CleanMax raises nearly $575 million to expand solar and wind energy projects in India

CleanMax raises nearly $575 million to expand solar and wind energy projects in India

Clean Max Enviro Energy Solutions Limited on Tuesday said it has secured nearly $575 million through multi-lender transactions to expand its renewable energy projects across Rajasthan and Karnataka. The company said the financing will support around 1 GW of large-scale, Central Transmission Utility-connected renewable energy projects comprising solar and wind assets. The projects are aimed…

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Infosys near-term outlook weak, downside limited; MOFSL's Khemka positive on Fortis, renewables

Landmark Cars Q4 profit jumps over 10-fold on strong vehicle sales and aftersales growth

Landmark Cars reported a sharp rise in fourth-quarter earnings, with net profit surging to ₹15 crore from ₹1.4 crore a year earlier, driven by healthy vehicle demand, stronger aftersales performance and improved operating efficiencies. Revenue for the quarter rose 17.2% year-on-year to ₹1,278.5 crore, while EBITDA climbed 38.7% to ₹75.6 crore. EBITDA margin expanded to…

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Tata Sons holds 6-hour board meet to review turnaround plans for 5 companies

Tata Sons holds 6-hour board meet to review turnaround plans for 5 companies

The Tata Sons board convened for a nearly six-hour meeting at Bombay House on Tuesday, with five group companies presenting their business strategies and turnaround plans before the conglomerate’s top leadership. The meeting commenced at approximately 10:30 am and concluded around 4:30 pm, with Tata Sons Chairman N. Chandrasekaran seen leaving the group’s iconic Mumbai…

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Saatvik Green Energy secures ₹171 crore solar photovoltaic module supply order

Saatvik Green Energy secures ₹171 crore solar photovoltaic module supply order

Solar panel maker Saatvik Green Energy Limited on Tuesday (May 26) said it has secured orders worth ₹171.45 crore from a domestic independent power producer and engineering, procurement and construction (EPC) player for the supply of solar photovoltaic (PV) modules. The company said the orders are domestic in nature and commercial in scope. The supply…

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