Month: November 2025

Reliance Industries halts import of Russian oil into their SEZ refinery

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Reliance Industries halts import of Russian oil into their SEZ refinery

Reliance Industries has stopped importing Russian crude oil into their SEZ refinery with effect from Thursday (November 20), spokesperson for the privately-owned refiner informed. It held that starting December 1, all product exported from their SEZ refinery will be obtained from non-Russian crude oil. “This transition has been completed ahead of schedule to ensure full…

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Business

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World

Solar-module sector faces shake-up as overcapacity looms: ICRA analysts

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Solar-module sector faces shake-up as overcapacity looms: ICRA analysts

A general view of installed solar panels at the Khavda Renewable Energy Park of Adani Green Energy Ltd (AGEL), in Khavda, India. File | Photo Credit: Reuters India’s solar module manufacturing industry is headed for consolidation over the next three to five years as overcapacity and rapid technology shifts squeeze smaller players, ICRA analysts said…

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Business

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