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SOLAR ASSETS ACQUISITION
Goenka Group’s Purvah Green Power to acquire Welspun New Energy for ₹2,500 crPurvah Green Power is set to acquire Welspun New Energy for approximately ₹2,500 crore. This acquisition will provide Purvah access to Wels...
Motilal Oswal initiates coverage on Adani Power with Buy call, sees 20% upside. Time to hold or sell?Motilal Oswal initiated coverage on Adani Power with a Buy rating and a target price of Rs 250, implying around 20% upside. The brokerage s...
Silver dealers face overstocking fears as investment demand dries up after 40% price fallWith investment demand for silver dwindling, refiners and dealers are inundated with rising stockpiles. The precious metal’s prices have dr...
Coal India bets ₹50,000 crore on life beyond coal; goes big on gasification, critical mineralsCoal India is investing nearly fifty thousand crore rupees in coal gasification projects. The company is also actively seeking overseas cri...
Aditya Birla Group taps local lenders for Sprng EnergyAditya Birla Group is in advanced talks with domestic lenders to raise about Rs 14,000 crore through a long-term loan syndication to fund i...
Horizon Industrial Parks IPO Day 3: Subscription hits 1.45x. Check GMP and other key detailsHorizon Industrial Parks IPO GMP Today: Horizon Industrial Parks IPO enters its final bidding day with 24% subscription after Day 2 and a m...
Inox Clean Energy completes Rs 6,000 crore acquisition of BlackRock-owned GIP's Vena Energy IndiaInox Clean Energy has acquired Vena Energy India's renewable platform for Rs 6,000 crore. This rapid transaction was completed within two m...
Horizon Industrial Parks IPO Day 2: GMP, subscription status and key details; should you subscribe?Horizon Industrial Parks IPO entered its second day of bidding with a 14% subscription on Day 1. Backed by Blackstone, the Rs 2,600 crore i...
Bain Capital sells 5.64% unitholding in Embassy Office Parks REIT for Rs 2,325 croreBain Capital recently sold a 5.64% stake in Embassy Office Parks REIT for Rs 2,325 crore, offloading more than 53 million units. In respons...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsLooking at what happens in the short term is important, as it does have an impact on stock prices. But also always keep an eye on the macro...
Motilal Oswal commits Rs 1,500 crore to Inox Clean in hybrid private credit dealMotilal Oswal Group has committed Rs 1,500 crore to Inox Clean Energy Ltd through compulsorily convertible debentures to fund acquisitions ...
RPSG’s Purvah Green Power to acquire Renew Solar Power's 1.4 GW solar portfolio for Rs 4,859 crorePurvah Green Power will acquire a 1.4 GWp solar portfolio for Rs 4,859 crore. This acquisition will increase Purvah's contracted renewable ...
Sanjiv Goenka-led RPSG arm to acquire 1.4 GW solar projects from ReNew for Rs 4,859 croreIn a move that signifies a major leap towards sustainability, CESE Ltd, under the RP-Sanjiv Goenka Group, is acquiring six solar projects, ...
REIT mutual funds vs REITs: Why the fund route may be the smarter betDespite their benefits, REITs have not found widespread acceptance. Tax treatment is a major hurdle. When investing directly in REITs, inve...
Defence stocks rally on strong order books and rising exports: Are they still worth buying?Order books, exports and government spending driving the sector, but valuations are no longer cheap. Nuvama argues that the industry is now...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsThe price of crude oil is down again despite the escalating tensions in the Gulf region. That augurs well for markets. This does not mean t...
Brookfield launches renewable energy platform Lumara, to deploy $600 mn in IndiaBrookfield has introduced Lumara, a new renewable energy platform aimed at transforming India's energy landscape. With an investment of abo...
Owning an ecosystem is sometimes the better approach: 21 stocks from the energy ecosystem, 9 with upside potential of over 13%Faced with a rising sector, the instinct is to find the best stock in it. The single name that will best ride the wave. In an ecosystem lik...
Sprng deal could deliver fresh spark to drive Grasim revenueGrasim Industries is strategically acquiring Sprng Energy to accelerate its renewable energy business growth. This acquisition is expected ...
Grasim shares in focus after subsidiary acquires Solenergi Power from Shell in $1.8 billion dealGrasim Industries' renewable energy arm will acquire Solenergi Power from Shell. This acquisition significantly expands its clean energy po...