Royal Enfield said it has decided to shut down its two manufacturing facilities between May 13-16 amid a second Covid wave
The NCDs can be issued on private placement basis to any persons, entities, companies, banks and financial institutions.
Tata Power on Wednesday posted a marginal rise of one per cent in consolidated net profit at Rs 481.21 crore for March quarter 2020-21. It had clocked a net profit of Rs 474.70 crore in the year-ago period, the company said in a BSE filing. Total income rose to Rs 10,222.48 crore in the quarter from Rs 6,793.95 crore in the same period a year ago. The company said the rise in consolidated net profit in March quarter is "due to saving in finance cost offset by exceptional gain in PY (previous year)." The consolidated net profit of the company in 2020-21 also rose to Rs 1,438.65 crore from Rs 1,316.44 crore in the previous year. Total income in the year increased to Rs 32,907.34 crore from Rs 29,698.98 crore in 2019-20. The company's board in its meeting on Wednesday recommended a dividend of Rs 1.55 per equity share of Re 1 each to the shareholders for 2020-21. The Annual General Meeting (AGM) of the company is scheduled to be held on July 5, 2021, it said. Praveer Sinha, CEO &
Tata Power's stock has the strength to achieve a target of 140-160 in the coming days
The power company is said to have abandoned earlier plans to seek a partner to invest in its green assets via an investment trust
The Indian power consumer, in addition to being given the choice of buying green electricity only, might also get to choose the supplier soon.
Tata Power on Tuesday said it has bagged an order to develop 60 MW (mega watt) solar project for Gujarat Urja Vikas Nigam
On the indicator front, the MACD is comfortably placed above its signal-line and the 14 period RSI is soaring northwards, affirming that Ambuja Cements' stock may surge in the coming future
'We confirm that the news item published in the media dated March 12 2021 is factually incorrect,' the company said in a stock exchange filing
Shares of Adani Power were locked in 10 per cent upper circuit at Rs 71.40, surging 28 per in the past three trading days
Tata Power has raised Rs 900 crore through issuance of non-convertible debentures (NCDs)
IRFC has sold $750 million worth of dollar-denominated bonds to overseas investors priced at a coupon of just 2.80 per cent per annum
The jump in profit came on the back of higher revenues
The stock price of Tata Power has witnessed running correction of 10 per cent from the recent high and has reached to a support level which, HDFC Securities believes, is a good buying opportunity
"Ultimately, it is state discoms that do not have the desired level of performance. Private discoms have a good level of service and transparency as is evident in Delhi," he says
The order value of the project is approximately Rs 1,200 crore ( USD 162 million). The commercial operation date for this project is set for May 2022
Tata Power has taken over the management and operations of Western Electricity Supply Company of Odisha (WESCO) and SOUTHCO Utility upon completion of sale process
Biocon announced that its subsidiary Biocon Biologics has approved a primary equity investment by Abu Dhabi-based ADQ, one of the region's largest holding companies
The energy will be supplied to KSEBL under a Power Purchase Agreement (PPA), valid for a period of 25 years from the date of scheduled commercial operation
Tata Power on Tuesday announced its partnership with SIDBI to provide a finance scheme to the MSME players in the rooftop solar segment