News

GK Energy has won a letter of award from MSEDCL for a 150 MW / 300 MWh battery storage project, expected to earn ₹42.84 crore a year for 15 years.

IOL Chemicals and Pharmaceuticals will spend about ₹495 crore to expand ibuprofen capacity to 18,000 tonnes and add a formulations CDMO and tolling plant.

Alternative fuel vehicles, including CNG, hybrid and electric models, overtook petrol cars in India’s passenger vehicle market for the first time in August, highlighting a major shift in consumer preferences.

Xiaomi India is expanding its consumer durables portfolio beyond smartphones and connected devices, entering more home appliance categories and preparing for large appliance launches. The strategy highlights growing competition in India’s smart home market, with offline retail, logistics, installation and after-sales service becoming increasingly important.

India’s retail sugar prices eased last week, dropping 3.85 per cent to ₹62.57 per kg from ₹65.08 per kg, according to data from the consumer affairs ministry. The decline follows a set of government measures aimed at cooling prices that had climbed sharply in recent months. Even with the drop, retail prices are still running […]

Bharat Petroleum Corporation Limited (BPCL) and the Centre for Science and Environment (CSE) have signed an MoU to jointly scale biofuels and circular economy initiatives, with a focus on Compressed Biogas (CBG). The partnership will cover feedstock assessment, biomass and waste management, technology pilots, market development and carbon credit opportunities. The collaboration could strengthen India’s biofuel supply chains while creating new opportunities for waste-to-energy projects and sustainable value creation.

boAt reported a 38% year-on-year increase in FY26 profit to Rs 84.5 crore despite a 4.6% decline in revenue to Rs 2,931 crore. Improved ROCE, lower inventory and warranty costs, and a debt-free cash position highlight stronger financial discipline. The company also returned its wearables business to profitability and plans to expand into projectors, personal grooming, charging solutions and other lifestyle technology categories under its “boAt 2.0” strategy. With IPO plans underway, boAt is shifting its focus from topline growth toward profitability and sustainable expansion.

Eveready Industries and Zepto have launched “Batteries for Better,” a doorstep battery collection and recycling initiative that lets customers return used household batteries through Zepto deliveries, starting in Delhi and Bengaluru.

Bikaji Foods has partnered with veteran bakery expert Thayekunni Khaleel, giving him a 30% stake in Bikaji Bakes while retaining a 70% majority stake to accelerate growth in India’s bakery and packaged foods market.

House of Makeba launches O’Vanta in Ahmedabad, an immersive dining concept that combines a seven-course vegetarian menu with synchronized light, sound, aroma and storytelling.