More than a year of Covid-19 has pushed most businesses into gloom but Reliance Industries Ltd (RIL) managed to reduce its gross debt 25 per cent, enabling it to turn towards its next phase of capital expenditure that has come in the form of a Rs 75,000-crore plan for green energy and power storage. The company managed to stay afloat during the pandemic because of its large presence in the consumer-centric businesses of retail and telecommunication (see chart: "A new Reliance"). These two businesses constituted 45 per cent of its EBITDA during FY21 from 36 per cent in FY20.
Giants like Pepsi and Coke are fast losing shelf-space to healthier, functional options.
Studies suggest net benefits of hydro-power, nuclear energy or natural gas as sources of electricity are greater than those of wind and solar.
This carbon credit system is expected to generate greater financial viability for regional operators.
The company said the new model would be available for sale in sugarcane-producing Maharashtra, Uttar Pradesh and Karnataka, to begin with.
Parle Agro had sold its popular and iconic soft drink brands namely Thums Up, Limca, Gold Spot and Citra, to Coca-Cola in 1993 and had also signed a non-compete agreement for 10 years.
"India has given a stern signal to its enemies by conducting surgical and air strikes. This tells us that India is changing and can take the most difficult decisions and isn't reluctant to implement them," Prime Minister Narendra Modi said on Sunday in his Independence Day address to the nation.
Volkswagen's emissions scandal is fueling investor fears about the environment.
Fifteen-year-old Indian-American Gitanjali Rao was selected from a field of more than 5,000 nominees as TIME's first-ever Kid of the Year. She was interviewed by actor and activist Angelina Jolie for the TIME special.
In a report published by the Times of India, experts say 'black carbon' from the smog and ash is covering the glaciers, making them more prone to melting.
A carbon tax may be a better approach in lowering greenhouse gas emissions than the caps and tradable permits legislation being considered by many American lawmakers, according to a new study.
From using bio-fuels to revamping in-flight food and drinks services, eschewing mass-produced chicken/eggs in favour of local, farm-raised options to offering eco-friendly toys for children, airlines try out inventive measures to encourage carbon-neutral practices.
A summary of Saturday's UEFA World Cup qualifiers.
At the summit, the US is able to play the role of a bully.
Prithvi Shaw's phenomenal talent has been much talked-about and the latest to join the bandwagon is none other than Brian Lara.
Tier-II and tier-III towns have a reason to rejoice.
Yes you heard it right, will you buy this Xiaomi's signature edition of its flagship Redmi K20 Pro just launched.
PepsiCo bets on value-added water by launching vitamin-fortified drinks in a segment that is growing rapidly in India.
COP 21 is about how much carbon space is left and who gets how much of that space
Mangroves absorb excess water but they are being destroyed in Mumbai in the guise of infrastructure development, city-based environmentalist Debi Goenka told PTI.
The highly-anticipated summit, which began early Tuesday, is the third engagement between Xi, 68, and Biden, 78, since February.
Double amputee sprinter Oscar Pistorius will be able to run any part of the Olympic 4x400-meter relay and will not be held back by concerns his carbon fiber blades would endanger others in the race, the IAAF said.
As many as 20 companies have responded so far to the government's open tender inviting participants for the programme. Of these 20, some are CFL producers, while others are financiers who are buying CFLs in bulk and distributing them at their own risk. The distribution in other states will commence only after the programme gets registered at the United Nations Framework Convention for Climate Change, which may take up to three years.
Yes, India needs desperate measures to kick-start growth. But selling off its lungs to the highest bidder to hack away cannot be the way out, says Sumit Bhattacharya.
Almost every country in the world just signed on to the #ParisAgreement on climate change
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Wellness expert Roopashree Sharma tells you how you can use natural methods to improve your health.
Researchers have developed a new architecture for lithium-ion battery anodes that could enable charging of portable electronics in 10 minutes, instead of hours.
'The lessons learnt from the triple disaster have put Japan's energy future On the right path,' notes Dr Rajaram Panda.
As green jobs exist in all sectors, this means more engineering, more construction and more management jobs.
Prime Minister Narendra Modi on Saturday said the target date for achieving 20 per cent ethanol-blending with petrol has been advanced by five years to 2025 to cut pollution and reduce import dependence.
The Lynkan Hypersport is a limited production hypercar by W Motors.
Indian Army has taken the initiative to induct women in rank and file, and the first batch of 100 women soldiers is undergoing training at Corps of Military Police Centre and School, he said.
While India is pushed to keep a tight lid on its own carbon emissions, slow and low emission reduction by major polluters will cause an acceleration of climate change, says Rajni Bakshi.
When it comes to steel production, some countries have a clear lead.
'We are working in association with the state government and other transmission companies to make sure that the city never experiences blackouts'
Bibhu Prasad Routray explains why the US is supporting Japan's resolve to release 'treated' radioactive waste water into the Pacific Ocean. And what role China plays in the US decision.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Tata Steel delivered one of its best financial performances ever in the third quarter of the current financial year, and surpassed its deleveraging target of $1 billion. In an interview, Koushik Chatterjee, executive director and chief financial officer, Tata Steel, tells Ishita Ayan Dutt that the company will continue to focus on deleveraging but profitable and value-added growth will be equally important.
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