Scoreboard
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Akzo Nobel India has received a tax assessment order proposing additions of 1.12 billion rupees to the company’s income. At this stage, the expected financial impact cannot be determined, as the company evaluates the implications and considers its response to the order.
Accedere Ltd has approved a 1:10 bonus share issue, signaling confidence in its growth trajectory and commitment to rewarding shareholders. The move is expected to enhance liquidity, broaden investor participation, and strengthen market sentiment around the company’s future prospects.
SJVN Ltd has announced that its flagship Nathpa Jhakri Hydro Power Station has crossed the historic milestone of generating 150 billion units of electricity. This achievement underscores the plant’s role as a cornerstone of India’s renewable energy journey and sustainable power generation.
India has reduced natural gas supplies to fertiliser plants, according to government sources. The move comes amid rising demand pressures and prioritisation of gas allocation for other critical sectors, impacting the fertiliser industry’s production capacity and cost dynamics.
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