Major Stake Sales and Renewable Energy Projects Highlight Market Activity

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Major Stake Sales and Renewable Energy Projects Highlight Market Activity

1734+ Words Refined into 7 Facts by AI • 3 sources • 20h ago

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Edel Finance Company and Ecap Equities to sell 7.1% stake in Nuvama Wealth.
Acme Solar secures 250 MW renewable energy project at INR 4.56 tariff.
Reliance NU Suntech awarded 930 MW solar contract with SECI.
Varroc Engineering to transfer 50% shareholding in Varroc TYC Corporation.
Shriram Group sells 84.44% stake in Shriram Housing Finance to Warburg Pincus.
Waaree Forever Energies receives award for 170 MW solar plant in Madhya Pradesh.
OneSource plans to file Information Memorandum for Q4FY25 listing.

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Related Update: 13 hours later

ONGC, Coca-Cola, and Reliance Power Updates

720+ Words Refined into 6 Facts by AI • 1 source • 7h ago

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ONGC is exploring technology partnerships with Shell and Petronas.
Coca-Cola sells 40% stake in Hindustan Coca-Cola Holdings for Rs 12,500 crore.
Reliance Power awarded 930 MW solar energy contract on December 9.
Supreme Court issues contempt notice to Reliance Infrastructure for Rs 4,700 crore refund.
State Bank of India invites bids for Rs 52,074 crore bad debt acquisition.
Tata Power partners with Tivolt to enhance e-mobility solutions.

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Related Update: 7 hours later

New Insights on Stake Sales and Energy Contracts

618+ Words Refined into 4 Facts by AI • 1 source • 0m ago

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Nuvama Wealth stake sale reflects ongoing consolidation in financial services
Acme Solar project includes a green-shoe option for expansion
Reliance NU Suntech is a subsidiary of Reliance Industries
Varroc Engineering to decide on next steps based on legal advice

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Major Stake Sales and Renewable Energy Projects Highlight Market Activity