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Non-fossil power generation share up towards 1/3rd mark | Chennai News

CHENNAI: Electricity generation from non-fossil fuel sources — including wind, solar, small and large hydro, and nuclear — is steadily inching towards one-third of India’s total power output, with the first half of the current fiscal year witnessing a marked rise in its share compared to the same period last year.Excluding thermal and Bhutan imports,…

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Valuation gap: ONGC trails Zomato in market cap despite holding assets worth 1/3rd of its valuation; analysts flag undervaluation

State-run Oil and Natural Gas Corporation (ONGC), valued at around Rs 3.10 lakh crore, now lags behind food delivery platform Zomato in market capitalisation despite owning stakes and assets worth more than a third of its own valuation — a gap analysts say reflects deep undervaluation of India’s largest oil and gas producer.As of Friday’s…

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