Mar 17, 2022
By: Bhakti MakwanaThe company will enter into a joint venture with Highly International (Hong Kong), a wholly-owned subsidiary of Shanghai Highly (Group) Company.
Credit: Voltas
The company informed that it has completed the streamlining and reorganisation of its renewable and thermal power businesses.
Credit: BCCL
The company has approved an interim dividend of ₹2.5 per share for the current financial year 2021-22.
Credit: Wikipedia
The automaker is looking to increase its stake in Carnot Technologies to 52.69 percent with an investment of around ₹14 crore.
Credit: Oil-India
The company’s subsidiary Numaligarh Refinery will invest ₹6,555 crore for the implementation of the petrochemical project in Assam.
Credit: Oil-India
The company has completed the acquisition of Essar Power, a company undergoing insolvency resolution under the Insolvency and Bankruptcy Code, for ₹4,250 crore for 1200 MW power plant.
Credit: Adani-Power
Aviation turbine fuel prices have been hiked over 18.3 percent to a record high putting pressure on these company’s financials.
Credit: BCCL
Shares of SpiceJet and InterGlobe Aviation (Indigo) will be in focus.
Credit: BCCL
The company’s board will meet on March 22 to consider raising funds via bonds, in one or more tranches, on a private placement basis.
Credit: Indiabulls-Housing-Finance