Category: Business

Business

TruAlt Bioenergy’s ₹839-crore IPO to open on September 25

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TruAlt Bioenergy’s ₹839-crore IPO to open on September 25

Image for representational purposes only. | Photo Credit: Getty Images Biofuels producer TruAlt Bioenergy Ltd on Monday (September 22, 2025) fixed a price band of ₹472 to ₹496 per share for its upcoming ₹839-crore initial public offering (IPO). The company’s maiden share sale will open for subscription on September 25 and conclude on September 29, according…

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Business

Key infrastructure sectors’ growth hits 13-month high of 6.3% in August

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Key infrastructure sectors’ growth hits 13-month high of 6.3% in August

The core sectors’ output growth was 3.7% in the previous month of July. File | Photo Credit: Reuters India’s eight key infrastructure sectors’ growth jumped to a 13-month high of 6.3% in August 2025 on account of expansion in coal, steel, and cement production, according to official data released on Monday (September 22, 2025). The…

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Govt sanctions release of 25 lakh additional LPG connections under PM Ujjwala

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Govt sanctions release of 25 lakh additional LPG connections under PM Ujjwala

Launched in 2016, the primary objective of the scheme is to provide LPG connections to poor households. | Photo Credit: PTI The Union Government on Monday (September 22, 2025) sanctioned the release of 25 lakh additional LPG connections under the Pradhan Mantri Ujjwala Yojana (PMUY) during the ongoing financial year (2025-26). As a result of…

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Business

Rupee falls 15 paise to close at 88.31 against U.S. dollar

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Rupee falls 15 paise to close at 88.31 against U.S. dollar

Image for representational purposes only. | Photo Credit: Reuters The rupee depreciated 15 paise to close at 88.31 (provisional) against the U.S. dollar on Monday (September 22, 2025), as investors weighed President Donald Trump’s H-1B visa fee hike impact on Indian remittances amid heightened risk-averse sentiment. Forex traders said the recent hike in H-1B visa…

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Business

Stock markets fall dragged by IT firms on U.S. H-1B visa fee hike concerns

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Stock markets fall dragged by IT firms on U.S. H-1B visa fee hike concerns

Benchmark equity indices Sensex and Nifty ended lower on Monday (September 22, 2025). | Photo Credit: PTI Benchmark equity indices Sensex and Nifty ended lower on Monday (September 22, 2025), dragged by IT stocks amid concerns over the U.S. President Donald Trump’s decision to raise H-1B visa fees to $1,00,000 per worker. Also, selling in…

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Business

Coal Ministry says GST reforms to address input tax credit anomalies, levels playing field for all coal variants

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Coal Ministry says GST reforms to address input tax credit anomalies, levels playing field for all coal variants

Image for representational purposes only. | Photo Credit: Reuters The Coal Ministry, in a statement issued on Monday (September 22, 2025), said that the reforms finalised at the 56th Council of the meeting, most of which came into force on September 22, would help rationalise tax burden across all grades of coal to ensure “equitable…

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Business

Electrical engineering firm Empowertrans commissions Odisha’s first digital process bus-based 132 KV grid station 

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Electrical engineering firm Empowertrans commissions Odisha’s first digital process bus-based 132 KV grid station 

Odisha deputy Chief Minister and Energy Minister K.V. Singh Deo facilitates Asit Pradhan, Managing Director, Empowertrans at an event on September 22, 2025. Photo: Special Arrangement Empowertrans, an electrical engineering company, serving power transmission infrastructure segments, for Power Utility and Power Generation industries across India, said it has successfully commissioned Odisha’s first-ever digital Process Bus-based 2×20 MVA,…

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Business

Essar firm Ultra Gas and Energy emerges as major LNG autofuel retailer in India

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Essar firm Ultra Gas and Energy emerges as major LNG autofuel retailer in India

Maqsood Shaikh, Managing Director & CEO, Ultra Gas & Energy Ltd Ultra Gas & Energy Ltd (UGEL), an Essar venture, said it has emerged as India’s “largest private operator and highest dispensing LNG refuelling outlets (RO)“, with six stations operational across major freight corridors.  These ROs are located at Bhilwara (Rajasthan), Anand (Gujarat), Chakan-Pune (Maharashtra),…

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