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Premier Energies subsidiary, has entered into a Module Supply Agreement (MSA) with BN Hybrid Power-1

Premier Energies subsidiary, has entered into a Module Supply Agreement (MSA) with BN Hybrid Power-1

9 October 2024

Premier Energies Limited is a supplier of integrated solar panels and cells, as well as a manufacturer within the solar ecosystem. Its product line consists of solar modules, monofacial and bifacial modules, cells, O&M solutions, EPC solutions, and modules. Its robust order book, valued at Rs. 5,926.56 crores, is as of July 31, 2024. At …

Best Oil and Gas Stocks in India October 2024 – 5yr CAGR Basis; Oil India, Reliance Industries, ONGC

Best Oil and Gas Stocks in India October 2024 – 5yr CAGR Basis; Oil India, Reliance Industries, ONGC

9 October 2024

The oil and gas sector is a cornerstone of the Indian economy, significantly contributing to its energy needs and overall growth. Oil demand in India is expected to grow by 2X to reach 11 million barrels per day by 2045. The landscape of the sector is shaped by factors such as global crude oil prices, …

Best Metal Stocks in India October 2024 – Based on 5yr CAGR – Coal India, Hindustan Zinc Ltd

Best Metal Stocks in India October 2024 – Based on 5yr CAGR – Coal India, Hindustan Zinc Ltd

9 October 2024

India has a competitive edge in production and conversion costs for steel and alumina. India is the second-largest producer of crude steel globally. Additionally, India ranks as the second-largest producer of aluminium, the third-largest producer of lime, and the fourth-largest producer of iron ore in the world. In this article, let’s look at some of …

Varun Beverages Limited to Raise Fund of Rs. 7500 Crore Through QIP

Varun Beverages Limited to Raise Fund of Rs. 7500 Crore Through QIP

9 October 2024

Varun Beverages (VBL) in a press release has said that the board has approved a proposal to raise funds through the qualified institutional placement (QIP) route by issuing equity shares for up to Rs 7,500 crore in multiple tranches. The funds raised would be used for general corporate purposes, prepayment and/or repayment of the company’s …

Tata Power Share Price Surge: Company Seeks Bids for 3 GW Wind Turbines Worth Rs 21,000 Crore

Tata Power Share Price Surge: Company Seeks Bids for 3 GW Wind Turbines Worth Rs 21,000 Crore

9 October 2024

Tata Power Eyes Major Renewable Energy Expansion Tata Power, one of India’s leading renewable energy players, is taking a significant step towards expanding its wind energy capacity. The company is seeking bids for the supply of wind turbines with a total capacity of over 3 gigawatts (GW) to be installed in its wind-solar hybrid renewable …

Gensol Engineering’s EPC Order Book Crosses Rs 4,000 Crore On Sept. 30

Gensol Engineering’s EPC Order Book Crosses Rs 4,000 Crore On Sept. 30

9 October 2024

A renewable energy company called Gensol Engineering Ltd., which specializes in solar power engineering, procurement, and construction (EPC) services, stated that as of September 30, 2024, it had secured Rs. 4,097 crore worth of solar EPC orders.  Including 1.5 GW of solar projects, both private clients and public sector projects (PSUs) will finish them in …

Infosys expanded its four-year pact with the old national bank

Infosys expanded its four-year pact with the old national bank

9 October 2024

NYSE-listed Infosys is a multinational consulting and IT services firm that was founded in 1981 and employs over 315k people. We started with a capital of US$250 and have grown to a US$ 18.7 billion (LTM Q1 FY25 revenues) company with a US$ 77.31 billion market capitalization. Our company has been dedicated to implementing innovative …

IRFC to Provide Rs 700 Crore Financing for NTPC’s Rail Infrastructure

IRFC to Provide Rs 700 Crore Financing for NTPC’s Rail Infrastructure

9 October 2024

An essential component of the growth and management of one of the biggest railway networks in the world, Indian Railways, is the Indian Railway Finance Corporation (IRFC). Since its founding in December 1986, IRFC has played a significant role in attracting capital from both domestic and foreign markets. This financial division of Indian Railways makes …

SKF India To Spin Off Automotive and Industrial Units

SKF India To Spin Off Automotive and Industrial Units

9 October 2024

SKF, the Swedish global leader in bearings and seals, has announced plans to separate its automotive business from its industrial division, setting them on separate lines going ahead. The automotive business will be listed independently on Nasdaq Stockholm by mid-2026. This  is all about giving each business the freedom to grow and make faster decisions. …

Vedanta Ltd Share Price Sees a 0.39% Rise Amid Dividend Discussions

Vedanta Ltd Share Price Sees a 0.39% Rise Amid Dividend Discussions

9 October 2024

On October 9, 2024, the share price of Vedanta Ltd has been in focus, following recent corporate announcements.  On September 25, 2024, Vedanta informed the stock exchanges about a scheduled Board of Directors meeting on October 8, 2024, to consider and approve the Fourth Interim Dividend on equity shares for the financial year 2024-25. The …

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