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India's state oil refiners may order tankers worth $600 mn for domestic use
India is gearing up to ramp up its energy security, acquiring a fleet of crude carriers instead of relying on foreign-owned vessels.
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IFL Enterprises plans to raise up to ₹49 crore through rights issue
Indian Exporters See Growing Global Opportunities, Says FIEO Chief At Pune Conclave Proceeds from the issue will be used to strengthen the company's financial position and support general corporate purposes," the company, which is involved in import, export and trading of agri commodities, said in a statement.
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Starlink to launch in India with ₹3,000 monthly plans, ₹33,000 setup cost
Elon Musk’s Starlink will offer unlimited data plans to consumers from a starting price of ₹3,000, while consumers will have to pay a one-time price of ₹33,000 for the company’s data receiver, sources reported.
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Tata Steel to begin UK low-carbon project in July 2025
Speaking further on the UK plan, the officials said the structural transition is also accompanied by a significant focus on cost rationalisation as the company plans to bring down its fixed costs further from 762 million pounds in FY2024-25 to 540 million pounds in the coming year. The reductions are based on optimising substrate costs, modernising IT infrastructure, rationalising downstream operations and eliminating corporate overheads. As part of its efforts to reduce carbon emissions, the company is transitioning from the blast furnace route to the low-emission electric arc furnace process, which will utilise the locally available scrap.
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IndiGrid to acquire 300 MW solar project, transmission asset for ₹2,108 cr
IndiGrid, a power sector InvIT, announced the execution of definitive agreements to acquire one solar and one transmission asset, aggregating to an EV of about ₹2,108 crore
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RBI Guv flags crypto concerns, says it may hamper financial stability
RBI Governor Sanjay Malhotra on Friday said the central bank is concerned about cryptocurrencies as it can hamper financial stability.
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Central Bank of India buys 24.91% stake in Future Generali for Rs 451 cr
State-owned Central Bank of India on Thursday said it has acquired a 24.91 per cent stake in Future Generali India for Rs 451 crore.
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