The company has been selected as the preferred bidder for two blocks.
This bonus allocation will benefit more than 5.69 lakh participating policyholders
Between November 2022 and February 2023, the IIP had maintained itself at a median level of 5%.
Yesterday, the rupee closed marginally higher at 82.43 against the USD
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.

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