Solar energy installations in the calendar year 2018 dropped 15.5 per cent to 8,263 megawatt (MW) due to a safeguard duty regime, GST and land and transmission issues, says Mercom India's new research.

In 2018, investments in the Indian solar sector totalled over $9.84 billion, 15 per cent lower compared to the previous year. Rooftop solar, however, had an impressive year growing by 66 per cent on year-over-year.

With a networth of $54 billion, Reliance Industries Chairman Mukesh Ambani has broken into the global top 10 richest billionaire list complied by Hurun Research.

"The only Asian in the Top 10, Ambani's wealth is based on telecom, retail and energy, and bucked the poor stock market trend in India last year," Hurun Research said in a statement.

NEW DELHI: Hyundai Motor India Wednesday said its SUV Creta has crossed 5 lakh cumulatives sales milestone since its launch in July, 2015.

The company has sold 3.7 lakh units of the SUV in India and over 1.4 lakh units across international markets.

New Delhi: State-owned Indian Oil Corp (IOC) has won licences to retail gas in 10 cities while Hindustan Petroleum Corp Ltd (HPCL) won rights for nine towns as oil regulator PNGRB announced winners for the 10th city gas bid round.

IOC won city gas distribution licences for nine cities, most of them in Bihar and Jharkhand, on its own and one in a joint venture with Adani Gas, according to a press statement issued by Petroleum and Natural Gas Regulatory Board (PNGRB).

New Delhi: On the lines of airlines, the Indian Railways has started displaying reserved charts online to allow its passengers to see the status of seats while booking a particular train.

The user-friendly interface will give graphical representation of the train coaches and berth-wise accommodation status on website.

Even as INFO’s revenue growth improves — its FY19 EBIT margin exit at 22- 22.5% followed by wage hikes in 1QFY20, pose a risk to consensus EBIT estimate of 23.4% for FY20. This is a key concern weighing on the stock’s attractiveness. INFO’s recent revival under Salil Parekh in revenue growth came with an EBIT margin decline of 120bp, despite INR/USD depreciating 11% during the same period.

Google’s iPhone app that allows users to set up and control the company’s Home speakers indicated early Tuesday that Apple Music would soon be coming to the devices — suggesting that Apple Inc. was continuing to push its services beyond its hardware in an effort to generate more revenue.

But it was just a software bug, a spokesman for the Alphabet Inc. company said.

WhatsApp has just turned ten and it’s already celebrating. Started by two ex-Yahoo employees in 2009, WhatsApp today has grown to become the world’s most popular chat app, outdoing some of the established names. The journey, however, has had its highs and lows, especially after WhatsApp was formally acquired by Facebook in 2014 for $19 billion – the biggest takeover of the time.

The Ahmedabad bench of the National Company Law Tribunal (NCLT) on Tuesday turned down Reliance Industries’ application to be heard as an operational creditor.

RIL opposed ArcelorMittal India’s Rs 42,000 crore resolution plan for Essar Steel before the two-member bench of Harihar Prakash Chaturvedi and Manorama Kumari.

Even as the Reserve Bank of India (RBI) on Monday extended the timeline for issuers of wallets and other prepaid payment instruments (PPIs) for completing the know-your-customer (KYC) registration by six months, industry players said the inability to carry out the eKYC remotely will continue to be a pain point.

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