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All parties involved must support a price rise for the power sector, he said.

As stated in a notice from HDFC, other asset reconstruction companies (ARCs) are encouraged to submit counteroffers by June 26.

Here are the highlights from IIFL Capital Services’ monthly macro dashboard.

According to news reports, institutional investors with sizable stakes in the Indian conglomerate have received inquiries from the US Attorney's Office in Brooklyn, New York, recently.

Petrol and Diesel prices in cities across India on 23-06-2023

News reports claim that the conversations have progressed and that the loan will likely be approved soon.

This connection has enabled ONGC to save approximately $43,000 per day in transportation costs that were previously incurred in shipping crude oil.

While U.S. West Texas Intermediate (WTI) crude futures were down 11 cents, or 0.2%, at $69.40, Brent futures were down 7 cents, or 0.1%, to $74.07 per barrel.

According to the sources, the floor price for the stake sale will be at a 0-5% discount.

To analysts of IIFL Capital Services, VGF route would be more effective as in case of pipeline projects.