SAEL Ltd, a company converting agricultural waste into energy, is reportedly in the final stages of securing a $1 billion fundraise from US and European investors. The US International Development Finance Corporation (DFC) and Norfund, a Norwegian government-owned fund, are expected to participate.
The development comes after the Reserve Bank of India’s (RBI) outlined cybersecurity guidelines aimed at enhancing the security posture of financial institutions, specifically addressing privileged users
There are only six firms with $1 trillion market cap. Microsoft leads the pack at $2.9 trillion, followed by Apple at $2.87 trillion and Saudi Aramco at $2.1 trillion. In India, RIL is most valued firm at $213 billion, while HDFC Bank and Bajaj Finance are also in fray to be the first in India to reach $1 trillion
H.T. Parekhs vision and leadership propelled HDFC to become a pioneering force in Indias financial landscape, transforming it into a premier housing finance institution and contributing significantly to the countrys economic development.
The U.S. International Development Finance Corporation (DFC) has provided a $500 million loan to support the establishment of First Solar s new fully integrated solar manufacturing plant in Tamil Nadu, India. The facility, with an annual capacity of 3.3 gigawatts, aims to diversify the supply chain in the critical solar sector and boost economic growth in India.
Allcargo Logistics shares to trade ex bonus, AIK Pipes IPO listing in Top News on January 2: Share market, Bank Nifty outlook, Kay Cee Energy & Infra IPO to close, petrol, diesel price also in focus.