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Tata Power and ADB Partner for $4.25 Billion Clean Energy Projects

Tata Powe On November 21, 2024, at the Climate Conference (COP29) in Baku, Azerbaijan, Tata Power and the Asian Development Bank (ADB) signed a Memorandum of Understanding (MoU) to explore financing...

VIP Industries Denies Speculation on Advent International Acquisition

On November 22, 2024, VIP Industries Limited responded to a news on November 21, 2024. The article, titled “VIP Ind up 7% on reports Advent Int’l may acquire controlling stake,” suggested...

Wipro Limited Announces 1:1 Bonus Share Issuance – Details & Record Date

The Board of Directors of Wipro Limited approved a bonus share issue on October 17, 2024, followed by shareholder approval via a remote e-voting process on November 21, 2024. Bonus Share RatioThe...

Adani Green Energy Directors Facing US SEC Charges: Group Denies Allegations

In a significant legal development, the United States Department of Justice and the US Securities and Exchange Commission (SEC) have filed both a criminal indictment and a civil complaint against...

BEML Secures ₹246.78 Crore Order for 48 Rear Dump Trucks from Central Coalfields

BEML Limited, a public sector enterprise under the Ministry of Defence, has secured a major order worth ₹246.78 crore from Central Coalfields Limited (CCL), marking a significant achievement for the...

Adani Group Faces SEC Bribery Charges; Shares Tumble

Today, the United States Securities and Exchange Commission (SEC) charged Gautam Adani, chairman of the Adani Group, with allegedly paying $265 million in bribes to Indian government officials. These...

Zodiac Energy Signs MOU with SBI for Financial Assistance on Solar Plants

Zodiac Energy Limited (Zodiac) has entered into a Memorandum of Understanding (MOU) with the State Bank of India (SBI) on November 19, 2024. The company announced the MOU in letters to BSE Limited and...

UPL Limited Sells Stake in Advanta Enterprises to Alpha Wave Ventures

UPL Limited has announced the partial divestment of its stake in Advanta Enterprises Limited (AEL), a subsidiary specializing in the seed business. Currently, UPL holds an 86.67% stake in AEL, with...

High Borrowing Costs, Inflation Challenges: Sitharaman and RBI’s Take on Economic Trends

Finance Minister Nirmala Sitharaman, speaking at the 11th SBI Banking and Economics Conclave 2024, highlighted the challenges posed by high borrowing costs. She urged banks to make interest rates more...