, Rajasthan Industries Minister Shakuntala Rawat said on Wednesday.

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OECD cuts global GDP forecast amid Covid-19 variant concerns

Global growth is set to hit 5.6% this year before moderating to 4.5% in 2022 and 3.2% in 2023, the Organisation for Economic Cooperation and Development said

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India's November rainfall highest for a month in five years, says IMD

It recorded 11 extremely heavy rainfall (more than 204.5 mm) events in the month, equalling the number reported last year.

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