In a second straight year of sugar glut, shares of Indian millers have surged. That’s because of the nation’s aggressive push to ethanol blending in transport fuels.
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HDFC Bank Q2 Results: Focus Returns To Growth
HDFC Bank Q2 Results: The country’s largest private lender HDFC Bank reported a 17.6% rise in second quarter net profit, as loan growth picked up and asset quality remained stable.
India Has Few Things To Do Before Global Bond Inclusion: Finance Minister
- India moving towards being included in global bond indexes.
- It’s a question of doing quite a few things before it can happen.
- We are in the process of doing that, I hope to do it at the earliest.
Wipro Hits Record As Brokerages Raise Target Prices After Q2 Beat
Wipro Ltd. shares rose as much as 7.6% to Rs 723.9 in early trade, before paring gains, as brokerages raised their target prices after the company’s September quarter earnings beat estimates.
India States Hit by Power Outages as Coal Supply Still Tight
India’s energy crisis is starting to bite with states from Uttar Pradesh to Rajasthan and Kerala hit by blackouts over the weekend.
Trading Stocks For Today – 11-10-2021
Reliance Industries: Reliance New Energy Solar, a subsidiary of the company, has acquired REC Solar Holdings AS from China National Bluestar Co for an enterprise value of $771 million. REC Solar is one of the world’s leading solar cell, panels and polysilicon manufacturer.
Billionaire Ambani’s Reliance Buys REC Solar for $771 Million
A unit of Reliance Industries Ltd. acquired solar panel manufacturer REC Solar Holdings AS in a deal giving the company an enterprise value of $771 million as the Indian oil-to-retail conglomerate seeks to extend its dominance into alternative energy.