Adani Green seals $1.36 bn financing for world's largest renewable energy park

Adani Green Energy (AGEL) on Tuesday announced it has secured a funding of $1.36 billion from a consortium of international banks as part of its construction financing framework. Photograph: Amit......

SFIO probes Sesa Goa for financial fraud

The government has ordered the Serious Fraud Investigation Office, to probe into mismanagement and financial irregularities in Vedanta Group-owned Sesa Goa and its subsidiary Sesa Industries (SIL),......

EV start-up SmartE gets Rs 100-crore funding from Mitsui

With its fleet of nearly 1,000 electric three-wheelers in Delhi-NCR, it moves around 100,000 commuters daily. The company will use the funding to rapidly increase its fleet size within Delhi-NCR as......

US continues to be biggest source of VC investment in India

Nearly half of the investments by various US-based investors have been made in Reliance subsidiary Jio. Illustration: Uttam Ghosh/Rediff.com The United States continues to be the biggest source of......

Counting the cost of Tokyo's Olympic delay

One-year postponement will likely cost 641 billion yen ($6 billion) IMAGE: New Olympics dates have yet to be set, leaving sponsors and businesses uncertain and scrambling. Photograph:......