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NEW DELHI: The government has raised Power Grid Corporation of India Ltd’s (Powergrid) equity investment ceiling in each subsidiary from Rs 5,000 crore to Rs 7,500 crore, in a move designed to bolster funding for large transmission projects and renewable energy evacuation.The cabinet committee on economic affairs (CCEA), chaired by Prime Minister Narendra Modi, approved…
Mumbai: Larsen & Toubro will transfer its real estate business to L&T Realty Properties, a wholly owned subsidiary of the company, for Rs 6,297 crore as part of a restructuring effort. The decision was made at the Monday board meeting held in Muscat, Oman. The real estate business generated revenue of Rs 641 crore during…
President and CEO of Nvidia Corporation Jensen Huang delivers a speech during the Computex 2025 exhibition in Taipei, Taiwan. (AP Photo/Chiang Ying-ying, File) Inside a windowless building in Jakarta, Indonesia, approximately 2,300 of Nvidia’s cutting-edge Blackwell chips are being prepared for use by a Chinese AI company—despite President Donald Trump’s explicit opposition to selling such…
