News Overview

The agreement designates one unit of 600 MW capacity at MEL’s Mahan thermal power plant as the captive unit, ensuring a reliable power supply for Reliance Industries.

The BSE Midcap index shows a gain of 0.18%, and the BSE Smallcap index is up by 0.54% at present.

The sale will be conducted through the stock exchange mechanism, adhering to applicable legal requirements.

Notably, diroximel fumarate delayed-release capsules have garnered substantial traction in the U.S. market, generating annual sales of $5,483 million by May 2024 (IQVIA MAT).

The aforesaid acceptance of the agenda by the Board of Directors is subject to shareholder approval at the upcoming annual general meeting.

Tata Elxsi's transportation sector increased by 5.3% quarter on quarter in constant currency (QoQ CC), owing to major deal wins.

In June 2024, both corporations collected ₹517 Crore in tolls, compared to ₹383 Crore in June 2023. The Q1FY25 toll collection is ₹1,556 Crore.

The overall order value is around ₹766 Crore. Siemens Limited's participation in the partnership is roughly ₹558 Crore.

The collaboration between EVfin and ACKO aims to reduce the financial burden on EV owners in the event of an accident or hospitalisation.

SBI stated that the profits from the bonds will be used to increase long-term resources for funding infrastructure and affordable housing.