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Anil Ambani-owned Reliance Power share price jumps over 3%. Here's why

Anil Ambani-owned Reliance Power share price jumps over 3%: Here’s why

After the Anil Ambani-owned company stated that its subsidiary Samalkot Power had settled a credit default, Reliance Power’s share price increased by more than 3% on Monday. On the BSEt, shares of Reliance Power increased by as much as 3.41% to ₹46.00 each. Reliance Power reported that Samalkot Power Ltd., one of its subsidiaries, had

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Vodafone Idea shares in focus as board to consider ₹2000 crore fundraise

Vodafone Idea shares in focus as board to consider ₹2000 crore fundraise

Vodafone Idea Limited (VIL) ‘s board meets today, December 9, to discuss a ₹2,000 crore fundraising request, putting the company’s stock in the spotlight. The conference, set for December 9, 2024, will concentrate on raising money through the preferential issuing of convertible securities or equity shares. Entities connected to the Vodafone Group, one of VIL’s

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WuXi Firms Surge on Slimmer Chances of US Biosecure Passage

WuXi Firms Surge on Slimmer Chances of US Biosecure Passage

WuXi AppTec Co. and WuXi Biologics Cayman Inc., two Chinese biotech service providers, saw their stock jump Monday after a draft US bill that would have eliminated their pivotal position in worldwide drug research lost its final significant window for enactment this year. Early Monday trading in Hong Kong saw a 12% increase in WuXi

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Vodafone Idea share price rises 4.5% : To consider raising funds on 9 Dec

Vodafone Idea share price rises 4.5% : To consider raising funds on 9 Dec

Vodafone Idea’s share price increased significantly by 4.5% during Thursday’s early trading. The board will meet on December 9 to discuss raising money. The price of Vodafone Idea’s shares began at ₹8.79 on the BSE on Thursday, up 4.5% from Wednesday’s closing price of ₹8.41. Since November 22, the price of Vodafone Idea shares has

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IGL Bonus Issue: CGD Indraprastha Gas board to consider free issue of shares

IGL Bonus Issue: CGD Indraprastha Gas board to consider free issue of shares

On Wednesday, December 4, Indraprastha Gas Ltd (IGL), a prominent city gas distributor (CGD), declared that at its next board meeting on December 10, 2024, it will contemplate releasing a bonus issue of shares. At the next meeting, the IGL board is anticipated to decide on the bonus issue’s record date. “This is to inform

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Swan Energy stock hits 3-month high with 15% jump, zooms 53% in 6 weeks

Swan Energy stock hits 3-month high with 15% jump, zooms 53% in 6 weeks

On December 4, Swan Energy’s shares jumped 15.40 per cent during intraday trading, reaching a three-month high of ₹728.70 a share before ending the day with a 12.34 per cent gain at ₹709 per share. The stock gained 53% in just six weeks as a result of this rally. According to a declaration submitted on

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Greenzo Energy, EODev partner to market hydrogen fuel cell power generators in India and Nepal

Greenzo Energy, EODev partner to market hydrogen fuel cell power generators in India and Nepal

In order to promote hydrogen fuel cell power producers in India and Nepal, New Delhi-based Greenzo Energy and France-based EODev have teamed together. A hydrogen fuel cell generator is a machine that uses an electrochemical reaction between hydrogen and oxygen to produce both heat and power. “Greenzo Energy has joined forces with France’s EODev to

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Anil Ambani-owned Reliance Power share price hits 5% upper circuit: Here's why

Anil Ambani-owned Reliance Power share price hits 5% upper circuit: Here’s why

After the Solar Energy Corporation of India (Seci) retracted its order prohibiting the business from participating in renewable energy bids, the share price of Reliance Power opened on the BSE on Wednesday, December 4, at a 5% upper circuit of ₹41.07. On Tuesday, December 3, the price of Reliance Power’s shares closed 1.03% higher on

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Asian markets fall, Kospi tumbles amid South Korea’s martial law

Asian markets fall, Kospi tumbles amid South Korea’s martial law

In the wake of a disruptive political crisis in South Korea, Asian markets saw a decline in trading on Wednesday. Global markets were shaken and regional uncertainty increased by President Yoon Suk Yeol’s abrupt declaration of emergency martial law, which was ultimately lifted within hours. Markets in South Korea saw steep drops, with the Kosdaq

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