VIKRAM SOLAR ORDER WIN
Vikram Solar shares zoom 7% after securing 336 MW module supply order from L&T
Vikram Solar's shares are set to gain attention following a significant 336 MW high-efficiency solar module order from Larsen & Toubro Construction. The modules, utilizing advanced Hypersol G12R N-type technology, will be deployed in Gujarat's Khavda Renewable Energy Park. This project is expected to improve efficiency and reduce the cost of solar energy.
Total Lunar Eclipse: When are next lunar eclipse, solar eclipse? Check date
Lunar eclipse occurs when the Sun, Earth and moon align, in that order. The type of lunar eclipse depends on how much of the moon passes through Earth's shadow.
Trump signs order offering some tariff exemptions to countries with US trade deals
President Trump signed an executive order to offer tariff exemptions to trading partners who secure deals on industrial exports like nickel, gold, pharmaceuticals, and chemicals. This move aims to reorder the global trading system and extract concessions through reciprocal trade agreements. The exemptions, effective Monday, cover items not sufficiently produced in the U.S.
India's solar industry, aiming to compete with China, finds strength as US tariffs hit home
India is aggressively expanding its solar manufacturing capabilities to compete with China, driven by government support and growing domestic demand. ReNew's factory in Jaipur exemplifies this push, contributing significantly to India's clean energy transition. Despite challenges like U.S. tariffs and reliance on Chinese materials, India's solar industry is poised for growth, aiming for energy independence and ambitious renewable energy targets.
Trump supports nuclear power as it is 'more American' than wind, solar, US official says
Agen said building out nuclear power is the third prong of the Trump administration's approach to winning the artificial intelligence race against China after extending the lifespans of aging coal plants that are retiring and increasing the efficiency of the existing electric grid. In recent weeks, President Donald Trump has deployed a range of tactics to stop offshore wind expansion, which was a cornerstone of former President Joe Biden's efforts to combat climate change but has struggled with soaring costs and supply chain snags.
Lack of functional CCTVs in police stations comes on apex court radar
The Supreme Court has initiated a suo motu public interest litigation addressing the absence of functional CCTV cameras in police stations, prompted by reports of eleven custodial deaths in the past seven to eight months of 2025.
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Nomura initiates coverage on Waaree Energies, Waaree Energies; predicts upside of up to 16%
Global brokerage Nomura has initiated coverage on Waaree Energies and Premier Energies, assigning a ‘Buy’ and ‘Neutral’ rating respectively. The brokerage cited India’s power demand, expected to grow at a 6% CAGR through FY30, as a key growth driver for potential upside in both stocks.
'The Game: You Never Play Alone' - Netflix's first Tamil web series of 2025 OTT release date announced. Check plot and cast
Netflix is set to premiere its first Tamil web series of 2025, 'The Game: You Never Play Alone,' on October 2. Directed by Rajesh M. Selva and starring Shraddha Srinath, this psychological thriller explores the dangers of hyper-connected lives. The series delves into secrets, trust, and deception as a game developer faces a cyberattack, examining themes of identity and betrayal.
Indian coal prices to be lower after tax revision, industry officials say
India's coal prices are set to decrease due to tax revisions. The consumption tax hike is offset by removing the carbon levy. This change may boost domestic coal demand, potentially reducing imports. Power generation costs could also fall. The move aims to aid power producers and Coal India's sales. Consumer tariffs might decrease if distribution companies pass on the savings.
Trump's 50% tariffs put India's billionaire families in the crosshairs
Donald Trump's imposition of 50% tariffs on Indian goods has sparked concerns among India's top business families, particularly those with significant exports to the US. Companies like Reliance Industries, Adani Group, and ArcelorMittal face potential setbacks due to these tariffs, impacting their revenue and export strategies.
Terror funding case: SC notice to NIA on Kashmiri separatist leader Shabir Shah's plea for bail
The Supreme Court has requested a response from the National Investigation Agency (NIA) regarding Shabir Ahmed Shah's appeal against the Delhi High Court's decision to deny him bail in a terror funding case. While refusing interim bail due to Shah's claimed illness, the court has scheduled a hearing in two weeks.
Vikram-32 chip: What are the features of India’s first desi microchip built by ISRO?
India unveiled its first indigenous 32-bit processor, Vikram-32, developed by ISRO's Semiconductor Laboratory. This milestone signifies India's advancement towards semiconductor self-reliance, with the chip validated in space during the PSLV-C60 mission. The processor's robust design suits various sectors, and the government supports semiconductor growth with multiple projects and investments, positioning India as a key player in the global semiconductor landscape.
India's power output rises at fastest pace in five months on industrial boost
India's power generation surged in August, marking the fastest increase since March, driven by a robust manufacturing sector fueled by strong demand. This surge propelled coal-fired power generation upwards for the first time in five months. While renewable energy sources significantly contributed to the 4% overall output increase to 161.24 billion kWh, coal's share also rose slightly.
'Peace & tranquility along border is like insurance policy for ties': India to China
Narendra Modi and Xi Jinping met to discuss India-China relations. Modi stressed border peace for smooth ties. He raised cross-border terrorism, seeking China's support. Xi suggested strengthening communication and cooperation. Both leaders agreed differences shouldn't become disputes. A stable relationship benefits both nations. Modi emphasized peace for continued development. The leaders aim to guide future relations positively.
PM Modi stresses LAC calm; President Xi Agrees, Eyes Big Picture
Narendra Modi and Xi Jinping met in Tianjin. They aimed for a fair resolution to the border issue. Both nations want mutual trust and respect. Disengagement happened last year, maintaining peace. Xi emphasized friendship and not letting the border define relations. Differences should not become disputes, said Modi. Peace in border areas is needed for smooth ties.
Nippon India Silver ETF crosses Rs 10,000 crore AUM marking historic milestone for India’s silver investment landscape
Nippon India Silver ETF crossed Rs 10,000 crore AUM, reflecting growing investor acceptance. Offering transparent, cost-efficient, and convenient exposure to silver, the ETF benefits from global demand, diversification, and strong returns, delivering a 17.07% CAGR since its 2022 launch.
Waaree Energies shares rally 8% in 2 days on fresh US solar contract
Waaree Energies shares rose 4% after its U.S. unit secured a 452 MW solar module order from a leading American renewable developer, extending a two-day rally to 7.7%. Backed by strong Q1 earnings, margin expansion, and a steady flow of international contracts, the company is boosting U.S. presence by doubling capacity at its Texas plant by 2025.
Vikram Solar IPO gave 2% return for retail investors, but how did Arvind Kothari make 200% more money?
Vikram Solar’s IPO debut delivered modest listing gains but validated Niveshaay’s conviction, with market cap tripling since its 2024 investment. Strong exports, government support, and renewable energy focus drive optimism despite premium valuations.
Vikram Solar shares zoom 9% after a muted D-Street debut
Vikram Solar shares: The stock rallied 9.2% on Tuesday, trading 12% above its IPO price as strong revenue outlook and robust order book revived investor interest after a muted debut.
Vikram Solar makes a muted D-St debut, shares list at 2% premium over IPO price
Vikram Solar share price: Vikram Solar's shares debuted with a modest premium on the stock exchanges, following a highly successful IPO that was oversubscribed 56.42 times. The company, a major solar PV module manufacturer, witnessed strong financial growth in FY25, with revenue increasing by 37% and profit after tax surging by 75%. Post-IPO, Vikram Solar's market capitalization is estimated at Rs 12,009 crore.
4 IPO listings tomorrow, one big favourite. Check which one has the highest debut potential
Dalal Street anticipates a busy day as Patel Retail, Vikram Solar, Shreeji Shipping, and Gem Aromatics debut on the stock exchanges. Patel Retail leads with an 18% GMP and record subscription, followed by Vikram Solar at 14% and Shreeji Shipping at 13%. Gem Aromatics posts a modest 8% GMP, with strong institutional and retail interest potentially driving positive listing gains.
Vikram Solar listing tomorrow, GMP hints at double-digit premium. Here's what to expect
Vikram Solar’s IPO, heavily subscribed at 56.4x, is set to debut on August 26 with a grey market premium of Rs 41. The solar module manufacturer, with 4.5 GW capacity, plans expansion into cell manufacturing and battery storage. FY25 revenue stood at Rs 3,423 crore, with strong EBITDA and PAT growth.
Vikram Solar IPO allotment. Check Status, GMP and other details
Vikram Solar IPO's allotment status is out today, with shares to list on August 26. The IPO saw strong demand, subscribed 56.42 times overall. Investors can check allotment via MUFG Intime or NSE website using PAN, application number, or DP/Client ID. Successful allottees will receive shares in their demat accounts by August 25, with refunds initiated the same day.
Vikram Solar IPO subscribed 6.2x on Day 3; GMP hints at 14% listing pop. Should you subscribe?
Vikram Solar’s Rs 2,079 crore IPO has drawn robust demand, with overall subscription at 6.17 times on Day 3, led by strong retail and NII interest. The grey market premium of Rs 48 hints at a 14.5% listing gain. Backed by rapid capacity expansion and strong domestic demand, analysts recommend subscribing despite current lower margins.
Vikram Solar shifts expansion focus to Tamil Nadu, Bengal unit to see limited growth
Vikram Solar Ltd, an Indian solar panel manufacturer, is significantly expanding its production capacity, targeting 17.5 GW for modules and 12 GW for cells by FY27. While maintaining its West Bengal presence, the company will focus new projects in Tamil Nadu, including an integrated solar cell and module facility.
Vikram Solar IPO subscribed 4.56 times on day 2, GMP signals 14% listing pop. Should you subscribe?
Vikram Solar IPO: As of August 20, Vikram Solar’s IPO was commanding a grey market premium (GMP) of ₹48. Against the upper price band of ₹332, this translates to an estimated listing price of ₹380, indicating a potential 14.5% gain.
Vikram Solar IPO subscribed 1.52 times on Day 1; GMP at 18%. Should you apply? Check other key details
Vikram Solar IPO: According to market observers, Vikram Solar’s shares are currently trading at a grey market premium (GMP) of approximately 18% above the upper end of the issue price, which is Rs 332 per share. This suggests robust investor interest ahead of the company's stock market debut.
Vikram Solar IPO opens for subscription; GMP at 16%. Should you apply?
Vikram Solar launched its Rs 2,079-crore IPO for subscription. The IPO includes a fresh issue and an offer for sale. The company expects to raise about Rs 2,079 crore. The IPO has reserved shares for QIBs, retail investors, and NIIs. Vikram Solar plans to expand capacity and diversify into solar cell manufacturing. SBI Securities recommends subscribing to the issue.
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