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JSW Energy reported a 17% year-on-year fall in consolidated net profit to Rs 705 crore for Q2, despite a 60% revenue surge to Rs 5,177 crore. EBITDA increased by 67% YoY to Rs 3,180 crore, driven by renewable capacity additions. The company affirmed its healthy balance sheet and credit ratings, with installed capacity at 13.2 GW.
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News and Media
China's second-ranked general, He Weidong, has been expelled from the Communist Party and the army following an investigation into corruption. Nine other senior military officers were also punished for discipline violations and duty-related crimes. This rare public disclosure highlights the ongoing anti-corruption campaign within the military.
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News and Media
Problems at two US regional banks have made investors nervous and triggered a sell-off in shares.
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News and Media
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