Shares of Adani Power were locked in the 5 per cent upper circuit at Rs 327.50, also its record high on the BSE in Monday’s trade. In the process, the stock traded higher for the seven straight day. Till 10:06 am; a combined 12.3 million shares changed hands and there were pending buy orders for 2.4 million shares on the NSE and BSE.

The stock of Adani Group electric utilities company surged 35 per cent in past seven days after index provider MSCI included Adani Power in its global index.

Telecom operator Vodafone Idea is planning to raise Rs 20,000 crore, including Rs 10,000 crore in equity and remaining as fresh loans from banks, in fresh funding, CEO Ravinder Takkar told a newspaper.

India's third-largest telecom operator Vi is 'closer than ever' in raising fresh funds, Takkar told The Hindu Business Line.

HCL Group and UNLEASH, a global innovation programme for the UN Sustainable Development Goals (SDGs), have announced a year-long collaboration to mobilise youth and develop innovative solutions to promote aquatic ecosystem conservation.

These solutions will aim to tackle challenges from source (mountains and glaciers) to sink (oceans and seas) and their links to terrestrial ecosystems, according to a statement.

The Bengaluru-based Prestige Group, which is entering the financial capital, has drawn plans of investing at least Rs 7,500 crore over the next four-five years to get a foothold in the foremost realty markets in the country, a top official has said.

The listed company, which has a presence in the southern market and has delivered over 250 projects, will develop both residential and commercial projects in the financial capital, its managing director Irfan Razack told PTI.

The NCLAT has dismissed the plea of Hinduja Leyland Finance Ltd to initiate insolvency proceedings against its creditor Fly Express Logistics.

A three-member bench of the appellate tribunal upheld the earlier orders of the Allahabad bench of the National Company Law Tribunal (NCLT), which had on April 5, 2022, rejected the plea of Hinduja Leyland Finance.

Greenko Group will supply green power to ArcelorMittal, Ayana Renewable Power and three states from its 5,230 MW renewable energy plant being set up here, a top company official said.

The plant which is being set up at a cost of USD 3 billion is the world's largest renewable energy storage project. Global steel giant ArcelorMittal has made an investment of around USD 600 million for 1,000 MW capacity of the project.

With an upturn in the real estate cycle, LIC Housing Finance plans to step up project finance lending and increase the share of such disbursements to 10 per cent in 2022-23 (FY23), from the present-day 5 per cent.

On the project loan side, in the first half of 2021-22 (FY22), activities were not in full swing. Also, business was impacted by the third wave in the second half of FY22. Now the business environment is clear. There may be a drawal of money for existing projects. Plus, there is a pipeline of projects being considered in excess of Rs 1,000 crore.

The World Health Organization (WHO) has confirmed 80 cases of monkeypox in 11 countries and said they are working to better understand the extent and cause of the outbreak.

In a statement issued on Thursday, the WHO said the virus is endemic in some animal populations in a number of countries, leading to occasional outbreaks among local people and travelers.

The Indraprastha Gas Limited (IGL), on Saturday, increased the price of Compressed Natural Gas (CNG) by Rs 2 per kg. With this CNG will cost Rs 75.61 per kg with effect from today.

CNG will cost Rs 78.17 per Kg in Noida, Greater Noida, and Ghaziabad. It will cost Rs 83.94 per Kg in Gurugram.

The Arvind Kejriwal Government has undertaken a unique initiative of using robots for extinguishing fires in the city. Initially, the Aam Aadmi Party (AAP) Government on Friday inducted two robots into Delhi's firefighting fleet that will be able to douse fires in narrow streets, warehouses, basements, stairs, forests and enter places like oil and chemical tankers and factories.

This comes days after a massive fire that broke out last week in a factory in Mundka. In the incident, 27 people had died.

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