News Overview

The state-owned telco was unable to pay interest on its 7.59% July 2033 notes, which were insured by the government.

The rating agency also expects the government to focus on divestments that have missed their aims for the last five years.

Power Mech Projects stock has gained a total of 56% in the last one year, and witnessed a 32% gain since the beginning of the year.

Revenue for the June quarter was reported at ₹1,268.97 Crore, which is an increase from ₹1,257.53 Crore recorded in the corresponding quarter of the previous year.

In the Sensex index, the leading gainers are Infosys, ITC, Asian Paints, and Titan Company.

The initiative aims to achieve 100% solarisation by 2025, reflecting the ambitious environmental goals of both organizations.

The bond issuance attracted substantial interest, with a total of 127 bids amounting to ₹15,318 Crore.

From 2024 to 2032, the industry projects that India's ATM market will expand at a compound annual growth rate (CAGR) of 9.2%.

The overall capital expenditure target for state-owned oil businesses for 2024–2025 is ₹118,500 crore.

After a five-year legal fight, Vedanta Resources acquired ownership of KCM's assets after Edgar Lungu, the former president of Zambia.