🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Reliance Infra shares jump 6%; BSE, NSE seek clarity on 'solar, battery manufacturing' setup report
Business Today
·
5m ago
Medial
Shares of Reliance Infrastructure surged 5.94% following reports about plans to establish solar and battery manufacturing units, prompting BSE and NSE to seek clarification. High trading volumes were observed, with the turnover reaching Rs 30.72 crore and a market capitalization of Rs 10,263.76 crore. The stock has fluctuated against various simple moving averages and holds a negative price-to-equity ratio. Reliance Infra is involved in EPC services, power distribution, and various infrastructure projects.
View Source
Related News
Rayzon Solar files DRHP with Sebi for Rs 1,500 crore IPO
Economic Times
·
1m ago
Medial
Rayzon Solar has filed for a Rs 1,500 crore IPO to fund its solar cell manufacturing expansion, using Rs 1,265 crore to establish a 3.5 GW facility. With existing 6.00 GW module capacity, Rayzon aims for 3.5 GW solar cell production by FY 2027. Profits have surged, with FY24 revenue at Rs 1,272.85 crore. The IPO will also fund a 19,800 MT aluminum unit. Shares will list on BSE and NSE with SBI Capital, Ambit, and IIFL Capital as managers.
View Source
Fujiyama Power Systems re-enters IPO arena with Rs 600 crore offering
Business Today
·
5m ago
Medial
Fujiyama Power Systems, a rooftop solar company, is launching a Rs 600 crore IPO to enhance manufacturing and repay debts. This IPO involves a fresh issue and an offer for sale of 20 million shares, with potential employee reservations. Managed by Motilal Oswal and SBI Capital, Fujiyama, known for solar panels and inverters, boasts a large distribution network and international reach. The listing will be on the BSE and NSE, with significant institutional and retail investor opportunities.
View Source
Anil Ambani’s Reliance Infra eyes EV foray, plans to make cars & batteries
Livemint
·
11m ago
Medial
Reliance Infrastructure, led by Anil Ambani, is reportedly planning to enter the electric vehicles (EVs) market in India. The company has hired consultants to conduct a feasibility study for building an EV plant with an initial capacity of 250,000 vehicles per year, which can later be scaled up to 750,000. Additionally, they are considering the feasibility of building a battery plant with a capacity of 10 gigawatt-hours, expanding to 75 GWh in the next decade. This move will put Anil Ambani's company in competition with his brother, Mukesh Ambani, who is also venturing into EV and battery manufacturing.
View Source
Zomato shares rally 6% to hit a fresh all-time high
Inshorts
·
8m ago
Medial
Zomato shares extended gains for second consecutive day and jumped over 6% during the intraday trading session till (December 5) to hit a fresh all-time high at ₹304.50 apiece on the BSE. The surge of stock price came on the back of heavy volumes, with over 5.84 crore equity shares worth ₹1,770.06 crore on the BSE and NSE.
View Source
In the bag: Reliance inks pact for up to ₹3,620 cr worth of battery PLI | Company Business News
Livemint
·
5m ago
Medial
Reliance New Energy Battery Ltd, a unit of Reliance Industries Ltd, secured a production-linked incentive (PLI) agreement worth ₹3,620 crore from the Indian government to establish 10 GWh of advanced chemical cells (ACC) manufacturing capacity. This initiative is part of a broader ₹18,100-crore PLI scheme aimed at enhancing India’s electric mobility and battery storage ecosystem. The scheme overall targets achieving 50 GWh total manufacturing capacity, with Reliance and other companies already securing portions of this incentive.
View Source
India's Reliance unveils swappable, multipurpose batteries for EVs
Reuters
·
1y ago
Medial
Indian oil refining company Reliance Industries showcased its swappable and multipurpose battery storage technology for electric vehicles (EVs) at a renewable energy exhibition. The batteries, developed as part of Reliance's $10 billion green push towards clean energy, can be used for both mobility and powering household appliances. The company plans to set up battery swap stations and encourage households to recharge batteries using rooftop solar panels. Reliance aims to reduce reliance on its oil-to-chemical business and become carbon neutral by 2035.
View Source
Rooftop solar subsidy scheme a billion dollar opportunity for Tata Power
Livemint
·
1y ago
Medial
Tata Power sees a $1 billion-plus business opportunity in India's rooftop solar subsidy scheme for households. The Prime Minister's Surya Ghar program aims to provide subsidies for rooftop solar installation to 10 million households, and Tata Power wants to cater to 5-6 GW of the anticipated demand. With its new solar cell and module manufacturing unit in Tamil Nadu, the company aims to ramp up its market share from 13% to 20%. The manufacturing unit will also give Tata Power an advantage in the scheme as it requires the use of domestically manufactured solar cells and modules.
View Source
Market alert: NSE, BSE to stay shut on these days this week — plan your trades
Business Today
·
3m ago
Medial
The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) in India will be closed on 14 April for Dr Baba Saheb Ambedkar Jayanti and 18 April for Good Friday, suspending trading in stock and currency derivatives segments. On 14 April, the MCX will close in the morning and reopen at 5 PM, but on 18 April, it will remain closed all day. Readers should seek financial advice before making investment decisions.
View Source
Now, Tesla Mulls Foray Into India’s Rooftop Solar Panel Market
Inc42
·
1y ago
Medial
Tesla is reportedly planning to enter India's rooftop solar panel manufacturing market. The company has approached the government with its plans and requested subsidies. Tesla will partner with a selected company to set up the manufacturing plant while bringing its technology and sales expertise. This move aligns with the Indian government's initiative to generate solar energy and provide free electricity to 10 million households. Additionally, Tesla is in advanced talks to establish a battery manufacturing plant and manufacturing Tesla cars in India. The negotiations for the first manufacturing unit are in the final stages. Starlink, Elon Musk's satellite broadband service, is also expected to launch in India soon.
View Source
IPO-Bound SAEL to Spark Solar Surge with INR 5,000 Cr UP Mega Plant
StartupTalky
·
2m ago
Medial
SAEL plans to invest INR 5,000 crore in establishing a 5 GW solar cell manufacturing plant in Uttar Pradesh to capitalize on government policies promoting local renewable energy suppliers. This Delhi-based, IPO-bound company will expand its solar cell production capabilities, adding to its existing facilities in Rajasthan and Punjab. SAEL also aims to increase its solar power generation capacity to 15 GW within four years, integrating battery storage systems and expanding its waste-to-energy initiatives.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/cloudfront-us-east-2.images.arcpublishing.com/reuters/SCCONZWWVJMCZPSAGCI5RJUZW4.jpg)
