Adani Power shares surged over 5% after winning a bid to supply 6,600 MW of bundled renewable and thermal power to Maharashtra at Rs 4.08 per unit, beating competitors like JSW Energy. Adani Green Energy shares also jumped by over 7%, with plans to supply 5 GW of solar power from Gujarat's Khavda renewable energy park under a long-term agreement
A study by the Potsdam Institute for Climate Impact Research reveals that while the poorest people still face the highest economic risks from climate change, the wealthy are experiencing the fastest-growing risks due to global supply chain disruptions. The study also highlights how erratic weather increases economic challenges globally, affecting both low- and high-income groups, with wealthier consumers facing rising risks in the next 20 years
BY PTI 16 September 2024
The stock was listed at Rs 150 on the BSE and NSE, reflecting a jump of 114.28 per cent from the issue price.
BY PTI 16 September 2024
The rupee appreciated by 4 paise to 83.88 against the US dollar, supported by foreign fund inflows and a weak dollar, though rising crude oil prices limited further gains. Traders are awaiting the US Fed's rate decision, with expectations of a 25 bps cut, while India's forex reserves reached a new high of $689.235 billion
BY PTI 16 September 2024
Dhaval and Madhabi have been facing allegations of conflict of interest over providing consultancy services to corporates.
BY PTI 16 September 2024
NTPC was the biggest gainer on the Sensex chart, rising 2.44 per cent, followed by JSW Steel, Larsen & Toubro, ICICI Bank, Axis Bank, Nestle, Mahindra & Mahindra and Tata Steel.
BY PTI 16 September 2024
The Sensex rose by nearly 100 points to close at a record high of 82,988.78, while the Nifty hit a new intra-day peak driven by gains in energy, utility, and banking stocks amid strong foreign fund inflows. NTPC led the gains, while Bajaj Finance and Hindustan Unilever were among the top losers
BY PTI 16 September 2024
The views assume significance in the backdrop of persistent debate in tech circles and civil societies on whether AI will augment the labour market or displace workers.
BY PTI 16 September 2024
"Baba Kalyani will appropriately represent his case before the Pune District Court," the spokesperson said in a statement.
BY PTI 16 September 2024
"In the next three years, Emperium plans to develop an additional 2.1 million square feet across 1,055 units," the company said in a statement on Monday.
BY PTI 16 September 2024
Advertisement
Newsletter
Signup for Outlook and get curated content to your inbox everyday.