News Overview

Power Grid Corporation of India Limited secures a letter of award for developing a large-scale battery energy storage system in Andhra Pradesh.

Stocks in focus on year-end: PowerGrid wins BESS project, RITES bags $3.6 mn order, Privi sees ₹700 Cr block deal, IFCI exits NEDFi stake, Bharat Forge wins ₹1,662 Cr defence order.

A quick look at 7 key global and domestic signals over the last one week

In the coming week, a lot will depend on FPI allocations and the direction of the Indian rupee

Markets had a lacklustre week as investors tried to salvage some pride towards the end of a volatile year

FPIs net sold equities worth $(62) Million this week, as FPIs remained cautious ahead of the year-end

As of September 2025, the Government of India held a 51.14 percent stake in the company, underscoring its strategic importance in the defence sector.

Grasim said the proposed restructuring is intended to bring renewable energy assets and related service capabilities under a single consolidated platform

The company said that it will disclose further details such as appointed date and implementation timeline, after receiving necessary approvals.

The company said the project is expected to be completed six months ahead of schedule and will help address water supply challenges in Navi Mumbai