JSW may sell 50% in Bhushan Power to JFE
Japanese firm JFE Steel Corp is reportedly leading the race to acquire this stake. The deal, valued at approximately ₹15,000-16,000 crore, is expected to be finalized by December.
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GAIL chief’s dissent note shows rift in PNGRB gas reform panel
His objections, particularly regarding domestic gas sales contracts and pipeline equity returns, have created a rift between GAIL and major gas consumers. The committee proposed sweeping reforms to expand domestic gas usage and deepen the market.
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IndusInd Bank looks to claw back salary, bonuses of former top officials
India’s IndusInd Bank has begun a process to claw back salary and bonuses from its former chief executive and deputy chief, after an internal review flagged misconduct and misreporting, sources with direct knowledge of the matter said.
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Tata Power plans to set up India’s largest solar wafers, ingots making plant
Tata Power is set to build India’s largest solar wafers and ingots plant with a 10 GW capacity. This move completes their manufacturing chain for solar products. The company is exploring government financial support for this significant project. Tata Power…
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Bihar exit polls point to big NDA win. How will Nifty react on Wednesday?
Exit polls project a decisive NDA victory in Bihar, with BJP-JD(U) leading and Congress-RJD trailing. Analysts expect muted market reaction as results align with expectations, signaling policy stability and continuity ahead.
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India bonds dip as US Treasury rout counters RBI support hopes
The yield on the benchmark 10-year note was at 6.5236% as of 10:10 a.m. IST. It had settled at 6.5142% on Friday.
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