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Under this acquisition, Vedanta will acquire 100% paid-up share capital of Athena Chhattisgarh Power Limited.

Buys another $698 million worth of shares of the oil company

The US Food and Drug Administration (USFDA) conducted a Good manufacturing practice (GMP) and pre-approval inspection at the drug makers manufacturing facility located at Indore from 1 July 2022 to 7 July 2022.

Copper slipped in Asia, giving up gains in last session as market eyed soaring Covid-19 cases in Shanghai. The business hub reported the most virus infections since late May, as a doubling of cases fuels concerns Chinas financial hub may find itself back in lockdown in pursuit of Covid Zero. The city announced 54 local Covid infections for Wednesday, raising concerns that the virus could […]

The Indian rupee declined 19 paise to close at 79.13 (provisional) against the US dollar on Thursday even as dollar stayed subdued. A hawkish stance of the US Federal Reserve increased the possibility of another aggressive rate hike this month, eroding sentiments. At the interbank foreign exchange market, the local currency opened at 79.05 and finally ended at 79.13, down 19 paise over its previous […]

Tata Power currently has a generation capacity of 13.5 GW, with 34% coming from renewable energy sources.

The company is also hiring a team of more than 150 automobile engineers & designers for this venture.

The US Census Bureau and US Bureau of Economic Analysis reported the goods and services deficit of the US at $85.5 billion in May, down $1.1 billion from $86.7 billion in April, revised. May exports were $255.9 billion, $3.0 billion more than April exports. May imports were $341.4 billion, $1.9 billion more than April imports. The May decrease in the goods and services deficit reflected […]

The inspection was conducted from June 30, 2022 to July 07, 2022.

The company has witnessed consolidated revenue growth of over 105% in Q1 FY 2023.