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Andhra seals $12 bn Brookfield investment deal for green energy projects

Andhra seals $12 bn Brookfield investment deal for green energy projects

Leading global investment firm Brookfield on Friday evening signed a memorandum of understanding with the government of Andhra Pradesh, lining up investments to the tune of around $12 billion in multiple green energy projects across the state.

“This includes a clean energy-powered 3 GW data centre and additional clean energy projects across the state. Brookfield will also explore opportunities in module manufacturing and its supply chain, green molecules, hospitality, global capability centres, commercial real estate, infrastructure, ports, mobility, logistics hubs and industrial townships”.

9 killed in blast at J&K police station while handling seized explosives

9 killed in blast at J&K police station while handling seized explosives

An accidental explosion ripped through the Nowgam police station here, killing nine people and injuring 32, Director General of Jammu and Kashmir Police Nalin Prabhat said on Saturday, and ruled out any terror attack.

He said the blast occurred on Friday night when a specialised team was extracting samples from a large and "unstable" cache of explosives confiscated from Faridabad, Haryana in connection with the ongoing investigation into a 'white-collar' terror module.

Nitish Kumar to continue as Bihar CM? JD(U)'s deleted X post sparks buzz

Nitish Kumar to continue as Bihar CM? JD(U)'s deleted X post sparks buzz

Buoyed by their alliance's electoral imminent victory in the Bihar Assembly elections, the Janata Dal (United) on Friday posted on social media that Nitish Kumar would continue as chief minister. However, the post on X was soon deleted.

With counting still underway, trends as of 4 pm indicate a comfortable majority for the ruling National Democratic Alliance (NDA), with Nitish Kumar-led JD(U) emerging as the biggest gainer, leading on 84 seats, up from 43 seats in 2020.

Bihar elections: NDA scores a double century in blow to Mahagathbandhan

Bihar elections: NDA scores a double century in blow to Mahagathbandhan

The Bharatiya Janata Party (BJP) became the single largest party in a Bihar Assembly election for the first time, as it led the National Democratic Alliance (NDA) to a landslide win in results declared on Friday. The performance follows the party’s setback in the 2024 Lok Sabha polls, when it fell short of a simple majority.

Groww shares up 53% against issue price in 2 days; market-cap nears ₹1 trn

Groww shares up 53% against issue price in 2 days; market-cap nears ₹1 trn

Shares of Billionbrains Garage Ventures, the parent of online broking platform Groww, extended its rally, by soaring 17 per cent to ₹153.50 on the BSE in Thursday’s intra-day deal amid heavy volumes. Currently, Groww trades at a premium of 53 per cent when compared with issue price of ₹100 per share.

M&M, Manulife to set up life insurance JV with ₹3,600 cr investment

M&M, Manulife to set up life insurance JV with ₹3,600 cr investment

Mahindra & Mahindra (M&M) and Canada-based Manulife have signed an agreement to set up a 50:50 life insurance joint venture (JV) in India with a total capital commitment of up to ₹3,600 crore ($400 million). Each partner will invest ₹1,250 crore ($140 million) in the first five years.

Zelenskyy hit by major scandal as ex-biz partner accused of $100 mn graft

Zelenskyy hit by major scandal as ex-biz partner accused of $100 mn graft

Ukrainian President Volodymyr Zelenskyy is facing the biggest corruption scandal of his six-year presidency, as investigators accuse one of his former business partners of leading a multimillion-dollar bribery scheme, Kyiv Independent reported.

The case involves Timur Mindich, Zelenskyy's longtime associate and co-owner of his former entertainment company, Kvartal 95.

MP set to take 1st spot from Punjab in stubble-burning, reports 1,052 fires

MP set to take 1st spot from Punjab in stubble-burning, reports 1,052 fires

Stubble burning is almost synonymous with the north Indian states of Punjab and Haryana, yet Madhya Pradesh is fast emerging as the biggest contributor, The Times of India reported.

According to data by the Consortium for Research on Agroecosystem Monitoring and Modeling from Space (CREAMS), Madhya Pradesh, on Wednesday, reported 1,052 farm fires, the highest in the country on that day.

Red Fort blast case: DNA test confirms attacker; US offers help in probe

Red Fort blast case: DNA test confirms attacker; US offers help in probe

US Secretary of State Marco Rubio on Wednesday (local time) termed the blast that took place in Delhi on Monday evening as “clearly” a “terrorist attack” and lauded India’s professionalism in handling the investigation.

Delhi Police said a DNA test confirmed that the man who carried out the blast near Red Fort was Dr Umar Un Nabi.

Cabinet clears ₹45,060 cr schemes to boost exporters amid US tariff blow

Cabinet clears ₹45,060 cr schemes to boost exporters amid US tariff blow

The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved schemes worth ₹45,060 crore to support exporters, particularly micro, small and medium enterprises (MSMEs), grappling with challenges due to the 50 per cent tariff imposed by the United States (US) on several Indian products.

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