The Power of Three

Servotech Signs Deal to Supply EV Chargers and Solar Solutions

Servotech Renewable Power System Ltd., a leading player in the renewable energy and EV charging sector, has entered into a definitive trade agreement with Mauritius-based Enovra Energy Solutions Limited. Under this agreement, Servotech will supply EV chargers and solar solutions to Enovra for distribution and deployment across Mauritius and other surrounding regions.As part of this agreement, both companies have established a binding commitment, ensuring long-term business consistency and reinforcing the partnership’s seriousness and scalability. Enovra Energy Solutions, a key player in Maur..

RRP Electronics Secures Land for Rs 1.2 Billion Semiconductor Fab

RRP Electronics, which plans to set up a Rs 1.2 billion semiconductor fab in Maharashtra, on Friday announced receiving a letter of comfort from the state government for a 100-acre land parcel in Navi Mumbai for the proposed facility.Maharashtra Chief Minister Devendra Fadnavis presented the letter of comfort to the company at a late event on Thursday, the company, which is backed by legendary cricketer Sachin Tendulkar, said in a statement.“The company has secured 100 acres in Navi Mumbai for relocating a semiconductor fab from Sherman, Texas, from one of the world’s most established semi..

India’s Home Prices Set to Rise Sharply, Rentals Also Climb

Home prices in India are projected to rise more steeply than earlier forecasts, fuelled by demand from wealthy buyers, while the shortage of affordable housing is worsening and pushing millions towards costly rentals, according to a Reuters poll of property experts.The survey of 20 analysts, conducted between 14 August and 12 September, found that average home prices — already more than double over the past decade — are expected to rise 6.3 per cent in 2025 and 7 per cent in 2026, after an estimated 4 per cent increase in 2024. This outlook is higher than the 6 per cent and 5 per cent incr..