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The factory will be constructed over 100 acres in phases, with Ather planning to invest ₹1,000 Crore on it, according to the article.

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This continued upward trend reflects a positive market sentiment and robust investor confidence across various sectors.

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According to the company, the parties will sign a commercial supply agreement under which Ingenus will deliver the product to Dr. Reddy's USA.

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Executives from Indian Oil, Hindustan Petroleum, GAIL, and Reliance BP Mobility Ltd. attended the conference, which was arranged by the Petroleum and Natural Gas Regulatory Board (PNGRB).

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However, shareholders rejected the idea last month, with 57.18% voting against the ordinary resolution and 42.82% voting in favour.

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Broader market indices were in the green, with BSE SmallCap up 0.79% and BSE MidCap up 0.76%.

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BNP Paribas Financial SNC will partner with Bain Capital on this transaction. According to sources, the deal is valued at ₹1,500 Crore as a base price.

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For the January-March quarter, the company's interest income was ₹3,322.60 Crore, with Net Interest Income (NII) at ₹1,909 Crore, a 14% year-over-year increase from ₹1,679 Crore.

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Gensol Engineering, was the successful bidder for Gujarat Urja Vikas Nigam Ltd's standalone battery energy storage systems project.

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Spot gold was down 0.5% at $2,310.89 an ounce. Prior to the release of the report, prices dropped as low as $2303.84. At $2,326.90, gold futures were down 1.2%.

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