News Overview

The Nifty Attractiveness Quotient in September sees a smart shift in favour of the financial stocks

The company is a central public sector enterprise with 'Maharatna' status that is into renewable energy projects like solar and wind across six states.

The agreement focuses on projects like the 966 MW Solar Wind Hybrid and Pumped Hydro Storage projects, as well as initiatives in energy transition.

It was followed by Adani Ports, where the LIC's investment value fell by ₹2,959 Crore. The stock fell by ₹174.35 per share, or 13.53%

According to corporate data, Jio and Vi's RMS levels fell by 45 basis points (bps) to 43.5% and 16%, respectively

360 ONE did not provide information on the size of the investment, the valuation, or the investor from whom it is acquiring the interest.

The OFS will be offered to non-retail investors on November 22 and retail investors on November 25.

The plants will operate under a Group Captive Mode, with HMIL holding a 26% interest and FPEL owning 74% of the project.

The board approved the issuing of 2.45 Crore convertible equity warrants on a preferential basis to promoters and non-promoter businesses.

"Both the parties have agreed to collaborate for the development of renewable energy on a long-term basis," the business informed exchanges.