Shyam Metalics and Energy Ltd. plans to raise Rs 7,500 crore to fuel growth
Shyam Metalics and Energy Ltd., one of the leading producers of steel products and aluminium foil in Bengal, is proposing to raise ₹4,500 crore by equity or equity-linked instruments (including partly or fully convertible debentures) and ₹3,000 crore by non-convertible debentures to fund its growth journey.

With Bhushan in limbo, JSW banks on Paradip unit as Plan B

Silver hits record Rs 1.18 lakh/kg, gold jumps Rs 1,000 amid heavy buying by stockists
Silver prices surged by Rs 4,000 to hit a record high of Rs 1,18,000 per kilogram while gold advanced Rs 1,000 in the national capital on Wednesday due to heavy buying by stockists.

Gold price in India tops Rs 1 lakh today; rises Rs 2.5 lakh per kilo in just five days
 

Hindustan Zinc pays out as dividend more than it earns, alleges US research firm Viceroy
US-based Viceroy Research has alleged that Hindustan Zinc Ltd (HZL), belonging to the Vedanta group led by Anil Agarwal, has paid out far more in dividends than it earned, purportedly borrowing to make up the shortfall.

Will Reliance shun Russian oil amid EU sanctions? Mukesh Ambani may turn to UAE
Reliance Industries may be deviating from its current reliance on Russian oil amid the looming threat of secondary sanctions from the US and NATO. The revelation came even as the European Union unveiled new punitive measures targeting the Russian energy sector this month — including restrictions on the Vadinar refinery in Gujarat.

India’s petroleum products export decline 3% during Q1FY26
India’s exports of petroleum products declined by 3% in volume terms to 14.5 million tonnes in the first quarter of the financial year 2025-26, compared to 15.0 million tonnes in the same period of FY25, according to data from the Petroleum Planning and Analysis Cell. 

Why India is blending more ethanol in petrol
Mumbai : India achieved its target of blending up to 20% ethanol into petrol in March 2025—five years ahead of the 2030 deadline. Now, the government has grown more ambitious: It wants to blend more ethanol into petrol.

Serentica Renewables lines up $15-bn capex for 17 GW RE capacity
Serentica Renewables, a major round-the-clock (RTC) renewable energy (RE) company plans to rapidly scale up and achieve RE capacity of 17 GW by 2030 with an expected total capex of $15 billion, a senior company official said. Solar is expected to account for 60% of installed capacity while the rest will come from wind.Of the targeted capacity, Serentica is aiming to quadruple its commissioned capacity to 4 GW by 2026 & 7 GW by FY28 by offering round the clock renewable electricity to industries and utilities.

NexGen Energia collaborates with US-based organic 121 to Advance Bio-CNG research and expand EPC capabilities
Source Credit: The Tribune

Inox Wind bags 51 MW order from Thermax Group company
 

Wednesday gains: Nifty ends near day’s high above 25,200, Sensex surges 540 points – 5 key highlights
Indian equity markets closed the session on a higher note. The Nifty 50 closed the session above 25,200 after a week, and the Sensex ended the day 540 points or 0.66% points higher at 82,726.