Tarsons Product will make its debut on the bourses today, the issue price was fixed at Rs 662 per share
The company said that all the existing and upcoming renewable energy businesses will be housed under JSW Energy Neo, its wholly-owned subsidiary
The total revenue during July-September 2021 increased 12 per cent year-on-year
IndiGo co-founder Rakesh Gangwal has moved Delhi High Court to enforce an arbitration order of the London Court of International Arbitration
CEAT shareholders approved the issuance of NCDs up to Rs 500 crore on a private placement basis
ESOP to cover 15,000 staff for all grades including workmen, junior, middle, senior management and business leadership
JSW Energy on Friday reported 5.6 per cent decline in consolidated net profit at Rs 201 crore for June quarter 2021-22. "On a comparable basis, adjusting for one-time finance charges, Profit After Tax (PAT) stood at Rs 261 crore (in April-June 2021) compared to reported PAT of Rs 213 crore, in corresponding quarter of previous year. Reported PAT for the quarter stood at Rs 201 crore," a company statement said. During the quarter, total revenue stood at Rs 1,860 crore as against Rs 1,887 crore in April-June 2020-21, primarily due to reduction attributable to the impact of job work at the standalone entity, partly offset by increase in long-term sales and other income. The fuel cost in the quarter fell 11 per cent YoY (year-on-year) to Rs 812 crore, primarily attributable to impact of job work at standalone entity, partly offset by increase in long-term sales at standalone entity as well higher coal prices. Reported Finance cost during the quarter increased 21 per cent YoY to Rs 290
Sign agreement for assessing potential of green hydrogen for green steel making, hydrogen mobility, green ammonia and other industrial applications in India
Fortescue Future Industries (FFI) has signed the agreement with JSW Future Energy for collaborating on hydrogen mobility, green ammonia and their industrial applications in India.
JSW Energy on Wednesday said it will seek shareholders approval to raise up to Rs 5,000 crore via equity shares, bonds and other such securities in its annual general meeting on August 4, 2021
The company, which is no longer investing in thermal power, will look at several debt funding instruments for its renewable projects
Several top companies, led by steel majors ArcelorMittal Nippon Steel India (AM/NS India), JSW Steel, Tata Steel and Hindalco, are planning to expand capacity in the next few quarters
The company attributed the slip in profit to the Covid-19 pandemic and the decline of merchant power sales
The board in its meeting on Friday recommended declaration of dividend of Rs 2 per equity share of Rs 10
Tata Power, for instance, has reduced its consolidated net debt by Rs 11,400 crore in the last three years to Rs 36,559 crore as on March 31, 2021
Tata Power Company, CESC, Bharat Heavy Electricals (BHEL) and NTPC were quoting at their respective 52-week high levels
JSW Energy on Tuesday said that its arm JSW Hydro Energy has raised USD 707 million through green bonds abroad. "JSW Hydro Energy raises USD 707 million from international bond markets through debut Green Bond Issue under 144A / Reg S format," a JSW Energy statement said. According to statement, JSW Hydro Energy has priced the fixed rate senior secured green 144A/Reg S Bond for a 10-year tenor at 4.125 per cent. The proceeds from the issuance will be used towards repayment of existing green project-related rupee-denominated indebtedness, it said. The green bond framework for the company's debut bond transaction has been reviewed by Sustainalytics, who has issued a second party opinion. The company engaged with several investors on a global deal roadshow across Hong Kong, Singapore, London, New York and Los Angeles. Backed by an extremely strong investor feedback, the transaction was launched with an initial price guidance of 4.500 per cent area and tightened by 37.5 bps (basis po
Offer generates good response, closes at much lower rate than initially guided
The rating has been assigned to JSW Hydro Energy Limited's proposed US-dollar senior secured notes due 2031.
JSW Energy on Tuesday said its arm JSW Hydro Energy will issue USD-denominated notes (green bonds) in overseas markets to raise funds