Map apps to alert drivers of accident-prone stretches, display speed limits

ReNew plans to sell its hydropower unit for approximately ₹1,000 crore. This move aligns with the company’s asset recycling strategy for new projects. The unit, acquired from Larsen & Toubro, houses projects in Uttarakhand. Several firms engaged in hydropower generation are likely to be approached. ReNew is recovering from a failed bid to go private…

More than 100 Indian equity mutual funds doubled investors’ money over five years, but experts caution against chasing past winners. While sectors such as defence, infrastructure and PSUs delivered stellar returns, recent performance has weakened. Fund managers recommend diversified equity funds over concentrated sector bets, citing attractive valuations and long-term opportunities despite near-term market volatility.

The IC Electricals IPO received an overwhelming response from investors, with the public issue being subscribed 420.09 times by the close of bidding.