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Solar firms learn to live with red tape

Financial Express Ahmedabad

|

August 04, 2025

Many have set up war rooms to deal with compliance challenges

- RAGHAVENDRA KAMATH & ARUNIMA BHARADWAJ

LATE LAST WEEK, India achieved a significant milestone by outpacing Japan to become the third-largest solar energy generating country in the world. The country has produced 1,08,494 GWh solar power compared to 96,459 GWh generated by Japan. The whopping 40% increase over the level 10 years ago has been achieved even though solar power producers are grappling with numerous approvals and licenses to set up plants.

PLUS D'HISTOIRES DE Financial Express Ahmedabad

Financial Express Ahmedabad

Vi arm VITIL raises ₹3,300 cr

DEBT-RIDDEN VODAFONE Idea on Thursday said its subsidiary VITIL has completed a ₹3,300-crore fundraise by way of issuing non convertible debentures.

time to read

1 min

December 19, 2025

Financial Express Ahmedabad

Oman FTA to boost capital flow

TRADE EXPERTS SAID the significance of the deal is more than what the current trade suggests, as it would help strengthen New Delhi’s economic and geopolitical presence at the mouth of the Gulf.

time to read

2 mins

December 19, 2025

Financial Express Ahmedabad

More pressure likely for GIC Re

THE REDUCTION IN capital requirements for foreign reinsurance branches (FRBs) under the latest Insurance Amendment Bill is expected to attract more overseas players into the ₹98,000-crore domestic reinsurance market.

time to read

1 mins

December 19, 2025

Financial Express Ahmedabad

'Insolvency resolution time will come down by at least 50%'

The Insolvency and Bankruptcy Code (IBC) is getting ready for its biggest overhaul in over nine years of its existence.

time to read

3 mins

December 19, 2025

Financial Express Ahmedabad

Oman FTA to facilitate easier flow of capital, professionals

ALMOST ALL EXPORTS from India to Oman will be at zero duty after the trade agreement signed on Thursday between the two countries comes into force by March, with farm goods, textiles, engineering, electronics, chemicals and auto sectors among the major beneficiaries.

time to read

1 min

December 19, 2025

Financial Express Ahmedabad

No problem with Centre, except on statehood, but L-G interfering: Omar

J&K CHIEF MINISTER

time to read

2 mins

December 19, 2025

Financial Express Ahmedabad

'We are scaling up expansion at Flipkart Minutes'

Flipkart Minutes, the quick commerce arm of Flipkart, plans to add around 500 new dark stores in the next three months.

time to read

2 mins

December 19, 2025

Financial Express Ahmedabad

‘Bike taxis have huge headroom to grow’

Uber India's two-wheeler business is now its fastest-growing segment.

time to read

1 min

December 19, 2025

Financial Express Ahmedabad

Railways failed to monetise vacant land, says CAG report

OUT OF A land holding of about 488,000 hectares, the Indian Railways could identify by March 2023 only 13% as vacant land and managed to award a negligible 0.14% of it to developers, according to a report of the Comptroller and Auditor General of India (CAG) tabled in the Lok Sabha on Thursday.

time to read

1 min

December 19, 2025

Financial Express Ahmedabad

No binding pact: Shriram clarifies on MUFG deal

SHRIRAM FINANCE ON Thursday said it has not entered into any binding agreement with any investor, responding to a stock exchange query on a media report that Japan's Mitsubishi UFJ Financial Group (MUFG) may invest up to $5 billion in the company for a 20% stake.

time to read

1 min

December 19, 2025

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