BLOOMBERG Reliance Industries Ltd, First Solar Inc and Avaada Group are among winners of India’s $2.4 billion incentives plan to encourage domestic manufacturing of solar modules. The government said it allocated total capacity of 39.6 gigawatts of annual production to 11 companies under the programme. India will give out 139.4 billion rupees to boost local module output, state-run Solar Energy …

BLOOMBERG Richard Branson was long a force to be reckoned with in the booming private space business. The British serial entrepreneur beat fellow billionaire Jeff Bezos to the first cosmic tourist trip with his Virgin Galactic venture. Branson’s second space foray, Virgin Orbit, strapped rockets under the wing of a jumbo jet to launch satellites on their flight path, complete …

BLOOMBERG Ocado Group Plc said sales rose in the first quarter as new customers signed up to its online grocery business with Marks & Spencer Group Plc amid a rising cost-of-living crisis. Sales rose 3% on the year before and customers rose by nearly 14% during the period. Ocado expects to build on this momentum to return to sales growth …