The Indian government has chosen arrangers for the sale of a nearly $1 billion stake in the country’s largest refiner, Indian Oil Corp., according to people with knowledge of the matter.
Renewable energy employed 9.8 million people last year, up 1.1% from 2015, led by solar photovoltaic at 3.09 million jobs, according to the International Renewable Energy Agency’s annual report on the industry.
Moody’s Investors Service cut its rating on China’s debt for the first time since 1989, challenging the view that the nation’s leadership will be able to rein in debt while maintaining the pace of economic growth.
Saurabh Agrawal, the newly appointed group chief financial officer of Tata Sons Ltd who is known for his investment banking acumen, may find in Tata Power Co. Ltd an ideal candidate for a restructuring exercise.
From expressways in Uttar Pradesh to road tunnels in Jammu and Kashmir, large infrastructure projects are showcased by state governments as examples of development politics
India ranked 26th in ‘getting electricity’ to do business and not universal electricity for its population, as widely understood following Power Minister Piyush Goyal’s comments on World Bank’s assessment of the country’s electrification efforts, a BOOM fact check revealed.
A new tariff war is playing out in the Indian solar power space. Tariffs plunged to a new low of Rs2.44 per kilowatt-hour (kWh) last week during an auction for 500 megawatt (MW) capacity at the Bhadla solar park in Rajasthan.
India may be emerging as a leading light in renewable energy capacity additions, but the pace of transformation is unsettling the stakeholders.
Bonn, Germany: Investors in China and India increasingly dominate ownership of coal reserves amid campaigns for divestment in many rich nations to limit the risks from climate change, a study showed on Tuesday.
In a move aimed at reducing congestion and waiting time of commuters at toll plazas, global payments technology firm Visa has launched a proof-of-concept (PoC) to showcase contactless toll payments at National Highway Authority of India’s (NHAI) Manesar toll plaza.