Inox Green Energy has submitted a bid of ₹550-600 crore for Wind World India’s green energy operation and maintenance portfolio. This bid is part of a court-driven process. Wind World India is currently undergoing corporate insolvency proceedings. The company provides O&M services for over 4.5 GW of renewable energy capacity. Its clients include major groups like Tata and ReNew Power.
Banks exit bulk of India rupee arbitrage positions ahead of RBI deadline, sources say
Banks have largely exited Indian rupee arbitrage trades, complying with the Reserve Bank of India’s $100 million net open position limit. These measures, aimed at