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Another official said the companies are considering partnering with other central power sector entities for technical know-how to run the acquired projects.

Asian share markets broke a five-day slide to edge higher on Thursday, shrugging off drops in Europe and on Wall Street overnight as China underscored its diverging monetary and economic picture by cutting benchmark mortgage rates.

Axis Bank Ltd., incorporated in the year 1993, is a banking company (having a market cap of Rs 223816.60 Crore).

ET has seen copies of those letters sent to bondholders that include wealthy individuals and retirement funds. The carrier had raised about Rs 5,500 crore through these instruments.

Goldman Sachs is selling bonds in as many as six parts, according to a person familiar with the matter. The longest portion of the offering, a 21-year security, may yield around 1.4 percentage points above Treasuries, said the person, who asked not to be identified as the details are private.

Ethereum is starting to test the closely watched $3,000 price threshold as the broader drop in risk appetite in some of the more speculative areas of markets continues to weigh on some of last year’s best performing assets.

Total income of Tata Communications declined marginally during the reported quarter to Rs 4,203.69 crore from Rs 4,231.05 crore in the corresponding quarter of 2020-21.

Constant currency sequential revenue growth at 9.2 per cent is the highest reported by the company till date, said Sanjay Jalona, Chief Executive Officer and Managing Director, LTI.

Consolidated revenue grew by 9 per cent year-on-year to Rs 2,413 crore. However, input material costs grew at a much faster rate of 24 per cent on-year, eating into the company’s profitability.

Its revenue from operations during October-December 2021 jumped 10.1 per cent to Rs 628.08 crore, against Rs 570.47 crore in the year-ago period.