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The Ministry of Power has circulated a revised draft notification specifying Renewable Consumption Obligation (RCO) requirements under the Energy Conservation Act, 2001. Issued on 5 August 2025, the draft is open for stakeholder feedback until 19 August. It replaces the previous version dated 20 October 2023. The RCO framework outlines annual minimum shares of electricity…
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Larsen & Toubro (L&T) reported a consolidated net profit of Rs 3,617 crore for the quarter ended June 2025, marking a 29.9 per cent increase from Rs 2,786 crore a year earlier. Revenue rose 15.5 per cent year-on-year to Rs 63,678 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) stood at Rs 6,316 crore,…
India | Leadership | NewsResonia appoints Aditya Mittal as CFO
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India | Leadership | NewsSuzlon appoints Ashok Ramachandran as India Business President
Suzlon Energy Limited has appointed Mr. Ashok Ramachandran as President – India Business and Senior Managerial Personnel (SMP), effective June 4, 2026. In a stock exchange filing, the company said Ramachandran will report to the Group Chief Executive Officer (CEO). The appointment comes as Suzlon advances its strategy to position itself as a wind-first, full-stack…
