₹1,261.19 crore, according to NSE data. DIIs bought equities resulting in an inflow of ₹1,380.15 crore, the exchange data showed.Adani Green Energy, the renewables firm of Indian billionaire Gautam Adani, is in talks with a group of foreign lenders to borrow as much as $1.8 billion, according to people familiar with the matter.The loan proceeds will be used to build new capacity in solar and wind projects, said the people, who asked not to be named as the matter is private.The banks involved include Barclays Plc, BNP Paribas SA, Deutsche Bank AG, First Abu Dhabi Bank PJSC, Rabobank and Standard Chartered Plc, they said.
A representative of Adani Group declined to comment. (Read More)Tata Motors Ltd’s passenger electric vehicle subsidiary on Thursday said it will enter a strategic partnership with Jaguar Land Rover, the wholly-owned British luxury vehicle arm of the group, to leverage its electrified modular architecture (EMA) platform and develop its premium pure EV series, Avinya.For the first time since the Tatas acquired JLR, the Indian passenger vehicle firm will be sharing the new platform and utilizing the strengths of JLR to fast-track the development of new vehicle types.
(Read More)Tata Consultancy Services (TCS) Ltd boss K. Krithivasan is battling a new problem that is not the company’s making: Making up for a nearly $450 million loss in annual business.Earlier this week, Deutsche Bank announced that it will shut almost half of the 550 branches of Postbank over the next two years as Germany’s biggest bank sees more customers prefer online banking than walking into a branch.It was only in November 2020 that Tata Consultancy Services (TCS) bought Postbank Systems AG, the IT firm of Postbank, as the Mumbai-based
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