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The company’s board will next meet on April 6 to consider and approve the proposal for the issuance of equity shares or convertible securities on a preferential basis.

“Tesla would send a team from the US by late April to study sites for the plant, focusing on states with existing automotive hubs, including Maharashtra and Gujarat in the west and Tamil Nadu in the south,” said a report by the Financial Times.

“On the first day, 63 members participated in this optional segment. As many as 41 members traded in 10 scrips and placed a total of 329 orders which resulted into 90 trades,” the BSE said in a release.

“The funds infusion will be instrumental in enhancing conclusively to accomplish the capacity of 140 million tonnes per annum by 2028 by the cement vertical,” Ambuja Cements said in filing to exchanges.

India’s natural gas consumption, and consequently imports, had been on a growth trajectory till FY20, with the government’s push to increase the share of the fuel in the country’s primary energy mix to 15 per cent by 2030 from a little over 6 per cent.

Net tax revenue turned negative during February primarily on account of a contraction in corporate tax revenue and due to the impact of transfer of tax devolution instalments to states, economists said.

The domestic currency fell to a low of 83.45 against the greenback during the intraday trades. The rupee opened at 83.33 compared to the previous close of 83.29 against the dollar.

In December last year, the RBI directed banks, NBFCs and other lenders not to invest in any scheme of alternative investment funds (AIFs) which has downstream investments in a debtor company.

Releasing the report, Chief Economic Adviser V Anantha Nageswaran said it is not correct to think that for every social or economic problem, there needs to be a government intervention, adding that industry needs to hire more.

Speaking at Ficci’s National Conclave on Viksit Bharat @ 2047: Viksit Bharat & Industry, Sitharaman said the next generation reforms will be on top of the agenda of the government, including reforms for all factors of production — land, labour and capital — along with digital infrastructure.