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Vector Green portfolio includes 19 ground-mounted utility scale projects located across 8 states as well as 89 rooftop solar projects on 216 roofs across 7 states in India. An additional 90 MW of solar projects are under implementation in Gujarat. Vector Green had expanded its portfolio in 2019 by acquiring about 225 MW solar generation capacity from RattanIndia.

Apraava Energy managing director Rajiv Mishra said the company targets to double its business in the next 3-4 years and the deal enables the vision. He said the company will stick to the electricity segment including green energy generation, power distribution and transmission and smart meter businesses.

The consumer price index probably increased 8.8% from a year earlier, marking the largest jump since 1981, according to the median forecast in a Bloomberg survey. Compared to May, the widely followed gauge is seen climbing 1.1%, marking the third month in the last four that inflation has advanced at least 1%.

A senior government official told ET that the EPFO was so far taking a decision to offload equity in February and had less than a month to realise the capital gains basis which it declared the rate of interest on PF deposits for the concluding year.

"Reliance Retail is in advanced talks with Fortnum & Mason to set up premium luxury stores in India under the Fortnum & Mason brand," one of the executives said. He said the group is exploring multiple options for India, which could include physical stores as well as an online presence in India.

MindTree, Tata Metaliks, Premier Polyfilms, International Travel House and Gujarat Hotels are among the company that will announce their quarterly earning for the quarter ended June 2022.

The banks have a higher holding of government securities, especially the ones with longer tenors, in their investment portfolios due to which the rising bond yields pose headwinds from a profitability perspective.

As per a stock exchange filing made on Tuesday, the proposed appointment will be with effect from July 12 subject to approval of the shareholders. The company is likely to appoint the new chairman amongst these three directors in the next board meeting later this month or early next when Eveready announces its April-June quarterly earnings.

The central bank in May instructed banks that intra-day credits to stockbrokers have to be backed by a minimum margin of 50% in the form of fixed deposits and marketable securities. So, a broker needing ₹500 crore as intra-day funds must cough up at least ₹250 crore as collateral to the lending bank.

"Given the out-performance and benefits of the acquisition will be back-ended, we expect these stocks to underperform following the close of the open offer and for the discount to large-cap peers to widen," said CLSA.