Category : Search result: power business writeoff


Vedanta Q2 Profit Plunges 59% Amid Write-Off

Vedanta Ltd reports steep 59% drop in Q2 net profit to ₹1,308 crore amid one-time power business write-off. Analysts question demerger delays and JP Morgan's bid as company navigates debt challenges.

IKEA's Parent Company Invests in Indian Solar Power

Ingka Group, IKEA's parent company, announces its first-ever renewable energy investment in India, acquiring a 49% stake in a major solar PV project from Azure Power, marking a significant milestone in India's green energy transition.

5 Critical Questions Every Entrepreneur Must Ask

Top business strategist Hirav Shah reveals the essential framework for smarter business decision-making that can transform your entrepreneurial journey in India's competitive market.

Chandigarh Power Tariff Hike from November 1

Chandigarh residents face higher electricity costs as UT administration approves power tariff revision. Learn how the new rates will impact your monthly bills and what changes are coming.

India's ₹3 Lakh Crore Discom Debt Crisis

India's struggling power distribution companies (discoms) are drowning in debt. A new financial relief package aims to break the cycle, but will privatization and reforms bring lasting change?

Basant Garg New CMD of Punjab Power Utilities

Punjab government appoints Basant Garg as Chairman-cum-Managing Director of power utilities PSPCL and PSTCL, bringing fresh leadership to state's electricity infrastructure.

MEIL Energy buys 250 MW plant in Tamil Nadu

Hyderabad-based MEIL Energy strengthens its power generation footprint with strategic acquisition of 250 MW Neyveli power plant, marking significant expansion in renewable energy sector.

Mahindra: Business lessons from fencing days

Mahindra Group Chairman reveals how his fencing background shaped his business philosophy while congratulating India's first Olympic fencer C.A. Bhavani Devi on her achievements.

Adani Power Q2 Profit Dips 12% on Higher Costs

Adani Power reports 12% decline in Q2 net profit to ₹2,906 crore as rising operational costs offset marginal revenue growth. Total income edges up to ₹14,308 crore amid challenging market conditions.

Coal India's Growth Slows Amid Weak Power Demand

India's coal mining giant faces headwinds as sluggish power demand and softer realizations impact production and sales volumes. Discover how auctions and inventory dynamics are shaping the sector.

Karan Johar: Worst Negotiator After Dharma Stake Sale

Bollywood filmmaker Karan Johar reveals his biggest business regret after selling 50% of Dharma Productions for ₹50 crore, a stake that could be worth ₹1,500 crore today. Read the shocking confession.

Shiney Ahuja: Bollywood Star to Philippines Businessman

Former Bollywood actor Shiney Ahuja, once seen alongside Akshay Kumar and Kangana Ranaut, has reinvented himself as a garment businessman in the Philippines after serving prison time for rape charges. Discover his dramatic career transformation.

Karnataka Plans Two Major Pumped Storage Power Projects

Karnataka Power Corporation Limited unveils ambitious plans for two new pumped storage power projects in Chitradurga and Kodagu districts, marking a significant leap toward sustainable energy and grid stability.

Contractual Power Employees Hold Mass Protest in Ludhiana

Contractual electricity employees in Ludhiana staged a massive protest march, demanding permanent jobs and better working conditions. The demonstration saw hundreds of workers raising slogans against PSPCL management.

DGCA may restrict power bank use on flights

Indian aviation authority DGCA may impose new restrictions on power bank usage during flights following safety concerns. Learn how this could affect your travel essentials.

Adani Green Energy Sales Jump 39% in H1 FY26

Adani Green Energy reports stellar 39% YoY sales growth in H1 FY26 with strong financial metrics, capacity expansion, and improved EBITDA margins, cementing India's renewable energy leadership.

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