IndiGrid Investment Managers announced on Monday (March 3) that its wholly-owned subsidiary, IndiGrid 2 Private Ltd, has received a Letter of Intent (LoI) from REC Power Development and Consultancy Ltd for an inter-state transmission project under the tariff-based competitive bidding (TBCB) framework. Project Overview and Scope IndiGrid 2 Private Ltd has been awarded the project …
RBL Bank has announced a significant reshuffling of its leadership team, appointing Narendra Agrawal as President & Head of Branch Banking and Retail Liabilities and T.S. Pari as Chief Operations Officer (COO). The strategic move aims to bolster the lender’s retail banking franchise and enhance operational efficiency. New Appointments to Drive Growth and Efficiency Narendra …
Adani Green Energy Limited (AGEL) has successfully refinanced a $1.06 billion construction-linked loan for its solar-wind hybrid renewable cluster in Rajasthan. The refinancing, provided by Power Finance Corporation (PFC). At 9:50 AM, Power Finance Corporation’s share price showed a decline of 0.97%, trading at ₹376.00, down ₹3.70 from its previous close of ₹379.70. Meanwhile, Adani Green Energy’s share …
Indian markets are expected to be impacted today. As of 7:30 AM, GIFT Nifty futures were down by 165 points at 22,093.50. In the previous session, the Sensex dropped by 112.16 points (0.15%) to 73,085.94, while the Nifty50 fell by 5.40 points (0.02%) to 22,119.30. Here are the key stocks to watch today on March …
On March 3, 2025, Ashok Leyland share price rose by 3.3%, reaching a day high of ₹219.80 at 09:45 AM on the BSE. The gain in Ashok Leyland share came after the company reported its February 2025 sales figures, whereby, it posted total domestic vehicle sales of 15,879 units, reflecting a 4% decline compared to February 2024. …
In 2021, the Indian passenger car market was valued at USD 32.70 billion and is projected to grow to USD 54.84 billion by 2027, with a compound annual growth rate (CAGR) of over 9% from 2022 to 2027. During February 2025, the auto players posted mixed numbers with double-digit growth experienced by Mahindra & Mahindra …
HDFC Bank is the largest private sector bank in India in terms of both advances and deposits. As of Q2FY25, the bank’s net advances stood at ₹24,951 billion. With a vast retail presence, HDFC Bank holds a leading market share across various product lines. By the end of Q2FY25, the bank had an extensive network …
Advait Energy Transitions Limited (formerly Advait Infratech Limited) has announced the allotment of 19,261 equity shares pursuant to the conversion of previously issued warrants. This development follows an earlier announcement made on 6th September 2024 regarding the issuance of 1,41,591 convertible warrants at ₹1,776 per warrant. The conversion has been executed following payment of the …
India’s coal sector continues to perform strongly, with notable growth in both production and dispatch through February 2025. Cumulative coal production has reached 928.95 million tonnes (MT), showing a 5.73% increase from 878.55 MT in the same period last year. Coal dispatch has also risen to 929.41 MT, reflecting a 5.50% growth from 880.92 MT …
Rainbow Children’s Medicare Limited has received the necessary approvals to proceed with the development of 2 new hospitals in Gurugram, Haryana. The approvals, granted by Haryana Shehri Vikas Pradhikaran (HSVP), Panchkula, mark a significant milestone in the company’s expansion strategy. The share price of Rainbow Children’s Medicare was down by 0.69% as of 12:41 PM. …
