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......

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......

Corporate, PE investments in EV start-ups grow 170%

The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year. Driven by the......

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......

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:......