Muskan 
The Delhi High Court affirmed the Solar Energy Corporation’s ruling, which prohibited Anil Ambani’s Reliance Power and its subsidiaries from bidding on solar projects for three years. This caused the share price of Reliance Power to jump by more than 3% in morning trading on Wednesday. The stock was up 1.19 rupees, or 3.28%, from … Read more
The third runway at Hong Kong’s airport formally opened for business on Thursday, but for at least another year, there won’t be much more aircraft capacity. The city’s Civil Aviation Department has released documents indicating that aircraft movement will only increase by 4% during the upcoming summer season, which runs from March to October 2025. … Read more
Ola Electric shares rose 9% to an intraday high of Rs 83.70 on the NSE today, following the debut of two new electric scooter ranges priced at Rs 39,000 each, making them the most inexpensive offers in Ola’s lineup. The two new scooter models, called the Ola S1 Z and Gig, are the most reasonably … Read more
Vedanta Resources Ltd. (VRL) issued two sets of bonds worth up to $1.25 billion on Tuesday, with a 3.5-year term at 10.25% and a 7-year term at 11.25%. This put Vedanta shares in focus. The company’s existing 13.875% notes, which mature in 2028, are reportedly going to be refinanced with the money. The bond was … Read more
The largest private lender in India, HDFC Bank Ltd., saw its shares soar to a record high on Monday, November 25, when the second tranche of the MSCI revisions entered the market. Monday’s high of ₹1,803 was higher than the previous high of ₹1,794 reached on July 3, the day the lender revealed its June … Read more
The IPO for Ganesh Infraworld is scheduled to open on November 29. Through an IPO, Ganesh Infraworld, a SME, hopes to raise ₹98.58 crores. There are 1600 shares in the market lot for the Ganesh Infraworld IPO, and the price range is set at ₹78 to ₹83. After being established in 2017, Ganesh Infraworld Limited … Read more
The subscription period for the Property Share InvIT IPO is scheduled to run from December 2, 2024, to December 4, 2024. The goal of this book-built IPO is to raise ₹352.91 crores. Shares are anticipated to list on the BSE and NSE on December 9, 2024. Commercial office space purchases and the payment of certain … Read more
Zomato shares rose as much as 6% in early trading on November 25 on two big positives: inclusion in the 30-stock Sensex and approval for its Rs 8,500 crore Qualified Institutional Placement (QIP). Zomato is the first new-age tech stock to be included in the 30-stock index after the latest BSE Sensex reorganization. It will … Read more
On November 25, HG Infra Engineering’s stock surged 6.5 percent to reach an intraday high of Rs 1,363 following the company’s announcement that it had received a Letter of Award (LoA) from NTPC Vidyut Vyapar Nigam Ltd. Under the terms of the contract, which is estimated to be worth Rs 1,110 crore, 500 MW and … Read more
The offshore engineering services company Seatrium Letourneau USA, Inc. and the state-owned Cochin Shipyard Limited (CSL) have signed a memorandum of understanding (MoU) to cooperatively produce and distribute vital jack-up rig equipment to the Indian market. The partnership’s goal is to access the market for Mobile Offshore Drilling Units (MODUs) with creative, dependable, and effective … Read more