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The company announced on Thursday that it has allocated 1.31 crore equity shares to anchor investors at ₹148 per share.

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Letters of Comfort were approved for four subsidiaries — NIRL, NLC India Green Energy Ltd, Neyveli Uttar Pradesh Power Ltd, and NLC Tamil Nadu Power Ltd — to facilitate their borrowing needs.

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"Both the parties have agreed to collaborate for the development of renewable energy on a long-term basis," the business informed exchanges.

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Brent crude futures were up 14 cents, or 0.2%, to $74.37 a barrel. At $70.27 a barrel, U.S. West Texas Intermediate crude futures increased 17 cents, or 0.2%.

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The IPO of Zinka Logistics Solutions received a lukewarm response, with an overall subscription of 1.86 times.

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Asian markets traded higher on Friday, taking cues from Wall Street's gains, as concerns over Nvidia Corp.’s revenue outlook eased.

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According to the CME Fedwatch tool, traders now anticipate a 58% chance of a 25 basis point rate drop in December.

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The dollar index slipped 0.05% to 107.01, not far from Thursday's one-year high of 107.15.

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The board approved the issuing of 2.45 Crore convertible equity warrants on a preferential basis to promoters and non-promoter businesses.

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India is currently the world's second-largest hub for wind supply chain production, according to the Global Wind Energy Council.

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