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India's crude import bill hits $137B in FY25 amid record Russian supplies

Mumbai, April 24 -- India's crude oil import bill rose 2.7 per cent to $137 billion in FY25, up from $133.4 billion a year ago, according to data from the Petroleum Planning and Analysis Cell (PPAC). ... Read More


Coal India, DVC to build Rs 165B thermal plant in Jharkhand

Mumbai, April 24 -- Coal India will set up a 1,600 MW coal-fired power plant in Jharkhand in partnership with Damodar Valley Corporation (DVC), as the country ramps up thermal capacity to meet rising ... Read More


Himachal sets Nov 2026 deadline for 450 MW Shongtong project

Mumbai, April 24 -- The Himachal Pradesh government has fixed a November 2026 deadline to complete the 450 MW Shongtong Hydroelectric Project in Kinnaur, aiming to boost power generation and revenue. ... Read More


Mamata lays foundation for Rs 160 billion thermal plant in Salboni

Mumbai, April 24 -- West Bengal Chief Minister Mamata Banerjee on Monday laid the foundation stone for a Rs 160 billion ultra-supercritical thermal power plant at Salboni in Paschim Medinipur. Develop... Read More


Chhatrapati Sambhajinagar station revamp hits 35 per cent mark

Mumbai, April 24 -- Around 35 per cent of the redevelopment work at Chhatrapati Sambhajinagar Railway Station has been completed, with a new station building rising from the Satara side. The facility ... Read More


Prestige Estates to double residential launches in FY26

Mumbai, April 24 -- Prestige Estates Projects plans to double its residential launches in FY26 after closing FY25 with 26.28 million sq ft of launches, largely in Bengaluru, Mumbai, and Hyderabad. The... Read More


Sheth Realty sets Rs 30 billion target for FY26 launches

Mumbai, April 24 -- Mumbai-based Sheth Realty is targeting a topline of over Rs 30 billion in the financial year 2025-2026, driven by planned launches in Borivali, Dombivli, Versova, and Mulund. The a... Read More


SAMHI and GIC form Rs 22 billion hotel JV platform in India

Mumbai, April 24 -- SAMHI Hotels and global institutional investor GIC have announced a strategic joint venture to establish an Upscale+ hotel investment platform in India, with an equity investment p... Read More


SPL acquires Yelahanka plot for Rs 2 billion villa project

Mumbai, April 24 -- Shriram Properties (SPL) has acquired a prime five-acre land parcel in Yelahanka, North Bengaluru, to develop a premium row-house and villa project with a projected gross developme... Read More


Adani Green adds 48 MW in Khavda, total RE capacity hits 14.29 GW

Mumbai, April 24 -- Adani Green Energy Ltd (AGEL) has commissioned an additional 48 MW wind power project in Khavda, Gujarat, through its wholly owned step-down arm, Adani Green Energy Twenty Four Ltd... Read More