Hiranandani Launches Rs 170 Billion Coastal Township In Alibaug
ITA launches India programme to boost clean industry projects
The Industrial Transition Accelerator (ITA) has launched its India Project Support Programme and released the India Insights Briefing: Unlocking India’s Clean Industrialisation Opportunity, developed with Boston Consulting Group (BCG). The initiative seeks to accelerate investment-ready decarbonisation projects and drive low-carbon growth across India’s key industrial sectors. A global multi-stakeholder initiative launched at COP28, the ITA’s new programme aims to fast-track flagship industrial projects in sectors such as chemicals, steel, cement, aluminium, aviation, and shipping, supp..
Tighter grid rules may hit India’s renewable energy profits
India’s proposed rules requiring renewable energy producers to strictly match their committed supply to actual generation could hurt company earnings and slow new investments, according to industry submissions reviewed on Wednesday. The Central Electricity Regulatory Commission (CERC), in its draft issued in September 2025, has proposed tighter regulations for wind and solar power producers under the Deviation Settlement Mechanism (DSM). The new framework aims to gradually narrow the permissible deviation between the power producers promise to supply and what they actually generate. From A..
Karnataka Bank Posts Rs 3.19 Bn Net Profit in Q2 FY26, Up 9% QoQ
Karnataka Bank has reported a quarterly net profit of Rs 3.19 billion for the quarter ended September 2025, marking a 9.1 per cent QoQ increase compared to Rs 2.92 billion in Q1 FY26. The Board of Directors approved the financial results for the quarter and half year at its meeting held in Mangaluru.For the half year ended September 2025, the Bank recorded a net profit of Rs 6.11 billion, compared with Rs 7.36 billion reported during the same period last year.In Q2 FY26, the Bank’s Net Interest Income (NII) stood at Rs 7.28 billion. Asset quality improved further, with Gross NPA reducing to ..
