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Interim directives must be made to secure the management of such firms and protect their investors and other stakeholders while SEBI's inquiry is still ongoing.

Rajendra Prasad Goyal, the finance director, predicts that the first unit will be put into service in December.

Yesterday, the rupee closed marginally higher at 82.43 against the USD

The company informed traders through a letter about the force majeure declaration on exports from Sikka due to the approaching storm.

A mass production process for solid-state batteries was also disclosed, with commercialization targeted for 2027–2028.

Between November 2022 and February 2023, the IIP had maintained itself at a median level of 5%.

Collections and cashflows are expected to remain healthy, and developers are increasing investments in business development to support future demand.

The price of Brent crude futures had risen 16 cents, or 0.2%, to $72 per barrel. American West Texas Intermediate (WTI) crude was up 7 cents, or 0.1%, to $67.19 per barrel.

The bid document indicates that the planned study's goal is to determine if it is feasible to build floating solar PV facilities at state and UT reservoirs.

The order is expected to be completed within a period of 40 months.