FRENCH UTILITY COMPANIES
French group Veolia aims $1.2 billion in revenue from data centres, chips by 2030
The tech sector's expansion of data centres, driven by surging demand for AI following the widespread adoption of ChatGPT, has strained power supplies and raised concerns over global grid capacity.
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analysts
If you are putting fresh money into the stock market (or even looking to rejig your existing portfolio), it would be best not to react to what the Nifty, Sensex, or other sectoral indices are doing. At least for the next few sessions, or maybe even till the conflict in the Gulf region is in the past. The reason is simple: A short covering in beaten down Nifty stocks – or, in fact, even in Nifty futures – is good enough to pull the index back up on some days. It is an uptick that has nothing to do with the general mood and trend of the stock market.
From Nagpur pilot to AI leak detection: Building Asia’s largest water plant in Mumbai & inside Veolia’s India playbook
Guillaume Dourdin, CEO & Country Director of Veolia India, on the company’s 25-year journey, Mumbai’s water ambitions, and why compliance is becoming the ultimate licence to operate in India.
US Stock Market | Wall Street ends narrowly mixed, trading volatile after air strikes on Iran
Gains in energy, tech and defense stocks offset losses in other sectors. The Dow Jones Industrial Average fell 0.15% to 48,904.78 points, while the S&P 500 gained 0.04% to 6,881.60 points and the Nasdaq Composite gained 0.36%, to 22,748.86 points.
Renault entering new phase of growth in India with Duster re-launch: CEO
Renault is entering a new growth phase in India with the re-launch of its mid-sized SUV, the Duster. This move signifies acceleration within the automaker's international game plan for 2027, with India being a key pillar of growth beyond Europe. The company now fully owns its Chennai manufacturing plant, strengthening its ecosystem for local and global market development.
NTPC, EDF India collaborate for PSP, hydro projects, to explore avenues in distribution
NTPC and EDF India have partnered to develop, own, and operate pumped hydro storage and other hydro projects, leveraging renewable energy. They plan to form a joint venture company pending government approval to work on these projects in India and neighboring countries, as well as explore distribution business opportunities.
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European shares bounce as cyclicals, growth stocks find footing
The pan-European STOXX 600 index added 0.8%, steadying after snapping two weeks of gains on Friday.Miners, technology and autos, among the hardest hit in the previous week, led early gains on Monday.Focus shifts to a key inflation data from the world's biggest economy later in the week, after global stock markets were spooked by data on Friday that showed a large increase in U.S. employment.
European shares extend rebound as chemical, commodity stocks gain
Miners rebounded 1.6% after touching December 2021 lows in the previous session, while oil & gas stocks rose 1.2% as crude prices rose almost 1% on tight supplies of crude and fuel products.
Google to invest $1.2 billion in Germany cloud computing programme
The internet giant said it plans to add new cloud computing centres in the Berlin region and in the town of Hanau, close to the DE-CIX data exchange in Frankfurt.
European stocks subdued on Orsted profit warning; Carrefour surges
Carrefour SA was up 10.6% after Canadian convenience-store operator Alimentation Couche-Tard Inc said it had approached Europe's biggest retailer to discuss a combination.
First Rafale to be delivered in 2 months: French Ambassador
Thirty-six fighter jets will come within the next two years, French Ambassador to India Alexandre Ziegler.
Indo-French nuclear deal: 10 yrs after its signing power project yield little success
The Indo-French cooperation on 'peaceful use of nuclear energy' was signed on September 30, 2008, primarily for building the Jaitapur Nuclear Power Plant (JNPP).
Infosys's Krishnamurthy to join French transportation company in February
Infosys had announced his resignation earlier this month. His last day at Infosys is January 31.
New Renault 'Duster' to make a grand entry this Diwali
The company plans to position the new car variant 'CAPTUR' above the SUV 'Duster' segment.
Francois Hollande's India visit to finalize deadline for 6 nuclear reactors
India has also decided to move away from the Russian model of building two reactors at a time and will steam ahead with all six reactors simultaneously.
France, India FTA talks may gather speed after polls: Richier
French companies have invested more than $19 billion in India so far and are adding a billion dollars worth of investment every year, Richier said.
EDF Energies to invest Rs 500 cr in Indian solar industry
French EDF Energies Nouvelles is entering the Indian solar power production market with an investment of Rs 550 crore.
TCS acquires France's Alti SA for over Rs 530-cr
The acquisition gives the firm access to blue-chip French and European clients in banking, luxury, manufacturing and utilities sectors.
TCS shares extend gain on purchase of French IT provider Alti
The acquisition will strengthen TCS's ability and footprint to service its customers in France and other regions in Europe.
Capgemini to increase India headcount by 6,000
Capgemini's India headcount will grow by as much as 15 per cent in 2013, Capgemini CEO Paul Hermelin said.
Tehri Hydro Power Corp seeks advice from World Bank to assess Alstom bids
The power utility was prompted to seek World Bank advice after the latter banned two of the subsidiaries of French parent company Alstom SA on charges of alleged bribery.
Solairedirect Energy in talks to set up 20MW Gujarat solar plant
Solairedirect Energy India is in talks with the Gujarat govt to set up a 20 MW plant at the Solar Energy Park in Kutch at an estimated cost of 300 crore.
GDF Suez takes over Britain's International Power
French utility giant GDF Suez will take over its British competitor International Power, the groups said on Tuesday, creating what they called the world's top independent power company.
Stocks to watch: Infosys,Sundaram Finance,M&M,Tata Power,BAG Films,Pratibha Industries
Infosys Technologies, one of the first Indian companies to grant stock options to its employees way back in 1993, on Wednesday offered thousands of its staff at least five equity shares each to mark the 30th year of its operations.
REC to stick to French auction method for FPO
tate-owned Rural Electrification Corporation, or REC, which plans to raise around Rs 4,000 crore through a follow-on public offer, on Monday said it will use a relatively traditional method of bidding.
NTPC follow-on issue first to adopt French Auction route
The follow-on public offer of state-run utility NTPC Ltd will be the first to adopt the 'French Auction' route for selling shares to qualified institutional buyers, which is expected to bring better valuations.
Suez, GDF say regulator approves merger
The French financial market regulator AMF has approved the long-planned merger of giant gas utility Gaz de France and French energy group Suez, the companies said on Monday.
French cos merge to create energy giant
GAZ de France (GDF) and Suez have agreed to merge their gas and electricity operations, ending 18 months of negotiations to create the world’s third-biggest utility with a market value of about 70 billion euros ($96 billion).
French co Suez to invest in 4 local power projects
The announcement was made after a French business delegation met the minister of state for commerce and industry Ashwani Kumar recently.
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