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EnVen Energy Corporation Announces Acquisition of Neptune

EnVen Energy Corporation has closed a transaction to acquire 35% ownership interest in the Neptune field from BHP Billiton Petroleum (Deepwater) Inc. (BHP)...

Business | May 25, 2021 | By News Bureau | 2643 readings

Adani Green Sells Majority Stake in Mundra Solar Energy to Adani Tradecom

Renewable energy plant developer Adani Green Energy Ltd (AGEL), via its wholly-owned subsidiary Adani Renewable Energy Holding Four Ltd, has sold its majority...

Business | May 24, 2021 | By Manu Tayal | 4011 readings

Ola Strengthens UK Board; Names Sir Mike as Chairman, Leon Daniels as Director

India’s largest mobility platform Ola is currently on a hiring spree and in line with this, it has announced the joining of Sir Mike Rake on the Ola UK...

Business | May 20, 2021 | By Manu Tayal | 2571 readings

JinkoSolar Reshuffles Senior Management Ahead of Subsidiary Listing on Exchange

Ahead of the proposed listing of its principal operating subsidiary, Jinko Solar Co Ltd (Jiangxi Jinko), JinkoSolar Holding Co Ltd has reshuffled its senior...

Business | May 18, 2021 | By Manu Tayal | 2658 readings

IEX Net Profit Jumps over 33.6% to Rs 60.8 Cr in Q4

The Indian Energy Exchange (IEX) has posted a nearly 33.6 per cent surge in its consolidated net profit after tax at Rs 60.8 crore in the March 2021 quarter,...

Business | May 15, 2021 | By Manu Tayal | 2595 readings

Total Eren successfully signed solar photovoltaic project in Uzbekistan

Total Eren, a leading renewable energy Independent Power Producer based in Paris, has successfully signed the financing documentation related to its solar photovoltaic...

Business | May 11, 2021 | By News Bureau | 2694 readings

Ola Electric Ropes in N Balachandar as Chief Human Resources Officer

In line with its expansion plans, India’s one of the leading mobility platform Ola’s electric vehicle (EV) arm, Ola Electric, has been currently...

Business | May 07, 2021 | By Manu Tayal | 2971 readings

Solis Revenue Rises 83% to $321.6 Mn in 2020

Ginlong Technologies Co Ltd (Solis) has reported a y-o-y growth of 83 per cent in its revenue to USD 321.6 million in 2020.

Business | May 07, 2021 | By Manu Tayal | 3015 readings

Hitachi ABB Power Grids in India PAT Rises 35% to Rs 39.4 Cr in Q1

Hitachi ABB Power Grids in India has reported a growth of 34.9 per cent in its profit after tax (PAT) at Rs 39.4 crore during the first quarter of FY21.

Business | May 06, 2021 | By Manu Tayal | 2348 readings

AVEVA, Maire Tecnimont Partner for Industrial Digital Transformation

AVEVA has signed a memorandum of understanding (MoU) with EPC contractor Tecnimont, an arm of Maire Tecnimont Group to create new digital predictive and prescriptive...

Business | May 05, 2021 | By Manu Tayal | 2987 readings