A stellar run by domestic equities in FY24 saw the market capitalization of 25 companies rise by atleast Rs 1 lakh crore in a year. Of this, 17 of them are part of benchmark Nifty 50. The Nifty has gained nearly 29% in FY24 and it also tested a lifetime high after a muted show … Read more
India plans to ask state-run Oil and Natural Gas Corp to consider launching a rights issue to help fund green projects at refining arm Hindustan Petroleum Corp, two sources said, an exercise that could raise about $1.9 billion. The comments come after India’s finance minister announced a plan this year to provide equity of 300 … Read more
Okaya EV Chargers has announced its partnership with Indian Oil Corporation Limited (IOCL) to install a total of 2,550 EV chargers across the country. As many as 362 chargers have already been set up as a part of this collaboration across over 20 states in India.The EV chargers include a range of high and low-voltage … Read more
NEW DELHI: Oil India Ltd aims to invest 165 billion rupees ($1.98 billion) in clean energy projects to meet its 2040 net zero carbon emissions goal, said two sources familiar with state-run energy companies’ net zero strategy.The companies are investing billions of dollars in projects aimed at reducing emissions as one of the world’s biggest … Read more