Torrent Power is a major player in India’s power sector, boasting a market capitalization of ₹27,183 crore as part of the ₹41,000-crore Torrent Group.
The infrastructure works will be executed in the Engineering, Procurement, and Construction (EPC) mode, as specified in a recent stock exchange filing, ensuring streamlined project execution.
Asian stocks continued to climb as risk sentiment improved, driven by China's latest stimulus measures and fresh record highs in U.S. benchmarks.
This FDA audit confirms compliance with regulatory standards, enhancing the credibility of Jubilant's operations in the United States.
Indogulf exports its products to over 34 countries, with key customers including Krishi Rasayan Exports, Parijat Industries, and Crystal Crop Protection.
Maruti Suzuki, Tata Motors, Shriram Finance, Grasim Industries, and M&M led the gains on Nifty, while ONGC, Cipla, NTPC, Hero MotoCorp, and L&T saw declines.
To accommodate growing demand, the cement industry plans to add 35-40 million tonnes of capacity in the next fiscal year, with 60-65% concentrated in the eastern and southern regions.
The bench, led by Chief Justice DY Chandrachud, suggested sending the case back to NCLAT for a fresh review, as the initial reasoning was found inadequate.
This contract is scheduled to commence on December 16, 2024, and will span three years.
The partnership focuses on commercializing GLP-1 (glucagon-like peptide-1) products for diabetes treatment and chronic weight management in the Middle East.

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