News Overview

Rajendra Prasad Goyal, the finance director, predicts that the first unit will be put into service in December.

The company informed traders through a letter about the force majeure declaration on exports from Sikka due to the approaching storm.

The order is expected to be completed within a period of 40 months.

Collections and cashflows are expected to remain healthy, and developers are increasing investments in business development to support future demand.

A mass production process for solid-state batteries was also disclosed, with commercialization targeted for 2027–2028.

The price of Brent crude futures had risen 16 cents, or 0.2%, to $72 per barrel. American West Texas Intermediate (WTI) crude was up 7 cents, or 0.1%, to $67.19 per barrel.

Interim directives must be made to secure the management of such firms and protect their investors and other stakeholders while SEBI's inquiry is still ongoing.

The bid document indicates that the planned study's goal is to determine if it is feasible to build floating solar PV facilities at state and UT reservoirs.

Margin improvement target from 6%+ in FY24 to 10%+ in FY26 may find support from discontinuation of low-margin Jaguars.

The company will not hire new employees with a direct 30% pay rise.