Torrent Power Limited, a prominent player in India’s energy sector, has reported impressive financial results for the first quarter of FY 2024-25. The company’s revenue from operations surged to ₹9,034 crore, marking a substantial 23% increase from ₹7,328 crore in the same period of FY 2023-24. This robust growth underscores Torrent Power’s strong performance across […]
Reliance Industries said that its fully-owned subsidiary — Reliance Petroleum Retail Limited (under name change to ‘Reliance Polyester Limited’) has agreed to acquire the polyester businesses of Shubhalakshmi Polyesters Limited (SPL) and Shubhlaxmi Polytex Limited (SPTex) for a total of INR 1,592 crores. Reliance Polyester will pay INR 1,522 crores to Shubhalakshmi Polyesters. The latter […]
