Govt issues draft norms for finance mechanism under PM Surya Ghar scheme
Tue, Sep 10, 2024 12:12 PM

Govt issues draft norms for finance mechanism under PM Surya Ghar scheme

A Flip by Avya Verma
Get it on Google Play
India's Ministry of New and Renewable Energy has issued draft norms for the RESCO model and utility-led demand aggregation model of the new rooftop solar scheme, allowing consumers to access rooftop solar systems without upfront payment, with ownership transferred after a minimum 5-year project period.

More great flips

What's the new norm that increases transparency for 60% of India Inc?

What's the new norm that increases transparency for 60% of India Inc?

India has mandated that private companies issue securities in dematerialised form, increasing transparency and facilitating hassle-free transactions, but also allowing shares to be freely transferable, potentially posing a challenge for companies to track public shareholding and ensure compatibility with their vision.

Open Flip
Sell Fine Organic Industries; target of Rs 4095: Motilal Oswal

Sell Fine Organic Industries; target of Rs 4095: Motilal Oswal

Fine Organic Industries is well-positioned to capitalize on growing demand for sustainable alternatives in global oleochemicals market, valued at USD37.9b in CY23 and projected to reach USD65.4b by CY30, through strategic investments in R&D & capacity expansion. However, capacity constraints & land acquisition challenges may delay new capacity buildup, leading to Sell rating with a TP of INR4,095.

Open Flip
HDFC Bank shares: $1.8 billion of MSCI flow expected next month

HDFC Bank shares: $1.8 billion of MSCI flow expected next month

Shares of India's largest private sector lender HDFC Bank, which has been testing investor patience for the last few years, may attract $1.8 billion inflows as global index services provider MSCI may increase its weightage. HDFC Bank's September shareholding pattern shows that the FII headroom remains safely above 20%.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon