Company News

Renewable energy firm KP Group has announced plans to establish a green ammonia facility in India, marking a significant step toward advancing the nation’s clean energy ambitions. The project will harness renewable power to produce ammonia, a critical industrial input increasingly viewed as a viable energy carrier for the future. With global demand for sustainable fuels rising and India targeting net-zero emissions by 2070, KP Group’s investment underscores the growing role of private players in accelerating the energy transition.

Maruti Suzuki has officially launched its new SUV, the Victoris, adding fresh momentum to India’s increasingly competitive sport utility vehicle segment. Positioned to attract both urban and semi-urban buyers, the Victoris combines a bold exterior design with advanced technology, safety features, and fuel-efficient powertrains. With the SUV market witnessing record demand, the company aims to capture a larger share of this fast-growing category while strengthening its leadership in passenger vehicles.

The central government has approved an extension for Gurdeep Singh as Chairman and Managing Director (CMD) of NTPC Ltd., India’s largest power generation company. Singh, who has been at the helm since 2016, will continue to lead the public sector enterprise, steering it through a critical transition phase marked by a dual focus on conventional energy expansion and renewable capacity growth. His tenure has been characterized by significant milestones, including diversifying NTPC’s portfolio into green energy and strengthening operational efficiency.

UrbanVault, a fast-growing player in the co-working ecosystem, has opened a new shared office facility in Bengaluru, further consolidating its presence in India’s startup capital. The expansion reflects the rising demand for flexible workspaces, driven by startups, freelancers, and enterprises adapting to hybrid work models. The move is also indicative of UrbanVault’s strategy to deepen its reach in high-demand markets, offering state-of-the-art infrastructure and community-driven work environments.

GH2 Solar has announced its foray into electrolyser manufacturing, marking a pivotal step in its ambition to play a central role in India’s green hydrogen ecosystem. By integrating electrolyser production into its portfolio, the company aims to address supply chain bottlenecks and support the country’s efforts to achieve energy security and decarbonization targets.

Real estate developer Signature Global has strengthened its footprint in the National Capital Region with the acquisition of a strategically located land parcel in Gurugram. The move underscores the company’s aggressive expansion plans amid robust housing demand in the Delhi-NCR market. Gurugram, long considered a realty hotspot, continues to attract developers owing to its strong infrastructure, corporate hubs, and rising aspirational housing demand.

Xiaomi has officially introduced HyperOS 3, the latest iteration of its proprietary operating system, marking another step in its ambition to redefine the smartphone software ecosystem. The update brings a suite of performance improvements, a streamlined user interface, and enhanced customization features aimed at delivering a more fluid and immersive user experience.

At its 48th Annual General Meeting on August 29, 2025, Reliance Industries unveiled a suite of AI-powered offerings, signaling its aggressive pivot into artificial intelligence across media and technology. Introducing Riya, JioPC, JioFrames, JioLenZ, and JioStar, the conglomerate framed these as catalysts for transforming user engagement and digital infrastructure in India. Concurrently, Reliance revealed plans for the Reliance Intelligence AI-centric subsidiary and announced the IPO of Reliance Jio, anticipated in the first half of 2026.

Reliance Retail is aiming to sustain a compound annual growth rate (CAGR) of 20% over the next three years, signaling its confidence in India’s consumption story and expanding market potential. Speaking at a recent business forum, Isha Ambani, Director of Reliance Retail Ventures Ltd., highlighted the company’s strategy to leverage technology, broaden its product offerings, and strengthen supply chains to consolidate its leadership in the sector.

Adani Power has announced plans to set up a 2,400 MW thermal power project in Bihar, marking one of the largest private sector investments in the state’s energy sector. The project, expected to significantly strengthen Bihar’s electricity supply, will address rising demand for power while supporting the state’s industrial and economic expansion. With India’s growing energy needs and Bihar’s push for infrastructure-led development, the venture is seen as a strategic step that aligns with both regional priorities and the national agenda for energy security.