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May IIP Growth Surges To 5.1% As Power Output Spikes, Manufacturing Stays Strong
Ministry of Statistics and Programme Implementation (MoSPI)has revised the base year for Index of Industrial Production (IIP) from 2011-12 to 2022-23
SWSOLAR JV wins USD 560 million solar project in Egypt
Sterling and Wilson Renewable Energy announced that the company, in a 50-50 joint venture with Hassan Allam Construction - one of the leading contractors in Egypt and the MENA region, has secured an order today, valued at approximately USD 560 million for West Minya Solar Power Project in Minya Governorate, Egypt.
JPM raises Rolls-Royce PT to 1,625p, cites 16% upside on SMR & Power Boost - Investing.com India
JPM raises Rolls-Royce PT to 1,625p, cites 16% upside on SMR & Power BoostInvesting.com India
ZF Steering rallies after inking framework pact with Chinese firm
ZF Steering Gear (India) rallied 6.45% to Rs 716 after the company entered into a Framework Co-operation Agreement with Hubei Tri-Ring Motor Steering Gear China, to develop Electric Hydraulic Power Assisted Steering (EHPAS) assemblies in India.
Lineage Power signs supply agreement with Guangzhou Rongjie Energy Technology Co.
To procure 3 GWh of Lithium Iron Phosphate (LFP) battery cells and related accessories
Om Power Transmission gains on bagging Rs 19-cr transmission line order
Om Power Transmission rose 4.42% to Rs 189.95 after the company has secured a Letter of Award from SAEL Industries for the supply, erection, stringing, testing, and commissioning of a single-circuit 220 kV transmission line, valued at Rs 18.50 crore.
PFC-REC merger explained: Swap ratio, rationale, other key details as merger set to create Rs 11 lakh cr power financing giant
The proposed merger of Power Finance Corporation and REC will create India's largest power sector financing institution with a combined loan book exceeding Rs 11 lakh crore. Here's a look at the approved share swap ratio, merger rationale, pending approvals, record date details, and what the restructuring means for shareholders.
Here's why the last 30 minutes are crucial for the Indian stock market today
Stocks like BHEL, Tata Steel, Vedanta, Polycab, Bharat Forge, CG Power, NALCO, HDFC Bank, Coal India and Vodafone Idea are also poised for inflows ranging from $30 million to $70 million as part of the rebalancing.
PFC slips after board clears REC merger; share swap fixed at 88:100
Power Finance Corporation (PFC) declined 1.75% to Rs 425.10, while REC edged up 0.08% to Rs 364.95 after the boards of both state-owned lenders approved their long-awaited merger scheme.
Refex Industries rises after bagging Rs 21-cr ash transportation order
Refex Industries advanced 2.36% to Rs 356.30 after the company announced that it has secured an order worth approximately Rs 21.15 crore from a major power producer, a Maharatna Central Public Sector Enterprise (CPSE).
Vikran Engineering surges after bagging order worth Rs 3,517.98 crore in Maharashtra
Vikran Engineering jumped 8.44% to Rs 76.22 after the company accepted a turnkey EPC work order worth Rs 3,517.98 crore from NOPL Solar Projects for the development of a 969 MW AC solar power project across multiple locations in Maharashtra.
CG Power & Industrial Solutions Ltd Spurts 1.01%
CG Power & Industrial Solutions Ltd has added 3.81% over last one month compared to 3.66% fall in BSE Power index and 3.05% rise in the SENSEX