Premier Energies expands beyond solar with 12 GWh battery storage plant in Telangana

Premier Energies and RCT India will set up a 12 GWh battery storage facility in Telangana, with the first phase planned at 6 GWh.

Premier Energies and RCT India will set up a 12 GWh battery storage facility in Telangana, with the first phase planned at 6 GWh.

The IPO will open for anchor investors on September 16, ahead of the three-day public subscription window. The issue is scheduled to open for subscription on September 17 and close on September 21, according to the sources.

Eight companies have joined the ₹1 lakh crore market-cap club over the past year, even as the broader market has struggled. Aditya Birla Capital, Bharat Forge and Lenskart Solutions are among the names whose strong stock performance has driven valuations…

AI-driven changes are creating near-term challenges for traditional Indian IT companies as customer budgets shift towards hardware and large language models. However, UTI AMC’s Vetri Subramaniam believes the sector could benefit as enterprises move towards wider AI adoption. He also…

With Brent crude above $105 a barrel and no clear end to the US-Iran war in West Asia, concerns over supply disruptions remain a key worry for economies around the world, including India. US Treasury yields at multiyear highs are…

Neogen Chemicals has opened its QIP for institutional investors at a floor price of ₹2,189.73 per share, with the company allowed to offer a discount of up to 5%.

The August 25 merger eliminates one holding company from Bharat Forge’s German structure, with Bharat Forge Aluminiumtechnik becoming a direct subsidiary of BFGH and no change to ownership or financial statements.

The bank’s board has authorised the capital raising of up to ₹4,500 crore through AT-1 bonds and ₹4,000 crore through Tier 2 bonds.

The Fed may hike rates next week if inflation remains sticky, but tariffs, energy costs and the AI investment boom could limit the impact of higher borrowing costs.

SEBI is reworking how derivatives closing prices are set on expiry days after liquidity concerns emerged following the rollout of a new Closing Auction Session mechanism.