According to Hindustan Zinc, the firm plans to acquire RE through a group captive power setup, and Serentica Renewables India 4 Private Limited was established to provide power to the company over an extended period.
Bank’s overnight MCLR has been revised to 8.72%.
Olectra Greentech advanced 2.49% to Rs 654 after the company said that it has received letter of award (LoA) from one of the State Transport Corporations for 100 electric buses.
Despite the rain and flooding in August, coal freight revenue increased by 42%
With business operations in Nepal, the company is gearing up to go global.
CRISIL upgraded the Company's Long Term and Short-Term ratings to CRISIL A/Stable and CRISIL A1, respectively, on June 28, 2022.
The value of these 100 Buses supply would be approximately Rs151 crore for Olectra, the company said in a filing.
The key equity benchmarks traded with decent gains in early trade, amid some buying in index pivotals. The Nifty traded above the 17,600 mark. Metals, banks and financials advanced while pharma and auto shares lagged behind. Markets in Asia edged mostly lower. At 09:20 IST, the barometer index, the S&P BSE Sensex, was up 236.78 points or 0.40% to 59,040.11. The Nifty 50 index added […]
There will be no impact on turnover and profitability, as these products are moved to the other Units of the Company.
IndusInd Bank plans to grow its presence in MSME financing, and this partnership will further strengthen various initiatives of the Bank in this domain.

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