China plans steel export licences to curb record shipments and ease oversupply
China is preparing to roll out a licensing regime for steel exports, in what appears to be an effort to rein in record volumes of the metal flowing out of the country, raising hope of an easing global oversupply, supporting prices.

Hindalco Industries Limited commissions 100 KLD Zero Liquid Discharge (ZLD) unit with advanced MVR system
 

Joyalukkas to invest ₹3,600 crore to add 40 stores; aims for ₹41,000 crore revenue by FY27
Jewellery retailer Joyalukkas has announced a ₹3,600 crore investment plan to open 40 new showrooms across India and overseas by the next financial year, strengthening its footprint across key domestic and international markets. The expansion will take the group’s total showroom count to 230 from the current 190. Of this, 15 outlets will be located overseas, including new markets such as New Zealand and Canada, Joy Alukkas, Chairman and Managing Director of the group, said.

EU adopts new sanctions targeting Russian oil traders and shadow fleet
The European Union adopted fresh sanctions against Russian oil interests on Monday, targeting traders MurtazaLakhani and Etibar Eyyub for helping Moscow to circumvent Western sanctions on crude exports that help to fund Russia's war in Ukraine.

SEPC inks Rs 3,300 crore mining project MoU for Madhya Pradesh based mining project
SEPC inked a memorandum of understanding (MoU) for the execution of a mining project worth Rs 3,300 crore in Madhya Pradesh. As per the company’s regulatory filing, the MoU is with the JARPL-AT Consortium, jointly formed by Jai Ambey Roadlines and Avinash Transport for a mining project awarded by South Eastern Coalfields. 

SEPC joins coal mining consortium in Madhya Pradesh
Mumbai: SEPC Ltd, a leading engineering, procurement and construction company, has announced its association with the JARPL–AT Consortium in connection with the Rampur Batura Opencast Coal Mine Project in Madhya Pradesh. The company has entered into agreements with Jai Ambey Roadlines and Avinash Transport, who together form the JARPL–AT Consortium, for a mining project awarded by South Eastern Coalfields.

B Sairam appointed Coal India CMD
Kolkata: The Ministry of Coal on Monday appointed B. Sairam as the Chairman-cum-Managing Director of state-run coal behemoth Coal India. Prior to this appointment, Sairam was CMD, Northern Coalfields, a wholly owned subsidiary of Coal India (CIL). Government headhunter PESB had earlier recommended him as the next Chairman of the world’s largest coal miner.

Tata Power eyes Rs 1.25 trillion capex till FY30 with 30 GW capacity
Tata Power eyes five HVDC Projects with ₹1 lakh crore investment
The Hindu Business Line

Solar companies making big profits now, but earnings may slow in next 3 years: DAM Capital
Mumbai: Indian solar companies are earning very high profits right now, but these profits are expected to slow down in the coming years as more factories open and competition increases, according to a report by DAM Capital. The report explained that domestic solar module and cell makers are currently enjoying super-normal margins. This is mainly because imports are restricted and India does not yet have enough domestic manufacturing capacity. Due to limited supply and strong demand, companies are able to earn higher returns at present.

Inox Wind secures 102.3 MW turbine order from Aditya Birla Renewables EPC in Karnataka
Inox Wind on Monday announced that it has secured a 102.3 MW order from Aditya Birla Renewables EPC, a subsidiary of Aditya Birla Renewables (ABReL), for the supply of wind turbines in Karnataka.

India’s solar power capacity rose 46 times in the last 11 years: Piyush Goyal
 

Proposed nuclear energy Bill caps operator's liability at ₹3,000 crore