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Latest Articles in Companies Markets

JSW Energy Acquires Mytrah Energy’s RE Portfolio For Rs 10,150 Cr

The acquisition involves 15 SPVs and 13 ancillary SPVs having 1,449 MW of total installed renewable energy capacity

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Crisil Revises Vedanta’s Outlook To “Negative” From “Stable”

After the dividend payouts, Crisil sees Vedanta’s cash balance to reduce to less than Rs 20,000 crore as on March 2023, in comparison to Rs 30,000 crore in the same period last year

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Tata Power Gets 300 MW Project Worth Rs 1,755 Cr

According to a statement, the 300 MW Domestic Content Requirement (DCR)-based project in Barsingar, Bikaner, Rajasthan, is anticipated to produce more than 750 million units of renewable energy and decrease 6 lakh tonne of CO2 annually

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Tata Advanced Systems Wins Contract To Manufacture Cargo Doors For Airbus

Tata Advanced Systems will manufacture these doors for the Airbus A320neo family at a new facility in Hyderabad as part of the deal

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Indian Equities End Higher; Adani Stocks Rebound

The Nifty 50 index settled 0.76 per cent higher at 17,080.70. The S&P BSE Sensex rose 0.60 per cent to 57,960.09, on March derivatives series expiry day

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NCLAT Upholds CCI's Rs 1338 Cr Penalty Against Google

The NCLAT ruled that Google does, in fact, limit OEMs' incentives to develop their own versions of Android (Android forks) by imposing conditions in its Anti Fragmentation Agreement (AFA) that prohibit OEMs from developing and distributing Android forks

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SpiceJet's Ajay Singh Takes Over As Assocham President

Singh replaces ReNew Chairman & CEO Sumant Sinha, who completed his tenure as the industry body's President on 28 March

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AnyMind Group Goes Public On Tokyo Stock Exchange

The Singapore-headquartered company is looking to raise 3 billion yen or USD 23 million through the listing and has placed public price of 1,000 yen per share

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Netweb Technologies Files DRHP For IPO

The issue with a face value of Rs 2 per equity share consists of a fresh issue of equity shares worth up to Rs 257 crore and an offer-for-sale (OFS) of up to 8.5 million equity shares by Promoters selling shareholders

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L&T Bags Orders Worth Rs 2,500-5,000 Cr From Vedanta Group

These orders comprise of setting up a 5 LTPA Fertiliser Plant for M/s. Hindustan Zinc Limited and helping expand the capacity of the Aluminum Smelter Complex at BALCO Korba, Chhattisgarh by 435 KTPA for M/s. Bharat Aluminium Company Limited

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Adani Debunks False Narrative On Repayment Of Loans Against Shares

The group stated that it had fully prepaid margin-linked share-backed financing of $2.15bn and all corresponding shares pledged for those facilities had been released

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We Have No Exposure To SVB, Signature Bank Or Silvergate Capital: Mphasis

Media reports had suggested that midcap companies including Mphasis and Coforge might get affected by the troubles amongst US banks

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Jindal Stainless To Invest $157 Mn For 49% Stake Acquisition In Indonesia-based Co

This is the first-ever strategic partnership entered into by an Indian company for securing stake in nickel reserves globally as India is deficient in nickel ore

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L&T Issues NCDs Worth Rs 2,000 Cr On Tuesday

These NCDs are worth Rs 1 lakh each aggregating to Rs 2,000 crore and will mature on 28 April 2028

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SEBI Investigating Shares Dealings Of 58 Cos: MoS Finance

Under these SEBI regulations, the companies are being scrutinised for market manipulation and attendant unfair trade practices too

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