Category: Uncategorized

The RBI MPC admitted that inflation remains highly vulnerable to food price hikes. Food inflation in November was as high as 8.7 percent which is close to the higher end of the tolerance range of 6 percent

The listing was expected to be along positive lines, as the GMP was 21 percent over the IPO price.

The firm reported revenue of Rs 30.29 crore in FY23 against Rs 34.44 crore a year ago. Net profit for the year stood at Rs 7.80 crore against Rs 8.64 crore a year ago

ATSFL and EHL would hold a 49 per cent and 51 per cent shareholding, respectively, in the proposed joint venture with equal participation in the board of directors of the company, according to a regulatory filing.

Halvad Transmission, a special purpose vehicle, has been set up by PFC Consulting for evacuating 7GW of renewable energy (RE) from Khavda RE park, Gujarat.

IOC is the only state refiner that has an annual deal to buy a variety of Russian grades, including Sokol, from Russian oil major Rosneft. Sokol oil is supplied to IOC by Sakhalin-1 LLC, a unit of Rosneft, sources said.

In a statement, AGEL said it completed “1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies invested USD 300 million in AGEL subsidiary, for acquiring 50% stake in the projects.”

Robust economic growth, an infrastructure push and a pause in interest-rate increases have helped propel its equity market to successive highs.

In a statement, AGEL said it completed “1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies invested USD 300 million in AGEL subsidiary, for acquiring 50% stake in the projects.”

Currently, the market landscape is defined by the 20,900–21,600 range.