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Source: Live Mint Hence, the focus will be on employment generation, skill development, and providing relief to a large mass of people distressed by inflation, with the overall objective of pushing up the GDP growth rate. Let’s do some crystal ball gazing and share ideas on the direction that the Budget 2025 proposals may take…
Source: Live Mint Stock Market Today: Shares of Waaree Energies climbed 4 percent on Wednesday, December 11, after the Company has today received Letter of Award (LoA) for the development of 170 MW Solar power plant in Madhya Pradesh, from Rewa Ultra Mega Solar Limtied (RUMSL). The Solar power plant will enable the generation and…
Source: Live Mint Indian stock markets have delivered an impressive 13 percent year-to-date (YTD) gain in 2024, with nearly all sectoral indices recording positive performance. The realty and pharma sectors stood out, posting gains of 39 percent and 32 percent, respectively. Meanwhile, indices like Nifty IT, Nifty PSU Bank, and Nifty Auto climbed over 20…
Source: Live Mint Artificial intelligence could play a pivotal role in addressing the global climate crisis, according to Yann LeCun, Chief AI Scientist at Meta, in a compelling discussion with Nikhil Kamath on theWTF Podcast. The episode, part of the series WTF is Really A.I.?, delved into how AI’s transformative power can be harnessed to…
Source: Live Mint The State-owned renewable energy giant said on Monday that it has raised around ₹3,960 crore from investors in its anchor round, according to the exchange filing, ahead of the company’s proposed initial public offering (IPO). As per the exchange filing, the company has allocated 36,66,66,666 or 36.66 crore equity shares to the…
Source: Live Mint State-owned NTPC Green Energy Limited’s initial public offering (IPO) is scheduled to open for public bidding on Tuesday, November 19 and close on Friday, November 22. The renewable energy firm’s IPO will have its anchor round of investing on Monday, November 18. NTPC Green Energy aims to raise nearly ₹10,000 crore through…
Source: Live Mint Japanese brokerage firm Nomura in its latest report highlighted that India’s power transmission sector is set for robust growth, fueled by rising electricity demand and ambitious targets for renewable energy capacity expansion. According to the Central Electricity Authority, the sector is expected to attract USD 110 billion in investments between FY22 and…
Source: Live Mint Parametric insurance, also known as index-based insurance, is a type of cover in which the insurance company and customer agree on a sum that will be paid out if a specific event occurs. The event must be measurable, and for the payout to be made, its intensity must meet or exceed a…
Source: Live Mint MUMBAI : Tata Power Co. Ltd’s shares have had a stellar run in the past year, soaring as much as 77% compared to the 25% returns of the Nifty50. One factor driving investor sentiment is the improved outlook on the back of the ramp-up in the solar module manufacturing plant and commissioning…
Source: Live Mint Hitachi Energy India Ltd’s shares are up 14% this week, lifting the gains for 2024 so far to as much as 200%. Now, notwithstanding the growth outlook for capital goods companies, retail investors must note that multinational companies such as Siemens, ABB India and Hitachi will always remain expensive given they have…
