NMDC: The state-owned miner has started the process to carve out its steel unit and list it as a separate business on the bourses. The 4,750-megawatt (MW) renewable energy park at Rann of Kutch in Khavada Gujarat will be set up by NTPC Renewable Energy ltd, the power giant said in a statement. Tata Metaliks: The Tata Steel unit on Tuesday reported a net profit of ₹94.72 crore for the quarter ended 30 June. Reliance Infrastructure Ltd: The company clarified that it was “engaged in various initiatives to monetize its assets" and cut its overall leverage. “Appropriate disclosures will be made in accordance with applicable regulations, as and when any disclosable event occurs," Reliance Infra said in a regulatory filing.

Source: Mint July 14, 2021 02:15 UTC