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In an investor presentation, Adani Power said the group plans a $21 billion investment by FY30 to scale up renewable energy capacity to 50 GW from 14.2 GW as of FY25.

The initial public offering (IPO) of Amanta Healthcare was open for subscription from September 1 to September 3 and closed with an overwhelming response, being subscribed 82.61 times overall.

The NSE Nifty 50 rose 32 points to close at 24,773, while the BSE Sensex added 77 points to settle at 80,787, paring most of the day’s gains after touching intraday highs earlier.

Sandip Agarwal, Fund Manager at Sowilo Investment Managers, discusses India’s platform-driven growth story on CNBC-TV18’s Finding Alpha, highlighting opportunities in delivery, diagnostics, tourism, and AI.

As part of the arrangement, Oilmax Energy’s existing stake in Asian Energy will be cancelled. In return, Asian Energy will issue fresh shares to OEPL’s shareholders based on a pre-decided share-exchange ratio.

JSW Steel reported consolidated crude steel production of 27.03 lakh tonnes in August, up 17% year-on-year. Shares gained nearly 3% on the NSE as metal stocks rallied.

Silver could hit $50 per ounce and gold may rise another 10% by year-end, says Avinash Gupta, Vice Chairman of GJC, citing strong industrial demand, surging imports, and central bank buying despite slower retail sales.

SpiceJet said it has completed payment of $24 million to Credit Suisse, closing a long-standing liability. The settlement removes a financial overhang even as losses persist.

For the long term, Ujjivan SFB has set several growth priorities for FY30. The bank aims to triple its liabilities, achieve a CASA ratio of around 35%, and expand its gross loan book to approximately ₹1 lakh crore.

Vishal Goyal, Managing Director and India Financials Analyst at UBS Global Research, expects India’s credit growth to strengthen in H2, led by consumption, SME lending, and NBFCs, while segments like housing, gold finance, and power finance also show strong growth…