Adani Power raises capacity target to 41.87 GW by FY32, commits ₹2 lakh crore capex
The revised target marks a sharp step-up from the company’s earlier plan of 30.67 GW by FY30.
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Delhi HC slams Centre over no GST exemption on air purifiers in ’emergency situation’
The Delhi High Court has expressed strong displeasure with authorities for failing to grant tax exemptions on air purifiers. The court highlighted the current emergency situation with ‘very poor’ air quality. It urged authorities to consider temporary tax relief for…
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India okays new airlines in attempt to challenge aviation duopoly; Al Hind Air, FlyExpress, Shankh Air cleared for takeoff
India’s aviation sector is bracing for new competition. Two airlines, Al Hind Air and FlyExpress, have received government approval. Shankh Air, already cleared, plans to launch operations next year. This move aims to break the market’s duopoly, currently dominated by…
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Despite global FDI slowdown, India’s gross inflows remain healthy in FY26: CareEdge Ratings
Even as global foreign direct investment (FDI) has been losing momentum over the years, India’s gross FDI inflows have remained resilient, supported by steady investment interest, according to a report by CareEdge Ratings.
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Auto dealers move SC seeking refund of ₹2,500 crore GST compensation cess
Dealers paid compensation cess on inward supplies expecting set-off, but with GST 2.0 ending cess liability and no transition mechanism, the credit is now unusable.
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Kalpa Power names Pankaj Aggarwal as CFO to back 5 GW renewable push
Pune-based Kalpa Power has appointed Pankaj Aggarwal as its new CFO to support its ambitious goal of reaching 5 GW capacity by 2030. With over two decades of finance and strategy experience, Aggarwal will oversee finance and compliance, bolstering governance…
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