Current Affairs - Business

Adani Green Energy Limited (AGEL), a subsidiary of the Adani Group, has become the first Indian company to exceed 15 GW of installed renewable energy capacity, reaching 15,539.9 MW as of June 2025. This milestone reinforces AGEL's leadership in India's clean energy transition and places it among the top 10 independent power producers globally. The company's capacity includes solar, wind, and hybrid installations, and it recently added over 3,300 MW in a single fiscal year—an Indian record. AGEL’s achievement is also environmentally significant, offsetting 28.6 million tonnes of carbon annually and powering nearly 8 million households.

Adani Total Gas Ltd (ATGL) and Reliance BP Mobility Ltd (Jio-bp) have formed a strategic partnership to share fuel dispensing infrastructure across selected retail outlets in India. Under the agreement, ATGL will offer Jio-bp’s petrol and diesel at its stations, while Jio-bp outlets will dispense ATGL’s CNG. This collaboration aims to boost customer convenience, reduce duplication of infrastructure, and expand the presence of private players in India’s fuel retail market, which is predominantly controlled by public sector companies. The move is also a step toward enhancing operational efficiency and providing more energy options across their combined networks.

Tata Group achieved a historic milestone by becoming the first Indian brand to cross the $30 billion mark in brand valuation, reaching $31.6 billion as reported in the Brand Finance India 100 rankings for 2025. This 10% year-on-year growth highlights Tata’s continued dominance and strong global recognition. The group also led in sustainability perception value, further enhancing its brand strength. Tata’s success reflects the rising global stature of Indian corporate houses, while also setting a benchmark for other major players like Infosys, HDFC, and the rapidly growing Adani Group, showcasing India’s expanding influence on the world economic stage.

TVS Motor Company launched its iQube electric scooter in Indonesia on June 17, 2025, marking a key step in the company's global EV expansion strategy. Priced at IDR 29.9 million, the iQube aims to support Indonesia’s fast-growing electric mobility sector and aligns with the country’s green transportation goals. The scooters will be assembled locally in East Karawang, contributing to employment, technology transfer, and sustainable development. This launch not only reinforces TVS’s presence in Southeast Asia but also reflects India's rising influence in EV exports, particularly to emerging markets that are rapidly embracing clean mobility solutions.

OpenAI secured a significant $200 million contract from the U.S. Department of Defense in June 2025 to develop cutting-edge artificial intelligence solutions for national security and military operations. This strategic partnership, set to run through July 2026, highlights the growing collaboration between top AI firms and defence agencies. The contract focuses on creating prototype frontier AI tools applicable to warfighting and enterprise domains such as logistics, intelligence, and operations. With OpenAI’s rapid growth—demonstrated by its $10 billion annual revenue run rate and 500 million weekly users—this deal marks a pivotal step in the company’s expansion into defence technology and AI-driven national security systems.