Powergrid board approves investments worth Rs 22.02 billion

June 2021

Powergrid’s board has approved investments totalling Rs 22.02 billion for various power transmission projects. The board of directors approved investments for the Transmission System Strengthening Scheme for the evacuation of Power from Solar Energy Zones […]

AGEL to acquire 100 per cent stake in SB Energy

June 2021

AGEL has signed share purchase agreements for 100 per cent acquisition of SB Energy Holdings Limited, which has a 4,954 MW portfolio of renewable energy projects in India. AGEL will acquire an 80 per cent stake […]

Punjab National Bank to buy stake in NARCL

June 2021

The government-owned Punjab National Bank (PNB) will acquire a stake in the soon-to-be-set-up National Asset Reconstruction Company Limited (NARCL). PNB has already identified non-performing assets (NPAs) worth Rs 80 billion to be transferred to the […]

Go Airlines to launch its IPO in August 2021

June 2021

Go Airlines is likely to launch its initial public offering (IPO) in August 2021 and expects SEBI to clear the proposal by July 31, 2021. The company has filed its draft red herring prospectus with […]

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