BATTERY STORAGE SCHEME
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%
Oil prices matter to the Indian economy, and the market responded with a smart rally as Brent crude cooled significantly on Monday. The rally was broad-based and involved all segments. But too much should not be read into one day’s showing. The thing to watch remains the results of the US mid-term elections which will be known in India through Wednesday. It will decide which way the market will move in the coming days and weeks.
India climate-tech funding may reach USD 1.9 billion in 2026 as growth capital expands: Report
India's climate-tech and deep-tech sectors are expected to attract new investments by 2027 due to various factors. The report indicates that funding has been heavily focused on larger transactions, which raises concerns regarding smaller companies. Opportunities for investment exist in diverse areas such as deep technology and energy storage, highlighting potential for growth. Government initiatives are increasingly supporting this transition, as they disburse significant funding for projects.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts
At this juncture, what companies say about their Q2 results, and their outlook for Q3 and Q4, matters a great deal – but only to a certain extent. A company can plan only for what is in its control. No management can predict what the US President will decide, or which way the trouble in the Gulf will turn next.
ET Business Growth Summit, Nagpur: Maharashtra minister Jaiswal calls for a rethink of industrial incentives to ease investor stress
ET Business Growth Summit in Nagpur highlighted land shortages, financing constraints, and rising energy costs as major challenges.
Investments in emerging sectors rise, but bank and NBFC financing remain limited: Report
Emerging sectors like AI, semiconductors, and defence are attracting significant investments while bank lending is limited. The financing patterns vary, with AI and space primarily funded through equity. Risks such as technology obsolescence and payment delays impact the lending sector significantly. Banks are encouraged to develop specialized financing strategies to support these sectors effectively. Over the next few years, demand is expected to shift towards storage and defence-related investments.
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5 stocks with consistent score improvement and upside potential of up to 29% in 1 year, according to analysts
Do not paint the whole market with one brush. Even in an extended fall like the current one, some parts of the economy still manage to hold up. And the surprise tends to come from the corner nobody was watching.
Centre extends bid deadline for advanced chemistry cell battery PLI scheme to November 10
In a recent announcement, the Ministry of Heavy Industries confirmed the extension of the ACC Production Linked Incentive Scheme deadline to November 10, 2026. Manufacturers now have more time to submit technical bids, which will be addressed on November 11, 2026. This initiative seeks to support local ACC manufacturing efforts, ultimately reducing imports and enhancing India's battery production landscape.
India-Chile trade negotiations: A quiet and strategic deal beyond tariffs
India and Chile are progressing with negotiations for a Comprehensive Economic Partnership Agreement to enhance trade relations. The agreement will focus on sectors such as digital services, critical minerals, and investment. Both nations seek to diversify their trade partnerships and reduce reliance on single markets, particularly in mineral exports.
India's battery storage demand to hit 236.22 GWh by FY32, require Rs 3.49 trillion investment: Report
India's battery energy storage system market is expected to reach 236.22 GWh by FY2031-32. The country will require Rs 3.49 trillion in investments for this growth. Significant advancements in BESS deployment were noted between early and mid-2026. The government is providing extensive support through various initiatives and schemes. These measures aim to enhance project viability and stimulate private-sector participation in the energy storage sector.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 20%
In times like these, the market will have its green and red days. What matters, however, is not the colour of a single day, but the things underneath it: The central bank, the fund flows, and, above all, corporate earnings. Watch those, stay patient, and forget the daily noise.
Investors’ bets on Ola shrink as EV, ride-hailing businesses lose ground
As competition intensifies, SoftBank Group and fellow investors in Ola are grappling with a substantial reduction in their holdings' valuations. Ola Cabs is increasingly losing ground to competitors like Rapido and Uber, alongside a notable decline in Ola Electric's electric two-wheeler market share. While the company confronts financial hurdles and operational setbacks, a number of investors successfully realized returns through strategic share sales prior to value drops.
UN climate chief hails India's Green Energy Corridor-III, says grid strengthening will deliver "big dividends"
India’s Rs 1.86 lakh crore Green Energy Corridor Phase-III has won backing from the UN’s top climate official, who said stronger grids and battery storage could boost energy security, jobs and economic growth. The scheme aims to enable evacuation of about 135 GW of renewable power, deploy 50 GWh of battery storage and support India’s 500 GW non-fossil capacity target for 2030.
India's commercial vehicle market just had its best year in seven. Then the June quarter arrived, and margins fell
There is, at this point, an apparent contradiction at work in the Indian commercial vehicles space. One: FY 2026 was the best of the last seven years. A tax cut saw prices of trucks drop by about 10%, releasing pent-up replacement demand in a fleet with an average age of about 10 years. Two: Although the sector's second-largest truck maker sold a record number of vehicles in the June quarter, adding 10% to revenue, the benefits did not flow in. Rising material costs swallowed the operating leverage.
Cabinet gives green signal to Green Energy Corridor III
The Cabinet has approved a scheme with a project outlay of ₹1.86 lakh crore to enhance green energy transmission. This initiative includes financial support of ₹54,082 crore for developing infrastructure and battery storage. The Green Energy Corridor phase III aims to evacuate 135 GW of renewable energy and build 50 GWh of battery storage. Transmission service providers will construct and manage the new lines through competitive bidding systems.
GEC-III scheme to unlock next growth phase for India renewables sector
The Union Cabinet approved the GEC-III scheme, earmarking Rs 1.86 lakh crore for developing transmission systems and battery storage. This initiative will facilitate the evacuation of 135 GW of renewable energy by FY2032-33 while addressing industry concerns regarding transmission capacity. Experts believe that it will also lead to significant growth in the renewable sector and stabilize the electricity grid.
These 18 stocks could be likely beneficiaries as Centre unveils PM Dhara scheme worth Rs 1.86 lakh crore
The government’s Rs 1.86 lakh crore PM DHARA scheme is expected to boost renewable energy, power transmission, capital goods and cable companies. Targeting 135 GW renewable power evacuation, 50 GWh storage and 12–13 HVDC projects through 2027–2036, the programme could create substantial long-term order opportunities for infrastructure and equipment manufacturers.
Cabinet approves Rs 1.86 lakh crore electricity grid upgrade scheme
The Union Cabinet has approved a significant Rs 1.86 lakh crore scheme for upgrading the electricity grid. This initiative aims to evacuate 135 GW of renewable energy and establish 50 GWh of battery energy storage. New transmission lines will be awarded through Tariff-Based Competitive Bidding, ensuring efficient project delivery. Additionally, renewable energy developers will receive support for battery energy storage projects.
Cabinet clears Rs 1.86 lakh crore Green Energy Corridor-III to evacuate 135 GW renewable power
The Union Cabinet on Wednesday approved the Rs 1.86 lakh crore Green Energy Corridor Phase-III scheme to build transmission infrastructure for evacuation of up to 135 GW of renewable power and deploy 50 GWh of battery storage, as India prepares its grid for a sharp expansion in non-fossil energy capacity.
How Gautam Adani turned Rs 1 lakh crore of stressed asset deals into a mega infrastructure bet
Gautam Adani's ambitious acquisition strategy involves securing over 20 infrastructure deals valued at ₹1 lakh crore, encompassing diverse sectors such as power, ports, airports, and renewable energy. This approach comes in response to prior financial challenges in India. The Adani Group aims to boost operational efficiencies and expand its capacity, resulting in improved EBITDA across its thermal power plants.
Ola Electric shares up 88% from record low: What’s behind the gains?
Shares of Ola Electric surged by 2.5% after a streak of five days of increases, yet they remain below previous peaks. The company has earned incentives of Rs 536.3 crore under the PLI scheme. Additionally, Ola Electric is set to raise Rs 1,500 crore and shift to a dealership approach.
Mines Ministry to launch incentive scheme for domestic lithium, nickel processing
The Mines Ministry will soon launch an incentive scheme to promote domestic processing of lithium and nickel as India seeks to build an integrated critical mineral value chain and reduce dependence on imported processed materials. The government has also cleared critical mineral processing parks in Gujarat, Maharashtra, Odisha and Andhra Pradesh, while flagging concerns over auctioned mining blocks that remain idle despite securing clearances and leases.
HEG shares rally 5% after receiving Rs 217.56 crore order from Indus Towers for lithium-ion battery banks
HEG shares rose sharply on Monday after subsidiary Replus Engitech received a Rs 217.56 crore order from Indus Towers for lithium-ion battery banks. The order is to be executed by March 31, 2027. The development comes as HEG progresses with its demerger into separate graphite electrodes and advanced materials businesses.
Electric mobility a strategic imperative for Viksit Bharat 2047: NITI Aayog
Electric mobility is a strategic imperative for India's Viksit Bharat 2047 vision. Global shifts and geopolitical friction accelerate the transition to cleaner transport options. India faces import vulnerability and rising vehicle ownership, necessitating a swift EV adoption. Central government support and manufacturing incentives are driving the electric vehicle sector forward. States are encouraged to electrify public transport and build charging infrastructure.
IESA to govt: Accelerate battery incentives, smart grid infra, last-mile mobility for EV adoption
India's electric vehicle adoption is accelerating rapidly, with record sales achieved recently. Industry leaders are urging government to boost battery incentives and smart grid development. This will support the integration of electric vehicles into the national energy infrastructure. Grassroots innovation in last-mile delivery is also propelling the electric mobility surge. Strengthening battery recycling policies ensures self-reliance in critical mineral resources.
Manufacturing firms' factory leasing seen rising to 30-32 million sq ft annually by 2030: Report
Factory space leasing in India is projected to reach thirty to thirty-two million square feet annually by 2030. This growth is fueled by capacity expansion and localization across key manufacturing sectors. Traditional industrial sectors like auto and electronics lead current leasing activity, while new high-growth areas are emerging. European and APAC occupiers dominate manufacturing space leasing, reinforcing India's global position.
Auto PLI scheme draws Rs 45,477 crore investment, creates 67,000 jobs: Union Minister HD Kumaraswamy
The auto PLI scheme has attracted Rs 45,477 crore investment and created over 67,000 jobs. Government enhanced electric two-wheeler scheme outlay by Rs 1,000 crore to Rs 11,900 crore. Over 25 lakh electric two-wheelers and other vehicles have already received support. The industry crossed Rs 7.6 lakh crore in FY26 with exports reaching USD 24 billion. India aims to lead global mobility transition through innovation and advanced technologies.
Ola Electric gets Rs 95.8 crore PLI incentive, third consecutive year
Ola Electric has secured a Rs 95.81 crore incentive under the government’s Production Linked Incentive (PLI) scheme for automobiles and auto components for FY27. This is its third consecutive payout, taking total sanctioned incentives to about Rs 536.3 crore as the electric two-wheeler maker works to revive sales and expand domestic battery and cell manufacturing.
India may see major growth in sodium-ion batteries as technology reaches TRL-7: Renewable Energy Secretary
Technology Readiness Level (TRL) is a scale used to assess the maturity of a technology, with TRL 7 indicating that a system prototype has been demonstrated in an operational environment.
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