Fri, Nov 15, 2024 1:24 PM
Nikhil Kamath's WTFund, Nazara Tech to back two gaming startups
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NTPC Green Energy's Rs 10,000-crore IPO will be open for public subscription from November 19 to 22, with 10% reserved for NTPC shareholders, enhancing their allotment prospects. The IPO is priced between Rs 102-108 per share, with a minimum application of 138 shares. NTPC Green Energy aims to invest Rs 1 lakh crore in solar and wind assets by FY27.
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The Centre will launch a production-linked incentive (PLI) scheme by the end of the current financial year to promote the manufacturing of transmission equipment, two power ministry officials told Moneycontrol. India imports most of its power transmission equipment, including transformers, circuit breakers and switchgears, and as demand outpaces supply across the world, prices have shot up.
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Reported Consolidated quarterly numbers for SBEC Systems (India) are: Net Sales at Rs 0.77 crore in September 2024 up 19.33% from Rs. 0.65 crore in September 2023. Quarterly Net Profit at Rs. 0.26 crore in September 2024 up 7.47% from Rs. 0.24 crore in September 2023. EBITDA stands at Rs. 0.59 crore in September 2024 up 68.57% from Rs. 0.35 crore in September 2023.
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