Adani Green Energy saw block deals with BNP Paribas buying and Morgan Stanley selling shares. Despite a December-quarter net loss, the company’s power supply revenue and EBITDA grew over 20%, driven by 5.6 GW new capacity, keeping 50 GW target on track.
Private sector growth hits 3.5-year low in March
India’s private sector growth slowed to its weakest pace in over three years in March, impacted by the West Asia conflict dampening demand and output.