Reliance Power board meet on Sept 23 to consider long-term fund raise

Reliance Power is exploring multiple avenues, including preferential issue, qualified institutional placement (QIP), rights issue and foreign currency convertible bonds.
Reliance Power is exploring multiple avenues, including preferential issue, qualified institutional placement (QIP), rights issue and foreign currency convertible bonds.
The US Federal Reserve on Wednesday (September 18) implemented its first interest rate cut since the onset of the COVID-19 pandemic, reducing benchmark rates by half a percentage point.
stocks to watch, GE T&D India, Garden Reach Shipbuilders, BL Kashyap, Apollo Micro Systems, IREDA, Ion Exchange, Allcargo Logistics, Power Grid Corporation of India and more, these are the stocks to watch for today.
Sensex Today | Stock Market Highlights: The Indian stock market closed largely lower on Wednesday (September 18), ahead of the US Federal Reserve’s policy meeting outcome. The Sensex dropped 131 points to 82,948, while the Nifty fell 41 points, ending at…
Dimon said last month that he doesn’t “think it matters as much as other people think,” citing ongoing economic uncertainty and inflationary pressures.
Traders are now pricing in a 63% chance of the Fed easing rates by 50 basis points, according to the CME Group’s FedWatch Tool. That number is lower than Monday’s 67% but higher than Friday’s 47%.
The renewable energy arm of Maharatna NTPC will only issue new shares, and existing shareholders will not sell any stake, draft papers showed.
The company will issue up to 63,000 “rated, listed, senior, unsubordinated, secured, transferable, redeemable NCDs with a face value of ₹1 lakh each, the Jaipur based housing finance company said in an exchange filing.
The project, titled “Transmission System for Evacuation of Power from Rajasthan REZ Phase IV (Part 2: 5.5 GW) (Jaisalmer/Barmer Complex): Part H1,” will be executed on a build, own, operate, and transfer (BOOT) basis.
Shares of Mankind Pharma ended 0.2% lower at ₹2,452.00 per share.