In today’s trade, shares of IndiGo, RIL, Torrent Power, ideaForge, NTPC Green among others will be in focus due to various news developments,
IndiGo
A Manchester-bound IndiGo flight, operated with a leased Boeing 787 aircraft, returned to the national capital on Monday due to restrictions when the plane was to enter the Eritrea airspace, PTI reported. Also, an IndiGo flight from London Heathrow to Mumbai was diverted to Cairo following issues related to entering Eritrea airspace.
RIL
Reliance Retail, India’s largest retailer, announced on Monday that it has completed the acquisition of the brand ‘Pahadi Local’ along with the business from Pahadi Goodness. ‘Pahadi Local’ is a fast-growing Indian beauty and wellness brand known for its nature-led, Himalayan-inspired formulations.
Torrent Power
Torrent Power on Monday said it has raised Rs 2,000 crore through the issuance of non-convertible debentures (NCDs) on a private placement basis. The company issued 2,00,000 NCDs of Rs 1 lakh per debenture aggregating to Rs 2,000 crore
ideaForge
ideaForge Technology’s wholly-owned subsidiary ideaForge Technology Ind Inc, announced on Monday that it has commenced a specialised drone flight-test training programme for NATO military personnel at the National Test Pilot School (NTPS) in the US. This is the first such initiative by an Indian UAV player, it added.NTPC Green
NTPC Green Energy said its 250-MW solar PV project in Andhra Pradesh has become operational. The project is owned by Ayana Kadapa Renewable Power, a wholly-owned subsidiary of the joint venture entity ONGC NTPC Green. The second part capacity of 91.6 MW out of the 250-MW Solar PV Project located in Andhra Pradesh was declared commercially operational with effect from February 27.