Aug 31, 2021
By: Rounak JainTo sell up to 3,200 MW power on power exchange for one month in Mundra, Gujarat to ease electricity supply.
Credit: Tata-Power
Has denied reports of its partnership with Tesla.
Credit: Bharat-Forge
To take steps to raise tariffs, the company’s founder Sunil Mittal said.
Credit: BCCL
Airtel intends to increase its average revenue per user by 37 percent to ₹200 this year, and subsequently, to ₹300.
Credit: BCCL
To sell up to 1,200 MW power on power exchange for one month in Mundra, Gujarat to ease electricity supply.
Credit: Adani-Power
Entered into an agreement with Bharti Enterprises to sell 20 crore equity shares in Airtel Payments Bank at ₹295 crore.
Credit: BCCL
Its board has approved a plan to raise $1 billion by selling foreign currency or rupee denominated bonds.
Credit: Jindal-Steel-Power
Closed its ₹3,000 crore qualified institutional placement at an issue price of ₹62.89 per share, which is at a discount of 5 percent over the floor price.
Credit: BCCL
Its proposed offshore Additional Tier 1 bonds have been rated B1 (hybrid), also known as B , by Moody’s, which should increase the cost of bonds for the bank.
Credit: Axis-Bank