Economic Times5/2/2026BusinessIndia
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Developing·4m ago
Tata Power Targets Rs 1 Lakh Crore Revenue, Rs 10,000 Crore Profit by 2030
Tata Power aims for Rs 1 lakh crore revenue and Rs 10,000 crore profit by 2030, driven by expansion in generation, transmission, distribution, renewables, and manufacturing. The company plans a new 10 GW solar project in Odisha and is open to entering the nuclear power segment with small modular reactors.
Economic Times
Developing·14m ago
Trent Shares Plunge 10%, Erasing Rs 18,000 Crore Market Value After Q1 Revenue Miss
Trent's shares dropped 10% on Tuesday, wiping out nearly Rs 18,000 crore in market cap. The sharp decline followed Q1 revenue growth of 19%, missing Street estimates. While most brokerages remain bullish, citing seasonal slowdown, Citi warns of structural challenges.
Economic Times
Developing·39m ago
Info Edge Shares Surge on Strong Q1 Billings and Strategic Acquisitions
Info Edge's stock price rose significantly due to a 14.4% year-on-year increase in Q1FY27 billings, driven by its recruitment and real estate sectors. The acquisition of Coding Ninjas and increased investment fund commitment further boosted investor confidence.
Economic Times
Developing·41m ago
Defence Stocks Dip as Investors Book Profits After DAC's Rs 52,000 Crore Acquisition Approval
Defence company shares, including ideaForge and Paras Defence, fell up to 5% on Tuesday. This profit-booking follows a rally triggered by the Defence Acquisition Council's approval of Rs 52,000 crore in capital acquisitions for the armed forces.
Economic Times
Developing·48m ago
India Considers 'India-Plus Contribution Scorecard' for Foreign Investment
A new report proposes an 'India-Plus Contribution Scorecard' to evaluate foreign investors based on economic contributions like exports and technology. Companies scoring over 70 would get 90-day single-window clearance, while national security screening remains mandatory.
Economic Times
Developing·50m ago
Centre to Sell 2.52% Stake in Cochin Shipyard Ltd via Offer for Sale
The Centre is divesting 2.52% of its stake in Cochin Shipyard Limited (CSL) through an Offer for Sale (OFS) with a floor price of Rs 1,400 per share. The sale, with an option to sell an additional 2.52%, aims to support India's maritime ecosystem development.
Times of India