The project involves the procurement and installation of 500 MW/1000 MWh standalone battery energy storage systems across India, supported by viability gap funding. Shares of HG Infra Engineering Ltd ended at ₹1,276.15, down by ₹3.60, or 0.28%, on the BSE.
Dhruv Goel, CEO of Bigmint, expects aluminium prices to stay elevated in the short term, but the long-term prospects remain uncertain.
Eminent Electricity Distribution Ltd has received a letter of intent to this effect. Shares of CESC Ltd ended at ₹173.05, up by ₹2.05, or 1.20%, on the BSE.
The move is aimed at improving ease of doing business and reducing the backlog of pending cases at various adjudication levels, sources added.
Under the new framework, SEBI suggests using an independent agency to recommend candidates for these roles. The recommendations would then be reviewed by the Nomination and Remuneration Committee (NRC) of the MII, before being sent to SEBI and the governing board for final approval.
The revised total cost for the turnkey project stands at ₹531.77 crore, excluding GST, which marks an increase from the original cost of ₹288.44 crore. Shares of RITES Ltd ended at ₹275.20, up by ₹1.35, or 0.49%, on the BSE.
India’s forex reserves fell by a record $17.8 billion to $657.89 billion in the week ending November 15, driven by a stronger dollar, RBI intervention, and continued foreign outflows.
The appointment follows the approval by the BSE board on November 12. Shares of BSE Ltd ended at ₹4,719.95, up by ₹24.80, or 0.53%, on the BSE.
Raymond shares surged 16.6% to ₹1,664.15 on the BSE after receiving stock exchange approvals for its Raymond Realty demerger.
Shares of Central Bank of India Ltd ended at ₹52.22, up by ₹0.69, or 1.34% on the BSE.
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