Stay updated with breaking news from Usiness Articles. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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.