News Overview

The company secures orders worth Rs 1,853 crore from Coal India for bulk explosives supply

Adani Solar Energy Jaisalmer Two, an Adani Green Energy subsidiary, successfully commissions a 150 MW solar power project in Bikaner, Rajasthan

This project expected to offset 46,628.56 tonnes of carbon emissions over its lifetime

RVNL secures Letter of Acceptance from Maharashtra Metro Rail for 6.92 km elevated metro viaduct of length 6.92 km

This acquisition entails purchasing 66,050 equity shares from IFC for Rs 3.33 crore and is projected to conclude within 30 days from the term sheet date

Sequential improvement, but discretionary spend remains muted.

Analysts at IIFL Capital Services visited Hindalco’s Hirakud and Aditya plants (Smelter, CPP, FRP) where established processed and gains from backward integration are being augmented through automation and digitalization initiatives.

Analysts at IIFL Capital Services were expecting some action to counter the deluge of flows in bond markets, given the sovereign bond inclusion next year. However, the announcement on OMO sales now, was surprising.

Petrol and Diesel prices in cities across India on 09-10-2023

According to the GST Authority, as reinsurance commission is included in the company's revenue reported in its books of accounts, GST is due on that amount.