The new facility is reportedly borrowed at a weighted life of 19 years, and now carries a funding cost of 9.2%. The loan it refinanced was taken in 2021 to develop wind-solar hybrid projects.
Mark Mobius, a pioneer of emerging markets investing, has died at 89. Known for decades at Franklin Templeton Investments, he championed opportunities across developing economies,
Declining DII shareholding across Nifty 500 stocks signals cautious sentiment, with investors trimming exposure in firms like Bank of India and Hindustan Petroleum Corporation amid
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