Share Market News

Greenko Energies is considering an IPO that could raise up to $1 billion. The potential listing comes as renewable energy stocks face pressure following the weak market debut of sector peer Clean Max Enviro Solutions.

The Uttar Pradesh government has partnered with OneOTT Intertainment to expand broadband connectivity in rural areas under Project GANGA. The initiative aims to connect over 20 lakh households and create more than 1 lakh jobs across the state.

Aluminium prices rose sharply after concerns that tensions in the Middle East could disrupt global supply routes. Markets are now watching shipping through the Strait of Hormuz and production levels at major Gulf smelters.

PSU banks in India are struggling to recover nearly ₹29 lakh crore from large defaulters. The data comes even as the government says bank NPAs have fallen to a decade-low level.

Dixon Technologies shares jumped about 7% after the government approved its joint venture with China’s HKC Overseas for display manufacturing. The partnership will focus on producing display modules used in smartphones, TVs, laptops, and automotive screens.

India has notified standards for green ammonia and green methanol, setting emission limits for them to qualify as “green.” The move supports the National Green Hydrogen Mission and could help decarbonise industry while boosting green fuel exports.

Oil prices fell on Tuesday after Donald Trump said the US-Israel war on Iran may end sooner. Markets also reacted to plans by G7 nations to ease supply pressure.

General Motors has relaunched its ACDelco brand in India through a licensing deal with Assurance Intl. It will focus on batteries and lubricants to take advantage of the country’s fast-growing automotive aftermarket.

CreditAccess Grameen has signed a $75 million syndicated loan agreement with global lenders, adding to its overseas funding base and supporting lending under its social loan framework focused on financial inclusion.

Government-owned IIFCL expects its loan book to exceed ₹1 Lakh Cr. by FY27 and aims to double its assets within three years.

The government has invoked the Essential Commodities Act to preserve the supply of LPG for domestic households. Companies are directed to use propane and butane supplies to produce LPG.

India recorded its highest-ever February electricity consumption at about 133 billion units, driven by warmer temperatures and rising industrial activity. Higher demand was also reflected in power market trading volumes, while electricity prices softened due to sufficient supply.