Strong debut on Dalal Street: GK Energy shares list at nearly 12% premium against issue price
EPC services provider GK Energy made its entry on Dalal Street today, with its shares listing at a 12% premium over the issue price of Rs 153 per share. The listing comes after a successful IPO that saw overwhelming investor demand across categories.

Fire at JSW Steel plant in Maharashtra's Palghar; no casualty
A fire broke out at a plant of the JSW Steel company in Maharashtra's Palghar district early Thursday morning, officials said.

Supreme Court upholds JSW Steel’s Rs 19,700 crore takeover of BPSL, rejects challenges by former promoters
JSW Steel’s Rs 20,000-crore acquisition of BPSL gets nod
The Financial Express

Jindal Steel commissions one of India's largest blast furnaces at Angul, on track to 12 MTPA capacity
 

Copper prices projected to reach $11,700 per metric tonnes amid supply concerns
Source Credit: The Statesman

The price of copper metal is expected to soar to $11,700 per metric tonne as structural demand growth of the metal meets a constrained supply, according to a report on Friday.

Oil India seeks to develop geothermal energy projects in eight abandoned wells
State-owned Oil India Ltd, as part of its diversification into new and renewable energy sources, is exploring potential geothermal energy projects in eight of its depleted oil wells, official sources told FE. 

World can’t afford to keep Russia: Hardeep Singh Puri
Petroleum minister Hardeep Singh Puri on Friday said the world can’t afford to keep Russia, the second-largest oil producer pumping out 10.5 million barrel a day, off the energy markets.

Oil India reports presence of natural gas in Andaman Shallow Offshore Block
New Delhi: State-run Oil India (OIL) on Friday reported occurrence of natural gas in its second exploratory well, Vijayapuram-2 (Loc. OAEA), drilled in the Offshore Andaman Block under the Open Acreage Licensing Policy (OALP). Preliminary analysis of gas samples collected during intermittent inflow of gas as part of the initial production testing confirmed the presence of Natural Gas, the exploration & production (E&P) company said.

GAIL to expand Jamnagar-Loni LPG pipeline across 5 states
New Delhi [India], September 26 (ANI): GAIL (India) Limited has approved a major capacity expansion of the Jamnagar-Loni LPG pipeline, doubling its throughput from 3.25 million metric tonnes per annum (MMTPA) to 6.5 MMTPA.

No sanctions on buying oil from Russia: Hardeep Puri
There are no sanctions on Russian oil, says Oil Minister Puri

Coal India announces reward of ₹1.03 lakh for non-executive workers ahead of festival season
New Delhi, Sep 26 (PTI) Ahead of the festival season, coal PSUs like state-owned CIL on Friday announced a reward of ₹1.03 lakh for its non-executive workers, a move that will have a financial implication of ₹2,153.82 crore.

Tata Power Renewable Energy inks pact with Bank of Baroda to offer solar financing solution to MSMEs
Tata Power Renewable signs MoU with Bank of Baroda to finance MSME solar projects
The Financial Express

Citizen Solar brings Pratik Gandhi onboard as brand ambassador, making clean energy a more relatable story

Ahmedabad: As a brand ambassador for Citizen Solar, the very actor who shines in the eyes of the audience is Pratik Gandhi. From being a Gujarat based company to becoming an acknowledged national name in solar panel manufacturing, that itself is an indication of its growth. This partnership goes beyond branding of the brand; it reflects the company’s growing influence in the renewable energy sector and its renewed commitment to making a real difference in people's lives with authenticity and trust.

More pain ahead? S&P forecasts rupee sliding to 91 by FY29
The rupee is under pressure for the past couple of sessions. In fact the currency hit all-time lows of 89/$ recently. Though the rupee rebounded from its all-time low to close 4 paise higher at 88.72 (provisional) on Friday against the US dollar, but the pain may not end here. As per prediction by S&P, there is possibility of the rupee slipping all the way past the 90.$ mark over next two years. 

Markets crack on tariff uncertainty: Nifty closes down nearly 1%, Sensex plunges 700 points; small and midcaps selloff
The Indian equity benchmarks closed the week on a weak note, mirroring the global risk-off mood. The Sensex ended the day at 80,426.46, down 733 points or 0.90%, while the Nifty settled at 24,654.70, lower by 236 points or 0.95%. The Nifty Bank index also ended the session with losses of 1.08%.

GST cut a near-term bump, but positives in queue: Fitch