EIL to diversify into power and semiconductor sector
State-owned Engineers India Limited (EIL) is diversifying itself from oil and gas to other sectors, including the power sector, mining, nuclear power, and semiconductors, said chairman and managing director (CMD) Vartika Shukla.

SAIL eyes further trimming of debt as part of its 15-mtpa capex plans, pegged at over ₹100,000 crore
New Delhi: State-owned steel major SAIL (Steel Authority of India Ltd) has managed to bring down debt by 3 per cent (nearly ₹800 crore) on a year-on-year basis, to ₹29,811 crore in FY25, banking primarily on improved realisations in the January–March period following a rise in the prices of the metal during the period.

Gold slips to one-week low after U.S. Court strikes down Trump tariffs
New Delhi: Gold prices slipped to their lowest level in nearly a week on Thursday, as a stronger US dollar weighed on the precious metal. The downturn was also influenced by investor optimism in equity markets following a major U.S. court decision.

Gold shining bright: ICRA predicts 12-14% jump in jewellery sales in FY26
More people are betting big on Gold. ICRA expects jewellery consumption to increase by 12 to 14 percent, by value, in FY26. However, at the same time, there is expected to be a 9 to 10 percent decline, by volume,  in gold jewellery consumption, the report says.

Malabar Gold & Diamonds evaluating lab-grown diamond segment, to add 90 stores to retail network in FY26
 

Multiple standards & protocols, low digital integration slows battery interoperability
The industry-led effort to establish a nationwide open battery charging network is languishing due to lack of common ground among EV OEMs, charge point operators (CPOs), battery solution providers and technology services firms. Almost a year ago, 20 companies including Kazam, Pulse Energy, Trinity and Sheru, founded the Unified Energy Interface (UEI) on the lines of the united payment interface (UPI) to facilitate seamless payment and transaction interoperability within EV charging networks.

Oil prices rise after OPEC+ keeps output policy unchanged
Oil prices gained more than $1 on Wednesday as OPEC+ agreed to leave their output policy unchanged and as production shut-ins from Canada raised supply concerns, while investors anticipated members of OPEC+ would agree to a production increase later this week.

Realisation worries, capital expenditure likely to hit NMDC stock
 

Anil Ambani's company gets key letter for 350 MW solar project from govt firm
Reliance Power is one of India's prominent power generation companies. It has an operating portfolio of 5,305 megawatts, which includes 3,960 megawatts Sasan Power Ltd -- the world's largest integrated coal-based power plant. Recently, another company of Ambani, Reliance Infrastructure, achieved a major financial milestone. It has brought down its standalone net debt from banks and financial institutions to zero. In an exchange filing, the company said it narrowed its net debt of around Rs 3,300 crore during the financial year 2025. 

Engineers India eyes thermal power, off-shore wind energy projects
Engineers India (EIL) as part of its long term growth strategy is focusing to expand its non-oil and gas sector business with the state-run engineering consultancy major eyeing projects to set up thermal power plants and off-shore wind energy installations.

Sembcorp bags 150-MW solar project
 

Suzlon’s net profit rises by 213% during FY25
 

Engineers India plans to expand footprint in thermal, nuclear power
New Delhi: As the Centre aims to add thermal and nuclear power plants in the country to increase baseload capacity, state-run engineering consultancy and project management company Engineers India Ltd (EIL) is looking at taking more projects in both the power generation segments, its chairman and managing director (CMD) Vartika Shukla said on Thursday.