Reliance is targeting solar manufacturing of 100 GW and green hydrogen costs of $1 per kg by 2030. It will spend $10 billion on the new energy business over the next 3 years towards achieving these targets.
Earlier in a notice, Yes Bank had said the Rs 1,000 crore right issue, is "solely to dilute" the shareholding of the bank, which is the single largest shareholder of the company.
In an interview with Business Today, Gaurav Sekhri, Partner & Director at Fratelli Wines, speaks on the impact of the pandemic, wine in a can, the redesigned labels and the company's future plans.
The investment committee at its meeting held on October 22, 2021 approved the second tranche of investment in equity shares of Strongsun Renewables, special purpose vehicle company.
IRB InvIT did not provide profit figures for the quarter. The company said it declared distribution of Rs 128 crore to the unitholders translating into payout of Rs 2.20 per unit for the second quarter.
ICICI Bank's net interest income rose 25 per cent YoY to Rs 11,690 crore during the quarter under review, while net interest margin expanded to 4 per cent from 3.57 per cent in the year-ago quarter.
An email sent on early Friday to employees by Flipkart CEO, Kalyan Krishnamurthy, as reviewed by Business Today also mentions that Nagaram will continue with his services until December 2021 in an advisory role for a smooth transition.
The company looks to issue $1.01 billion notes to fund the acquisition of a 95.42 per cent stake in the Indian IT solutions provider, Moody's Investors Service said in a note on Friday.
The firm stated that since these products are extremely limited edition, consumers interested in purchasing them will have to pre-order on DDFS' website
