India tilts toward hybrid, storage power projects as solar prices remain low: Report

NEW DELHI: India’s power sector tendering pipeline is now shifting towards hybrid and storage-based projects, reflecting a growing focus on improving energy reliability and supporting renewable energy integration, according to a report by Nuvama Research.The report also noted that the country currently has an adequate solar power supply, with solar-hour electricity prices remaining low at…

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Silicon Valley-style fallout: Uber adds fuel to fire as Türkiye’s Getir founders sue Abu Dhabi’s Mubadala for $700M betrayal

Türkiye’s Getir Demands $700M From Abu Dhabi Investor Mubadala in Bitter Breakup In a major escalation of the ongoing dispute between a once-high-flying delivery start-up and its largest investor, the co-founders of Turkish food and grocery delivery startup Getir, Nazım Salur and Serkan Borançılı, have filed a $700 million lawsuit against Abu Dhabi’s Mubadala Investment…

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NGT clears Rs 90,000-crore Great Nicobar project, here’s why it can be a game changer

The National Green Tribunal gave a green light to Centre’s Rs 90,000-crore-plus Great Nicobar infrastructure project on Monday, concluding that the environmental clearance granted in 2022 was backed by sufficient safeguards and there was no “good ground to interfere.“ A bench of the tribunal dismissed a series of petitions that had questioned the validity of…

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Auto wholesale growth to normalise at 3–6% in FY27 after strong H2 recovery: Report

Domestic passenger vehicle (PV) volumes are estimated to grow 4–6 per cent year-on-year in 2026–27, supported by sustained demand momentum.Srikumar Krishnamurthy, senior vice president & co-group head – corporate ratings at ICRA, said, “The current fiscal has unfolded as a tale of two halves for the Indian automotive industry, with the first half witnessing subdued…

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Adani Group’s AI boost! Plans to pour in $100 billion in data centres by next decade

The Adani Group has unveiled an ambitious plan to invest $100 billion over the next decade to build renewable-energy-powered, hyperscale AI-ready data centres across India, targeting completion by 2035. Announcing the move on Tuesday, the conglomerate described the proposal as one of the largest integrated commitments globally in energy and computing. It said the initiative…

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