NTPC Renewable Energy Ltd (NTPC REL), an arm of NTPC Ltd, has signed an agreement with the Indian Army for the implementation of green hydrogen projects in armed forces establishments. Under the MoU (memorandum of understanding) with the Army, a joint identification of potential sites would be undertaken for setting up of green hydrogen projects [...]
India has exploited 29 per cent of its hydropower potential against over 80 per cent and 70 per cent developed by the US and European Union respectively, Parliament was informed on Tuesday. As per the Reassessment Study carried out by the Central Electricity Authority (CEA) during 1978-1987, the assessed hydropower potential in the country is [...]
J Kumar Infraprojects Limited, in a recent filing with the exchange, mentioned about the receipt of a Letter of Acceptance from M/s. Bangalore Metro Rail Corporation Limited in the name of J. Kumar - AICPL (Joint Venture) for the construction of ‘Airport Depot’ for Bangalore Metro Rail Project - Phase - 2B. The total cost [...]
Benchmark Sensex and Nifty rebounded nearly 1 per cent at close on Tuesday amid firm trends in global equities and buying in index major Reliance Industries and banking stocks. The 30-share BSE Sensex climbed 445.73 points or 0.77 per cent to settle at 58,074.68. During the day, it rallied 504.38 points or 0.87 per cent [...]
The board of Sera Investments & Finance India Ltd, a Non-Banking Financial Company (NBFC) has approved the split/ sub-division of its shares in the ratio of 1:5. At 03:12 PM, its shares were locked in an upper circuit at ₹ 299.45 apiece, up 5%. According to an exchange filing by the company, its board has [...]
Shares of UTI AMC jumped 8.18% to reach an intraday high of ₹ 689.30 apiece on the National Stock Exchange (NSE) on Tuesday after PPFAS Mutual Fund bought more than 1.12 million shares of the company via a block deal. According to the bulk and block deals data on the NSE, PPFAS Mutual fund bought [...]
Amplus Solar on Tuesday said it aims to set up 7.5 KPTA-distributed green hydrogen plants in Andhra Pradesh with an estimated investment of Rs 1,500 crore. To materialise its plans, the company has also entered into an agreement with the Andhra Pradesh government to set up various distributed green hydrogen plants in the state, Amplus [...]
Turkish Airlines is looking for cooperation with Air India as the carrier looks to expand in the Indian market, a top executive said on Tuesday. At present, Turkish Airlines is closely cooperating with IndiGo, including a codeshare partnership. Turkish Airlines CEO & Board Member Bilal Eksi pitched for more cooperation with Indian carriers and said [...]
Bank of Baroda promoted IndiaFirst Life Insurance Company (IndiaFirst Life) has received capital markets regulator Sebi's approval to float Initial Public Offering (IPO). The IPO comprises a fresh issue of up to Rs 500 crore along with an offer for sale (OFS) of up to 14,12,99,422 equity shares by the promoters and existing shareholders of [...]
Shares of Sterling & Wilson Renewable Energy Ltd shot up 9.40% on Tuesday’s Early Trades to reach an intraday high of ₹ 327.55 apiece on the National Stock Exchange (NSE) after the company announced that it has bagged an order worth ₹ 2,100 crores. Its shares were trading at ₹ 323.65 apiece, up 8.10% at [...]
