Finance

Financial Briefs: India and overseas

Torrent Power raises Rs 6 billion through NCDs Torrent Power Limited has raised Rs 6 billion through the issuance of non-convertible debentures (NCDs) on private placement basis. The company has iss­ued and allotted Series 11, […]

Finance

Financial Briefs: India and overseas

Serentica Renewables secures additional $250 million investment from KKR Serentica Renewables has signed definitive agreements with KKR for an additional investment of $250 million in the company. Earlier, in November 2022, Serentica Renewables secured an […]

Finance

Financial Briefs: India and overseas

RBI issues framework to acc­ept green deposits  The Reserve Bank of India (RBI) has an­n­o­unced a fra­me­work for accepting green deposits. The aim is to en­courage regulated entities to offer green deposits to customers, protect […]

Finance

Financial Briefs: India and overseas

Powergrid approves investments of over Rs 40 billion (India) Power Grid Corporation of India Limited (Powergrid) has given approval for investments of Rs 40.71 billion for two projects. It has approved Rs 5.24 billion for […]