IL&FS, as part of its resolution process, had recently invited expressions of interest (EoIs) to acquire a 92% stake in ITPCL held by IL&FS Energy Development Company (80%) and the group holding company (12%). This asset has two coal-based power plants with 1,200 MW capacity in Cuddalore with the potential to add nearly 2,000 MW more, a captive jetty adjacent to the plant, and a captive coal mine in Indonesia.
PhysicsWallah Q2 Results: Profit soars 62% YoY to Rs 72 crore, revenue surges 26%
PhysicsWallah reported 62% YoY profit growth and 26% revenue rise in Q2, backed by rapid offline expansion, diversified income streams, and improved margins following major