Moxie Power Generation has won a competitive bid to supply 558 megawatts of electricity to Tamil Nadu’s state-run distribution utility under a five-year agreement. The contract is expected to strengthen power availability in one of India’s most industrialized states while providing revenue visibility to the generating company. The arrangement reflects sustained demand growth in southern India, driven by manufacturing expansion, urbanization and rising household consumption.

India is poised to strengthen its access to critical minerals through strategic cooperation agreements with Germany and Canada, reflecting an urgent push to safeguard supply chains essential for clean energy, advanced manufacturing and digital infrastructure. The Union Cabinet is expected to approve the proposed partnerships, which aim to deepen collaboration in mineral exploration, processing technologies and long-term procurement frameworks.

Gold futures retreated to Rs 1.61 lakh per 10 grams, reflecting profit booking and shifting global risk sentiment. The decline follows a period of strong upward momentum driven by geopolitical uncertainty and central bank buying. Analysts attribute the latest correction to a firmer dollar, fluctuating bond yields and short-term liquidation by leveraged traders. While the pullback signals cooling momentum, underlying demand dynamics remain intact, supported by inflation hedging and macroeconomic uncertainty.

CleanMax has announced an investment of Rs 1,200 crore to develop a 200 megawatt solar park in Andhra Pradesh, reinforcing the state’s push toward renewable energy expansion. The project is expected to generate employment opportunities during construction and operational phases while strengthening industrial access to clean power. The investment aligns with Andhra Pradesh’s broader strategy to attract green capital and accelerate energy transition initiatives.

India has installed 5.5 crore smart electricity meters under the Revamped Distribution Sector Scheme, marking a significant step toward digitizing the country’s power distribution network. The rollout aims to reduce transmission losses, enhance billing transparency and improve financial sustainability for distribution companies. Government officials have emphasized the integration of artificial intelligence and data analytics to optimize grid management and consumer services.

ITC Hotels has strengthened its footprint in North India with the launch of a new Welcomhotel property in Mohali, marking a strategic expansion in a fast-growing urban and business corridor. The addition aligns with the company’s asset-light growth model and its focus on tapping emerging hospitality markets beyond traditional metros. Mohali’s expanding corporate ecosystem, improved infrastructure, and proximity to Chandigarh position it as a promising destination for premium hospitality.

Engineering solutions provider DEE Development Engineers has secured new orders worth Rs. 170 crore, reinforcing its execution pipeline and signaling sustained demand across industrial and infrastructure sectors. The contracts are expected to enhance revenue visibility and support operational momentum over the coming quarters. Industry analysts note that consistent order inflows are critical indicators of business stability in capital-intensive engineering segments. 

Reliance Industries Ltd has unveiled an ambitious Rs. 10 lakh crore (approximately USD 110 billion) investment plan focused on artificial intelligence, energy infrastructure, and digital ecosystems over the next seven years. The commitment marks another decisive shift in the conglomerate’s nearly five-decade evolution, echoing its transformative push into telecom and consumer technology between 2014 and 2021. Chairman Mukesh Ambani said the group aims to democratize AI access in India, much as it previously expanded affordable mobile data nationwide.

India’s benchmark equity indices ended higher on Monday, supported by strong gains in public sector banks, automobile stocks, and financial counters after a key U.S. judicial ruling eased global trade concerns. The BSE Sensex climbed 479.95 points to close at 83,294.66, while the NSE Nifty advanced 141.75 points to settle at 25,713. Intraday momentum pushed both indices to fresh session highs before mild profit-booking capped gains. Improved global risk appetite, coupled with renewed foreign investor interest, strengthened domestic sentiment. Market participants interpreted the U.S.

Amazon has inaugurated a new 11 lakh square foot corporate office near Yelahanka in Bengaluru, marking its 10th office facility in Karnataka and reinforcing its long-term commitment to India’s technology and e-commerce ecosystem. Karnataka’s Minister for Large and Medium Industries, M. B. Patil, said the company plans to invest $35 billion in India over the next four years. The investment is projected to support 15 million small businesses and generate significant employment.