Ambani: Reliance wants to dominate AI; India will cut energy imports
Reliance Industries Chairman Mukesh Ambani projected India will import less than 20% of its energy within a decade. Addressing a JioBlackRock event, he detailed Reliance’s pivot to becoming an AI-native deeptech firm, anticipating a tenfold productivity boost. Ambani also stressed that sustained law and order and social harmony are critical…
The merger of Aster DM Healthcare and QCIL creates a top three Indian hospital chain with rapid expansion
Aster DM Healthcare and Quality Care India Limited (QCIL) have made announcements regarding the progress of the merger, forming one of the top three hospital chains in India, ‘Aster DM Quality Care Limited’, with more than 10,625 beds. The combined entity on a proforma basis showed strong revenue growth of…
Sales at Suraj Estate Developers Rise, but EBITDA Falls Amid Mumbai Expansion
Suraj Estate Developers reported a strong Q3 FY’26 with commercial sales rising 137% YoY to INR 253 crores, led by the Suraj One Business Bay launch. The company is also expanding its presence in Mumbai by acquiring new land and expecting favorable impacts from changes in redevelopment policies. Although the…
A huge 600 MW energy storage deal is secured by NLC India Arm
NLC India Renewables Limited (NIRL) has received a Letter of Award (LOA) from SECI for a 600MW coupled with 300 MW / 1800 MWh Energy Storage System (ESS). The contract includes a 25-year Power Purchase Agreement (PPA), which is an added strength to NLC India’s portfolio in the highly important…
