Daily Market Analysis – 22nd June 2021 (Adani Group)
Adani Power to acquire 1,200 MW Essar Power’s Mahan project The country’s largest power producer in the private sector, Adani Power Limited (APL), will acquire the 1,200 megawatts (MW) Essar Power’s Mahan Project located at Singrauli district of Madhya Pradesh. According to industry sources, Adani Power will shell out close to Rs 3,000 crore for the Mahan Project....
Daily Market Analysis – 13th May 2021
PLI scheme for promoting ACC battery manufacturing : Govt approves Rs. 18100Cr in PLI scheme for manufacturing Advanced Chemistry Cell (ACC) battery with the objective of promoting Make in India initiative. The proposal aims to achieve manufacturing of 50 gigawatts of battery storage, he said, adding, these incentives will be available to those companies having higher production...
Daily Market Analysis – 27th Jan 2021
Soon government nod to vehicle scrapping policy: Union Minister Nitin Gadkari said on Friday, that the much-awaited policy to scrap 15 years old vehicles is likely to get a government nod soon. The policy is for the scrapping of vehicles that are more than 15 years old and includes cars, trucks, and buses. This policy boosted the automobile sector by phasing out old and polluting vehicles....
Daily Market Analysis – 8th Dec 2020
Jet Airways is all set to restart the services from summer 2021 If everything goes as per plan and the consortium receives the NCLT and regulatory approvals on time.The new promoters, Murari Lal Jalan and Kalrock Capital intend to start domestic and international operations with all the slots that were available to the airline before it stopped operations.The new promoters contemplated...