EKI Expands into India’s Power Markets with 25-Year CERC Electricity Trading Licence
New Delhi: EKI Energy Services Ltd., a leading carbon credit developer and supplier globally, today announced that it has been granted a Category-IV Inter-State Electricity Trading Licence by the Central Electricity Regulatory Commission (CERC), enabling the company to undertake inter-state trading of electricity across India for a period of 25 years. The licence marks a […]
Loom Solar’s Hybrid Inverter and Battery System to Help Bihar Households Cut Evening Electricity Bills
New Delhi: Addressing the Bihar’s electricity regulator, the Bihar Electricity Regulatory Commission (BERC), Time-of-Day (ToD) pricing for over 8.7 million smart prepaid meter households across the state, Loom Solar (Loom), one of India’s leading solar technology manufacturers, has responded with a purpose-built solution: the Fusion Hybrid Inverter paired with the CAML LiFePO4 Battery Energy Storage […]
Tractors India Declares Financial Results for FY26; Operational Income for FY26 Grows to ₹ 323.25 Cr Against ₹ 315.28 Cr for FY25
Kolkata: Tractors India Limited (TIL), India’s leading material handling and infrastructure equipment manufacturer, today announced its Q4FY26 and full year FY26 financial results. The year marks a decisive strategic transition in TIL’s performance trajectory — While FY26 profitability remained impacted by financing costs, currency pressure, and one- time settlement expenses, core machine sales and operational […]
Tolins Tyres Announces Financial Results; FY26 Revenue Crosses ₹327 Crore
New Delhi: Tolins Tyres Limited (“Tolins” or “Company”), a leading player in the Tyre & Treads industry, today announced its audited financial results for the quarter and year ended March 31st, 2026. Financial & Operational Highlights for the quarter ended March 2026: Revenue from Operations stood at ₹77.99 crore in Q4 FY26 as compared to […]
REC Signs MoU with ERDA to Strengthen Quality Assurance under RDSS
New Delhi: REC Limited, a Maharatna CPSE under the Ministry of Power, Government of India, signed a Memorandum of Understanding (MoU) with the Electrical Research and Development Association (ERDA) on Wednesday at SCOPE Complex, New Delhi, to strengthen quality testing and assurance mechanisms for materials deployed under the Revamped Distribution Sector Scheme (RDSS). The MoU was […]
Financial Results: IndoStar Capital Q4FY26 disbursements jump to ₹1,306 crore
Mumbai: IndoStar Capital Finance, a middle-layer non-banking finance company (NBFC) registered with the Reserve Bank of India, announced its financial results for the quarter and the year ended March 31, 2026 on May 27th, 2026. IndoStar is a retail NBFC focused on secured lending across Vehicle Finance (VF) and Micro Loans Against Property (M-LAP), targeting […]
Lupin Receives EIR From US FDA For Its Ankleshwar Facility
Mumbai: Global pharma company Lupin Limited (Lupin) today announced that it has received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (US FDA) for its Ankleshwar facility in Gujarat, India, following closure of a product- specific Pre-Approval Inspection from March 2 to March 7, 2026. Nilesh Gupta, Managing Director, Lupin, […]
Vedanta Secures Highest Credit Rating in Over a Decade Following ICRA Upgrade to AA+
New Delhi: Vedanta Group has received its highest domestic credit rating in over a decade after ICRA, an affiliate of Moody’s, upgraded the long-term ratings of key group entities to AA+. This reinforces confidence in the group’s strong operational performance along with its robust financial profile and structural efficiencies post-demerger. ICRA upgraded the long-term ratings […]
World Energy Investment Report: Impacts of Middle East conflict set to reshape energy investment plans as disruptions put focus on security
New Delhi: The far-reaching effects of the conflict in the Middle East are prompting countries and companies to rethink energy investment strategies in response to heightened concerns over energy security and the reliability of trade flows, according to a new IEA report. The 2026 edition of the IEA’s annual World Energy Investment report highlights […]
CDSCO approves Wockhardt’s ZAYNICH antibiotic for complicated urinary tract infections
Mumbai: Wockhardt Ltd. today announced that the Central Drugs Standard Control Organisation (CDSCO) has granted authorization for the import and marketing of its indigenously discovered and developed, first-in-class breakthrough antibiotic, Zaynich® (Zidebactam / Cefepime) in India. The approval is for the treatment of adult patients (≥18 years) with complicated urinary tract infections (cUTI), including pyelonephritis, […]