NTPC Green Energy has filed draft papers for a 100 billion rupees initial public offering, aiming to benefit from India’s renewables expansion and a strong equities market. The company will issue new shares, with no existing shareholders selling stakes. This move aligns with India’s goal to add 500 GW of clean energy by 2030.
Rupee ends in the green on likely central bank support
The Indian rupee weakened to 87.53 against the dollar on Friday, despite likely RBI intervention, capping a turbulent week marked by new US tariffs. Portfolio