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Adani, Ambani race to lead mega energy transition: Bernstein

September 16, 2025

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Business Standard

India’s top business tycoons Mukesh Ambani and Gautam Adaniare racing to turn barren salt flat lands in Gujarat’s Kutch desert into the backbone of India’s biggest green power push, with Bernstein Research dubbing it the “Reign of Kutch” in a report on Monday.

- DEV CHATTERJEE

Adani, Ambani race to lead mega energy transition: Bernstein

Reliance Industries Ltd (RIL) and the Adani group holds each roughly 500,000 acres in the region — enough to generate more than 100 gigawatts (Gw) of solar capacity pergroup, equivalent to the total installed power capacity of Japan. But the strategies of the two billionaires reflect their contrasting corporate game plans, the report said.

المزيد من القصص من Business Standard

Business Standard

Mitsui, oil firms in talks on joint vessel ownership

Tokyo-headquartered Mitsui OSK Lines(MOL) is in talks with Indian oil marketing companies (OMCs) for joint ownership of oil carriers, Anand Jayaraman, the shipping company’s executive officer for South Asia & Middle East region, told Business Standard.

time to read

1 mins

February 28, 2026

Business Standard

Business Standard

Heroes versus role models

YES, BUT...

time to read

3 mins

February 28, 2026

Business Standard

Gold loan share in bank retail credit doubles to 6% in a year

Loans against gold jewellery surged 128.8 per cent year-on-year (Y-o-Y) to nearly ₹4 trillion in January, mirroring the sharp rise in gold prices, latest Reserve Bank of India (RBI) data shows.

time to read

1 min

February 28, 2026

Business Standard

Business Standard

Auto PLI distorted e2W market, hurt innovation: C-DEP report

The production-linked incentive (PLI) scheme for the automobile sector has created market distortions, excluded innovation-led electric two-wheeler (e2w) makers, and failed to convert cost advantages into export competitiveness, with 77 per cent of export volumes driven by non-PLI models, said a report released by the Centre for Domestic Economy Policy Research (C-DEP) on Friday.

time to read

3 mins

February 28, 2026

Business Standard

Business Standard

A statistical reset that strengthens GDP credibility

The Ministry of Statistics and Programme Implementation (Mospi) has completed the revision of India’s national accounts with a new base year of 2022-23.

time to read

3 mins

February 28, 2026

Business Standard

NCERT recalls copies of banned class 8 textbook

The NCERT on Friday issued an advisory asking anyone with copies of the banned class 8 textbook that had a chapter on “judicial corruption” to return them to the council headquarters.

time to read

1 min

February 28, 2026

Business Standard

Consumption demand recovers in FY26, but govt spending flat

As Mospi released GDP numbers on new base year of 2022-23, the new series, incorporating improved data sources and several methodological changes, is expected to reflect economic reality more accurately

time to read

2 mins

February 28, 2026

Business Standard

US licences for India’s Venezuelan oil purchases mask ground realities

A wave of Indian optimism sparked by the United States easing control over Venezuelan oil is hitting ground realities.

time to read

3 mins

February 28, 2026

Business Standard

₹30 cr to promote small entrepreneur exports

Rajasthan will spend₹30 crore to encourage small entrepreneurs to promote exports, Industry and Commerce Minister Rajyavardhan Singh Rathore said.

time to read

1 min

February 28, 2026

Business Standard

India set to enter global chipmakers' club with Micron's Sanand debut

When the project was being planned, executives in Micron had said that at the heart of the plant would be the clean room, which would be 1 million square feet, among the largest for an ATMP plant.

time to read

1 min

February 28, 2026

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