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The company will use the money to repay IWL's current debt.

The battery-swapping technology presents a significant opportunity for promoting sustainable electric mobility solutions.

Analysts of IIFL Capital Services have also assessed current positioning of potential reclassification candidates across the different market capitalisation oriented schemes vis-à-vis the weights in the key benchmarks.

Meanwhile, SG GRM rose by 35% to US$5.3/bbl in November vs US$3.9/bbl in October, driven by a strong recovery in gasoline and fuel oil cracks.

The said agreement will become effective from Q1FY25.

Deleveraging should resume from FY25 to drive a netcash position by FY26; which provides comfort on planned expansion capex, starting FY25.

U.S. West Texas Intermediate crude prices were up 18 cents at $73.22 a barrel, while Brent crude futures increased by 13 cents to $78.16 a barrel.

About 20 nautical miles from Mumbai Anchorage, in the Shahbaj, Raigad district of Maharashtra, PNP Port runs multipurpose jetties.

Nov'23 witnessed 9%/5% rise in rice and soybean prices, while corn and cotton declined 5% each; as USDA increased production estimates.

Sumant Sinha established ReNew, which has a sustainable energy portfolio of 13.8 gigatonnes (GW) as of September 30, 2023.