Adani Power re-positions its fleet of thermal plants as grid balancers; targets 24 GW capacity addition
As India’s power grid tilts rapidly towards renewables, Adani Power is repositioning its thermal fleet as a support system for grid stability, with plants increasingly acting as balancing power sources to enable larger renewable integration, even as the company rolls out a 24-GW capacity expansion plan through FY32 backed by long-term power purchase agreements. “Now the entire game has become to keep generation capacity available to help integrate more renewable power into the grid and to continue to supply base load power. The (thermal) power plants will now act more as balancing power plants and therefore the focus will be on keeping the plant uptime as high as possible, rather than actually trying to maximise the PLF,” said Dilip Jha, Chief Financial Officer of Adani Power.

Tata Steel Q3 profit soars 9-fold YoY to Rs 2,730 crore on Dutch unit boost
Tata Steel PAT surges eightfold in Q3, beats estimates
The Financial Express

‘India is an ‘and’ not ‘or’ market for diamonds’: Arun Narayan, CEO, Jewellery at Titan
Arun Narayan, chief executive officer, jewellery division, Titan, took over as its head in January at a time when gold prices have remained volatile. He also came in when Titan stepped into the lab-grown diamond category with beYon, even as it continues to push natural diamonds. In an interview with Viveat Susan Pinto, Narayan throws light on the current jewellery buying trends, stress at lower price points and growth plans for beYon. Excerpts:

Hindustan Zinc and JNCASR create stable, low-cost zinc-ion battery prototypes
New Delhi: Vedanta group firm Hindustan Zinc Ltd on Friday said it, in association with the Jawaharlal Nehru Centre for Advanced Scientific Research, has developed zinc-ion battery pouch cell prototypes for large-scale renewable energy storage. The development marks a significant step in India's indigenous research on energy storage technologies.

Power ministry rolls out India Energy Stack v0.3 framework
The Centre on Tuesday rolled out the latest version of the India Energy Stack framework, a key initiative aimed at reshaping how power data flows across utilities, markets and consumers in India’s rapidly evolving electricity sector.

Markets close higher: Nifty, Sensex end with over 3% gains for the week, but Nifty IT plunges 6% this week
Markets at close: Indian equity benchmarks finished Friday’s trade on a higher note, paring losses. The Nifty 50 settled 51 points or 0.20% higher at 25,694, while the Sensex closed 266 points or 0.32% higher at 83,580.