Power STOCKS : Pm will on Tuesday review #coal positions at thermal power stations amid persistent worries over shortages and #power supply disruptions. The Coal Ministry and Ministry Of power both sent out assurances that the situation would improve soon.
Vodafone Idea ; AdityaBirlaGrp chairman Kumar Mangalam Birla is considering infusing some of his own capital into #VodafoneIdea while the Vodafone Group may sell at least a part of its stake in #IndusTowers and channel the proceeds into the telco.
Rising Crude Oil now a worry for Global market
Adani Green Energy: Total Operational Capacity nearly doubled to 5,410 MW on YoY basis. Sale of Energy up by 61% YoY
RAMAKRISHNA FORGING : Lalit Khetan, Executive Director & CFO at Ramkrishna Forgings says that they expect the chip shortage issue to get resolved in the next one month.
Tata Power signs PPA with Punjab Govt for Mundra Power Plant. To supply power at Rs 5.5/unit( vs est Rs 3/unit)
This is a Game Changer news since Mundra Power plant is a loss making unit
Gujarat and Maharastra also to follow suit on PPAs
YES BANK : Alternative investment management firm Oaktree Capital Management, private equity (PE) fund Cerberus Capital Management and JC Flowers & Co. have been shortlisted to be the equity partner for Yes Bank's proposed asset reconstruction company (ARC), two people familiar with the development said.
The three US firms are among 12 that submitted expressions of interest to Yes Bank's process advisor EY by August 31. EY selected the three entities based on their indicative plans for the structure of the proposed ARC, the people said
RBI: HARIBHAKTI & CO DEBARRED FROM UNDERTAKING AUDIT ASSIGNMENTS IN REGULATED ENTITIES FOR 2 YEARS FROM APRIL 1
FUTURE RETAIL : #Future Group, @Amazon likely to consider out-of-court settlement after SIAC ruling
Vodafone Idea ; AdityaBirlaGrp chairman Kumar Mangalam Birla is considering infusing some of his own capital into #VodafoneIdea while the Vodafone Group may sell at least a part of its stake in #IndusTowers and channel the proceeds into the telco.
Rising Crude Oil now a worry for Global market
Adani Green Energy: Total Operational Capacity nearly doubled to 5,410 MW on YoY basis. Sale of Energy up by 61% YoY
RAMAKRISHNA FORGING : Lalit Khetan, Executive Director & CFO at Ramkrishna Forgings says that they expect the chip shortage issue to get resolved in the next one month.
Tata Power signs PPA with Punjab Govt for Mundra Power Plant. To supply power at Rs 5.5/unit( vs est Rs 3/unit)
This is a Game Changer news since Mundra Power plant is a loss making unit
Gujarat and Maharastra also to follow suit on PPAs
YES BANK : Alternative investment management firm Oaktree Capital Management, private equity (PE) fund Cerberus Capital Management and JC Flowers & Co. have been shortlisted to be the equity partner for Yes Bank's proposed asset reconstruction company (ARC), two people familiar with the development said.
The three US firms are among 12 that submitted expressions of interest to Yes Bank's process advisor EY by August 31. EY selected the three entities based on their indicative plans for the structure of the proposed ARC, the people said
RBI: HARIBHAKTI & CO DEBARRED FROM UNDERTAKING AUDIT ASSIGNMENTS IN REGULATED ENTITIES FOR 2 YEARS FROM APRIL 1
FUTURE RETAIL : #Future Group, @Amazon likely to consider out-of-court settlement after SIAC ruling
STOCKS KA GYAN 💬
🔸India's apex planning and advisory body for the power sector has eased a key condition for #power equipment supplies for public sector projects, a move that is expected to let utilities to issue tenders allowing larger private vendor participation.
🔸India's construction equipment industry witnessed a 26% rise in sales to 1,35,650 units in the 2023-24 fiscal on the back of the government's infrastructure-led growth agenda.
🔸 #Persistent Systems announced the launch of “iAURA”, a suite of AI-powered data solutions engineered to catalyze business growth. iAURA empowers businesses with seamless deployment and precision in addressing data challenges for AI implementations.
🔸 #Infosys informed the stock exchange that the company and ServiceNow are strengthening their collaboration to utilize generative AI for enhancing customer experiences.
🔸 #Infosys informed the stock exchange that it has been certified with ISO 42001:2023 Certification for Artificial Intelligence Management System, by TUV India (part of TÜV Nord Group).
🔸 #TataElxsi informed the stock exchange that it has collaborated with Arm, the global semiconductor design and software platform company to offer advanced solutions on the latest Arm processors, which will help Automotive OEMs and Tier-1s fast track their transition to software-defined vehicles (SDVs).
🔸India's apex planning and advisory body for the power sector has eased a key condition for #power equipment supplies for public sector projects, a move that is expected to let utilities to issue tenders allowing larger private vendor participation.
🔸India's construction equipment industry witnessed a 26% rise in sales to 1,35,650 units in the 2023-24 fiscal on the back of the government's infrastructure-led growth agenda.
🔸 #Persistent Systems announced the launch of “iAURA”, a suite of AI-powered data solutions engineered to catalyze business growth. iAURA empowers businesses with seamless deployment and precision in addressing data challenges for AI implementations.
🔸 #Infosys informed the stock exchange that the company and ServiceNow are strengthening their collaboration to utilize generative AI for enhancing customer experiences.
🔸 #Infosys informed the stock exchange that it has been certified with ISO 42001:2023 Certification for Artificial Intelligence Management System, by TUV India (part of TÜV Nord Group).
🔸 #TataElxsi informed the stock exchange that it has collaborated with Arm, the global semiconductor design and software platform company to offer advanced solutions on the latest Arm processors, which will help Automotive OEMs and Tier-1s fast track their transition to software-defined vehicles (SDVs).