TORRENT GROUP
It's taxing times for electoral bond buyers after Supreme Court's Feb verdict More than 1,000 entities who purchased electoral bonds for political donations may now face inquiries from tax authorities regarding the deductions claimed on these contributions, following the Supreme Court's decision to invalidate the scheme in Fe...
01 Jul, 2024, 06.00 AM ISTReliance Cap resolution: NCLT to hear IIHL plea for deadline extension on June 20 The National Company Law Tribunal (NCLT) will hear a plea from Hinduja Group firm IIHL on June 20 for an extension of the deadline to complete Reliance Capital's resolution. IIHL, the successful bidder for Reliance Capital, seeks a 90-day extension ...
13 Jun, 2024, 08.00 PM ISTAdani group companies, LTTS among 19 companies in focus today & tomorrow Adani group companies and LTTS, among others, are in focus for corporate actions like dividends and AGMs this week.
13 Jun, 2024, 09.53 AM IST- ADVERTISEMENT
JSW, Torrent, Masdar among suitors for Enel's India assets The portfolio of Enel Green Power India comprises 760 megawatts (MW) of operational wind and solar power assets and a development pipeline of 2 gigawatts (GW). Of the operational capacity, solar power projects comprise 420 MW, with the balance 340 M...
10 Jun, 2024, 01.49 AM ISTStocks in news: BHEL, Chetan Rajpara, Kalpataru Projects, Torrent Pharma, Century Textiles Indian equity markets are witnessing dynamic movements with substantial swings. Shares of BHEL, Chetan Rajpara, Kalpataru Projects, Torrent Pharma, Century Textiles, and others will be in focus today. Updates on Force Motors, Bharat Heavy Electrical...
06 Jun, 2024, 06.42 AM ISTRupee rises 4 paise to 83.06 against US dollar in early trade The rupee appreciated by 4 paise to 83.06 against the US dollar on Monday, supported by the weakness of the American currency. Elevated crude oil prices restricted the upmove. The Adani Group plans to raise USD 3.5 billion through a Qualified Instit...
27 May, 2024, 10.19 AM ISTStocks in news: ITC, IndiGo, Grasim, Power Grid, Nykaa, Gland Pharma Grasim Ltd, part of the Aditya Birla Group, reported 39% growth in its consolidated net profit (excluding exceptional item) at Rs 1,908 crore for the quarter ended March 2024.
23 May, 2024, 06.55 AM ISTCipla promoters to sell up to 2.53% for Rs 2,637 crore The move, days after the company posted its best annual results, has triggered speculation that more such transactions could be in the offing. The collapse of the $7 billion sale last year after lengthy negotiations had reportedly led to divisions w...
15 May, 2024, 12.46 AM ISTPromoter group entities likely to sell 2.5% stake in Cipla worth Rs 2,637 crore via block deals: Report The price range of the block is fixed at Rs 1,289-1,357, taking the total deal value to around Rs 2,637 crore.
14 May, 2024, 07.50 PM ISTIndusInd promoter company to raise stake in bank to 26% IIHL, an investment arm of the Hinduja brothers, aims to improve valuation of its investment to $50 billion by 2030. IIHL has already received RBI nod to raise its state in IndusInd Bank to 26%. The investment arm also plans to grow life and non-lif...
06 May, 2024, 05.32 AM ISTWhat drives the sector is key to long term investments: 5 large cap stocks from different sectors with upside potential up to 19% There are some sectors where the macro structure is such that for one or the other reasons the overall growth is higher. This is not to say that growth comes without phases of slowdown, but when tailwinds come they are able to take care of all the s...
08 Apr, 2024, 08.58 AM ISTTorrent's Mehta family pledges Rs 5,000 crore to UNM Foundation The Mehta family of the Torrent Group has pledged to donate Rs 5,000 crore over five years to the UNM Foundation in honor of founder U N Mehta's birth centenary. Mehta overcame personal challenges to build a successful business, and the foundation w...
31 Mar, 2024, 04.27 PM ISTSKS Power resolution faces roadblock as HC orders CBI probe Torrent Power and Sharda Energy and Power are the two entities in the fray to acquire the 600 MW power generation company. The committee of creditors last year approved a ₹1,800-crore debt resolution plan for Sharda Energy. However, Torrent Power cl...
29 Mar, 2024, 09.58 PM ISTStocks in news: Indian Hotels, RailTel, Dr Lal PathLabs, Torrent Power, Lupin RailTel received an order worth Rs 352 cr from BMC for supply, operations and maintenance of the health department of the corporation.
18 Mar, 2024, 07.05 AM ISTTorrent Power, Lanco emerge as lowest bidders in gas-fired power auction Torrent Power's DGEN Power plant and Lanco Group were among the lowest bidders in an auction to supply natural gas-fired power during peak electricity demand in India, a document revealed. India, predominantly reliant on coal for electricity generat...
21 Feb, 2024, 04.12 PM ISTTorrent, three others in race for Stride Climate Green energy producers, including Torrent Power, Sembcorp, JSW Neo Energy, and Actis, are in talks to acquire Stride Climate Investments. Macquarie Group is also selling Vibrant Energy. India's renewable energy capacity is expected to increase to 17...
20 Feb, 2024, 08.21 AM ISTSectoral tailwinds and stronger balance sheets: 5 largecap stocks with right mix of two important ratios There are some sectors where large players have an edge, because the nature of the business is such that there are phases where ability to stay in the game and cash on the balance sheet matter most. When the tide turns in favor of that sector, these...
20 Jan, 2024, 02.56 PM ISTTorrent Group signs MoUs to invest Rs 47,000 crore in Gujarat Torrent Group, based in Ahmedabad, has signed four non-binding memorandums of understanding (MoUs) with the Gujarat government. The MoUs cover renewable energy, pump storage hydro projects, green hydrogen production, and power distribution, with a t...
12 Jan, 2024, 07.44 PM ISTSensex gains 250 points, Nifty above 21,600; Torrent Power rises 6%, Ujjivan SFB 5% Opening Bell: Sensex climbs 250 points, Nifty above 21,600; Torrent Power rises 6%, Ujjivan SFB 5%.Sensex gains 250 points, Nifty above 21,600; Torrent Power rises 6%, Ujjivan SFB 5%
04 Jan, 2024, 09.43 AM ISTTorrent Group market capitalisation tops Rs 1 lakh cr The Group's valuation hit Rs 50,000 crore in February 2020. This shows 2x growth in market capitalisation in the past three years - driven by robust financial performance, sustained growth trajectory and expansions in business and new geographies, m...
31 Jul, 2023, 08.51 PM IST