Asian shares slipped on Monday after a run of upbeat economic data from the United States and globally lessened the risk of recession, but also suggested interest rates would have to rise further and stay up for longer. Bond markets took a beating in the wake of stunning reports on jobs and services, catching speculators […]
As per reports, there is a potential deal between Malaysia’s Petronas and NTPC’s RE arm. Petronas is said to be offering $460 mn for a 20% stake in NTPC’s RE arm. At the end of the Q3 of FY2022-23, the company had commissioned approximately 2.9 GW of RE capacity and had 4.7 GW under construction. […]
power generator ntpc delivered a strong performance in Q3FY23 with standalone /consolidated reported PAT at Rs 44.8 bn/ Rs 48.5 bn and adj. PAT at Rs 44.2 bn/ Rs 48 bn, respectively. Main factors impacting the performance were: strong core operational performance and addition of 3GW capacity over the past 12 months, reduction in fixed […]