BOJ's Takata urges nimble rate hikes, says 2026 marks a turning point
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Permira to buy 25.71% in Cloudnine Hospitals parent: CCI filing
Permira, a leading global private equity firm, is ready to buy a significant stake in Cloudnine Hospitals, which places the parent company's valuation at approximately eleven thousand crore rupees.
India’s solar bounty is becoming a grid headache
- India curtailed 11 terawatt-hours of solar power in 15 months
- Lack of transmission and storage infrastructure causes curtailment
- India needs more transmission lines, batteries, and flexible power system
India’s power demand is surging, but some solar energy is going to waste
BENGALURU, India (AP) — When India’s power demand surged at the height of summer, the country struggled to meet evening needs…
- India's power demand surges in summer, driving air conditioner use
- Country curtails 11 terawatt-hours of solar energy in 15 months
- Transmission and storage infrastructure limit utilization of excess solar power
Fortis Healthcare reviews Delhi HC ruling in Daiichi Sankyo case, may approach Supreme Court
In a significant development, Fortis Healthcare is assessing a recent decision from the Delhi High Court regarding the Daiichi Sankyo arbitration. The court's order for a forensic audit of earlier transactions poses a notable contingent liability for Fortis.
Karachi industry cries out over power tariffs
KARACHI: Amid disappointment among trade and industry over costly tariffs, K-Electric Board Chairman Shaheryar Chishti has said the company is investing Rs15 billion to upgrade its power infrastructure and ensure a reliable, uninterrupted electricity supply for the industrial sector.
Nestle sells supplements business for $1bn
ZURICH: Nestle will sell its mainstream vitamins, minerals and supplements business to US private equity firm Yellow Wood Partners for $1 billion, the Swiss food giant said in a statement on Tuesday. It said the transaction would allow it to focus resources on areas where it has the “strongest competitive advantage”.