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The peak electricity demand in India is expected to touch 3,50,670 MW mark by 2030-31, and the government is taking various measures to meet the increased demand, Union Minister R K Singh has said. The peak demand has gone up […]
Finance Minister Nirmala Sitharaman on December 22 said a special camp was organised in Chennai for expeditious settlement of claims by general insurance companies in areas impacted by cyclone Michaung and similar efforts would be made in four districts of […]
In a significant step towards fostering collaboration between the public and private sectors in infrastructure capacity-building, World Bank President Ajay Banga launched the Public-Private Partnership (PPP) Beginner’s e-Course in the presence of Economic Affairs Secretary Ajay Seth. The PPP e-course […]
Union Home Minister Amit Shah on December 22 inaugurated nine projects and laid the foundation stones for three more during an event in the Union Territory. The programme was held at the Chandigarh College of Engineering and Technology (CCET) in […]
In September 2023, travel service provider Yatra Online marked its stock market debut at ₹135.9 apiece, which was 4.3% lower than the IPO price of ₹142 per share. At current levels, the stock is still trading 1.40% below its issue […]
IIFL Finance shares witnessed a decline of more than 7 percent during the initial trade on December 22, following a substantial block deal amounting to ₹1,358 crore. Approximately 2.4 crore shares, equivalent to a 6.5 percent stake in the company, […]
Shares of Transformers & Rectifiers India (TRIL), one of the leading manufacturers of transformers, have skyrocketed 19.6% in today’s trade to record a new lifetime high of ₹226 apiece. This impressive rally was attributed to the company’s successful completion of […]
Bhavish Aggarwal-led Ola Electric Technologies on Friday filed draft papers for an initial public offering (IPO) to raise ₹5,500 crore by issuing new shares, apart from a share sale by existing investors. The IPO by Bengaluru-based Ola Electric, India’s largest […]
India’s exports face a shortfall of about $4 billion to $5 billion this year after it clamped curbs on trade in wheat, rice and sugar. The Red Sea attacks in Middle East may also hit basmati rice shipments, according to […]
India produced a total of 2.4 million metric tonnes (MMT) of crude oil in November 2023 – registering a de growth of 0.4 per cent compared to the year-ago period, according to Petroleum Planning & Analysis Cell (PPAC). Out of […]