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The record date for the purpose of payment of dividend September 9. The interim dividend will be paid within stipulated timelines as prescribed under law, the filing said.

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The company explained that keeping in view of fund requirements of the company due to rapid capacity addition programme, the limit of Rs 30,000 crore is required to be increased.

REC today sold 61.8 million shares of National Hydroelectric Power Corporation at Rs. 27.2 apiece through a bulk deal on the National Stock Exchange.

Mahindra passenger vehicle sales up 17% in August

Updated at : 2021-09-02 00:20:01

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The company had sold 13,651 units in August 2020, M&M said in a statement.

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"The electricity market at the Indian Energy Exchange achieved a new milestone with a record all time high monthly volume of 9,538 MU achieving 74 per cent YoY (year on year) growth in August 2021," an IEX statement said.

Yes Securities strengthens top management leadership

Updated at : 2021-09-02 00:20:01

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"Given the bounce back in economy and markets, Yes Securities is all set to leverage and strengthen our key verticals of investment banking, merchant banking, wealth broking and institutional equities," Prasanth Prabhakaran, MD and CEO, Yes Securities, said.

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The retail sale of debt securities will open for subscription next Monday, the first such sale by the issuer after 2018. Those double-A rated securities will offer as much as 9.75 percent with seven-year and three-month maturity, sources said.

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Ministers agreed to continue making 400,000 barrel-a-day monthly supply boosts, delegates said.

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The weekly options expiry falls on Thursday and options data is showing a mixed picture. On one hand, very high Call OI open addition was seen at 17,000 level even as the 17,100 level held the highest Call OI.

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Gaurav Ratnaparkhi of Sharekhan said the index has stepped into a short-term consolidation. "Initial support on the downside stands at 17,000 level, whereas it can test the 16,800 level over the next few sessions," he said.

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