Ola Electric Signs MoU with Axis Energy to Expand Utility-Scale Energy Storage

New Delhi: Ola Electric Mobility Limited today announced that it has signed a Memorandum of Understanding (MoU) with Axis Energy outlining the potential deployment of up to 20 GWh of battery energy storage systems by 2032. The MoU is the first large-scale partnership for Ola Mahashakti, Ola’s forthcoming energy storage platform for commercial, industrial and utility-scale applications, scheduled to launch on 15 August. The partnership is an early demonstration of the scale of demand Mahashakti can address. It establishes utility-scale BESS as a significant new growth avenue for Ola. Axis

Nation

RHI Magnesita and Khemka Refractories Launch MINPRO Following Completion of Joint Venture

Gurugram: RHI Magnesita, the global leading supplier of refractory products, systems, and solutions, today announces the successful completion of its previously announced joint venture with Khemka Refractories Pvt. Ltd. The

Nation

Tata Power Targets 30 Lakh Consumers for Rooftop Solar & Battery Storage by 2029

New Delhi: As India celebrates its 79th Independence Day, Tata Power is empowering consumers with a new form of freedom – energy independence. Bringing together Rooftop Solar and Battery Storage

Nation

CBI Court Sentences former Railway Engineer to Four Years Rigorous Imprisonment in Bribery Case

New Delhi: The CBI Court, Lucknow, today convicted and sentenced the accused Girijesh Kumar Gaur, the then Assistant Divisional Signal & Telecommunication Engineer (ADSTE), North Central Railway, Banda, UP to

StarlinePS Enterprises Invests ₹160 Crore in Celloraa Energy

Reforms required in Uttar Pradesh Urban Planning and Development Act,1973

India’s Middle East Policy: ‘4Ds and 4Es’ Strategy; Strait of Hormuz Closure ‘Not Acceptable,’ Says Former Diplomat and NTPC Director Anil Trigunayat

energy

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ONGC Declares Q1 FY’27 Results; Net Profit Surges to ₹ 17,034 Cr

New Delhi: ONGC Board of Directors, in its 413th meeting held on 4th August 2026, approved the results for First Quarter (Q1) of FY 2026-27. Financial Performance (Standalone) Particulars

Energy

NHPC Sets New Record with Highest-Ever Single-Day Power Generation of 169.34 MU

New Delhi: National Hydroelectric Power Corporation Limited (NHPC) has achieved a new milestone by recording its highest-ever single-day power generation of 169.34 Million Units (MU) on Sunday. Bhupender Gupta, CMD,

Energy

Q1 Results: IREDA Posts 37% Jump in Net Profit to ₹337 Crore, NPAs Down to 1.23%

New Delhi: Indian Renewable Energy Development Agency Ltd. (IREDA) has announced its Un-audited Standalone and Consolidated financial results for the Quarter ended 30th June 2026, showcasing significant growth across several

India Ratings Upgrades Transrail’s Long-Term Credit Rating to IND AA-; Outlook Stable

Jupiter Wagons and Lucchini RS Forge Strategic India-Italy Railway Partnership to Build India’s First Fully Integrated Private-Sector Railwheel Manufacturing Platform

DLF announces Financial Results for Q1FY27

BANKING AND FINANCE

Banking and Finance

SBI Card and Google Pay Launch Co-Branded Google Pay Flex SBI Card

New Delhi: SBI Card and Google, jointly announced the launch of ‘Google Pay Flex SBI Card’ as part of the Flex by Google Pay offering. The Google Pay Flex SBI

Nation

Delhi High Court Orders Winding Up of Paytm Payments Bank Limited

New Delhi: The Delhi High Court has ordered the winding up of Paytm Payments Bank Limited (PPBL). The Reserve Bank of India (RBI) canceled its banking license under Section 22(4)

Banking and Finance

Canara Bank Announces Financial Results; Global Business Up by 14.37% YoY

New Delhi: Canara Bank has announced its financial results for the quarter ended 30 June 2026. The company reported its global business up by 14.37% YoY, Global Deposit up by

Torrent Pharma Announces Q1 FY27 Results

Gland Pharma Gets USFDA Approval for Sugammadex Injection Single-Dose Vials

Alembic Pharmaceuticals Limited receives USFDA Final Approval for Prucalopride Tablets, 1 mg and 2mg

FMCG AND AGRICULTURE

FMCG & Agriculture

Aether Industries Partners with Dow India to Develop Advanced Silicone Manufacturing Technologies

New Delhi: Aether Industries Limited, one of India’s leading specialty chemical manufacturers and provider of contract research and manufacturing services (CRAMS), and Dow Chemical International Pvt. Ltd. (Dow India) today

Top News 1

NABARD signs MoU with MAHAPREIT to Accelerate Green Infrastructure in Rural India

Mumbai: NABARD and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT), a Government of Maharashtra enterprise, signed an MoU to finance and promote green, climate-resilient and sustainable infrastructure across

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Rossari Biotech Announces Q1 FY27 Financial Results

Mumbai: Rossari Biotech Limited (Rossari), a Specialty-Chemicals manufacturer providing intelligent and sustainable solutions for customers across industries, has announced its financial results for the quarter ended June 30, 2026. Consolidated:

Ola Electric Signs MoU with Axis Energy to Expand Utility-Scale Energy Storage

Hyundai Motor India Achieves Highest-ever Total Monthly Sales of 75,360 Units in July 2026

Maruti Suzuki Vehicle Sales Cross 241,000 Units in July 2026

TECH AND STARTUPS

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Persistent Achieves $452.4M Revenue in Q1 FY27 with 16.1% YoY Growth

New Delhi: Persistent Systems today announced its audited financial results for the quarter and year ended June 30, 2026, as approved by the Board of Directors. Sandeep Kalra, Chief Executive

Tech & Startups

InfoBeans Sustains Growth Momentum in Q1 FY27, Reporting Significant Gains in Revenue and Profitability

Greater Noida: InfoBeans Technologies Limited (NSE: INFOBEAN, BSE: 543644), a leading global AI-driven digital transformation firm, announced its financial performance for the first quarter of the fiscal year 2026-27 on Wednesday.

Tech & Startups

Pace Digitek’s Subsidiary LPPL and MEGMEET Expands Strategic Cooperation to Support AI Data Center Power Infrastructure Capabilities in India

Bengaluru: Pace Digitek Limited, through its subsidiary Lineage Power Private Limited (LPPL), has entered into a strategic cooperation agreement with MEGMEET Electrical India Private Limited. Building on a business relationship