Adani, Reliance, JSW, Vedanta, NTPC and Tata have already expressed interest in venturing into nuclear power. Now, companies in renewable energy, cement, chemical and steel are also said to be looking into it.
China’s discovery of a million-ton thorium reserve in Mongolia could power the nation for 60,000 years. This breakthrough might reshape global energy and end fossil fuel reliance.
Stocks including RIL, ICICI Bank, Adani Ports, Kotak Mahindra Bank, RITES, Tata Power, NPTC Green, Honasa, RailTel and more will be in the spotlight on Thursday, February 13.
Reliance Industries Ltd, Tata Motors Ltd, Asian Paints Ltd and Power Grid Corporation of India Ltd were among four Sensex stocks hitting their fresh 52-week lows.
Reliance Power stock closed on a flat note at Rs 39.89 on Wednesday against the previous close of Rs 39.91 Market cap of the firm stood at Rs 16,023 crore.
Prime Minister Narendra Modi proudly announced the commissioning of three frontline naval combatants, all designed and built in India, marking a significant milestone in the country's maritime capabilities. Speaking at the event, PM Modi emphasized India’s growing stature as a global maritime power and highlighted the importance of self-reliance in defense manufacturing. The addition of these state-of-the-art warships underscores India’s commitment to strengthening its naval forces and securing its vast maritime borders. This achievement not only boosts national pride but also reinforces India’s position as a key player in global maritime security.
Both companies have filed for approvals from the Bombay Stock Exchange and the National Stock Exchange, ensuring compliance with SEBI’s Listing Regulations, specifically Regulation 31A, which governs promoter reclassification.
Adani Ports, Asian Paints, IndusInd Bank and Reliance Industries gained 1.3-1.6 per cent. Tata Motors Ltd, ICICI Bank Ltd, Power Grid, Tata Steel and UltraTech Cement also gained over 1 per cent each.
It’s not just about perceived difficulty in raising money or reduce high debt levels. Analysts say the business does not sit well with the overall infrastructure piece of the conglomerate.
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