News Overview

For the January-March quarter, the company's interest income was ₹3,322.60 Crore, with Net Interest Income (NII) at ₹1,909 Crore, a 14% year-over-year increase from ₹1,679 Crore.

Executives from Indian Oil, Hindustan Petroleum, GAIL, and Reliance BP Mobility Ltd. attended the conference, which was arranged by the Petroleum and Natural Gas Regulatory Board (PNGRB).

Broader market indices were in the green, with BSE SmallCap up 0.79% and BSE MidCap up 0.76%.

However, shareholders rejected the idea last month, with 57.18% voting against the ordinary resolution and 42.82% voting in favour.

Gensol Engineering, was the successful bidder for Gujarat Urja Vikas Nigam Ltd's standalone battery energy storage systems project.

According to the company, the parties will sign a commercial supply agreement under which Ingenus will deliver the product to Dr. Reddy's USA.

BNP Paribas Financial SNC will partner with Bain Capital on this transaction. According to sources, the deal is valued at ₹1,500 Crore as a base price.

Tata Communications will help broadcasters improve the user experience and build a connected fan base by providing customised regional feeds, according to the business.

The deal states that RITES will offer the essential equipment as well as experience in design, spare parts support, and training.

The NSE stated that derivative contracts in these stocks exceeded 95% of MWPL, leading to their ban.