Adani Energy Solutions shares are in focus as Adani Electricity Mumbai transfers the Adani Dahanu Thermal Power Station to North Maharashtra Power Ltd. through a slump sale. This move, part of a broader restructuring strategy, aims to attract ESG-focused investors and improve the company’s global utility rankings. The transaction awaits regulatory approval.
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of