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Gensol’s role will cover the complete project lifecycle, including land acquisition, design, engineering, procurement, logistics, and construction.

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The IPO consists of both a new issue of equity shares valued at Rs 800 crore and a promoter's offer to sell shares valued at Rs 1,400 crore.

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Welspun plans to execute these orders within FY25 and FY26, reinforcing its presence in both domestic and international markets.

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According to futures, there is an 83% possibility of a move of the same magnitude in December and a 99% chance of a quarter-point decrease to 4.50%–4.75%.

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At $74.24, Brent futures increased by $1.14, or 1.56%, a barrel. At $70.63, U.S. West Texas Intermediate (WTI) crude also increased by $1.14, or 1.64%, per barrel.

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While the August PCE inflation was upped to 2.3%, the Sep-24 PCE inflation at 2.1% is almost on target

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This divestment finalizes the agreement signed on July 15 between HUL and A.O. Smith, aimed at boosting A.O. Smith’s product portfolio and distribution across India.

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The Building Division secured the largest contract share, worth ₹2,694 Crore, followed by the Electrical Division with projects valued at ₹538 Crore.

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Spot gold increased by 0.1% to $2,738.32 an ounce. On Thursday, the price of gold reached a record high of $2,790.15.

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The Shapoorji Pallonji Group company launched its IPO on October 25, raising ₹5,430 crore through fresh shares and an offer for sale

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