Business

Airtel acquires 9% stake in Avaada Orderly for Rs 7.8 crore

Bharti Airtel has acquired around a 9 per cent stake in renewable energy firm Avaada Clean TN Project for about Rs 7.88 crore in an all-cash deal, according to a regulatory filing.Bharti Airtel acquired a stake in Avaada to comply with regulatory requirements for captive power plants under the provisions of Electricity Act 2003 and…

Published

3 years ago

March 11, 2022

Shrishti

Airtel acquires 9% stake in Avaada Orderly for Rs 7.8 crore

Bharti Airtel has obtained spherical a 9 per cent stake in renewable energy firm Avaada Orderly TN Mission for approximately Rs 7.88 crore in an all-money deal, in conserving with a regulatory filing.Bharti Airtel obtained a stake in Avaada to conform with regulatory requirements for captive energy vegetation below the provisions of Electrical energy Act 2003 and Indian Electrical energy Rules 2005 and procurement of put-effective renewable energy…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

1 year ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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