Latest Updates Around The World
Clean Max Enviro Energy Solutions has raised Rs 921 crore from key investors ahead of its Rs 3,100-crore IPO, with global and domestic institutions including Temasek Holdings and SBI Life Insurance prominently featured in the anchor book.The company informed the stock exchanges that it has allotted 87,46,437 shares at Rs 1,053 per share to anchor […]
Top investor Vijay Kedia added Advait Energy Transitions, a small cap stock, to his portfolio in the December quarter. He bought a 1.14% stake in the company through his investment arm Kedia Securities Private Limited.Kedia’s 1.14% stake represents 1.25 lakh shares currently valued at Rs 17 crore, according to Trendlyne data. Advait Energy Transitions is […]
Despite the government’s emphasis on expanding the road network, the pace of awarding new road projects in 2025 remained moderate. | Photo credit: ALLEN EGENUSE J India’s bid to become the world’s third-largest economy by 2030, with a target GDP of more than $7 trillion, will be supported by heavy investment in infrastructure, with roads, […]
A construction worker drinks water in temperatures that have reached triple digits in Palm Springs. (Photo by David Swanson/REUTERS) Climate change, exacerbated by human behavior, made 2025 one of the three warmest years on record, scientists said. It was also the first time that the three-year temperature average exceeded the threshold set by law 2015 […]
Despite near-term headwinds at Novelis, the long-term investment scenario for Hindalco Industries remains structurally strong, driven by favorable aluminum price dynamics and resilient domestic operations, said Aditya Welekar, AVP at Axis Securities.Speaking to ET Now, Welekar said Novelis remains a long-term growth story even as the company faces execution-related challenges at its Bay Minette project […]
Shares of Vikran Engineering rose as much as 15% on Wednesday to hit an intraday high of Rs 99.80 on the BSE after the company announced that it has bagged a large EPC (Engineering, Procurement, and Construction) order of Rs 2,035.26 crore from Onix Renewables Limited.The contract involves the development of 600 MW AC solar […]
Shares of Shakti Pumps (India) continued their strong momentum on Tuesday, rising 4.26% to Rs 785, marking their fourth straight day of gains. Over the past four trading sessions, the stock has risen more than 40%, fueled by a string of big order wins. The stock’s rally comes after a number of notable order announcements […]
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Mumbai: Clean energy group Greenko has raised around ₹600 crore through privately placed rupee bonds subscribed by Broad Peak Investment Advisors and JP Morgan, investment banking sources told ET. The 23-month senior secured non-convertible debentures (NCDs) are priced at 12.5% ​​and were issued last month, the sources cited above said. Proceeds will be used to […]
