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BofA Resumes Prologis at Buy on Persistent Pricing Power and 2023 Growth By Investing.com

© Reuters. By Sam Boughedda BofA resumed coverage of Prologis (NYSE:) with a Buy rating and a $140 price target in a note Monday, following last week’s earnings release, which demonstrated the company’s premier global warehouse platform, persistent pricing power, and attractive 2023 growth outlook. Analysts there stated the company delivered a strong beat on …

BofA Resumes Prologis at Buy on Persistent Pricing Power and 2023 Growth By Investing.com Read More »

Global dependence on fossil fuels unhealthy, says Indian Power Minister

New Delhi, Oct 18 (IANS) India’s Power and Renewable Energy Minister Raj Kumar Singh on Tuesday said that the past two years have provided multiple reminders that the global dependence on fossil fuels is unhealthy, not just for the environment, but also for the economy. Inaugurating the fifth Assembly of the International Solar Alliance (ISA) …

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India lacks laws to deal with decommissioning of thermal power plants: Report

New Delhi, Oct 12 (IANS) The International Forum for Environment, Sustainability and Technology (iFOREST) on Wednesday released its latest report that assesses the adequacy of existing environmental, land and labour laws in India to deal with the decommissioning of a coal-based thermal power plant (TPP) and other industries. Titled ‘Just Transition of coal-based power plants …

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Toshiba India to power Evage’s electric vans with its batteries

New Delhi, Oct 11 (IANS) Toshiba India on Tuesday signed a deal with Indian EV startup EVage to supply its SCiB rechargeable lithium-ion cells to power the next 10,000 EVage electric commercial vehicles. With this agreement, EVage has become the first company in the world to use Toshiba’s SCiB technology for delivery vans. EVage is …

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Some Adani Stocks Under Radar Today: Adani Enterprises, Adani Power & More

By Malvika Gurung investing.com — Adani Enterprises (NS:): The flagship company of the Adani (NS:) Group conglomerate debuted on the index and secured finances for the access-controlled, six-lane greenfield Ganga Expressway project in UP, after nine months of winning the contract.  The 594 km-long expressway will connect Meerut with Prayagraj, of which Adani Enterprises (NS:) …

Some Adani Stocks Under Radar Today: Adani Enterprises, Adani Power & More Read More »

‘No ground for review’: SC on Axis Bank’s review plea against CIRP order for Vidarbha Industries Power

New Delhi, Sep 29 (IANS) The Supreme Court has declined to entertain a review petition by Axis Bank (NS:) Ltd challenging an order passed in the corporate insolvency resolution process (CIRP) for Vidarbha Industries Power Ltd. A bench, headed by Justice Indira Banerjee (retired now), upheld the ruling that National Company Law Tribunal (NCLT) has …

‘No ground for review’: SC on Axis Bank’s review plea against CIRP order for Vidarbha Industries Power Read More »

Competition Commission approves Adani Power’s acquisition of Diliigent Power, DB Power

New Delhi, Sep 29 (IANS) The Competition Commission of India (CCI) on Thursday approved acquisition of 100 per cent share capital of Diliigent Power Private Ltd and DB Power Private Ltd by Adani Power (NS:) Ltd. The proposed combination involves acquisition of 100 per cent of the share capital and economic rights of Diliigent Power …

Competition Commission approves Adani Power’s acquisition of Diliigent Power, DB Power Read More »

Vail Resorts Gains Post EPS, Altus Power Falls on Offering By Investing.com

© Reuters. After-Hours Stock Movers: Connexa Sports Technologies, Inc. (CNXA) 14% LOWER; entered into a securities purchase agreement with a single institutional investor for the issuance and sale of 12,820,512 shares of its common stock (or common stock equivalents in lieu thereof), together with accompanying common stock warrants, at a combined purchase price of $0.39 …

Vail Resorts Gains Post EPS, Altus Power Falls on Offering By Investing.com Read More »

Mega-Cap Stocks in Focus: Maruti Suzuki, SBI, Adani Power, Oil Companies & More

By Malvika Gurung Investing.com — Maruti Suzuki India (NS:): India’s largest carmaker will be recalling 5,002 super carry vehicles manufactured between May 4, 2022, and July 30, 2022. State Bank of India (NS:): SBI Global Factors have become a 100% subsidiary of the state-lending giant as the latter acquired almost 14% stake from other shareholders. …

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