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Adani Green Energy today signed share purchase agreements for the acquisition of 100% interest in SB Energy India from SBG (80%) and Bharti Group (20%). SB Energy India has a total renewable portfolio of 4,954 MW spread across four states in India. The transaction marks the largest acquisition in the renewable energy sector in India. The transaction values SB Energy India at an enterprise valuation of approximately USD 3.5 billion. The target portfolio consists large scale utility assets with 84% solar capacity (4,180 MW), 9% wind-solar hybrid capacity (450 MW) and 7% wind capacity (324 MW)....

The UK government came under strong criticism on Sunday for not adding India to the red list travel ban at the same time as Pakistan and Bangladesh in early April, which is feared as a major factor behind a rapid spike in cases of COVID-19's B1.617.2 variant first identified in India. Downing Street said it had taken a precautionary action to ban travel from India on April 23, six days before the B1.617 variant was put under investigation and two weeks before its highly transmissible subtype, B1.617.2, was labelled a Variant of Concern (VOC). According to latest Public Health England (PHE)...

At meeting held on 13 May 2021The Board of NxtDigital at its meeting held on 13 May 2021 has approved raising of funds by way of rights issue of equity shares of the company for an aggregate amount of up to Rs 300 crore. The offer price per share under rights issue shall be Rs 300 per share and 2 equity shares will be offered to existing shareholders of the company for 5 equity shares held by them. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived h...

Dish TV India Ltd is quoting at Rs 13.75, up 3% on the day as on 12:49 IST on the NSE. The stock is up 183.51% in last one year as compared to a 57.24% jump in NIFTY and a 41.14% jump in the Nifty Media. Dish TV India Ltd is up for a fifth straight session today. The stock is quoting at Rs 13.75, up 3% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.65% on the day, quoting at 14754.5. The Sensex is at 48820.84, down 0.69%. Dish TV India Ltd has gained around 47.85% in last one month. Meanwhile, Nifty Media index of which Dish TV India Ltd is a constituent, has gai...

The equity barometers trimmed losses in early afternoon trade. The Nifty regained 14,750 mark after hitting the day's low of 14,695.10 in mid-morning trade. At 12:20 IST, the barometer index, the S&P BSE Sensex, dropped 306.93 points or 0.62% at 48,854.88. The Nifty 50 index lost 82.10 points or 0.55% at 14,768.65. In the broader market, the S&P BSE Mid-Cap index fell 0.16% while the S&P BSE Small-Cap index rose 0.12%. The market breadth was positive. On the BSE, 1,575 shares rose and 1,290 shares fell. A total of 165 shares were unchanged. Indian stock markets will remain closed tomorrow, 1...