Investor confidence in renewable energy is surging, driving up the value of distressed assets. Recent auctions of wind energy firms like Regen Powertech and Wind World (India) have seen bids exceeding reserve prices significantly, boosting lender recoveries. This renewed interest is fueled by India’s ambitious renewable energy targets and a turnaround in the power sector after years of struggles.
Zee Entertainment approves Rs 600-crore share buyback at Rs 91 apiece; promoters to stay out
Zee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its latest NSE closing price. The