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Adani Enterprises plans Rs 35,000-40,000 crore annual capex in next two years
Adani Enterprises intends to invest between Rs 35,000 crore and Rs 40,000 crore annually for upcoming years. The major areas of focus will be airports, data centres, and a PVC manufacturing complex. Recently, the company reported strong financial growth, with a notable increase in EBITDA and revenue. This investment cycle aims to enhance operational capabilities and generate returns from new assets.
Websol Energy Q2 Results: PAT jumps 73% YoY to Rs 80 crore; revenue more than doubles to Rs 361 crore
Websol Energy System reported a 73.2% rise in Q2FY27 net profit to Rs 80.21 crore, while revenue surged 114.6% to Rs 361.02 crore. The company plans a 4 GW solar cell manufacturing expansion at Falta and entry into EPC, solar IPP and energy trading businesses.
Government clears Rs 7,503 crore investments under ECMS in sixth tranche
The latest group of 12 applicants includes manufacturers of up- stream materials such as anode and cathode materials. Together, these companies plan to produce goods worth 182,243 crore at faci- lities across 10 states and employ more than 9,500 workers.
OP Mobility plans five new plants in India over next five years, commits ₹3,180 crore investment
French auto parts maker OP Mobility aims to open one manufacturing plant in India annually for five years. The company currently operates six plants in India, running at high utilisation with most in three shifts. OP Mobility has committed an investment of approximately 300 million to enhance its manufacturing capacity. It plans to expand its product range, including fuel tanks and exterior parts for vehicles.
Cybercrime networks shift to smaller, mobile scam operations amid enforcement pressure: FATF
In its report released from Paris, the global money-laundering watchdog said large, fortified compounds where cyber slaves were forced to commit financial cybercrimes are being moved to apartments, houses, hotels and office floors, sometimes rebranding as legitimate outsourcing or marketing firms.
Cybercrime networks shift to smaller, mobile scam operations amid enforcement pressure: FATF
In its report released from Paris, the global money-laundering watchdog said large, fortified compounds where cyber slaves were forced to commit financial cybercrimes are being moved to apartments, houses, hotels and office floors, sometimes rebranding as legitimate outsourcing or marketing firms.
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Ashwini Vaishnaw launches Semicon 2.0 portal, says 50% of units approved under ECMS are SMES, MSMEs
Union Electronics and Information Technology Minister Ashwini Vaishnaw has launched the Semicon 2.0 Web Application Portal. The initiative aims to strengthen India's semiconductor manufacturing ecosystem while enabling the acceptance of applications under specific pillars. Fifty percent of the approved units under the Electronics Components Manufacturing Scheme belong to SMEs or MSMEs. India is progressing from assembly to the manufacturing of critical electronic components and materials.
Centre planning to use component scheme to feed chip ecosystem
Investment approvals under ECMS may therefore focus on items like precision-manufacturing equipment such as micro-tools, computer numerical control machines, PCB drills and industrial automation equipment, officials said. The sixth tranche of ECMS investment applications will be announced on Friday.
India eyes energy self-reliance as supply risks put renewable manufacturing in focus
India must prepare for energy supply disruptions by strengthening domestic renewable energy manufacturing, Union minister Pralhad Joshi said. The country is targeting 500 GW of non-fossil fuel capacity by FY30 and 800 GW by FY35. The government is also drafting guidelines to improve the recyclability of renewable energy equipment.
India's solar module component market may more than double to $7.8 billion by FY28
India's solar module component market could grow to $7.8 billion by March 2028 from $3.6 billion in September 2026, driven by expanding domestic manufacturing capacity and demand, a CEEW study said. However, timely commissioning of planned factories and assured orders from solar module makers will be crucial to unlocking this potential.
India's farms offer 116 GW solar manufacturing opportunity: ISMA
India's agricultural sector could create a demand for 116 GW of solar modules through the solarisation of irrigation pumps. The Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) aims to support this transition. Solarising pumps can reduce dependence on conventional electricity and diesel while improving farmers' electricity availability. The report emphasizes the need for sustained policy support and demand visibility to benefit domestic manufacturers.
India’s solar components market to more than double to $7.8 billion by March 2028: CEEW
India's market for solar module components is projected to exceed $7.8 billion by March 2028. This growth is primarily driven by increased domestic manufacturing capacity and rising demand. Planned expansions of production facilities are crucial for meeting anticipated requirements. Additionally, ensuring consistent quality and reliable supply chains will enhance competitiveness against imports. The study emphasizes the importance of clear standards and regulations for the solar components industry.
Bank account frozen suddenly? Check why it happened, how to unfreeze it and recover your money
For individuals affected by the freezing of their bank accounts due to untraceable money sources, remedy is available via the Grievance Redressal Mechanism (GRM) and the Money Restoration Module (MRM). Users can contest any debit freezes by filing official complaints through GRM. Meanwhile, MRM aids in reclaiming disputed funds after thorough verification.
Investors commit nearly $400 billion to India's green energy sector, says Pralhad Joshi
Investors have shown significant interest in committing nearly $400 billion to India's green energy initiatives. Renewable energy minister Pralhad Joshi stated that this investment comes from both domestic and international companies. India needs approximately $220 billion by 2030 to fulfill its renewable energy targets. Discussions included challenges regarding solar cell availability and the ongoing development of energy storage systems.
TIME’s Best Inventions of 2026: This wheelchair drives like a self-driving car, with sensors, voice commands, and collision avoidance
The Strutt ev¹ stands out as a revolutionary invention, featuring an intelligent co-pilot navigation system that empowers users with unmatched independence. This electric wheelchair operates autonomously and adapts to diverse settings. Equipped with state-of-the-art robotics, sensors, and voice-activated controls, it offers unparalleled accessibility. Priced at $7,499, the Strutt ev¹ is available online, complemented by a test drive option.
India's solar manufacturing industry can generate 32 lakh jobs, attract $89 billion investment by 2047: ISMA
Titled Vision 2047: Solar Manufacturing from Polysilicon to Power Plant, the report presents a pathway for India to move beyond module assembly and set up manufacturing capabilities across the entire solar value chain -- from polysilicon and ingots to wafers, cells and modules, the statement said.
Samsung Galaxy S27 Ultra expected in 2027 with 200MP camera, Snapdragon chipset: What leaks suggest
Samsung Galaxy S27 Ultra could arrive in early 2027 with a redesigned rectangular camera module, a 200MP primary sensor and a 50MP periscope telephoto camera, according to leaks. The smartphone is also tipped to feature a Snapdragon 8 Elite Gen 6 Pro chipset, a 5,500mAh battery and 60W wired charging.
Budget 2027: Customs duty relief on 118 goods under review
The Indian government is currently reviewing customs duty concessions applicable to 118 products set to expire. This review involves input from respective line ministries and industry stakeholders regarding these exemptions. Goods under review include materials for power projects and certain medical devices. A focus is on correcting the inverted duty structure to support local manufacturing initiatives. The outcomes of this review will influence the upcoming budget for 2027-28.
India's renewable sector attracts investments worth $67 billion in last 2 years: Pralhad Joshi
The sector is growing at a fast pace in India and will play an important role in meeting the country's future power demand, the Minister for New and Renewable Energy (MNRE) said while addressing the Bharat Renewable Energy (BRE) Summit & Expo 2026 in the national capital.
'Energy security directly linked to economic security': PM Modi highlights impact of global crisis
Prime Minister Narendra Modi highlighted the importance of energy security linked to economic security during the global crisis. He stated that India is prioritizing clean energy and green hydrogen to boost its energy independence. The National Green Hydrogen Mission aims for 5 million tonnes of green hydrogen production by the decade's end. India has achieved 300 GW of non-fossil fuel-based energy capacity and is targeting 500 GW.
This startup is selling a Rs 94,835 mosquito trap that uses a powerful blue laser and sensors similar to those in self-driving cars to track and kill mosquitoes while detecting people, pets and nearby surfaces to prevent accidental firing
Photon Matrix has introduced a laser device that identifies and eliminates mosquitoes effectively. The products are priced at around $1,000 each, with a delivery estimate of 120 days. Both the indoor and outdoor models utilize advanced A.I. for mosquito detection and targeting. The system is designed to be safe for humans and pets, although independent safety testing is pending. This technology aims to revolutionize traditional mosquito control methods.
Solar module cos seek more time to comply with local sourcing
Solar module manufacturers in India are raising concerns about the local availability of cells for production. They have requested an extension of the sourcing deadline beyond January 2024 to address these issues. The Renewable Energy Manufacturers Association has highlighted a significant gap between module production capacity and cell supply. Current regulations mandate that solar cells must come from approved local manufacturers for projects.
J&K Police busts terror financing module, arrests 10 associates
Jammu and Kashmir Police arrested ten individuals in Shopian district for their involvement in a terror financing network. The accused were connected to various online financial transactions suspected of funding terrorist activities. Investigations indicated these individuals were raising money from the public to support terrorists like Lashkar-e-Taiba. Additionally, the funds were allegedly used for logistical support, including providing smartphones for terrorist operations.
Railway pass holders can travel in higher class on Rajdhani, Shatabdi by paying fare difference
Railway pass holders now have the option to travel in a higher class on premium trains. This change applies to Privilege Passes, Post Retirement Complimentary Passes, and Widow Passes. The Railway Board clarified this policy after addressing prior ambiguities in the rules concerning train travel. Updated procedures will reflect this new travel entitlement and clarify fare payment requirements.
Adani Enterprises Q2 net profit falls 55% despite 75% increase in revenue
Adani Enterprises saw a 55% drop in consolidated net profit for the September quarter. Revenue from operations increased by 75%, reaching ₹37,216 crore compared to the previous year. A notable decline in profit was attributed to an exceptional gain a year prior, while expenses rose sharply. The company plans to invest ₹35,000 crore to ₹40,000 crore annually in airports and data centres.
Waaree Energies bets on US solar boom, expands local sourcing on data-centre growth
Waaree Energies plans to significantly increase its solar module manufacturing capacity in the United States. The company aims to boost its capacity from 1.6 GW to 4.8 GW by the end of the fiscal year. This expansion is driven by demand from data centres and new import regulations. Waaree expects to source more supplies locally within the U.S. for better efficiency in operations.
Jakson Group plans to invest Rs 6.8k crore in Andhra Pradesh solar wafer & cell plant
The Noida-based group will set up the plant in Meedivemula village. According to sources, the State Investment Promotion Board, led by Andhra Pradesh CM N Chandrababu Naidu, has recommended allotting 290 acres to Jakson Integrated Solar for the project.
Government needs to incentivise domestic solar production as China eyes curbs on tech exports: Solex Chairman
The government needs to incentivize domestic production of solar equipment, as China's proposed export restrictions may create supply issues. Chetan Shah, from Solex Energy, emphasized India's limited cell capacity compared to module manufacturing. He proposed extending the ALMM-II framework to support local manufacturers in meeting their demands. Collaborating with other nations could also reduce reliance on Chinese solar equipment.
NCERT rolls out 20-hour AI, computational thinking module for classes 9-12
The National Council of Educational Research and Training has introduced a module on computational thinking and artificial intelligence for students. This 20-hour course is designed for students in grades 9 to 12 with no prior AI knowledge. It emphasizes critical thinking, creativity, and responsible technology use while covering ethical AI applications. The module includes activity-based learning to enhance understanding of AI concepts, applications, and limitations.
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