Author: FinSiddhi

Tripura CM reviews power issues after protests over high bills

Youth turnout at Tiranga Yatra reflects India’s unity: Neeraj

ACME Solar Holdings plans to invest ₹15,000-20,000 crore to expand its renewable energy business, with battery storage as a key focus. The company aims to deploy about 10 GWh of battery capacity this year and enter the data centre power market.

Asset reconstruction companies bought twenty-six thousand three hundred four crore rupees of bad loans. This acquisition saw a fifty-six percent increase from the previous year’s figures. The overall non-performing asset ratio in the banking system continued its downward trend. Banks have been resolving legacy stressed assets for several years now. Transactions are increasingly being settled…

A pilot is under scrutiny for substance use after a recent flight incident. Initial screening results were non-negative, requiring further confirmatory testing. Samples have been sent for analysis, and a final report is currently awaited. Aviation medicine specialists note that therapeutic treatments can also trigger such results. This follows a previous incident involving another Air…

Ironhill has acquired its US namesake through bankruptcy proceedings, creating a ₹450-crore hospitality group. The Indian microbrewery chain has invested about $7 million in the US business and plans to expand its combined network to around 43 outlets by 2030.

Government will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee and bridge the current-account gap. The meeting will also focus on deposit mobilization and supporting small businesses. Fresh foreign capital inflows will boost reserves and domestic manufacturing. Durable foreign direct investment is preferred over short-term deposits.

Britannia Industries MD Rakshit Hargave backed FSSAI’s crackdown on packaged foods and beverages, saying consumer interests should be protected. Britannia is also strengthening its regional strategy amid rising competition and plans price increases of 1.5-2% in the second quarter.

Proposed government rules may increase compliance burdens for India’s OTT industry. Platforms could need to retrofit thousands of hours of existing films and shows. These new standards will apply to websites, mobile applications, and digital content. Larger platforms have one year to comply with non-negotiable provisions. All establishments must fully meet accessibility standards within two…

Coal stocks at Indian power plants are expected to fall to 24-30 million tonnes by September-end from about 37 million tonnes currently, amid seasonal supply constraints, deficient monsoon and higher temperatures, before rebuilding from mid-November.