Adani Green Energy shares rose 3% to Rs 946 in Thursday’s intraday trade after the company announced its decision to withdraw from two proposed wind power projects in Sri Lanka. The move follows the Sri Lankan government’s request for lower tariffs, easing concerns over the projects’ viability. The wind power projects were estimated to cost $1 billion.
Geopolitics, crude risk and the IT conundrum: Sridhar Sivaram on why investors may need to stay selective
Geopolitical tensions in West Asia are creating market uncertainty, impacting energy supplies and capital flows. While Indian equities have shown resilience, prolonged conflict could significantly