News Overview

Adani Green Energy now has a portfolio of renewable energy projects with a combined capacity of 21,778 MWac following the conclusion of these PPAs.

The company announced earlier this month in an exchange filing that its board of directors had decided not to proceed with the plan to offer American Depository Receipts.

Vahan data indicates that TICMPL has sold 124 units of the 55T EV HCV till date since the launch in mid2023. The 185km range and 90-min charging time makes it suitable for point-to-point transportation and given the price and use case, these sales numbers are encouraging.

Major shareholders including State Bank of India (SBI), Life Insurance Corp. Of India (LIC), HDFC Bank Ltd., and ICICI Bank Ltd., who stepped in to save Yes Bank in 2020 when it was on the verge of failure under its former management, may be able to leave the company through the prospective stake sale.

During the trading session, DIIs purchased shares worth ₹20,267.90 Crore and sold shares for ₹11,174.18 Crore.

The company, which has the support of well-known investors Temasek and TPG Growth, owns 71.75% of its 1994-incorporated subsidiary Dr. Agarwals Eye Hospitals.

After Dharwad in Karnataka, this would be Tata Motors' second facility in South India.

This comes as the Reserve Bank of India (RBI) has criticised Paytm's payment banks for breaches in due diligence.

With credit cards constituting 1-20% of banks’ total loans, 30-80% of the cards being co-branded, and the recent increase in risk-weights — analysts of IIFL Capital Services expect the revenue to be impacted — less for large banks, but more for smaller banks and select NBFCs.

Viacom18, primarily owned by Reliance, operates 40 television channels including Comedy Central, Nickelodeon, and MTV.