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To beat the space crunch, city residents can invest in solar power production elsewhere in return for green electricity credits. Suraj Vallamkonda, 29, bought a new electric scooter as a step towards reducing his carbon footprint and tackling climate change. But when he plugged it into recharge, he realised he was using fossil fuels to power his scooter, not green energy. One solution, he knew, would be to install solar panels on his rooftop. But his home terrace, with its thriving herb garden, did not have enough space for panels, so he decided to invest instead in “solar biscuits”, or portions of panels in an existing system. Vallamkonda tapped into solar power produced miles away via a start-up business that helps meet individuals’ clean energy needs at home with power produced by solar panels mounted on big malls, schools and other sites across India. The Bengaluru resident invested in solar panels virtually, earning him credits that offset his electricity bill at home. Start-ups l

 ​​Hydrogen, as an energy carrier, is key for achieving decarbonisation of hard-to-abate sectors. Many sectors such as iron ore and steel, fertilisers, refining, methanol and maritime shipping emit major amounts of CO2, and carbon-free hydrogen wil... While rapid electrification of the economy is going to be an important step towards decarbonising energy systems and enhancing efficiency levels, electricity cannot address certain carbon-intensive sectors which have to be decarbonised to ensure net-zero emissions. Hydrogen, as an energy carrier, is crucial for achieving decarbonisation of hard-to-abate sectors. Many sectors such as iron ore and steel, fertilisers, refining, methanol and maritime shipping emit major amounts of CO2, and carbon-free hydrogen will play a critical role in enabling deep decarbonisation. India is one of the early movers in the green hydrogen space. There are multiple reasons why India is pursuing this with vigour and conviction. Firstly, neither hydrogen nor el

 Tata Curvv EV: Tata Motors unveils its latest electric vehicle in India Tata Motors has taken a new step in spreading its electric vehicle segment in India. Today the company (Tata Motors) has unveiled its new electric vehicle ‘Tata Curvv EV’ in India. The new Curvv will be a midsize SUV coupe and will be placed above Tata Nexon EV in the company’s EV hierarchy. Currently, Tata Motors offers Tata Nexon and Tata Tigor cars as its electric offering in India. Tata Curvv will be based on Tata’s generation 2 EV architecture that is built to accommodate many body styles as well as suit various powertrain options. This roughly means that the platform can allow the Tata Curvv to operate with an all-wheel-drive setup. The Tata Curvv EV is expected to house a larger battery than the Tata Nexon EV. This will allow the new SUV coupe to offer a range of 400-500km in the real world. “A new typology vehicle crafted for the Indian roads with exhilarating performance and futuristic concept’’, says Tat

 TCS board will meet on 11 April and Infosys' on 12 and 13 April to approve financial results Information Technology (IT) giants Tata Consultancy Services, Infosys and HCL Tech will consider paying final dividend for the financial year 2021-22 (FY22) along with declaring the fourth quarter results. Infosys said its board will meet on 12 April and 13 April to take on record the financial results for the quarter ended March as well as for the full fiscal year. The board will also consider paying final dividend during the meeting. Meanwhile, TCS' board will meet on 11 April to approve and take on record the audited financial results of the company for Q4 and year ending March. The company will also consider declaring dividend while announcing the results. HCL Technologies Ltd said its board will meet on 20-21 April to approve the results and also declare an interim dividend for the current financial year (FY23). The company has fixed 29 April as the record date for determining the

  Are penny stocks really worth the risk? While penny stocks are notorious and known to be illiquid, a select few have the ability to deliver substantial gains in a short span.This is a question a lot of people ask and it seems there are many answers to this. As you know, like every other asset class, investing in penny stocks brings with it risks. A lot of them.Mind you, this space has often seen stocks come down as much as 80-90% in a short span of time. Take the example of Ozone World, PALM Jewels, and Evexia Lifecare. Look at the price charts of all these companies and you'll see they are down over 80% from the levels they were trading a year ago.And there are more on this list… While penny stocks are notorious and known for their illiquid status, a select few have the ability to deliver massive gains in a short spanIt's not unusual for a penny stock to climb as much as 5x, 10x or a whopping 100x in a short span.We ran a query for stocks trading between Rs 100 between 23 Ma

March 23, 2022 The fast and the fancy Rolls-Royce's electric plane shattered world recordsThe fast and the fancy Rolls-Royce’s  electric plane, the Spirit of Innovation, set two new world records for speed, reaching a maximum speed of 555.9 km/h over three kilometers and 532.1 km/h over 15 kilometers above a test site in Wiltshire, England. The success of the test flight marks an important milestone in the transition to electric transportation.

Why did Buffett purchase this oil stock? We analyze this question by an interesting case study. Warren Buffett's Berkshire Hathaway now owns close to 15% stake in the company. Recently, Warren Buffett's Berkshire Hathaway purchased 18.1 million shares of Occidental Petroleum Corp, the US oil giant. There's an interesting investment case study behind this. Here goes… Buffett's Berkshire Hathaway now owns close to 15% stake in the company and currently ranks as its 8th biggest stock holding.  Interestingly, Buffett also owns stake worth $ 6 billion in Chevron, another oil giant. Clearly, Buffett energy bets are perplexing. Especially against the backdrop of a world that will be powered by green energy. Does Buffett not believe in the concept of reducing carbon emissions or are we missing something? Luckily for us, Buffett was asked the very same question at last year's Berkshire AGM. Here's what he had said. "I would say that people that are on the extremes o